These are the chords to the REAL Pants Optional (www.pantsoptionalmusic.com) This song, Watch Out!, is track one off their first CD.

Intro:
Eb Eb Bb Cm
Eb Eb Bb Cm
Ab Ab Gm
Ab Ab Bb Ab

Verse:
Eb Bb Cm Cm Bb

Pre Chorus:
Eb Bb Cm

Chorus:
Fm Ab Eb Bb
Fm Ab Eb Eb Bb
Fm Ab Eb Bb
Fm Ab
(back to intro)

Bridge:
Cm Bb Ab Ab Gm Ab Gm
Cm Bb Ab Ab Gm Ab Gm
Cm Bb Ab Gm
F
Ab
F
G
C G Am Am G
C G Am Am G

Instrumental Jam:
C G Am Em F

I think that's pretty much it! Happy rocking!