NEW BULLISH Plays

Symantec Corp - SYMC - close: 22.16 change: +0.51

Stop Loss: 21.45
Target(s): 24.90
Current Gain/Loss: unopened

Entry on February -- at $--.--
Listed on February 5, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 10 million
New Positions: Yes, see below

Company Description

Why We Like It:
SYMC is a security software and services company. The stock has seen a big rally from its late December lows. Yet SYMC has spent the last several days digesting gains and consolidating sideways beneath resistance in the $22.00-22.25 zone.

The January 28th high was $22.26. I am suggesting a trigger to open small bullish positions at $22.30. If triggered our target is $24.90.

Trigger @ 22.30 *Small positions*

Suggested Position: buy SYMC stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the Mar $23 call (SYMC1316c23) current ask $0.35

Annotated chart:



NEW BEARISH Plays

Peabody Energy - BTU - close: 24.08 change: -0.53

Stop Loss: 24.75
Target(s): 20.25
Current Gain/Loss: unopened

Entry on February -- at $--.--
Listed on February 5, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 7.2 million
New Positions: Yes, see below

Company Description

Why We Like It:
BTU is a coal miner. The company reported earnings in late January. The company beat estimates but management guided lower for the first quarter. This guidance sparked another round of selling in shares of BTU. Today the coal sector was dealt another blow with Arch Coal reporting earnings and missing by a large margin. Today's news has helped push shares of BTU to support near $24.00 and its November low (23.80).

I am suggesting a trigger to open bearish positions at $23.70. If triggered our target is $20.25.

Trigger @ 23.70

Suggested Position: short BTU stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the Mar $23 PUT (BTU1316o23) current ask $0.73

Annotated chart: