NEW DIRECTIONAL CALL PLAYS

Accenture - ACN - close: 84.43 change: +0.31

Stop Loss: 83.25
Target(s): 89.50
Current Option Gain/Loss: Unopened
Time Frame: exit PRIOR to February option expiration
New Positions: Yes, see below

Company Description

Why We Like It:
ACN is in the technology sector. The company provides consulting services in a number of different fields. They most recently made headlines by taking over the Healthcare.gov (Obamacare) website contract. It was a bullish week for ACN's stock as shares pushed to new all-time highs. If this momentum continues we want to hop on board. Friday's high was $84.90. We're suggesting a trigger to buy calls at $85.15. If triggered our short-term target is $89.50. FYI: The Point & Figure chart for ACN is bullish with a $92 target.

Trigger @ 85.15

- Suggested Positions -

Buy the Feb $85 call (ACN1422B85) current ask $1.35

Annotated Chart:

Entry on January -- at $---.--
Average Daily Volume = 3.3 million
Listed on January 18, 2014


Las Vegas Sands - LVS - close: 81.93 change: +1.06

Stop Loss: 79.95
Target(s): 87.50
Current Option Gain/Loss: Unopened
Time Frame: Exit PRIOR to earnings on January 29th
New Positions: Yes, see below

Company Description

Why We Like It:
LSV is in the services sector. The company operates casinos both in the U.S. and abroad, most notably in Macau. The growth in Macau has been driving gains for the casino stocks for years. Speaking of gains, 2013 was a strong one for shares of LVS. The momentum has continued into 2014 with LVS closing the week at new multi-year highs.

I am suggesting a trigger to buy calls at $82.25. If triggered our target is $87.50. More aggressive traders could aim higher. However, our time frame is limited. LVS is scheduled to report earnings on January 29th and we do not want to hold over the announcement.

FYI: The Point & Figure chart for LVS is bullish with a $94 target.

Trigger @ 82.25

- Suggested Positions -

Buy the Feb $82.50 call (LVS1422B82.5) current ask $2.43

Annotated Chart:

Entry on January -- at $---.--
Average Daily Volume = 3.7 million
Listed on January 18, 2014


Yelp, Inc. - YELP - close: 82.36 change: +1.21

Stop Loss: 79.75
Target(s): 98.00
Current Option Gain/Loss: Unopened
Time Frame: Exit PRIOR to earnings on Feb. 5th
New Positions: Yes, see below

Company Description

Why We Like It:
YELP is in the technology sector. The company provides an online urban city guide. It was one of 2013's hot Internet momentum stocks. That momentum has continued into 2014 with a rally to new all-time highs.

I do consider this an aggressive, higher-risk trade. YELP can be volatile and because of that volatility the options are not cheap. I am suggesting small positions. Shares are currently consolidating with a bullish trend of higher lows just below short-term resistance at $83.50. I am suggesting a trigger to buy calls at $83.75. If triggered our target is $98.00 but more conservative traders may want to lock in profits earlier. The $90 level and $95 level could be possible round-number resistance levels.

Trigger @ 83.75 *small positions*

- Suggested Positions -

Buy the Feb $90 call (YELP1422B90) current ask $4.40

Annotated Chart:

Entry on January -- at $---.--
Average Daily Volume = 2.7 million
Listed on January 18, 2014