Pair Trade Pick: Diamond Offshore Drilling Inc. ($DO) and Transocean Ltd. ($RIG)

by Administrator on July 23, 2010

$DO (Diamond Offshore Drilling Inc.) and $RIG (Transocean Ltd.) created a profitable trade using BAM Pair Trading Strategy. The net profit potential was $350 trading Buying (DO) at $62.71 while Shorting (RIG) at $50.64. Entered position at 2:45pm EST and exited at 3:25pm EST.

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