Editor's Note:

Overall it was a pretty quiet week for stocks. We did see CAT and QCOM make the jump from our watch list.

We did close our KO trade on Thursday as planned. We also closed our VLO 2013 calls on Tuesday to lock in gains.


Closed Plays


KO was closed as planned.


Play Updates


Abbott Labs - ABT - close: 66.11

Comments:
08/11/12 update: After peaking in early August ABT's profit taking appears to have slowed down. Shares have been hovering near $66.00. Friday's bounce actually looks short-term bullish but I would not buy calls here. If the market corrects lower, look for support near $64.00 and the 50-dma. I am not suggesting new positions at this time.

Earlier Comments:
Before we continue I want to warn you that trading the drug makers or biotech stocks has an industry-specific danger. You never know when an FDA approval might get denied or delayed. Or some clinical trial data might disappoint. Headlines like these can send a stock gapping down. On the other hand positive news could send it soaring.

- Suggested Positions -
JUL 02, 2012 - entry price on ABT @ 64.22, option @ 1.91
symbol: ABT1319A65 2013 JAN $65 call - current bid/ask $ 2.90/ 2.94

- or -

JUL 02, 2012 - entry price on ABT @ 64.22, option @ 4.28
symbol: ABT1418A65 2014 JAN $65 call - current bid/ask $ 5.05/ 5.20

07/14/12 ABT is due to report earnings on July 18th
07/02/12 ABT opened at $64.22
06/29/12 ABT closed @ 64.47. Plan was to wait for a close over $63.50 and buy calls the next day. We will open positions on Monday, July 2nd.

Current Target:$74.00
Current Stop loss: 59.40
Play Entered on: 07/02/12
Originally listed on the Watch List: 06/23/12


American Intl. Group - AIG - close: 32.60

Comments:
08/11/12 update: AIG continues to drift higher. Yet it doesn't look like it has completely broken away from the $30.00-32.50 area. Shares do look bullish on the weekly chart - if it can close over the $33 level.

Earlier Comments:
Our plan was to keep our initial position size small to limit our risk.

- Suggested Positions - (small positions @ first)
May 18, 2012 - entry price on AIG @ 28.25, option @ 3.40
symbol: AIG1319A30 2013 JAN $30 call - current bid/ask $ 4.25/ 4.35

- or -

May 18, 2012 - entry price on AIG @ 28.25, option @ 4.20
symbol: AIG1418A35 2014 JAN $35 call - current bid/ask $ 4.70/ 4.90

06/16/12 new stop loss @ 26.95
05/18/12 triggered at $28.25
05/05/12 The U.S. government is planning to sell 164 million shares at $30.50 and AIG will probably gap down on this news.
Move the trigger down to $28.25, and move the stop loss to $25.75.
04/28/12 adjust buy-the-dip trigger to $30.00 and stop to $27.40

Current Target:$ 39.00
Current Stop loss: 26.95
Play Entered on: 05/18/12
Originally listed on the Watch List: 04/07/12


Apache Corp. - APA - close: 87.86

Comments:
08/11/12 update: APA seems to be struggling with technical resistance near its 100-dma. The action on Wednesday and Thursday actually looks like a very short-term bearish double top. I would not be surprised to see a dip back toward $85 and its 50-dma. I am not suggesting new positions.

- Suggested Positions -
Jun 18, 2012 - entry price on APA @ 87.10, option @ 3.45
symbol: APA1319A100 2013 JAN $100 call - current bid/ask $ 1.82/ 1.88

- or -

Jun 18, 2012 - entry price on APA @ 87.10, option @ 6.43
symbol: APA1418A100 2014 JAN $110 call - current bid/ask $ 4.35/ 4.50

Current Target: $109.00
Current Stop loss: 79.75
Play Entered on: 06/18/12
Originally listed in the New Plays 06/16/12


Bank of America - BAC - close: 7.74

Comments:
08/11/12 update: BAC spent most of the week consolidating sideways inside the $7.60-7.80 zone. I am still concerned that the $8.00 level and the $8.20 level could be tough overhead resistance.

I am not suggesting new positions at this time.

Earlier Comments:
Currently we do not have a specific exit target. The plan has been to exit in the $12.00-15.00 zone.

- Suggested Positions -

AUG 29, 2011 - entry price on BAC @ 8.10, option @ 1.50
symbol: BAC1319A10 2013 JAN $10 call - current bid/ask $ 0.15/ 0.16
(No stop loss on this position)

(2nd Position, bought the dip at $5.15)

NOV 23, 2011 - entry price on BAC @ 5.15, option @ 0.35
symbol: BAC1319A10 2013 JAN $10 call - current bid/ask $ 0.15/ 0.16
(no stop loss on this position)

07/21/12 BAC reported earnings this past week and investors have decided to sell the news. The stock looks vulnerable here and readers may want to exit early!
05/19/12 BAC has pulled back to the 61.8% retracement
03/17/12 BAC has broken out from its multi-week trading range. Broken resistance near $8.30 should be new support.
...look for earlier comments in prior updates...

Current Target: $12.00-to-$15.00
Current Stop loss: see details above
Play Entered on: 08/29/11
Originally listed in the New Plays 08/27/11


Caterpillar Inc. - CAT - close: 88.94

Comments:
08/11/12 update: CAT was a watch list candidate. Our plan was to wait for shares to close over $87.50 and then launch positions the next day. Well shares continued to climb this past week and closed at $88.40 on Thursday. Our trade opened on Friday morning at $88.26. I would still consider new positions now but more conservative traders might want to consider waiting for a new bounce off the rising 10-dma instead.

Our long-term target is the $110-115 zone (although we'll exit the 2013 calls before CAT hits our final target).

- Suggested (small) Positions -
Aug 10, 2012 - entry price on CAT @ 88.26, option @ 3.81
symbol: CAT1319A95 2013 JAN $95 CALL - current bid/ask $ 3.85/ 3.95

- or -

Aug 10, 2012 - entry price on CAT @ 88.26, option @ 7.90
symbol: CAT1418A100 2013 JAN $100 CALL - current bid/ask $ 8.00/ 8.20

08/10/12 trade opened on Friday morning @ $88.26
08/09/12 CAT closed above our trigger (which was 87.50)
08/06/12 adjust entry trigger to a close over $87.50
07/21/12 adjusted entry point to wait for a close over $88.00, stop loss 79.90

Chart of CAT:

Current Target: $110.00-115.00
Current Stop loss: 79.90
Play Entered on: 08/10/12
Originally listed on the Watch List: 07/07/12


CH Robinson Worldwide - CHRW - close: 54.23

This is a bearish PUT option trade.

Comments:
08/11/12 update: The stock market is up five weeks in a row so CHRW continues to underperform. Yet shares did show some strength on Friday. The stock has been trying to breakout past resistance near $54.00 lately. I suspect shares are trying to fill the gap down. That means we should expect a rebound back to the $55.50-56.00 area before CHRW hits resistance again.

Meanwhile in the news on Friday afternoon CHRW management announced a 33-cent cash dividend payable on October 1st this year. They also raised their stock buyback program up to an additional 10 million shares. Their current program had less than 2.5 million shares allowed.

I am not suggesting new positions at this time.

Our multi-month target is a drop to $50.50. We want to keep our position size small to limit our risk.

- Suggested (small) Positions -
May 07, 2012 - entry price on CHRW @ 60.61, option @ 3.00
symbol:CHRW1319M55 2013 JAN $55 PUT - current bid/ask $ 4.00/ 4.30

07/28/12 lowering the stop loss to $60.75.
07/14/12 raising the risk on this trade by adjusting the stop loss to $63.25.
06/02/12 new stop loss @ 62.25

Current Target: $50.50
Current Stop loss: 60.75
Play Entered on: 05/07/12
Originally listed in the New Plays 05/05/12


CVS Caremark Corp. - CVS - close: 44.95

Comments:
08/11/12 update: I am concerned about the lack of action in CVS. The stock has been chopping sideways for three weeks in a row. Yet the market has been rising. Shares were upgraded this past week but it had little impact on the stock. Readers will want to seriously consider an early exit now. I'm willing to give CVS another week or two. If it doesn't show some improvement we'll drop it.

I am not suggesting new positions at this time.

Our long-term target is $57.50 for the 2014 calls.

- Suggested Positions -
Jul 19, 2012 - entry price on CVS @ 45.98, option @ 0.93
symbol: CVS1319A50 2013 JAN $50 call - current bid/ask $0.51/0.54

- or -

Jul 19, 2012 - entry price on CVS @ 45.98, option @ 1.70*
symbol: CVS1418A55 2014 JAN $55 call - current bid/ask $1.22/1.32

07/21/12 adjust stop loss to $42.45
*entry price on the 2014 option is an estimate since the option didn't trade on the 19th.
07/19/12 trade opens as CVS gaps lower at $45.98 on news
07/18/12 CVS closed above our trigger at $48.50

Current Target: $57.50
Current Stop loss: 42.45
Play Entered on: 07/19/12
Originally listed on the Watch List: 07/14/12


Discover Financial - DFS - close: 36.84

Comments:
08/11/12 update: DFS continues to show strength and hit new highs again this past week. I would not chase it here. If recent history is any guide the stock could see another pullback toward its 30-dma or 40-dma. I am raising our stop loss up to $32.40.

- Suggested Positions -
JUL 05, 2012 - entry price on DFS @ 35.28, option @ 2.15
symbol: DFS1319A37 2013 JAN $37 call - current bid/ask $2.40/2.50

- or -

JUL 05, 2012 - entry price on DFS @ 35.28, option @ 3.40
symbol: DFS1418A40 2014 JAN $40 call - current bid/ask $3.30/3.60

08/11/12 new stop loss @ 32.40
07/05/12 trade opens with DFS at $35.28
07/03/12 DFS closes at $35.45, above our trigger @ 35.00
06/30/12 removed the buy-the-dip trigger.
06/23/12 adjusted entry point strategy to two different entries
06/16/12 DFS is scheduled to report earnings on June 19th.

Current Target: $ 42.50
Current Stop loss: 32.40
Play Entered on: 07/05/12
Originally listed on the Watch List: 06/02/12


Eli Lilly - LLY - close: 43.60

Comments:
08/11/12 update: LLY had a tough time early in the week with a Monday-Tuesday drop. Shares managed to find support at the rising 50-dma. Friday's session delivered a nice bounce but it was only enough to fill the gap. The long-term trend is still up but short-term the outlook is a little murky. I am not suggesting new positions at this time.

Currently we want to exit our 2014 calls when LLY hits $48.50.

- Suggested (SMALL) Positions -
(exited on July 23rd at the open)
Jan 05, 2012 - entry price on LLY @ 39.50, option @ 1.19
symbol: LLY1319A45 2013 JAN $45 call - exit $2.09 (+75.6%)

- or -

(still active)
Jan 05, 2012 - entry price on LLY @ 39.50, option @ 2.75
symbol: LLY1418A45 2014 JAN $45 call - current bid/ask $ 2.47/ 2.69

07/23/12 closed the 2013 calls @ the open (+75.6%)
07/21/12 prepare to exit the 2013 Jan $45 calls on Monday morning
07/21/12 adjust exit target for 2014 calls to $48.50
06/30/12 new stop loss @ 39.75
06/23/12 LLY is hitting new multi-year highs.
06/09/12 new stop loss @ 38.75
04/25/12 LLY beat earnings estimates by 12c and raised guidance
03/17/12 LLY's close over $40.00 looks like a new bullish entry point
01/28/12 new stop loss @ 37.75

Current Target: $48.50 (2014)
Current Stop loss: 39.75
Play Entered on: 01/05/12

Originally listed on the Watch List: 12/17/11


Monsanto Co. - MON - close: 86.74

Comments:
08/11/12 update: It looks like the rally in MON has run out of fuel under round-number resistance at the $90.00 level. Odds are good we will see shares retreat back to potential support in the $85-84-83 area. Wait for the pullback. We can re-evaluate new entries when shares bounce. I'm focused on the $84 level as likely support.

- Suggested Positions -
Jul 17, 2012 - entry price on MON @ 85.84, option @ 4.35
symbol: MON1319A90 2013 JAN $90 call - current bid/ask $ 3.90/ 4.05

- or -

Jul 17, 2012 - entry price on MON @ 85.84, option @ 6.50
symbol: MON1418A100 2014 JAN $100 call - current bid/ask $ 5.65/ 5.90

08/11/12 look for a pullback toward $84 soon
07/17/12 trade opens with MON at $85.84
07/16/12 MON closes above our entry requirement ($85.25)

Current Target: $99.50
Current Stop loss: 79.90
Play Entered on: 07/17/12
Originally listed on the Watch List: 07/14/12


Merck & Co - MRK - close: 44.57

Comments:
08/11/12 update: MRK spent most of the last two weeks drifting sideways with a short-term trend of lower highs. Yet traders started buying the dips late this past week and Friday's move higher is a short-term bullish breakout. I don't see any changes from my prior comments.

Readers may want to take profits now. I am raising our stop loss up to $40.90. I am not suggesting new positions at this time. Our long-term target remains the $47.50 level since we have the 2014 options.

- Suggested Positions -
Jun 25, 2012 - entry price on MRK @ 39.91, option @ 3.14
symbol: MRK1418A40 2014 JAN $40 call - current bid/ask $ 5.95/ 6.10

08/11/12 new stop loss @ 40.90
07/14/12 new stop loss @ 39.49
07/14/12 Readers will want to seriously consider taking profits now.
MRK is at $43.47, option @ 5.15 (+93.9%)
06/25/12 MRK gap down at $39.91
06/22/12 MRK met our entry point requirement with a close over $40.00. Launch positions on Monday morning (conservative traders can wait for a dip to the 10-dma instead).

Current Target: $47.50
Current Stop loss: 40.90
Play Entered on: 06/25/12

Originally listed on the Watch List: 05/05/12


Microsoft - MSFT - close: 30.42

Comments:
08/11/12 update: MSFT has continued to drift higher yet the stock has failed to convincingly push past potential technical resistance at the 150-dma and the 100-dma. There is still sturdier resistance at the $31.00 level. I am not suggesting new positions at this time but a close over $31.25 might change my mind.

- Suggested Positions -
Jun 01, 2012 - entry price on MSFT @ 28.50, option @ 1.69
symbol:MSFT1319A30 2013 JAN $30 call - current bid/ask $ 1.77/ 1.79

- or -

Jun 01, 2012 - entry price on MSFT @ 28.50, option @ 3.05
symbol:MSFT1418A30 2014 JAN $30 call - current bid/ask $ 3.30/ 3.40

07/28/12 raise stop loss to $28.45
06/18/12 MSFT announces the "surface" line of tablets
06/01/12 triggered at $28.50
05/19/12 adjust the trigger to $28.50, stop to $26.45
05/05/12 adjust the trigger to $29.00
04/28/12 adjust buy-the-dip trigger to $29.50, stop to $26.75

Current Target: $32.75 & 34.75
Current Stop loss: 28.45
Play Entered on: 06/01/12
Originally listed on the Watch List: 04/14/12


Pepsico, Inc. - PEP - close: 72.13

Comments:
08/11/12 update: PEP spent the week slowly consolidating lower. That's not a bid surprise after the stock hit new multi-year highs the week before. We can look for short-term support near $71.00 or the 50-dma near $70.00. I would be tempted to buy calls again on a bounce near $70.

- Suggested Positions -
Jul 02, 2012 - entry price on PEP @ 70.34, option @ 2.85
symbol: PEP1418A75 2014 JAN $75 call - current bid/ask $ 2.99/ 3.15

08/06/12 new stop loss @ 67.75
07/02/12 PEP opened at $70.34
07/02/12 launch positions at the open
06/29/12 PEP meets our entry requirement with a close above $70.25.

Current Target: $79.00
Current Stop loss: 67.75
Play Entered on: 07/02/12
Originally listed on the Watch List: 05/26/12


Pfizer Inc. - PFE - close: 23.94

Comments:
08/11/12 update: PFE, like most of the market, produced a quite week of trading sideways. I don't see any changes from my prior comments. I am not suggesting new positions at this time.

- Suggested Positions -
Jul 18, 2012 - entry price on PFE @ 23.53, option @ 1.30
symbol: PFE1418A25 2014 JAN $25 call - current bid/ask $ 1.40/ 1.45

08/06/12 new stop loss @ 21.35
07/18/12 trade opens. PFE @ 23.53
07/17/12 PFE meets our entry requirements (close over $23.40)
06/23/12 removed the 2013 call. We'll only play the 2014s
04/28/12 do not launch positions prior to the earnings report on May 1st.

Current Target: $28.00
Current Stop loss: 21.35
Play Entered on: 07/18/12
Originally listed on the Watch List: 04/21/12


QUALCOMM Inc. - QCOM - close: 61.98

Comments:
08/11/12 update: QCOM is another watch list candidate that has qualified as a new trade. The plan was to wait for shares to close over $61.50 and buy calls the next day. QCOM almost made it on Wednesday with a close at $61.45. It wasn't until Thursday's close at 62.00 did the stock qualify. Our trade opened on Friday morning at $61.71. I would still consider new positions now but the better trade might be to wait for a new dip or a bounce in the $61-60 zone.

- Suggested Positions -
Aug 10, 2012 - entry price on QCOM @ 61.71, option @ 2.56
symbol:QCOM1319A65 2013 JAN $65 call - current bid/ask $ 2.62/ 2.66

- or -

Aug 10, 2012 - entry price on QCOM @ 61.71, option @ 4.75
symbol:QCOM1418A70 2014 JAN $70 call - current bid/ask $ 4.70/ 4.85

Chart of QCOM:

Current Target: $68.50
Current Stop loss: 57.40
Play Entered on: 08/10/12
Originally listed on the Watch List: 08/06/12


The TJX Companies - TJX - close: 44.46

Comments:
08/11/12 update: Bullish analyst comments this past week were not enough to lift TJX out of this sideways churn. Investors are probably wait for the company's earnings report. TJX reports on Tuesday morning, before the opening bell (Aug. 14th). We have a stop loss at $39.75 but more conservative traders may want to tighten their stop loss closer to $42.00 instead just in case TJX disappoints with its numbers.

- Suggested Positions -
Jun 20, 2012 - entry price on TJX @ 43.62, option @ 2.53
symbol: TJX1319A45 2013 JAN $45 call - current bid/ask $ 2.55/ 2.65

- or -

Jun 20, 2012 - entry price on TJX @ 43.62, option @ 5.10
symbol: TJX1418A45 2014 JAN $45 call - current bid/ask $ 5.10/ 5.30

07/05/12 TJX beats June same-store sales estimates and raises guidance
06/20/12 trade opens
06/19/12 TJX closed above our entry requirement (above $43.25)

Current Target: $49.75
Current Stop loss: 39.75
Play Entered on: 06/20/12

Originally listed on the Watch List: 06/16/12


Time Warner - TWX - close: 42.90

Comments:
08/11/12 update: TWX continues to soar following its earnings report on August 1st. The stock is up several days in a row and hitting new multi-year highs with every session. TWX is clearly short-term overbought here. It would be very tempting to go ahead and cash out now (currently +49% for a two-week trade on the 2013 calls) and just wait for the correction to jump back in.

I am not suggesting new positions at this time. You have to expect some profit taking soon.

- Suggested Positions -
Aug 03, 2012 - entry price on TWX @ 40.66, option @ 1.79
symbol: TWX1319A42 2013 JAN $42 call - current bid/ask $ 2.68/ 2.70

- or -

Aug 03, 2012 - entry price on TWX @ 40.66, option @ 2.85
symbol: TWX1419A45 2014 JAN $45 call - current bid/ask $ 3.40/ 3.55

08/11/12 readers might want to lock in gains now (+49% on the 2013 calls) in just two weeks and then jump back in on a correction in the stock.
08/03/12 TWX opens at $40.66 (trade opens)
08/02/12 TWX meets our entry requirement with a close over $40.50

Current Target: $49.00
Current Stop loss: 37.25
Play Entered on: 08/03/12
Originally listed on the Watch List: 07/21/12


Union Pacific Corp. - UNP - close: 122.01

Comments:
08/11/12 update: Transportation stocks, as a sector, have been underperforming this market. UNP was no exception last week. Technically the pullback last week has created a bearish engulfing candlestick reversal pattern on the weekly chart. I still expect support at $120 and at $115 but I am not suggesting new positions at this time.

- Suggested Positions -
Jul 20, 2012 - entry price on UNP @ 122.10, option @ 3.80
symbol: UNP1319A130 2013 JAN $130 call - current bid/ask $ 3.50/ 3.65

- or -

Jul 20, 2012 - entry price on UNP @ 122.10, option @ 6.40
symbol: UNP1418A140 2014 JAN $140 call - current bid/ask $ 6.40/ 6.85

08/11/12 that looks like a brand new bearish engulfing candlestick reversal pattern on the weekly chart today. Let's see if there is any follow through.

Current Target: $139.00
Current Stop loss: 111.75
Play Entered on: 07/20/12
Originally listed on the Watch List: 06/30/12


U.S. Bancorp - USB - close: 33.16

Comments:
08/11/12 update: Taking its cue from the major indices USB produced a quiet week. I don't see any changes from my prior comments. I suspect we will see this stock pull back toward the $32-31 area again. Wait for a dip near this area before considering new positions.

- Suggested Positions -
Jul 20, 2012 - entry price on USB @ 33.62, option @ 1.39
symbol: USB1319A35 2013 JAN $35 call - current bid/ask $ 0.95/ 0.99

- or -

Jul 20, 2012 - entry price on USB @ 33.62, option @ 3.10
symbol: USB1418A35 2014 JAN $35 call - current bid/ask $ 2.75/ 2.84

07/20/12 trade opens Friday morning
07/19/12 USB closes above our trigger <33.50
07/14/12 adjusted strategy: wait for a close over $33.50, stop 29.90
06/30/12 readers might want to consider an alternative entry point
06/23/12 adjust entry trigger to $29.00, stop to 26.40
06/02/12 adjust entry trigger to $28.00

Current Target: $39.50
Current Stop loss: 29.90
Play Entered on: 07/20/12
Originally listed on the Watch List: 05/19/12


Visa, Inc. - V - close: 129.09

Comments:
08/11/12 update: Visa briefly tagged a new all-time high on Monday morning this past week. Shares appear to be retreating. I would look for a dip toward $125 or the 50-dma. Wait for a bounce near this area before considering new positions.

Earlier Comments:
Our long-term target is $149.00 (although we'll likely exit our 2013 calls before V reaches our target).

- Suggested Positions -
JUL 03, 2012 - entry price on V @ 126.49, option @ 5.85
symbol: V1319A135 2013 JAN $135 call - current bid/ask $ 5.35/ 5.50

- or -

JUL 03, 2012 - entry price on V @ 126.49, option @ 11.95
symbol: V1418A140 2014 JAN $140 call - current bid/ask $11.50/11.95

08/06/12 new stop loss @ 119.75
07/16/12 V pops on news of a settlement in 7-year lawsuit
07/03/12 trade opens with Visa at $126.49
07/02/12 Visa closes above our trigger @ 125.50

Current Target: $149.00
Current Stop loss: 119.75
Play Entered on: 07/03/12
Originally listed on the Watch List: 06/30/12


Valero Energy - VLO - close: 29.10

Comments:
08/11/12 update: VLO has continued to march higher. Believe it or not this stock is up ten weeks in a row. I am worried shares are overbought and due for some profit taking. That's why our plan was to take profits on the 2013 Jan $25 calls on Tuesday morning, August 7th, to lock in gains.

We still have the 2014 call position but I am not suggesting new trades. VLO needs to see a healthy pullback.

- Suggested Positions -
(exited on August 7th at the open) JUL 05, 2012 - entry price on VLO @ 24.90, option @ 2.54
symbol: VLO1319A25 2013 JAN $25 call - exit $4.65 (+83.0%)

- or -

JUL 05, 2012 - entry price on VLO @ 24.90, option @ 2.60
symbol: VLO1418A30 2014 JAN $30 call - current bid/ask $ 4.05/ 4.20

08/07/12 closed the 2013 calls. exit @ 4.65 (+83.0%)
08/06/12 Exit 2013 Jan $25 calls on Aug 7th at the open
08/06/12 new stop loss @ 24.40
07/05/12 trade opened with VLO gapping down at $24.90
07/03/12 VLO closed at $25.01, above our trigger (24.50)
06/30/12 adjust entry strategy: wait for close over $24.50, stop 22.45

Current Target: $29.75
Current Stop loss: 22.45
Play Entered on: 07/05/12
Originally listed on the Watch List: 06/23/12


CLOSED Plays


Coca-Cola Company - KO - close: 78.79

Comments:
08/11/12 update: It was not the best week for shares of KO. The plan was to exit positions ahead of the stock's 2-for-1 split scheduled for Monday. I had suggested a week ago that readers may want to exit on Tuesday, August 7th but for the newsletter we planned to exit on Thursday at the closing bell. Sadly KO has fallen five days in a row. The bid on our call option dropped more than a dollar to $7.30 (+102.7%).

- Suggested Positions (start with small positions) -
Mar 29, 2012 - entry price on KO @ 72.35, option @ 3.60
symbol: KO1418A75 2014 JAN $75 call - exit $7.30 (+102.7%)

08/09/12 closed positions at the closing bell.
08/06/12 new stop loss @ 77.75
08/06/12 prepare to exit on Aug. 9th at the closing bell
06/30/12 new stop loss @ 71.80
05/14/12 sold half of our 2014 Jan $75 calls on Monday at the open
the bid opened at $6.20 (+72.2%)
05/12/12 prepare to sell half at the open on Monday morning to take some money off the table. Current bid is $6.55.
04/28/12 new stop loss @ 69.75
More conservative traders may want to take profits now, bid @ $5.90
04/25/12 KO's BoD has recommended a 2-for-1 split subject to shareholder approval in July. Split to occur in August.

Chart of KO:

Current Target: $87.00
Current Stop loss: 71.80
Play Entered on: 03/29/12
Originally listed on the Watch List: 03/17/12