Editor's Note:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Many of these need to see a break past key support or resistance:

(bullish ideas) AYI, JLL, VMC, SNA, FDO, HP, CSL, YUM, N, HD, IBB, MDVN, AMGN, CTSH, FISV, EBAY, ACN


NEW DIRECTIONAL CALL PLAYS

Starbucks Corp. - SBUX - close: 51.80 change: +0.43

Stop Loss: 49.95
Target(s): 55.85
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
SBUX is once again testing resistance near $52.00-52.25. It's failed twice now but this time shares look ready to breakout higher. I am suggesting a trigger to buy calls at $52.50. We will aim for $55.85 since there was resistance near $56.00. More aggressive traders may want to aim for the $59-60 area instead.

Trigger @ 52.50

- Suggested Positions -

buy the 2013 Jan $55 call (SBUX1319a55) current ask $0.70

Annotated Chart:

Entry on November xx at $ xx.xx
Average Daily Volume = 8.1 million
Listed on November 29, 2012