Continental Resources CEO buys 41,000 shares

By Bobby Raines,

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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 Nasdaq, Inc.

Originally published on

This article appears in: Investing Options
Referenced Stocks: CLR

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