I went long today for a whole bunch on the following options play.
TDW April 55 calls, in for 3.80.
TDW has a fleet of 520 vessels that provide services to the offshore energy industry. TDW will test its 52-week high of $62.88 (from early May 2006),That should come in the next 3-4 months.
For the quarter ending September 30, TDW saw earnings grow more than 26% and revenue grow more than 34% year over year.:)