Continental Resources CEO buys 41,000 shares

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Bobby Raines 12/13/2013

Harold Hamm, the chairman and CEO of Continental Resources ( CLR ) , bought 41,000 shares of the company's common stock on Dec. 11. At $102.20 per share, Hamm paid a total of $4,190,081.

IK-> The technicals for CLR ($103.34 down 0.44) are bullish with an wpward trend. Recent support has been around $100.26 and recent resistance has been around $105.35. Standard & Poor's does not follow the stock. Look at the Jan. 85/90 bull-put spread for a 35-cent credit. That's a 7.53% return and the stock has to fall 12.9% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: CLR

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