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)
MHK, ETN, UTHR, UPS, FISV, LH, ZMH, HAR, WCC, AYI, PSMT, SBAC, DWRE, and ACT



NEW DIRECTIONAL CALL PLAYS

The Andersons, Inc. - ANDE - close: 80.20 change: +0.82

Stop Loss: 78.40
Target(s): 88.00
Current Option Gain/Loss: Unopened
Time Frame: 6 to 8 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
ANDE is in the consumer goods sector. The company operates several different businesses from grain production, ethanol, railcar leasing, industrial products, turf products, and retail. The company's latest earnings report was bullish with ANDE beating on both the top and bottom line. According to management it was a "record third quarter".

The stock did see a lot of volatility following its report (note the big red candle on November 7th). There was no follow through lower and shares have since rallied to a new all-time closing high. There does appear to be some short-term resistance near $81.00. I am suggesting a trigger to buy calls at $81.10. If triggered our multi-week target is $88.00. FYI: The Point & Figure chart for ANDE is bullish with an $89 target.

NOTE: I am suggesting we keep our position size small. ANDE does not see a lot of volume in its stock or its options. The option spreads are a little wide.

Trigger @ 81.10 *small positions*

- Suggested Positions -

Buy the 2014 Mar $85 call (ANDE1421C85) current ask $3.70

Annotated Chart:

Entry on November -- at $---.--
Average Daily Volume = 117 thousand
Listed on November 12, 2013


NEW DIRECTIONAL PUT PLAYS

SPDR Gold ETF - GLD - close: 122.45 change: -1.42

Stop Loss: 124.25
Target(s): 115.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
This gold ETF seeks to replicate the movement in gold bullion prices. Everyone seems to have an opinion on gold. Future gold prices are a hotly debated topic. I see this as more of a momentum trade. The longer-term trend is clearly down. Investors continue to sell the rallies. Eventually the Federal Reserve will taper its QE program and that should be bearish for gold. There is always the risk of a geopolitical event like another terrorist attack or new violence in the Mid East that could spark a rally in gold (example: if Israel decides to unilaterally attack Iran's nuclear facilities, then gold could rally). Therefore traders may want to limit their position size to limit risk.

Today's low in the GLD was $121.73. I am suggesting a trigger to buy puts at $121.00. If triggered our target is $115.50. More aggressive traders may want to aim lower since the Point & Figure chart for GLD is bearish with a $110 target.

Trigger @ 121.00

- Suggested Positions -

Buy the 2014 Jan $115 PUT (GLD1418m115) current ask $1.62

Annotated Chart:

Weekly Chart:

Entry on November -- at $---.--
Average Daily Volume = 7.0 million
Listed on November 12, 2013