Off goes SLCA. The stock jumped up today. Here's what's happening:

U.S. Silica Holdings Inc (SLCA) is trading 16% higher at $14.19 today. There are several factors affecting price:

The company's oil and gas customers are locking in sand supplies. There has been an unusual Increase in call option volume in several stocks today, SLCA being one. The company reported GAAP EPS of $0.32, which beat estimates by $0.23, and it's revenue of $388.5M beat estimates by $43.5M

U.S. Silica Holdings Inc has been trading between a 52-week high of $21.54 and a 52-week low of $7.23. The stock has a market cap of $1.07 Billion.

U.S. Silica Holdings, Inc. is a performance materials company and is a member of the Russell 2000. The Company is a leading producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications.