NEW DIRECTIONAL CALL PLAYS

Polaris Industries - PII - close: 115.21 change: +0.07

Stop Loss: 113.40
Target(s): 119.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
PII makes recreational vehicles. We recently traded the move from $111 to $115. Shares have been able to maintain their gains. Now after consolidating sideways near $115 the last couple of sessions the stock looks poised to keep climbing.

Tonight we are suggesting a trigger to buy calls at $116.25. If triggered our target is $119.75.

Trigger @ 116.25

- Suggested Positions -

Buy the Sep $120 call (PII1321i120) current ask $1.65

Annotated Chart:

Entry on August -- at $---.--
Average Daily Volume = 829 thousand
Listed on August 06, 2013


Under Armour, Inc. - UA - close: 70.04 change: +0.77

Stop Loss: 68.45
Target(s): 74.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
UA reported earnings on July 25th that beat estimates on both the top and bottom line. Management then raised their 2013 guidance. The stock exploded to new all-time highs. Since then there has been very little profit taking as investors chase it higher. Now UA is poised to breakout past the $70.00 level.

Today's high was $70.30. We are suggesting a trigger to buy calls at $70.50. If triggered our target is $74.75. More aggressive traders could aim higher.

Trigger @ 70.50

- Suggested Positions -

Buy the Sep $72.50 call (UA1321i72.5) current ask $1.55

Annotated Chart:

Entry on August -- at $---.--
Average Daily Volume = 1.3 million
Listed on August 06, 2013


United Technologies - UTX - close: 105.20 change: -1.44

Stop Loss: 103.45
Target(s): 109.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: see below

Why We Like It:
We just had UTX on the Option Investor newsletter with a buy-the-dip strategy. It didn't quite work with today's dip being deeper than expected. Yet we're still bullish on UTX so we want to try again.

Tonight we're suggesting small bullish positions if UTX can trade at $105.55. If triggered our target is $109.75. We'll use a stop loss at $103.45. More conservative traders may want to use a stop closer to $104.50 instead.

FYI: UTX will begin trading ex-dividend on August 14th. The quarterly dividend should be 53.5 cents.

Trigger @ 105.55 *small positions*

- Suggested Positions -

buy the Sep $105 call (UTX1321i105) current ask $2.26

Annotated Chart:

Entry on August -- at $---.--
Average Daily Volume = 3.2 million
Listed on August 03, 2013