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) MTB, JLL, EOG, TWC, HOG, PNR, LYB, DISCA, SBUX, HSIC, RAX, VAR, GWR, RS


NEW DIRECTIONAL CALL PLAYS

Vulcan Materials - VMC - close: 52.71 change: +1.11

Stop Loss: 50.85
Target(s): 58.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
VMC is in the building materials industry. The stock broke out past major resistance near $50.00 in late November. Since then VMC has been digesting gains and consolidating sideways. Today's show of relative strength (+2.1%) could be the beginning of the next leg higher.

I am suggesting a trigger to buy calls at $53.00 with a stop loss at $50.85. Our target is $58.50. The $60.00 level looks like resistance. FYI: The Point & Figure chart for VMC is bullish with a long-term $70 target.

Trigger @ 53.00

- Suggested Positions -

buy the 2013 Jan $55 call (VMC1319a55) current ask $1.05

Annotated Chart:

Entry on December xx at $ xx.xx
Average Daily Volume = 870 thousand
Listed on December 17, 2012