If Halliburton holds its value with oil this far in the crapper, it is an even stronger company than previously thought. Halliburton has been around since 1919, so 101-years of resiliency will be put to the test until crude prices at least climb 40 /bar again. Logic dictates that HAL, LBRT , and all the actual oil giants ( BP , Shell, etc) take a royal tumble throughout the remainder of September, even.
That is to say, this trader scheduled a PUT for $HAL with a break-even at just under 14/s. The risk is high with $HAL having shown so much strength since its position was first entered at 5.11/share, but rather than "only wait" for the re-entrance point it made sense to place a put on Halliburton accordingly. As far as advice, none given: If you think it's a clever and good move, more power to you and your account.
May the odds be forever in your favor!