NEW DIRECTIONAL CALL PLAYS

American Tower Corp. - AMT - close: 79.29 change: +0.29

Stop Loss: 78.75
Target(s): 84.75
Current Option Gain/Loss: Unopened
Time Frame: Exit prior to earnings in early May
New Positions: Yes, see below

Company Description

Why We Like It:
AMT is a REIT focused on wireless and broadcast communication infrastructure. The stock has been showing relative strength. Shares are approaching resistance at its all-time high near $80.00 set back in January. I am suggesting we buy calls on a bullish breakout.

Use a trigger at $80.25. If triggered our target is $84.75. More aggressive traders could aim higher. FYI: The Point & Figure chart for AMT is bullish with a $94 target.

Trigger @ $80.25

- Suggested Positions -

buy the May$80 call (AMT1318E80) current ask $1.60

Annotated Chart:

Entry on April -- at $---.--
Average Daily Volume = 2.2 million
Listed on April 09 2013


SanDisk Corp. - SNDK - close: 56.31 change: +0.72

Stop Loss: 54.95
Target(s): 59.75
Current Option Gain/Loss: Unopened
Time Frame: exit PRIOR to earnings on April 17th
New Positions: Yes, see below

Company Description

Why We Like It:
SNDK makes flash storage devices. The stock continues to garner bullish analyst comments. Shares managed to close at new multi-year highs today. I would like to see a little bit more confirmation of the recent breakout. Tonight I am suggesting a trigger to buy calls at $56.75. If triggered our short-term target is $59.75. Keep in mind that this is going to be a short-term trade. SNDK is scheduled to report earnings on April 17th and we do not want to hold over the report. FYI: The Point & Figure chart for SNDK is bullish with a long-term $79 target.

Trigger @ 56.75

- Suggested Positions -

buy the May $57.50 call (SNDK1318e57.5) current ask $2.10

Annotated Chart:

Entry on April -- at $---.--
Average Daily Volume = 3.3 million
Listed on April 09 2013