Pair Trade Pick: $UPL (Ultra Petroleum Corp.) and $APC (Anadarko Petroleum Corp.)

by Administrator on July 21, 2010

$UPL (Ultra Petroleum Corp.)  and $APC (Anadarko Petroleum Corp.) created a profitable trade using the bampairtrading strategy. The net profit potential was $420 Shorting (UPL) at $44.15 while Buying (APC) at $45.57. Entered position at 2:50pm EST and exited at 3:20pm EST.

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