Four Calls to Rebuild Houston: The companies below are all experts at working with federal agencies on infrastructure projects. Please note most of the options below are fairly illiquid. You may choose to average into your position over a few days to get the best price and always place your bid between the bid and ask, which can be quite wide.

Buy to open the November 17, 2017, call on Summit Materials(SUM) with a strike price of $30 at $.70 or lower. Symbol (SUM171117C30)

Buy to open the November 17, 2017, call on Eagle Materials (EXP) with a strike price of $92.5 at $4.10 or lower. Symbol (EXP171117C92.5)

Buy to open the December 15, 2017, call on Granite Construction (GVA) with a strike price of $55 at $2.50 or lower. Symbol (GVA171215C55)

Buy to open the November 17, 2017, call on Vulcan Materials (VMC) with a strike price of $125 at $2.50 or lower. Symbol (VMC171117C125)

Trade Rationale: It will be weeks before the full scale of destruction unleashed by Hurricane Harvey can be assessed. While the net economic impact will be negative as supply shocks and loss of resources, there will be a redistribution of demand toward infrastructure specialists.

These four calls focus on infrastructure builders with expertise in Federal contracts. All are expecting significant earnings growth without any hurricane induced demand. I do not expect new orders to surface before these companies next earnings date but believe the market will bid them up in anticipation of a long and expensive period of rebuilding roads, bridges and buildings.

The most devastating loss of course, is that of human life and the loss of homes and irreplaceable keepsakes. This trade is not meant to be callous in any way but recognizes the market continues to march forward while life pauses for many citizens. My very best to the people of Houston.