The July 75s on WTI

The July 75s have almost doubled in value just today because we've had a nice up move in oil, but I mean low and limited risk as of yesterday. 57.6% of the paper this week coming in the July contract. The puts continue to catch a bid out here, which is interesting. We're threatening that 70 handle every break through it. But as we start to threaten it, you do see a little bit of a bid start creeping into the downside.