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)
BWA, LLL, PII, SNA, CRI, DLTR, ILMN, BYI, WHR, PCAR, ECL, AMP, SWK, ASH, BWLD, PDCE, POOL, CNC,



NEW DIRECTIONAL CALL PLAYS

Harman Intl. - HAR - close: 66.46 change: +0.96

Stop Loss: 64.70
Target(s): 71.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
HAR makes audio equipment. You might be surprised that HAR is a beneficiary of the super strong sales pace of automobiles in the U.S. That's because HAR is a parts supplier for the higher-end vehicles. The stock exploded higher back in August following a better than expected earnings report where HAR beat Wall Street's top and bottom line estimates. Since the August peak shares saw a -10% correction before investors started buying the stock near its rising 30-dma.

Now the pullback appears to be over and HAR is starting to move higher again. Friday's high was $66.73. I am suggesting a trigger to buy calls at $67.00. If triggered our short-term target is $71.00. More aggressive traders could aim higher. The point & figure chart is bullish with an $88 target.

Trigger @ 67.00

- Suggested Positions -

Buy the Oct $70 call (HAR1319j70) current ask $1.05

Annotated Chart:

Entry on September -- at $---.--
Average Daily Volume = 690 thousand
Listed on September 14, 2013


Magna Intl. - MGA - close: 82.05 change: +1.91

Stop Loss: 79.65
Target(s): 89.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
MGA is in the auto parts industry. This stock is another market winner riding the wave of strong auto sales in the U.S. Their latest earnings report was also a bullish surprise with MGA beating analysts' both top and bottom line estimates. Management then raised their 2013 revenue guidance.

The stock's drop in late August was a reaction to market declines and not specific to MGA. Traders bought the dip at its 50-dma and now MGA is poised to breakout to new all-time highs. The August intraday high was $82.58. I am suggesting a trigger to buy calls at $82.65. Our target is $89.50.

Trigger @ 82.65

- Suggested Positions -

Buy the Oct $85 call (MGA1319j85) current ask $1.05

Annotated Chart:

Entry on September -- at $---.--
Average Daily Volume = 545 thousand
Listed on September 14, 2013