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LOL!
Nnnnnnnow!
Here's a list for you...and me ;)
ENTG
DAKT
RKUS
OUTR
WWE
Not sure if you know them or not but I'm VERY interested to know what you think of these...
I wonder how the trading action will be as weeklys expire...perhaps next week and into Feb is the time to get exps
Mornin!
haha! Das True
My goodness, you're here too!?!? LOL
So much better to listen to though than Yellen lol
SOROS just said Trump is doing the work of ISIS
WoW
Added some $21 SWHC calls today to my $25s in March and just one ISRG $645 lotto call
Good luck bro!
Who knows...If I was holding shares under $500 I may have bought $475 puts as a hedge rather than outright sell
In a $645c lotto @ $0.46 LOL
SWHC Feb 19 $21c @ $0.90
Very nice!
I know...check out AMBA's day range $34.60 - $40.54
10 oil companies that will thrive as crude prices rebound
10:48 AM ET 1/20/16 | MarketWatch
By Philip van Doorn, MarketWatch
Companies with low debt, such as National Oilwell Varco, will be able to scoop up rivals and grab market share
If you ignore the daily headlines about the beleaguered energy sector, invest in companies with low debt and wait for the inevitable rebound in oil prices, you could eventually make a lot of money.
Oil news has been grim, as analysts rush to lower their crude-price predictions week in and week out. Wolfe Research, in a shocking report, is expecting as many as a third of U.S. oil and natural gas producers to go bankrupt (http://www.marketwatch.com/story/plunging-prices-could-force-a-third-of-us-oil-firms-into-bankruptcy-2016-01-11).
Read:Saudis making a 'trillion-dollar mistake,' says U.S. oil billionaire (http://www.marketwatch.com/story/saudis-making-a-trillion-dollar-mistake-says-us-oil-billionaire-2016-01-12)
Oil has already hit its lowest level in more than 12 years (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjK2P_dy6TKAhWKdz4KHSCpAiAQqQIIHTAA&url=http%3A%2F%2Fwww.marketwatch.com%2Fstory%2Foil-prices-under-fresh-pressure-as-china-continues-to-spook-the-market-2016-01-11&usg=AFQjCNEFT-BiPz88353XHBSPPjnW3R_Qsw&sig2=2tB4oGGlG4I9D3R2p4WIhg&bvm=bv.111396085,d.cWw), and the drop over the past 18 months has been breathtaking. Investment banks expect crude oil prices to head well below $30 (http://www.marketwatch.com/story/plunging-prices-could-force-a-third-of-us-oil-firms-into-bankruptcy-2016-01-11). As recently as July 2014, prices topped $100 a barrel.
In an interview Friday, Bill Mann, chief investment officer of Motley Fool Asset Management, (http://www.marketwatch.com/story/say-no-to-china-stocks-but-yes-to-other-emerging-markets-2016-01-12)gave an example of an oilfield services and equipment company that's well-positioned to take advantage of the turmoil in the energy and materials industries, and bounce back beautifully when oil prices recover.
"In the materials sector and oil services, there are companies that have been thrown out with the bath water, including National Oilwell Varco (NOV)," Mann said. He called the company "spectacular," with a "very conservative capital structure in a disaster of a market right now."
"The last 18 months have been the worst in history for the price of Brent crude oil , and those things tend to reverse in time," he said.
National Oilwell Varco's ratio of long-term debt to equity was 15.3% as of Sept. 30, according to FactSet. That's the lowest among the six companies in the oilfield services/equipment subesctor of the S&P 500 , according to FactSet.
Having low debt (http://www.marketwatch.com/story/oil-prices-under-fresh-pressure-as-china-continues-to-spook-the-market-2016-01-11)is crucial for companies that wish to scoop up competitors or assets during a wave of bankruptcies.
Here's how National Oilwell Varco's year-end debt-to-equity ratio compared with the five other companies included in the S&P 500 oilfield services/equipment subsector:
Company Ticker Long-term debt/ equity - Sept. 30 Average return on equity - five years through September 2015 Total return - 5 years through Jan. 8
National Oilwell Varco Inc. US:BHI US:NOV 15.3% 10.4% -44%
Baker Hughes Inc. US:BHI 22.2% 6.1% -22%
Schlumberger NV US:SLB 35.2% 12.9% -13%
Halliburton Co. US:HAL 48.3% 13.0% -10%
Cameron International Corp. US:CAM 67.7% 8.7% 23%
FMC Technologies Inc. US:FTI 71.6% 17.7% -40%
Source: FactSet
To be sure, a relatively high level of debt doesn't mean a company has been a poor long-term performer, as you can see from the five-year average returns on equity and total return figures above. The idea is that a company with low debt can take advantage of the unusual market turmoil.
Read:Barclays is now the most bearish on oil outlook (http://www.marketwatch.com/story/barclays-just-came-up-with-an-even-more-bearish-oil-outlook-2016-01-12)
When discussing market conditions and strategy during the company's third-quarter conference call in October, National Oilwell Varco CEO Clay Williams emphasized the company's cost-cutting efforts, as well as the opportunity for expansion ahead of the oil-price recovery that eventually "will come."
It has been difficult for the company to find bargain acquisition targets, and Williams said the company remained "patient and disciplined in these discussions."
"As we move into 2016, we believe sellers are likely to reduce their expectations and better capital returns on M&A will follow. Consequently, our capital deployment strategy is shifting from share buybacks to an external focus on potential acquisitions," he said.
The company made four small acquisitions during the third quarter.
If we expand the comparison to the 67 companies in the S&P 500 energy and materials sectors, National Oilwell Varco had the second-lowest debt-to-equity ratio, with Helmerich & Payne Inc. (HP) the lowest at 10.9%.
Here are the 10 S&P 500 energy and materials companies with the lowest debt-to-equity ratios as of Sept. 30, according to FactSet:
Company Ticker Industry Long-term debt/ equity - Sept. 30 Average return on equity - five years through September 2015 Total return - 5 years through Jan. 8
Helmerich & Payne Inc. US:HP Contract Drilling 10.9% 14.7% 8%
National Oilwell Varco Inc. US:NOV Oilfield Services/ Equipment 15.3% 11.4% -44%
Exxon Mobil Corp. US:XOM Integrated Oil 16.7% 22.3% 13%
Chevron Inc. US:CVX Integrated Oil 17.9% 17.0% 7%
Occidental Petroleum Corp. US:OXY Oil and Gas Production 19.6% 10.2% -21%
Baker Hughes Inc. US:BHI Oilfield Services/ Equipment 22.2% 7.5% -22%
Hess Corp. US:HES Oil and Gas Production 27.0% 9.7% -42%
Marathon Oil Corp. US:MRO Oil and Gas Production 30.4% 7.3% -50%
Valero Energy Corp. US:VLO Oil Refining/ Marketing 30.9% 14.2% 248%
Pioneer Natural Resources Co. US:PXD Oil and Gas Production 31.1% 3.9% 32%
Source: FactSet
Among the 67 S&P 500 companies in the energy and materials sectors, 18 had debt-to-equity ratios of over 100% as of Sept. 30. With oil and gas revenues plunging, while interest rates are expected to rise in the U.S. during 2016, the timing of that high leverage couldn't be worse. And those 18 are all large-cap companies. Among smaller players, there will be plenty of bankruptcies, which means plenty of distressed assets for survivors with lower leverage to acquire.
In his daily energy report on Tuesday, Phil Flynn of Price Futures Group said: "Many shale producers have lost more than 90% of their market value and many can't survive this meltdown. I would expect four or five bankruptcies to be announced in the coming days."
It's interesting, and comforting, to see integrated giants Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) on the list. The low level of leverage underlines how conservative the companies' management teams are. And when oil rises again, as it always has following a major downturn, the big low-leverage players are likely to do what they have always done, which is ride the wave back up.
Keep in mind that oil is a long-term investment. On Tuesday, Credit Suisse analyst Jason Gammel called the short-term outlook for oil "bleak." But he expects the price of Brent crude oil to rise to $57.75 a barrel in 2017 and $71.75 in 2018. So the price of oil could double within two years.
Which other industries could benefit from the price of their products or services rising that fast?
-Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com
> Dow Jones Newswires
January 20, 2016 10:48 ET (15:48 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
VLO seems to not care about OIL price
How did your NFLX puts get crushed??????
Picked up 5 SPY $181.50 puts @ $0.50
Sold it for $7.52...go figure :)
Sold it for $7.52 :D
I managed to grab one $106 put for $5.40 yesterday :D
The only place I traded and banked :)
And as usual when I sell for $0.89 and $1.00 respectively the market drop accelerates
$TWTR $16.58!!! $17.50 puts in @ $0.44 asking $1.17
Heard TWTR had outages all over the place today so I bought Jan 22 $17.50 puts on TWTR for $0.44...doing well so far...sold one for $0.89
TWTR $16.88!!
Lotto $70 NFLX puts @ $0.05...just a little
Pretty much doubled my gains on my TWTR puts...let's see if it can fall to $16.75
TWTR new lows!
Nice! I did the same on my TWTR $17.50 puts when it hit $17.68
In TWTR $17.50 Jan 22 puts @ $0.44
NFLX $91.42
agree... and I think 1850 SPX is around the corner
Oh wow..when you put it like that I see what ya mean
Moves with market...that's all. Learn to trade i.e. when to buy and sell calls, when to buy and sell puts, and when to load the boat and you won't be calling for the end of the world...you'll be on top of it!
Whoa 1550 that's some Grizzly Bear talk right there
Took less of a loss today on my last AAL call...stuck it out until 2pm riding the relief rally but lesson learned.
Great call on that play, I should have been more alert and decisive yesterday.
In OPK Mar 18 $10c @ $0.32