Editor's Note:

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

(bullish ideas) V, ASH, CAB, JEC, FNV, TUP, LLL, TMO, GPC, PSMT, MSG, NDSN, SRCL, WDC, PCAR, UTX, PEP



NEW DIRECTIONAL CALL PLAYS

Martin Marietta Materials - MLM - close: 109.49 change: +1.49

Stop Loss: 107.45
Target(s): 118.50
Current Option Gain/Loss: Unopened
Time Frame: 4 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
MLM is in the building materials industry. The company reported earnings a couple of weeks ago that were actually disappointing and missed Wall Street's estimates. Yet investors bought the news anyway. Now shares have rallied to new four-year highs.

MLM is currently hovering below short-term resistance at $110. A breakout here could spark more short covering. The most recent data listed short interest at 11% of the rather small 45.9 million share float.

I am suggesting a trigger to buy calls at $110.25. If triggered our target is $118.50.

Trigger @ 110.25

- Suggested Positions -

buy the Jun $110 call (MLM1322F110) current ask $2.95

Annotated Chart:

Entry on May -- at $---.--
Average Daily Volume = 378 thousand
Listed on May 15 2013


O'Reilly Auto. - ORLY - close: 111.96 change: +0.07

Stop Loss: 109.75
Target(s): 119.00
Current Option Gain/Loss: Unopened
Time Frame: 4 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
It's been a strong four week for shares of ORLY. The company reported earnings back in April and management guided higher for the second quarter. That helped launch shares to a new 52-week high. Since then ORLY has pushed even higher and is now trading at all-time highs.

The stock spent much of last week consolidating sideways near $110 so it's a lot less overbought that the major market indices. I am suggesting a trigger to buy calls at $112.25. If triggered our target is $119.00. The Point & Figure chart for ORLY is bullish with a $137 target.

Trigger @ 112.25

- Suggested Positions -

buy the Jun $115 call (ORLY1322F115) current ask $1.35

Annotated Chart:

Entry on May -- at $---.--
Average Daily Volume = 813 thousand
Listed on May 15 2013