12:45pm (EST)
We have a New Trade this afternoon on a low-priced stock that could be headed towards a retest to $5.
New Trade!
Transocean (RIG $5.89, down $0.34)
Buy to Open RIG January 5.50 puts (RIG240119P00005500, $0.20, up $0.07)
Action: We like these put options at current levels and you can use a Limit Order up to 30 cents to get the best fills. These are the regular RIG January 5.50 puts that expire on January 19th, 2024.