NEW DIRECTIONAL CALL PLAYS

Fiserv, Inc. - FISV - close: 81.21 change: +0.51

Stop Loss: 79.75
Target(s): 88.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
FISV is in the financial services technology business dealing with electronic bill payment and other similar services. The stock is trading near all-time highs. Currently shares are hovering just beneath resistance near $81.50. A breakout could spark the next run higher.

I am suggesting a trigger to buy calls at $81.60. If triggered our target is $88.00 but we will plan on exiting positions prior to FISV's next earnings report (due in late January or early February). FYI: The Point & Figure chart for FISV is bullish with a $93 target.

Trigger @ 81.60

- Suggested Positions -

buy the Feb $80 call (FISV1316B80) current ask $2.75

Annotated Chart:

Entry on January xx at $ xx.xx
Average Daily Volume = 864 thousand
Listed on January 07, 2012