MDR

MDR - I just bought back the puts on MDR for $.70. Made a 33% GAIN in 2 days. I did this because I think there will be a market pullback and the underlying stock could go down.

MDR

McDermott Intl (MDR) - If it drops below $16, bail out or buy MAY15 PUTS.

MDR

McDermott Intl (MDR) - Sold MAY15 PUTS (MDRQC) @ $1.05 today. Stock is on an uptrend and there is unusual option activity. This is more of a trend/speculative trade than an income trade.