|Day Low/High||17.73 / 18.05|
|52 Wk Low/High||16.14 / 27.21|
- Awarded two technology contracts for a petrochemical complex in Indonesia
- McDermott and consortium partner Baker Hughes, a GE company (BHGE), awarded phase two of the Shwe gas field development, offshore Western Myanmar
- McDermott has been awarded a transportation and installation subcontract by PTSC Offshore Service Joint Stock Company for the Sao Vang and Dai Nguyet gas and condensate field developments in Vietnam
Investors in McDermott International Inc saw new options begin trading today, for the June 15th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MDR options chain for the new June 15th contracts and identified one put and one call contract of particular interest.
Companies Announce Dates of Special Meetings of Shareholders
President Donald Trump is expected to discuss a $1.5 trillion infrastructure improvement plan during his State of the Union address.
Investors in McDermott International Inc saw new options begin trading today, for the August 2018 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
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