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Shares of Comstock Resources
CRK are higher on the session by 0.52%, currently trading at $15.33. The stock has been moving largely higher over the past two weeks and is currently trading above the 50-day moving average.
Options traders are focusing on puts today. The strike seeing the heaviest action is the June 2012 $12.50 put, which has traded 1,500 times on open interest of 503 contracts.
Put volume is outpacing call volume by 6 to 1.
Comstock Resources, Inc. is engaged in the acquisition, development, production and exploration of oil and natural gas.
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