Aetna, Cigna — Shorting Spread Volatility

Here's a quick snapshot of a trade I'm currently in.  Short Aetna (

), long Cigna (

). Aetna gapped up on Feb 4 after they reported positive earnings and 2011 outlook.  Both stocks have now reported earnings but the difference is that Aetna is now extremely overbought relative to Cigna.  Both companies have excellent . . . → Read More: Aetna, Cigna — Shorting Spread Volatility

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