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On CNBC's "Options Action," Bonawyn Eison said that calls outpaced puts in Halliburton Company HAL by about two to one on Thursday, but the open interest was evenly distributed. The options market is implying a 12.5% move in either direction between now and October.
Eison noticed one notable trade during the session. He said that 5,000 contracts of the October $14 calls were sold to close for $1.40. The trader took profits in the name as she or he sees the stock below $14.40 at the October expiration.
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