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Bullish Options Activity in Halliburton (HAL) Targets 6% Upside in Shares Through September -Susquehanna

July 30, 2019 3:04 PM EDT

Susquehanna options strategist Alison Edwards notes bullish options activity in Halliburton (NYSE: HAL), as an opening investor in purchased ~29k Sep 22.5 Calls in small lots throughout the day. This investor opens upside exposure through mid-September, breaking even on a ~6% rally in the underlying over that timeframe.

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