Editor's Note:

COF and HFC have graduated from our watch list to active plays below.

We want to exit our ODFL trade on Monday morning, December 2nd. Plus we want to exit the VRSN 2014 calls on Monday morning.


Closed Plays


EMN and INTC were closed on Monday, November 25th.



Play Updates


American Intl. Group - AIG - close: 49.75

Comments:
12/01/13: The financial sector drifted sideways during the holiday shortened week. AIG was no different. The stock spent the week trying to breakout past round-number resistance at the $50.00 level. I am not suggesting new positions at this time. More conservative traders may want to raise their stops.

NOTE: We only have about seven weeks left on our 2014 January calls.

- Suggested Positions -
JUL 15, 2013 - entry price on AIG @ 46.99, option @ 2.50
symbol: AIG1418a50 2014 JAN $50 call - current bid/ask $1.33/1.37

- or -

JUL 15, 2013 - entry price on AIG @ 46.99, option @ 4.05
symbol: AIG1517a55 2015 JAN $55 call - current bid/ask $3.25/3.40

10/20/13 new stop loss @ 46.40
10/13/13 exit strategy update: exit 2014 calls at $54.50
adjust the exit target for the 2015 calls to $59.00
09/15/13 new stop loss @ 44.65
08/04/13 new stop loss @ 43.75
...please see earlier updates for more history...

Current Target:$ exit 2014 calls @ 54.50, exit 2015 calls @ 59.00
Current Stop loss: 46.40
Play Entered on: 07/15/13
Originally listed on the Watch List: 06/01/13


Avago Technologies - AVGO - close: 44.73

Comments:
12/01/13: AVGO produced a strong bounce before Thanksgiving. The rally higher managed to break through AVGO's short-term down trend of lower highs. While this is bullish I suspect that AVGO will drift sideways the next couple of days as investors wait to see the company's earnings report. AVGO is scheduled to report earnings on Wednesday, December 4th, after the closing bell. AVGO could be volatile on Thursday morning in reaction to earnings. More conservative investors might want to raise their stop loss closer to the $42.00 area to reduce their risk. I am not suggesting new positions at this time.

- Suggested Positions -
NOV 11, 2013 - entry price on AVGO @ 44.44, option @ 3.60
symbol: AVGO1517a50 2015 JAN $50 call - current bid/ask $3.00/3.80

11/24/13 AVGO is not participating in the market rally.
investors may want to exit early now to cut their losses.
11/11/13 trade opens.
11/10/13 promoted from watch list to new play.
11/03/13 adjust trigger to $43.00
10/27/13 removed the 2014 call
10/20/13 adjust the buy-the-dip trigger to $43.50
adjust the stop loss to $39.40 & adjust the option strikes
adjust the 2014 exit target to $49.50
adjust the 2015 exit target to $54.00
10/13/13 adjust the buy-the-dip trigger from $40.00 to $40.50

Current Target: $55.00
Current Stop loss: 39.40
Play Entered on: 11/11/13
Originally listed on the Watch List: 09/22/13


Bank of America - BAC - close: 15.82

Comments:
12/01/13: BAC spent most of the week trading sideways with the financial sector. However BAC did manage to eke out a weekly gain making it four up weeks in a row. The stock does look a bit over extended. Watch for potential support near $15.00 on any pullback.

- Suggested Positions -
(exit target hit on 07/23/13 @ $15.00)
MAR 18, 2013 - entry price on BAC @ 12.29, option @ 0.44
symbol: BAC1418a15 2014 JAN $15 call - exit $1.04 (+136.3%)

- or -

MAR 18, 2013 - entry price on BAC @ 12.29, option @ 1.13
symbol: BAC1517a15 2015 JAN $15 call - current bid/ask $2.25/2.29

11/24/13 new stop loss @ 13.70
11/17/13 new stop loss @ 13.35
07/23/13 $15.00 exit target hit for the 2014 Jan. $15 calls.
07/20/13 new stop loss @ 12.75. Adjust the exit target for the 2014 calls to exit when BAC hits $15.00. Our exit for the 2015 calls is $18.00 on BAC
07/07/13 new stop loss @ 11.35
05/04/13 BAC did not participate in the market's rally this past week. Investors should turn more defensive here.

Current Target: BAC @ 15.00 for 2014 calls. BAC @ $18 for 2015 call
Current Stop loss: 13.70
Play Entered on: 03/18/13

Originally listed on the Watch List: 03/09/13


Capital One Financial - COF - close: 71.63

Comments:
12/01/13: COF is a watch list candidate that has graduated to our active play list. Shares displayed relative strength and outperformed its peers in the financial sector last week. The plan was to wait for COF to close above $71.00 and then buy calls the next day. Shares closed at $71.51 on Wednesday, November 27th. Our trade opened on Friday morning at $71.69. I would still consider new positions now or you could wait for a likely dip back toward the $71.00 level as an alternative entry point.

- Suggested Positions -
NOV 29, 2013 - entry price on COF @ 71.69, option @ 5.80*
symbol: COF1517a75 2015 JAN $75 call - current bid/ask $5.55/5.75

*option entry price is an estimate since the option did not trade at the time our play was opened.

Chart of COF:

Current Target: COF @ 84.00 for 2015 calls
Current Stop loss: 66.95
Play Entered on: 11/29/13
Originally listed on the Watch List: 11/17/13


E.I. du Pont - DD - close: 61.38

Comments:
12/01/13: I am growing concerned with our DD trade. The major indices are still hitting new highs but DD has stalled two weeks in a row. Shares appear to be consolidating in a neutral pattern with higher lows but lower highs.

We only have about seven weeks left on our 2014 January calls.

- Suggested Positions -
OCT 25, 2013 - entry price on DD @ 62.57, option @ 0.74
symbol: DD1418a65 2014 JAN $65 call - current bid/ask $0.35/0.37

- or -

OCT 25, 2013 - entry price on DD @ 62.57, option @ 3.15
symbol: DD1517a65 2015 JAN $65 call - current bid/ask $3.05/3.20

10/25/13 trade opens. DD gaps higher a $62.57
10/24/13 DD closed above our trigger @ 60.75
09/22/13 adjust entry: wait for a close above $60.75
instead of a close above $60.50

Current Target: DD @ 69.00
Current Stop loss: 57.90
Play Entered on: 10/25/13
Originally listed on the Watch List: 08/11/13


Dollar General Corp. - DG - close: 56.94

Comments:
12/01/13: Hmm... the situation in shares of DG seems to be deteriorating. The stock has now created a second lower high and shares definitely underperformed the market last week. DG is testing short-term support near $57.00 and looks poised to breakdown below it.

Investors holding the 2014 January calls may want to consider an early exit right here to cut their losses early. We only have about seven weeks left before these 2014 options expire.

I am not suggesting new positions at this time. DG is due to report earnings on Thursday morning, December 5th. The stock could be extra volatile that Thursday as the market reacts to its results.

Earlier Comments:
Our long-term target is $64.00 for the 2014 calls. Our target is $69.00 for the 2015 calls. FYI: The point & figure chart is bullish with a $78.00 target.

- Suggested Positions -
SEP 06, 2013 - entry price on DG @ 57.61, option @ 2.58
symbol: DG1418a60 2014 JAN $60 call - current bid/ask $1.50/1.65

- or -

SEP 06, 2013 - entry price on DG @ 57.61, option @ 3.48
symbol: DG1517a70 2015 JAN $70 call - current bid/ask $2.70/2.95

11/17/13 new stop loss @ 54.75
09/22/13 new stop loss @ 53.60

Current Target: 64.00 for the 2014s, 69.00 for the 2015s
Current Stop loss: 54.75
Play Entered on: 09/06/13
Originally listed on the Watch List: 08/04/13


The Walt Disney Co. - DIS - close: 70.54

Comments:
12/01/13: DIS surged to new all-time highs before Thanksgiving. The stock has since seen a couple of days of profit taking. Nimble traders could use a dip or a bounce near $70.00 as a new, alternative entry point to launch positions.

- Suggested Positions -
OCT 23, 2013 - entry price on DIS @ 68.81, option @ 3.70
symbol: DIS1517a75 2015 JAN $75 call - current bid/ask $4.25/4.40

11/24/13 new stop loss @ 64.75

Current Target: DIS @ 84.00
Current Stop loss: 64.75
Play Entered on: 10/23/13
Originally listed on the Watch List: 10/13/13


Dick's Sporting Goods - DKS - close: 56.52

Comments:
12/01/13: DKS continues to bounce with the stock up six days in a row. Friday marks a new all-time closing high for the stock. Investors may want to start raising their stops.

Our long-term target is $65.00. More aggressive traders could aim higher. The point & figure chart is already bullish and forecasting at $71 target.

- Suggested Positions -
NOV 12, 2013 - entry price on DKS @ 54.73, option @ 4.00*
symbol: DKS1517a60 2015 JAN $60 call - current bid/ask $4.40/4.60

11/12/13 trade opens. DKS opens at $54.73
*option entry price is an estimate since the option did not trade at the time our play was opened.
11/11/13 closed about our suggested entry trigger (above 54.50)
10/27/13 removed the 2014 call.

Current Target: DKS @ 65.00
Current Stop loss: 49.95
Play Entered on: 11/12/13
Originally listed on the Watch List: 10/06/13


Dollar Tree, Inc. - DLTR - close: 55.65

Comments:
12/01/13: DLTR's performance is disappointing. The oversold bounce is already failing with shares down every day last week. DLTR looks poised to retest support near $55.00 soon. If shares can bounce at $55.00 again then I would be tempted to buy calls. Otherwise investors may want to just wait and watch. Currently our stop loss is at $52.40 but more conservative investors may want to raise theirs closer to $54.00 instead.

- Suggested Positions -
NOV 21, 2013 - entry price on DLTR @ 55.50, option @ 2.75*
symbol: DLTR1517a65 2015 JAN $65 call - current bid/ask $2.50/2.60

11/21/13 trade opened on gap down at $55.50. Trigger was $56.25.
gap down was a reaction to earnings news
10/27/13 removed the 2014 call
10/20/13 adjust the trigger to $56.25 and the stop to $52.40

Current Target: DLTR @ 65.00
Current Stop loss: 52.40
Play Entered on: 11/21/13
Originally listed on the Watch List: 09/22/13


Ford Motor Co. - F - close: 17.08

Comments:
12/01/13: Ford is still consolidating sideways. You'll notice the consolidation is narrowing and that would suggest that a breakout is probably imminent. Unfortunately the consolidation is neutral with lower highs and higher lows so the breakout could go either way.

More conservative investors may want to raise their stop loss. I am not suggesting new positions at this time.

- Suggested Positions -
(closed the 2014 calls on May 20th, at the open)
APR 29, 2013 - entry price on F @ 13.73, option @ 0.60
symbol: F1418a15 2014 JAN $15 call - exit $1.18 (+96.6%)

- or -

APR 29, 2013 - entry price on F @ 13.73, option @ 1.22
symbol: F1517a15 2015 JAN $15 call - current bid/ask $ 2.96/3.00

10/20/13 new stop loss @ 15.65
09/15/13 adjust exit target on 2015 calls to $19.50 (on Ford stock)
09/08/13 new stop loss @ 15.35
08/04/13 new stop loss @ 14.85
07/07/13 new stop loss @ 14.25
...please see earlier updates for more history...

Current Target:$ 19.50
Current Stop loss: 15.65
Play Entered on: 04/29/13
Originally listed on the Watch List: 04/20/13


Freeport-McMoRan - FCX - close: 34.69

Comments:
12/01/13: Prices for gold, silver, and copper trended lower last week. That pressured shares of FCX. A downgrade from Goldman Sachs on Tuesday didn't help either. Shares have broken through their 50-dma. The next level of likely support is the $34.00 level. More conservative investors may want to raise their stop loss. I am not suggesting new positions at this time.

- Suggested Positions -
NOV 13, 2013 - entry price on FCX @ 35.25, option @ 2.60*
symbol: FCX1517a39 2015 JAN $39 call - current bid/ask $2.14/2.20

11/13/13 FCX hits our buy-the-dip entry point at $35.25
*option entry price is an estimate since the option did not trade at the time our play was opened.
10/27/13 strategy update: removed the 2014 calls
adjust the buy-the-dip trigger to $35.25 and the stop to $32.25.
adjust the option strike to the 2015 Jan $39 call

Current Target:$ 42.50
Current Stop loss: 32.25
Play Entered on: 11/13/13
Originally listed on the Watch List: 09/15/13


Fluor Corp. - FLR - close: 77.81

Comments:
12/01/13: FLR might be in for a pullback. Shares produced another failed rally at resistance near $80.00 this past week. That could qualify as a bearish double top. At the moment FLR still has a bullish trend of higher lows but the stock will likely test that support soon. I am expecting FLR to find some support in the $74-76 area.

Earlier Comments:
We will plan to exit our 2015 calls when FLR trades at $88.00.

- Suggested Positions -
SEP 12, 2013 - entry price on FLR @ 67.14, option @ 2.90
symbol: FLR1418a70 2014 JAN $70 call - exit $9.30 (+220.6%)

- or -

SEP 12, 2013 - entry price on FLR @ 67.14, option @ 5.70*
symbol: FLR1517a75 2015 JAN $75 call - current bid/ask: 10.10/10.40

11/24/13 new stop loss @ 72.75
11/13/13 exit target hit for 2014 Jan. $70 calls
11/10/13 new stop loss @ 71.40
10/31/13 FLR reported earnings and management lowered guidance
10/20/13 new stop loss @ 68.80
adjust exit targets: Target for 2014 call is $79.00
target for 2015 call is $88.00
09/22/13 new stop loss @ 64.75
09/22/13 adjust exit target from $74.75 to $79.50
09/20/13 high for the day was $74.72
*option entry price is an estimate since the option did not trade at the time our play was opened.

Current Target:$ Target for 2014 call is $79.00,
Target for 2015 is $88.00
Current Stop loss: 72.75
Play Entered on: 09/12/13
Originally listed on the Watch List: 08/11/13


HollyFrontier Corp. - HFC - close: 47.98

Comments:
12/01/13: HFC is a watch list candidate that has graduated to our active play list. The stock had been coiling for a bullish breakout above resistance near $47.00 and its simple 200-dma. The plan was to wait for shares to close above $47.50 and then buy calls the next day. HFC met our requirement on November 25th with a close at $47.55. Our trade opened the next day with a gap down to $47.17. Traders pounced on the dip and HFC exploded higher on Wednesday. The stock pared its gains with a steep pullback on Friday but the overall trend remains higher.

I would consider new positions now or you could wait for a dip closer to $47.00, a level that should be new support.

NOTE: The options for HFC have changed. Due to a 50-cent special dividend the option strikes have all been adjusted down by 50 cents. Our listed option strike 2015 January $49.50 has become $49.00.

- Suggested Positions -
NOV 26, 2013 - entry price on HFC @ 47.17, option @ 5.00*
symbol: HFC1517a49 2015 JAN $49 call - current bid/ask $5.40/5.70

*option entry price is an estimate since the option did not trade at the time our play was opened.

Chart of HFC:

Current Target: HFC @ 59.00
Current Stop loss: 43.25
Play Entered on: 11/26/13
Originally listed on the Watch List: 11/24/13


Harley-Davidson - HOG - close: 67.02

Comments:
12/01/13: The holiday week was a quiet one for HOG. Shares drifted sideways in a narrow range. I don't see any changes from my prior comments. If the market dips we can watch for short-term support in the $65-66 zone. I am not suggesting new positions at this time.

NOTE: We only have about seven weeks left on our 2014 calls. Investors may want to exit now to lock in gains.

Earlier Comments:
I am adjusting our exit target for the 2015 calls to $74.50. We will still plan to exit our 2014 calls when HOG hits $69.00.

- Suggested Positions -
SEP 04, 2013 - entry price on HOG @ 61.01, option @ 2.36
symbol: HOG1418a65 2014 JAN $65 call - current bid/ask $ 3.05/3.15

- or -

SEP 04, 2013 - entry price on HOG @ 61.01, option @ 4.35*
symbol: HOG1517a70 2015 JAN $70 call - current bid/ask $ 5.70/5.90

11/17/13 new stop loss @ 61.45
adjust the exit target for 2015 calls to $74.50
10/20/13 do not be surprised to see some profit taking after HOG reports earnings on Oct. 22nd.
09/22/13 new stop loss @ 59.00
*note the entry price on our 2015 call is an estimate since the option did not trade at the time our play opened.

Current Target: exit 2014 calls @ 69.00, exit 2015 calls @ 74.50
Current Stop loss: 61.45
Play Entered on: 09/04/13
Originally listed on the Watch List: 08/25/13


Honeywell Intl. - HON - close: 88.51

Comments:
12/01/13: HON struggled to make any progress last week. Traders seemed to be selling the rallies. I would not be surprised to see another dip back into the $86-87 area soon.

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

- Suggested Positions -
(closed the 2014 calls on May 20th at the open)
MAY 07, 2013 - entry price on HON @ 76.20, option @ 2.68
symbol: HON1418a80 2014 JAN $80 call - exit $5.10 (+90.2%)

- or -

MAY 07, 2013 - entry price on HON @ 76.20, option @ 4.10
symbol: HON1517a85 2015 JAN $85 call - current bid/ask $ 9.00/9.20

11/24/13 new stop loss @ 83.75
11/17/13 new stop loss @ 82.75
11/10/13 new stop loss @ 81.75
10/20/13 new stop loss @ 79.40
10/13/13 investors might want to take profits on our 2015 calls, which have doubled in value.
...please see earlier newsletter for prior comments...

Current Target:$ 95.00
Current Stop loss: 83.75
Play Entered on: 05/07/13
Originally listed on the Watch List: 05/04/13



JPMorgan Chase & Co. - JPM - close: 57.22

Comments:
12/01/13: Shares of JPM seemed to peak on Monday, November 25th and spent the rest of the week drifting sideways and digesting its gains. The stock does still look short-term overbought here and due for a pullback. More conservative investors may want to raise their stop loss again. Actually more conservative investors with the 2014 calls might want to just exit early now to lock in gains. We only have about seven weeks left before the 2014 January options expire. I am not suggesting new positions at this time.

Please note that I am adjusting our exit strategy for the 2014 calls. If you don't exit now then plan to exit when JPM hits $59.50. Our exit target for the 2015 calls remains JPM at $64.00.

- Suggested Positions -
JUN 24, 2013 - entry price on JPM @ 50.25, option @ 1.60
symbol: JPM1418a55 2014 JAN $55 call - current bid/ask $ 2.97/3.05

- or -

JUN 24, 2013 - entry price on JPM @ 50.25, option @ 3.80
symbol: JPM1517a55 2015 JAN $55 call - current bid/ask $ 6.20/6.30

12/01/13 adjust exit target for the 2014 calls to exit when JPM hits $59.50
11/24/13 new stop loss @ 51.95
Consider taking profits on the 2014 calls now
09/01/13 adjust stop loss to $48.99
07/21/13 new stop loss @ 49.65
07/14/13 new stop loss @ 48.75
Current Target: exit 2014 calls when JPM hits $59.50
exit 2015 calls when JPM hits $64.00
Current Stop loss: 51.95
Play Entered on: 06/24/13
Originally listed on the Watch List: 05/25/13


Level 3 Communications - LVLT - close: 30.42

Comments:
12/01/13: LVLT is recovering with the stock rebounding higher most of last week. LVLT is nearing prior resistance in the $31.00 area. I am not suggesting new positions at this time.

- Suggested Positions -
OCT 31, 2013 - entry price on LVLT @ 29.39, option @ 4.40*
symbol:LVLT1517a30 2015 JAN $30 call - current bid/ask $ 4.50/4.90

11/24/13 new stop loss @ 26.75
*option entry price is an estimate since the option did not trade at the time our play was opened.
Current Target: $39.00
Current Stop loss: 26.75
Play Entered on: 10/31/13
Originally listed on the Watch List: 10/20/13


National Oilwell Varco - NOV - close: 81.50

Comments:
12/01/13: News that the U.S. and EU would lift some sanctions against Iran sparked a sell off in crude oil prices. This drop in oil fueled a decline across the oil stocks. NOV suffered with a drop toward its simple 50-dma. The overall trend remains higher. I am not suggesting new positions at this time.

Earlier Comments:
FYI: NOV is planning a spinoff of its oilfield production equipment business by late 2014. We will likely exit positions prior to the spinoff.

- Suggested Positions -
OCT 17, 2013 - entry price on NOV @ 81.00, option @ 5.00
symbol: NOV1517a90 2015 JAN $90 call - current bid/ask $ 4.65/4.85

Current Target: $89.75
Current Stop loss: 76.75
Play Entered on: 10/17/13
Originally listed on the Watch List: 10/13/13


NVIDIA Corp. - NVDA - close: 15.60

Comments:
12/01/13: NVDA produced a nice two-day bounce last Monday and Tuesday. The stock spent the rest of the week hovering above the $15.50 level and its 50-dma. I remain cautious here and more conservative traders may want to raise their stops again. I'm not suggesting new positions.

Don't forget that we only have about seven weeks left on the 2014 January options.

Earlier Comments:
Due to NVDA's recent volatility I am labeling this a more aggressive, higher-risk trade and thus suggest we use smaller positions to limit our risk. Our target to exit the 2014 calls is $18.00. Our target to exit the 2015 calls is $19.75. Currently the point & figure chart is bullish and forecasting at $23 target.

- Suggested *Small* Positions -
SEP 12, 2013 - entry price on NVDA @ 15.63, option @ 0.88
symbol: NVDA1418a16 2014 JAN $16 call - current bid/ask $0.36/0.38

- or -

SEP 12, 2013 - entry price on NVDA @ 15.63, option @ 1.54
symbol: NVDA1517a17 2015 JAN $17 call - current bid/ask $1.27/1.32

09/22/13 new stop loss @ 14.45

Current Target: exit for 2014 calls is $18.00, exit for 2015s is $19.75
Current Stop loss: 14.45
Play Entered on: 09/12/13
Originally listed on the Watch List: 08/18/13


Old Dominion Freight Line - ODFL - close: 51.53

Comments:
12/01/13: The last couple of weeks have seen ODFL display relative strength and breakout through the top of its bullish channel. The move is certainly bullish. Yet I'm worried that ODFL's move is getting a bit over extended. The action on Friday is starting to look a bit like a top. We only have about seven weeks left on our 2014 January options. I am suggesting an immediate exit on Monday morning, December 2nd, to lock in gains. More aggressive traders may want to hang on and just adjust your stop loss higher.

- Suggested Positions -
AUG 14, 2013 - entry price on ODFL @ 45.62, option @ 1.25
symbol: ODFL1418a50 2014 JAN $50 call - current bid/ask $2.35/2.60

12/01/13 prepare to exit on Monday, Dec. 2nd
11/24/13 new stop loss @ 46.75
11/17/13 investors may want to consider an early exit now to lock in a small gain.
10/27/13 new stop loss @ 44.75
10/20/13 new stop loss @ 43.75
09/15/13 What a difference two weeks can make.
09/01/13 conservative traders may want to cut their losses now
08/14/13 trade opens. ODFL opens at $45.62.
08/13/13 ODFL meets our entry requirement with close at $45.65
08/11/13 adjust the entry trigger. Wait for ODFL to close above $45.50 instead of $45.25.

Current Target: $54.00
Current Stop loss: 46.75
Play Entered on: 08/14/13
Originally listed on the Watch List: 07/28/13


QUALCOMM Inc. - QCOM - close: 73.58

Comments:
12/01/13: It was another volatile week for QCOM but shares recovered from their Monday, November 25th lows. The stock's rebound pushed QCOM to new 13-year highs. I am not suggesting new positions at current levels. More conservative traders may want to start raising their stops.

- Suggested Positions -
NOV 15, 2013 - entry price on QCOM @ 71.34, option @ 4.90
symbol: QCOM1517a75 2015 JAN $75 call - current bid/ask $5.85/6.00

11/15/13 trade opens. QCOM @ 71.34
11/14/13 QCOM closes above entry trigger (above 70.50)

Current Target: $85.00
Current Stop loss: 66.75
Play Entered on: 11/15/13
Originally listed on the Watch List: 11/03/13


VeriSign, Inc. - VRSN - close: 56.86

Comments:
12/01/13: VRSN spent most of the week consolidating sideways below the $57.00 level. Shares spiked on Friday and hit new 12-year highs before paring their gains. The trend is up but we only have about seven weeks left on our 2014 calls. I am suggesting we exit our 2014 January $55 calls immediately (Monday morning, December 2nd) to lock in gains. We were planning to exit these options when VRSN hit $57.50 and shares hit $57.30 on Friday before reversing. That's close enough.

We will still have the 2015 calls and our exit target remains $64.50 for this position.

Earlier Comments:
Our target to exit the 2014 calls is $57.50. Our target to exit the 2015 calls is $64.50. Currently the point & figure chart is bullish with a $76 target.

- Suggested Positions -
SEP 19, 2013 - entry price on VRSN @ 51.40, option @ 1.16
symbol:VRSN1418a55 2014 JAN $55 call - current bid/ask $ 2.70/2.78

- or -

SEP 19, 2013 - entry price on VRSN @ 51.40, option @ 4.25*
symbol:VRSN1517a55 2015 JAN $55 call - current bid/ask $ 6.65/6.90

12/01/13 prepare to exit our 2014 Jan. $55 calls on Monday, Dec. 2nd.
11/24/13 new stop loss @ 52.40
11/17/13 new stop loss @ 49.75
11/03/13 new stop loss @ 48.40
*option entry price is an estimate since the option did not trade at the time our play was opened.
09/15/13 adjust entry trigger: wait for a close over $50.50 instead of $50.25

Current Target:
Exit 2014 calls when VRSN hits $57.50, 2015 calls @ $64.50
Current Stop loss: 52.40
Play Entered on: 09/19/13
Originally listed on the Watch List: 08/18/13


Wyndham Worldwide - WYN - close: 71.71

Comments:
12/01/13: WYN continues to perform well with another week of record highs. Shares are starting to look short-term overbought here. It might be time for a pullback. I am not suggesting new positions at this time.

Please note our new stop loss at $65.40.

Earlier Comments:
The point & figure chart is bullish and currently forecasting a $93.00 target.

- Suggested Positions -
NOV 18, 2013 - entry price on WYN @ 68.97, option @ 4.20
symbol: WYN1517a75 2015 JAN $75 call - current bid/ask $ 5.20/5.70

12/01/13 new stop loss @ 65.40
11/24/13 new stop loss @ 64.75
11/18/13 trade opens. WYN opens @ 68.97

Current Target: 85.00
Current Stop loss: 65.40
Play Entered on: 11/18/13
Originally listed on the Watch List: 11/10/13



CLOSED Plays


Eastman Chemical Co. - EMN - close: 77.03

Comments:
12/01/13: EMN has not been performing well. Last weekend we decided to just exit the rest of this trade on Monday morning, November 25th. The stock saw a very small gap open higher on Nov. 25th at $76.51.

- Suggested Positions -
(2014 call position closed on Oct. 21st)
JUL 18, 2013 - entry price on EMN @ 75.34, option @ 3.60*
symbol: EMN1418a80 2014 JAN $80 call - exit $4.90 (+36.1%)

- or -


JUL 18, 2013 - entry price on EMN @ 75.34, option @ 4.90*
symbol: EMN1517a90 2015 JAN $90 call - exit $3.60 (-26.5%)

11/25/13 planned exit at the open
11/24/13 prepare to exit positions on Monday, Nov. 25th
11/17/13 the action this past week is worrisome!
10/21/13 planned exit for the 2014 calls. $4.90 (+36.1%)
10/20/13 prepare to exit the 2014 calls on Monday. Oct. 21st at the opening bell
08/04/13 new stop loss @ 74.40
07/18/13 Trade opened. EMN opens at $75.34
*option entry price is an estimate since the option did not trade at the time our play was opened.
07/17/13 EMN meets our entry requirement with a close above $75.25

Chart of EMN:

Current Target: 2014 calls: target $84 on EMN. 2015 calls: target $95
Current Stop loss: 74.40
Play Entered on: 07/18/13
Originally listed on the Watch List: 07/14/13


Intel Corp. - INTC - close: 23.84

Comments:
12/01/13: INTC has not been performing well. After its dramatic reversal lower on November 22nd we decided the best move was to exit positions immediately. Our plan was to exit on Monday morning, November 25th.

INTC was kind enough to gap open higher by 15 cents on Nov. 25th.

- Suggested Positions -
SEP 16, 2013 - entry price on INTC @ 23.63, option @ 0.93
symbol: INTC1418a24 2014 JAN $24 call - exit $0.69 (-25.8%)

- or -

SEP 16, 2013 - entry price on INTC @ 23.63, option @ 1.75
symbol: INTC1517a25 2015 JAN $25 call - exit $1.56 (-10.8%)

11/25/13 planned exit at the open
11/24/13 prepare to exit on Monday morning, Nov. 25th.
11/22/13 INTC plunged following its analyst meeting
10/27/13 new stop loss @ 22.40

Chart of INTC:

Current Target: $26-29 zone
Current Stop loss: 22.40
Play Entered on: 09/16/13
Originally listed on the Watch List: 09/08/13