Transocean Inc. (RIG) opened at 116.41. So far today, the stock has hit a low of 113.00 and a high of 118.17. RIG is now trading at 117.44, up 2.79 (2.43%). The stock hit its 52 week high of 131.00 in November and set its 52 week low of 71.28 in November. RIG has been generally up for the past year. Shares of energy producers have been rising today helped by higher crude oil prices that climbed above $95 a barrel on concerns about global crude supplies. Technical indicators for the stock are bullish and steady while S&P gives RIG a positive 4 STARS (out of 5) buy rating. If you’re looking for a hedged trade on this stock, consider a January bull-put credit spread below the $95 level. RIG stock could fall up to 19.1% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]