Re: option question SLB stock

Which competition do you like here? ( Must have options )
Which would be considered mid caps?

I owned schlum years ago but not in this century. prices have fallen
.... but could fall more. I do like the sector long term.








On Sun, 14 Jan 2007 20:30:36 GMT, Carolyn
<momarch27959@xxxxxxxxxxxxxxxxxxxxxxxxxxx> wrote:
SLB had excellent vol friday w/a close up. You think it'll hit $60 by
next friday option expiry day. You dont own the stock.

So you sell the $60 puts (right now 2.60)
Buy the $55 puts (right now .30)

is this the best way to play and minimize risk?

What are better plays?
carolyn
.