Diamond Offshore Drilling (DO) Earnings Preview
Posted: Wednesday, February 03, 2010 1:43 PM EDT
By: Market Intelligence Center Staff
Diamond Offshore Drilling (NYSE: DO) opened at $95.92. So far today, the stock has hit a low of $95.18 and a high of $96.90. DO is now trading at $95.73, down $0.63 (-0.65%). The stock hit its 52-Week high of $108.78 in October and set its 52-Week low of $53.30 in March. Diamond Offshore is going to be reporting its fourth quarter numbers tomorrow. Analysts are looking to see the company post earnings of Technical indicators for the stock are bullish and S&P gives DO a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DO the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 70 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Diamond Offshore Drilling (DO) Stock ReportSee what our analysts have uncovered about Diamond Offshore Drilling (DO).