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)
TTC, HBI, TMO, ACT, FNGN, IBB

(bearish ideas)
XEC, NHI, VTR, CLR, SLB, COH, HCN,



NEW DIRECTIONAL CALL PLAYS

eBay Inc. - EBAY - close: 50.39 change: -1.74

Stop Loss: 49.45
Target(s): 56.00
Current Option Gain/Loss: Unopened
Time Frame: 4 to 8 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
EBAY was a big loser today with a -3.3% decline but we suspect the weakness is overdone. EBAY's PayPal unit is growing very fast and is surging in the mobile payments industry. You'll notice that the weakness today stalled near $50 because the $50 level has been major support for months.

Tonight we are suggesting a trigger to buy calls at $50.65. If triggered our target is $56.00 over the next several weeks.

Trigger @ $50.65

- Suggested Positions -

buy the 2014 Jan $52.50 call (EBAY1418a52.5) current ask $1.62

Annotated Chart:

Entry on November -- at $---.--
Average Daily Volume = 11 million
Listed on November 20, 2013


Michael Kors - KORS - close: 79.09 change: -0.84

Stop Loss: 73.75
Target(s): 83.00
Current Option Gain/Loss: Unopened
Time Frame: 4 to 8 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
KORS is in the services sector. The company operates as a specialty retailer of apparel and accessories. Long-term the trend is higher but short-term KORS is correcting lower. Monday saw KORS produced a bearish reversal pattern and shares have been down three days in a row now. We suspect that KORS will find support near its 50-dma.

Tonight we're suggesting a buy-the-dip trigger at $76.50 with a stop loss at $73.75. If triggered our multi-week target is $83.00.

Trigger: buy the dip @ $76.50

- Suggested Positions -

Buy the 2014 Jan $80 call (KORS1418a80) current ask $3.30

Annotated Chart:

Entry on November -- at $---.--
Average Daily Volume = 7.2 million
Listed on November 20, 2013