NEW DIRECTIONAL CALL PLAYS

Precision Castparts - PCP - close: 181.48 change: +2.43

Stop Loss: 176.90
Target(s): 188.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
PCP is in the industrial goods sector. Traders have been buying the dips these last few weeks. Now the bullish trend is pushing PCP past resistance near $180.

I am suggesting small bullish positions now at the open tomorrow. More conservative trades may want to wait for a rally past the November high of $182.40 instead. Our target is $188.00. I am listing the December calls but you might want to use the January calls instead.

- Suggested *Small* Positions -

buy the DEC $185 call (PCP1222L185) current ask $1.80

Annotated Chart:

Entry on November xx at $ xx.xx
Average Daily Volume = 762 thousand
Listed on November 28, 2012


Trimble Navigation - TRMB - close: 55.32 change: +0.85

Stop Loss: 53.40
Target(s): 59.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
TRMB makes global positioning technology. The stock weathered the market's November correction very well. Now shares are pushing toward their 2012 highs. Aggressive traders could buy calls now. I am suggesting small bullish positions if TRMB can trade at $56.15 or higher. If triggered our short-term target is $59.75.

Trigger @ 56.15

- Suggested Positions -

buy the 2013 Jan $57.50 call (TRMB1319a57.5) current as $1.10

Annotated Chart:

Entry on November xx at $ xx.xx
Average Daily Volume = 708 thousand
Listed on November 28, 2012