Comstock Resources (CRK) Higher With Strong Option Volume; Nat Prices Prices Rise

April 23, 2012 12:43 PM EDT
Comstock Resources (NYSE: CRK) is seeing strong options volume as implied volatility dropped off Monday. Shares are up 1.4 percent while option volume is about 16 times the trailing 10-day average.

In addition, volatility is about 1 percent lower from the close last Friday.

Comstock might be moving on a rebound in nat gas prices following the nor'easter that hit the East Coast over the weekend.


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