NEW DIRECTIONAL CALL PLAYS

Dillard's Inc. - DDS - close: 84.90 change: +1.37

Stop Loss: 82.75
Target(s): 89.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
Dillard's is a department store chain and owns a number of apparel retailers. Shares have essentially consolidated sideways near new highs while the market corrected lower these last two weeks. Now that the market is bouncing shares of DDS look poised to breakout to new highs.

I am suggesting bullish positions at a trigger of $85.05. We'll start with a stop loss at $82.75. If triggered our target is $89.75.

Trigger @ 85.05

- Suggested Positions -

buy the Dec $90 call (DDS1222L90) current ask $1.05

Annotated Chart:

Entry on November xx at $ xx.xx
Average Daily Volume = 489 thousand
Listed on November 19, 2012


O'Reilly Automotive - ORLY - close: 91.48 change: +1.51

Stop Loss: 89.95
Target(s): 95.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
Shares of auto parts retailers ORLY have been consolidating between $88 and $92 for over two weeks now. The stock looks poised to breakout past resistance at $92.00. I am suggesting a trigger to buy calls at $92.05. If triggered our target is $95.75 but more aggressive traders may want to aim for the $99-100 zone instead.

Trigger @ 92.05

- Suggested Positions -

buy the DEC $95 call (ORLY1222L95) current ask $1.80

Annotated Chart:

Entry on November xx at $ xx.xx
Average Daily Volume = 1.8 million
Listed on November 19, 2012