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Stocks T / Transocean Offshore Inc.

URL:  http://boards.fool.com/i-hope-you-are-both-right-ive-been-a-fairly-28853784.aspx

Subject:  Re: New RIG investor - aiming for $100/share Date:  10/29/2010  5:13 AM
Author:  PaddingFool Number:  1138 of 1155

I hope you are both right!
I've been a fairly longterm investor in RIG but I sold everything last year. Following the disaster I couldn't help but buy back in. I've now got a long-term LEAP call option at $55 that epires in Jan 2012.

The time value of the option is quite significant so I will look to sell it before that portion degrades too much. However it's nice to see it in the money now.
Hopefully as time pro