Monday, November 16, 2009

JCP

JCP (31.21) J C Penney, I like the 12/31 call at 1.35 or less. reported disappointing 3rd qtr results on Friday so should drop at open. Bull Continuation Wedge, stochastics cross, macd rising, below 50 day ma and doji candle. target = 38

Friday, November 13, 2009

STR

STR (42.04) Questar Corp, I like the 12/45 call around .70, Bull flag pattern with target of 50.

Thursday, November 12, 2009

IOC

IOC (49) Interoil Corp, I like the 12/50 (B) and the 12/55 (S) call spread at 1.50 or less. Symetrical continuation triangle pattern, macd rising, stochastics cross. Target is 55.

Wednesday, November 11, 2009

BJ

BJ (36.18) Bull continuation wedge chart pattern. Macd cross, stochastics cross and ma cross. reports 3rd quarter results on 11/18. like the 12/35 call for 2.10 or less.

Monday, November 9, 2009

SWY

SWY (22.84) I like the 12/22.50 call at .95 or less. Safeway has a bull pennant chart formation, rising macd and stochastics cross. Target is 25.

Thursday, November 5, 2009

GD, SLB

GD (63.85) I like the 12/65 call at 1.85 or less. ema cross, stochastics cross, macd turning up and trend is up and should continue up after this correction.

SLB (64.30) I like the 12/65 (B) and the 12/70 (S) call spread at 1.80 or less. ema cross, stochastics cross, macd turning up and bull flag on 11/3.

Wednesday, November 4, 2009

FDX, ANF

FDX (74.83) - I like the 12/75 (B) and the 12/80 (S) call spread at around 1.90. Want stock to hit 75 first though. ema cross, sto cross and macd turning up.

ANF (33.60) - I like the 12/35 call at around 1.70. ema cross, sto cross and macd turning up. Want stock to hit 34 first though.