Option Investor
Watch List
HAVING TROUBLE PRINTING?
Printer friendly version

Dropped Watch List Entries


None


New Watch List Entries


IO - ION Geophysical

HK - Petrohawk Energy

XCO - EXCO Resources

DRQ - Dril-Quip

MOS - Mosaic

HLX - Helix Energy Solutions

ENER - Energy Conversion Devices

DWSN - Dawson Geophysical

BUCY - Bucyrus International


Current Watch List


IO - ION Geophysical

Company Info:

ION Geophysical Corporation (ION), formerly Input/Output, Inc., is a technology-focused seismic solutions company that provides acquisition equipment, software, and planning and seismic processing and interpretation services to the global energy industry. Its products, technologies and services are used by oil and gas exploration and production (E&P) companies and seismic acquisition contractors to generate high-resolution images of the subsurface during exploration, exploitation, and production operations. The Company’s products and services include land and marine seismic data acquisition equipment, navigation and data management software products, survey design planning services, seismic data processing services and seismic data libraries. ION operates through four business segments. Three of these segments, Land Imaging Systems, Marine Imaging Systems and Data Management Solutions, make up its ION Systems division. The fourth segment is the Company’s ION Solutions division.

Breakdown trigger: $5.50
Breakout trigger: $7.00

BUY 2010 $7.50 LEAP Call LAC-AU currently $1.95


HK - Petrohawk Energy

Petrohawk has already broken over its October highs. I would like to catch this one on a pullback.

Company Info:

Petrohawk Energy Corporation (Petrohawk) is an independent oil and natural gas company engaged in the acquisition, development, production and exploration of oil and natural gas properties located onshore in North America. The Company’s properties are primarily located in the Mid-Continent region, including North Louisiana, the Fayetteville Shale in the Arkoma basin of Arkansas and in the Western region, including the Permian Basin of West Texas and southeastern New Mexico. At December 31, 2007, the Company’s estimated total proved oil and natural gas reserves were approximately 1,062 billion cubic feet of natural gas equivalent, consisting of 18 million barrels of oil, and 955 billion cubic feet of natural gas and natural gas liquids.

Breakdown trigger: $16

BUY MARCH $20 Call HK-CD
(no leaps)


XCO - EXCO Resources

Company Info:

EXCO Resources, Inc. (EXCO) is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. The Company’s operations are focused in key North American oil and natural gas areas, including East Texas/North Louisiana, Appalachia, Mid-Continent and Permian. As of December 31, 2007, EXCO’s proved reserves were approximately 1.9 trillion cubic feet equivalents (Tcfe), of which 93.3% were natural gas and 70.8% were proved developed reserves. During the year ended December 31, 2007, EXCO produced 121.3 billions of cubic feet equivalent (Bcfe) of oil and natural gas. On March 30, 2007, EXCO completed the acquisition of oil and natural gas properties, acreage and other assets in the Vernon and Ansley fields in North Louisiana from Anadarko Petroleum Corporation and Anadarko Gathering Company.

Breakout trigger: $11
Breakdown trigger: $7

BUY JUN $12.50 Call XCO-FV


DRQ - Dril-Quip

Company Info:

Dril-Quip, Inc. (Dril-Quip) designs, manufactures, sells and services engineered offshore drilling and production equipment that is suited for use in deepwater, harsh environment and severe service applications. The Company’s principal products consist of subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, wellhead connectors and diverters. Dril-Quip also provides installation and reconditioning services and rents running tools for use in connection with the installation and retrieval of its products. The Company manufactures its products at its facilities located in Houston, Texas; Aberdeen, Scotland; Singapore and Macae, Brazil. The Company maintains additional facilities for fabrication and/or reconditioning in Norway, Denmark, and Australia.

Breakdown trigger: $22

BUY JUN $30 Call DRQ-FF


MOS - Mosaic

I am going to keep running this play until we get it right. We were stopped out two weeks ago only to see it rally $15 the next 4 days. This time I am moving the strike out farther and giving us a wider stop. Once we get an entry I am hoping for a long run. People still need to eat and we are adding 150 million new mouths every year.

Company Info:

The Mosaic Company (Mosaic) is a producer of phosphate and potash crop nutrients for the agricultural industry. The Company operates its business through three business segments: phosphates, potash and offshore. The Phosphates segment produce phosphate fertilizer and feed phosphate which are used in crop nutrients and animal feed ingredients, respectively. The principal inputs used in crop nutrients production are phosphate rock, sulfur and ammonia. The Potash segment mines ad processes potash in Canada and the United States and sells potash in North America and internationally. The Offshore segment produces and markets fertilizer products and provides other ancillary services to wholesalers, cooperatives, independent retailers, and farmers in South America and the Asia-Pacific regions. As of May 31, 2008, Cargill, Incorporated owned approximately 64.4% of the Company’s interest. As of May 31, 2008, the Company had a 50% interest in Saskferco Products Inc

Breakdown trigger: $35

BUY 2010 $50 LEAP Call LXW-AJ

Breakout trigger: $46

BUY 2010 $60 LEAP Call LXW-AL


HLX - Helix Energy Solutions

Company Info:

Helix Energy Solutions Group, Inc. (Helix) is an international offshore energy company providing reservoir development solutions and other contracting services to the energy market, as well as to other oil and gas properties. Helix operates in the Gulf of Mexico, North Sea, Asia Pacific and Middle East regions. The Contracting Services segment utilizes the vessels and offshore equipment that when applied with the methodologies reduce finding and development (F&D) costs. The Oil and Gas segment is engaged in prospect generation, exploration, development and production activities. On December 11, 2007, the Company’s wholly owned subsidiary Cal Dive (CDI) completed the acquisition of Horizon Offshore, Inc. (Horizon). In July 2007, the Company acquired the remaining 42% interest in Well Ops SEA Pty Ltd. On September 30, 2007, Helix 30% working interest in the Phoenix oilfield, the Boris oilfield and the Little Burn oilfield to Sojitz GOM Deepwater, Inc. (Sojitz).

Breakdown trigger: $8.50

BUY 2010 $10 LEAP Call WAI-AB

Breakout trigger: $13.00

BUY 2010 $20 LEAP Call WAI-AD


ENER - Energy Conversion Devices

Company Info:

Energy Conversion Devices, Inc. (ECD) commercializes materials, products and production processes for the alternative energy generation, energy storage and information technology markets. The Company designs, manufactures and sells photovoltaic (PV) products, known as PV or solar laminates that generate renewable energy by converting sunlight into electricity. Solar laminate sales represent more than 90% of the Company’s revenues. It also receive fees and royalties from licensees of its nickel metal hydride (NiMH) battery technology and sell high-performance nickel hydroxide used in NiMH batteries. It has two principal joint ventures that are commercializing technologies invented by ECD: Cobasys LLC, which manufactures and sells rechargeable NiMH batteries, and Ovonyx, Inc., which is commercializing phase-change memory devices through licensing and joint development agreements. The Company operates its business in two segments: United Solar Ovonic and Ovonic Materials.

Breakdown trigger: $30

BUY 2010 $50 LEAP Call KYU-AJ


DWSN - Dawson Geophysical

Company Info:

Dawson Geophysical Company is a provider of onshore seismic data acquisition services in United States. The Company acquires and processes two-dimensional (2-D), three-dimensional (3-D) and multi-component seismic data for its clients, ranging from major oil and gas companies to independent oil and gas operators, as well as, providers of multi-client data libraries. Its clients rely on seismic data to identify areas where subsurface conditions are favorable for the accumulation of hydrocarbons and to optimize the development and production of hydrocarbon reservoirs. During the fiscal year ended September 30, 2007 (fiscal 2007), all of its revenues were derived from 3-D seismic data acquisition operations. As of September 30, 2007, it operated 15 3-D seismic data acquisition crews in the lower 48 states of the United States and a seismic data processing center.

Caution: Don't buy these strikes if the bid/ask spread is more than $1.50. I am seeing some really wide spreads but it could be just after hours positioning.

Breakdown trigger: $22.50

BUY MAR $30 Call DVQ-CF

Breakout trigger: $28.00

BUY MAR $35 Call DVQ-CG


BUCY - Bucyrus International

Coal mining is only going to increase as will the need for equipment.

Company Info:

Bucyrus International, Inc. designs, manufactures mining equipment for the extraction of coal, copper, oil sands, iron ore and other minerals in mining centers throughout the world. In addition to the manufacture of original equipment, the Company also provides the aftermarket replacement parts and service for equipment. The Company operates in two business segments: surface mining and underground mining. The Company’s manufacturing facilities include Australia, China, Germany, Poland and the United States, and service and sales centers include Australia, Brazil, Canada, Chile, China, England, India, Mexico, Peru, Russia, South Africa and the United States. The Company’s surface mining equipment includes draglines, electric mining shovels and rotary blasthole drills. In May 2007, the Company completed the acquisition of DBT GmbH, a subsidiary of RAG Coal International AG.

Breakdown trigger: $22

BUY 2010 $30 LEAP Call YHB-AF

Breakout trigger: $28.50

BUY 2010 $40 LEAP Call YHB-AH


Leaps Trader Watch List Archives