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

by Administrator on September 29, 2010

DO (Diamond Offshore Drilling Inc.) and RIG (Transocean Ltd.) created a profitable trade using BAM Pair Trading Strategy. The net profit potential was $450 trading Shorting (DO) at $69.18 while Buying (RIG) at $64.54. Entered position at 11:50am EST and exited at 12:35pm EST.

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