HAL Diagonal Put Spread at a debit of $2.21
(Buy HAL 16Mar12 39.0 Put
Sell HAL 03FEB12 36.0 Put)
Target: $2.45
Comment: This is a highly speculative trade. Halliburton is outperforming the market due to a court hearing in favor of RIG. Market is expecting a similar hearing for HAL in BP oil spill.
Updates to the "Last 10 trades" section of the blog will be made shortly.
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