Notable Options Activity in Hess Corporation

Shares of Hess Corporation (HES) are lower on the session by $3.98(7.23%), currently trading at $51.06 Option volatilities are slightly bid with May +0.9 points, June +1.2 points and August +1.1 points. The strike seeing the heaviest action is the May2012 $55.00 call, which has traded 7,000 times on open interest of 3,600 contracts.