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Post# of 173848
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southacresdave

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southacresdave

Re: John Bates post# 69096

Monday, 04/02/2007 4:11:28 PM

Monday, April 02, 2007 4:11:28 PM

Post# of 173848
Niles...SLB & options play...SLB reports on April 20th (options expiration day). It (or OIH or another oil service stock that reacts to SLB news) may be a interesting play to buy slightly out of the money options on Thursday with the idea of a pop Friday morning (assuming that SLB give good numbers and good guidance, which is possible given today's announcement). Every now and then you get one of these companies where serious money is made on options on the last day. This could be one that's setting itself up. Something to just tuck away and be aware of.

Dave
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