NEW DIRECTIONAL CALL PLAYS

Energizer Holdings - ENR - close: 102.35 change: +1.84

Stop Loss: 99.85
Target(s): 109.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
Shares of this battery-making company have risen toward its multi-year highs set in May and June this year. A breakout here could start the next leg higher. We are suggesting a trigger to buy calls at $103.25. If triggered our target is $109.75. More aggressive traders may want to aim higher. The Point & Figure chart for ENR is bullish with a $121 target.

Trigger @ 103.25

- Suggested Positions -

Buy the Aug $105 call (ENR1317H105) current ask $2.70

Annotated Chart:

Entry on July -- at $---.--
Average Daily Volume = 497 thousand
Listed on July 01, 2013


Toyota Motor Corp. - TM - close: 123.02 change: +2.36

Stop Loss: 118.90
Target(s): 130.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
It would appear that the carnage in the Japanese stock market is over, at least for now. The oversold bounce in the Japanese yen has reversed and the currency is falling again. That should be bullish for Japanese exporters like TM. TM never broke down from its wide, bullish channel. Shares are now approaching resistance in the $123.00 area.

We are suggesting a trigger to buy calls if TM can trade at $123.65 or higher. I have to warn you that shares of TM gap open almost every day as the stock in New York reacts to trading back home in Japan. Odds are we will see TM gap open above our trigger point.

Our short-term target is $130.00.

Trigger @ 123.65

- Suggested Positions -

Buy the Aug $130 call (TM1317H130) current ask $2.46

Annotated Chart:

Entry on July -- at $---.--
Average Daily Volume = 694 thousand
Listed on July 01, 2013