$OXY (Occidental Petroleum Corp) and $UPL (Ultra Petroleum Corp.) created a profitable trade in Tradestation using the bampairtrading strategy on both sides of the pair. The net profit potential was $440 trading Short OXY at $84.41 while Long UPL at $47.29. Entered position at 10:10am and exited at 11:15am EST.
Pair Pick - Occidental Petroleum Corporation (OXY) and Ultra Petroleum Corp. (UPL) on Nov. 17th 2009