Pair Trade Pick: Baker Hughes Incorporated (BHI) and Noble Corp. (NE)

by Administrator on December 22, 2010

BHI (Baker Hughes Incorporated) and NE (Noble Corp.) created a profitable pair trade using the bampairtrading strategy. The net profit potential was $240 trading Shorting (NE) at $34.86 and Buying (BHI) at $56.67. Entered position at 11:45am and Exit at 12:05pm EST.

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