Permian Resources (PR) sees resumed call buying

December 5, 2023 4:12 PM EST

Permian Resources (NASDAQ: PR) saw call buying resumes today, options strategists at Susquehanna noted.

"An opening investor in Permian Resources bought 6k Dec 14 calls and 2k Jan 15 calls for $0.15 and $0.20, respectively," the strategists highlighted. "There was increased call buying in the name ahead of earnings in early November that focused on the longer dated April options."

It was noted that Texas Monthly recently had a profile of the company’s management team.



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