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) UNP, UTX, PXD, ROP, ROK, SLB, PNC, ARG, CELG, KSU, DDS, CLR, ANSS, BAX

(bearish ideas) PETM,



NEW DIRECTIONAL CALL PLAYS

The Cooper Companies - COO - close: 102.19 change: +0.84

Stop Loss: 99.90
Target(s): 107.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
COO is a medical device and supplies company. The stock has recently broken out past resistance near the $100 mark to close at new all-time, record highs. Traders just bought the dip at its 10-dma and the $100 level and now COO looks poised for the next leg higher.

The highs last week were near $102.50. I am suggesting a trigger to open new bullish positions at $102.60. If triggered our target is $107.50. Please note that we do want to keep our position size small because the option spreads are a little bit wide. FYI: The Point & Figure chart for COO is bullish with a $125 target.

Trigger @ 102.60 *Small Positions*

- Suggested Positions -

buy the Mar $105 call (COO1316c105) current ask $2.50

Annotated Chart:

Entry on February -- at $---.--
Average Daily Volume = 303 thousand
Listed on February 02, 2012


Rock-Tenn Company - RKT - close: 80.64 change: +1.69

Stop Loss: 79.45
Target(s): 84.85
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
RKT saw a big rally a couple of weeks ago on a better than expected earnings report. Since then the stock has been consolidating sideways and digesting gains. With Friday's show of relative strength the stock looks ready to hit new all-time, record highs.

I am suggesting a trigger to buy calls at $81.05. If triggered our target is $84.85. More aggressive traders could aim higher. FYI: The Point & Figure chart for RKT is bullish with a long-term $117 target.

Trigger @ 81.05

- Suggested Positions -

buy the Mar $80 call (RKT1316c80) current ask $2.90

Annotated Chart:

Entry on February -- at $---.--
Average Daily Volume = 743 thousand
Listed on February 02, 2012