SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?


To: Henry D who wrote (1583)4/28/1999 10:14:00 AM
From: architect*  Read Replies (1) | Respond to of 2341
 
been thinking about adding some call options in oil patch service companies/drillers for quite some time, thought i would add a few options when the November highs were taken out,
time to start shopping?

Jan 2000 20's on SDC Sante Fe look good to me,

also looking at RIG Transocean and maybe FLC R & B Drilling haven't looked at SLB,

with good balance sheets and oil prices rising, eventually some profits from the high flyers will end up in the oil patch,
oil prices fundamentals are too complex for me short term so I'm looking long term,

many are still lagging below the November 1999 highs