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 $490 trading Buying (DO) at $60.72 while Shorting (RIG) at $46.98. Entered position at 10:15am EST and exited at 12:05pm EST.

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