Tag: RIG

HUGE Put Option Sale Seen in Transocean (RIG)

The drilling group is seeing some action this month, after Ensco plc (ESV) earlier this week, now a large investor is selling 18,000 + Jan 2016 $30 PUTS in Transocean Ltd (RIG).  The investor sold those puts for $1.04, at the bid, for gross proceeds of almost $1.9 Million. Clearly this investor knows with certainty