Airline stocks are taking a nose dive today due to fears the weak economy will reduce travel demands and hit fares over the coming months. AMR Corp. (AMR), the parent company of American Airlines, is the worst performer with its stock trading 17% lower today and currently sitting at a two year low.

Bullish Option Activity Alert: MDR

by Patrick (Rick) Mortimer | Oct 3, 2011 | Unusual Activity

Worldwide energy services company McDermott International, Inc. (MDR) sees its shares set a new 52 week low of $10.45 this morning and it looks like some option investors are using the recent drop in share price to open a Bullish two month position.

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