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Options have been bullish in energy companies for several weeks, and now it's Nabors Industries'...

Options have been bullish in energy companies for several weeks, and now it's Nabors Industries' (NBR +3.5%) turn as shares power higher for the second straight day. OptionMonster is seeing sizable buying in Sept. 16 and 17 calls on triple the average daily volume; calls outnumbered puts yesterday by five to one, a reflection of the bullish sentiment.
Comments (1)
  • sounds like the option strategist for Option Monster wants to sell out of his losing position in NBR
    14 Aug 2012, 01:30 PM Reply Like
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