Option Investor
Play Updates

In Play Updates and Reviews

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Long Play Updates

Catellus Dev. REIT - CDX - close: 28.01 chg: +0.06 stop: 27.15

No change from previous update.

Picked on March 07 at $28.76
Change since picked: - 0.75
Earnings Date 02/25/05 (confirmed)
Average Daily Volume: 397 thousand

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Cox Radio - CXR - close: 16.82 chg: +0.12 stop: 15.99

No change from previous update.

Picked on March 01 at $16.53
Change since picked: + 0.29
Earnings Date 02/23/05 (confirmed)
Average Daily Volume: 334 thousand

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Valassis Comm. - VCI - close: 35.94 chg: -0.04 stop: 34.75

With today's failed rally above the $36.00 level we are expecting VCI to retest the $35.00 level as support. Readers can choose to exit here, sit out and wait for the bounce or just hold on.

Picked on February 23 at $36.12
Gain since picked: - 0.18
Earnings Date 02/22/05 (confirmed)
Average Daily Volume: 337 thousand
 

Short Play Updates

Anheuser Busch - BUD - close: 47.40 chg: +0.06 stop: 50.11

No change from previous update.

Picked on February 7 at $48.32
Gain since picked: - 0.92
Earnings Date 02/02/05 (confirmed)
Average Daily Volume: 2.4 million

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Countrywide Financial - CFC - close: 32.74 chg: -0.24 stop: 35.01

No change from previous update.

Picked on March 09 at $33.36
Change since picked: - 0.52
Earnings Date 02/02/05 (confirmed)
Average Daily Volume: 3.8 million


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Flextronics - FLEX - close: 12.30 chg: +0.23 stop: 13.01

Right on cue! Just as expected FLEX bounced but the rally stalled at resistance near $12.50. Readers can use today's afternoon rollover as a new bearish entry point but it wouldn't hurt to wait for FLEX to confirm its direction by waiting for shares to trade under the $12.00 mark again.

Picked on March 16 at $11.95
Change since picked: + 0.35
Earnings Date 04/28/05 (unconfirmed)
Average Daily Volume: 5.5 million

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Nabi Biopharma - NABI - close: 12.02 chg: -0.08 stop: 13.11

No change from previous update.

Picked on March 06 at $11.80
Change since picked: + 0.22
Earnings Date 02/15/05 (confirmed)
Average Daily Volume: 436 thousand

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NY Times - NYT - close: 36.24 chg: -0.02 stop: 37.35

No change from previous update.

Picked on February 20 at $37.20
Gain since picked: - 0.96
Earnings Date 01/25/05 (confirmed)
Average Daily Volume: 516 thousand


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ScanSource - SCSC - close: 55.89 chg: -0.34 stop: 62.01

No change from previous update. The stock is looking a little oversold here. Expect an oversold bounce near $55.00 before SCSC continues lower.

Picked on March 13 at $ 57.58
Change since picked: - 1.69
Earnings Date 04/28/05 (unconfirmed)
Average Daily Volume = 95 thousand

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Energy Select Spdr - XLE - close: 43.39 chg: +0.74 stop: 45.15

The lack of follow through on the breakdown/reversal over a week ago is becoming a problem. We will plan to exit early during tomorrow's session if XLE trades at or near the $44.00 level.

Picked on March 09 at $43.33
Change since picked: + 0.06
Earnings Date 00/00/00 (unconfirmed)
Average Daily Volume: 4.1 million
 

Closed Long Plays

None today.

Closed Short Plays

None today.

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