Precision Drilling ( PDS - Get Report) December $22.50 (PDSLX) -- 30 contracts.
Methanex ( MEOH - Get Report) October $20 (QPNJD) -- 40 contracts.
Massey Energy October $20 (MEEJD) -- 30 contracts. These buys will give me a much lower cost basis in these positions, and they will be in much better scoring position -- literally. Now, let's move on to today's play. Eastman Chemical ( EMN - Get Report) has developed into a major producer of chemicals, fibers and plastics. Among Eastman's operating segments are its CASPI (coatings, adhesives, specialty polymers and inks), specialty plastics (engineering polymers) and fibers (acetate tow and textile fibers) units. Its performance polymers segment is the No. 1 maker of polyethylene terephthalate (PET), a plastic used to make packaging for soft drinks, food and water. The last segment manufactures performance chemicals and intermediates. Eastman's products go into such items as food and medical packaging, films and toothbrushes. Eastman Chemical is also the proud owner of a solid balance sheet. The company has a forward