Replies to post #3207 on Transocean Ltd. (RIG)

[eastunder]

Just going by what I read.

https://finance.yahoo.com/news/rig-rakes-options-amid-volatile-194654935.html

Oil and gas drilling company Transocean Ltd (NYSE:RIG) is taking a steep fall on the charts today -- alongside much of the energy sector -- pulling back after the Organization for Petroleum and Energy Countries' (OPEC) production cut announcement caused a Monday surge. RIG is down 13.3% to trade at $2.48 at last check, heading toward five-straight days of double-digit price moves, and in response to the volatile week, options traders are flocking.

Not that it matters.