NEW DIRECTIONAL CALL PLAYS

FleetCor Technologies - FLT - close: 120.47 change: +0.68

Stop Loss: 117.75
Target(s): 129.50
Current Option Gain/Loss: Unopened
Time Frame: exit prior to April expiration
New Positions: Yes, see below

Company Description

Why We Like It:
FLT is in the services sector. The company provides fuel cards and workforce payment products. During the stock market's big bounce in February shares of FLT surged to new all-time highs. Analysts were putting $140-$150 price targets on the stock. This month FLT has seen a correction of about $15 or -11%. Traders starting buying the dip near technical support at its 50-dma and 100-dma around $117.00. It looks like FLT has put in a new bottom with shares showing relative strength on Friday with a +0.5% gain.

We are suggesting small bullish positions if FLT can trade at $121.05. If triggered our target is $129.50.

Trigger @ 121.05 *small positions*

- Suggested Positions -

Buy the Apr $125 call (FLT1419D125) current ask $1.65

Annotated Chart:

Entry on March -- at $---.--
Average Daily Volume = 1.0 million
Listed on March 22, 2014


NEW DIRECTIONAL PUT PLAYS

Aegerion Pharmaceuticals - AEGR - close: 47.73 change: -2.58

Stop Loss: 50.75
Target(s): 40.25
Current Option Gain/Loss: Unopened
Time Frame: exit PRIOR to April expiration
New Positions: Yes, see below

Company Description

Why We Like It:
AEGR is in the healthcare sector. The company is a biotech firm focused on rare diseases. Biotech stocks were making headlines on Friday thanks to an industry-wide sell-off in their stock prices. AEGR was no exception with a -5% plunge. However, AEGR was already weak and has been underperforming its peers for months. The recent drop in AEGR has left shares on the verge of new multi-month lows.

Friday's intraday low was $47.34. The March 7th low was $47.11. I am suggesting a trigger to buy puts at $46.90. If triggered our target is $40.25. I am suggesting small positions because biotech stocks can be volatile and AEGR already has short interest nearing 20% of its small 28.3 million share float.

FYI: The Point & Figure chart for AEGR is bearish with a $41 target.

Trigger @ 46.90 *small positions to limit risk*

- Suggested Positions -

Buy the Apr $45 PUT (AEGR1419P45) current ask $2.40

Annotated Chart:

Entry on March -- at $---.--
Average Daily Volume = 1.3 million
Listed on March 22, 2014


Target Corp. - TGT - close: 59.45 change: -0.25

Stop Loss: 60.35
Target(s): 55.15
Current Option Gain/Loss: Unopened
Time Frame: exit PRIOR to April expiration
New Positions: Yes, see below

Company Description

Why We Like It:
TGT is a large retailer with almost 1,800 locations in the United States. Most retailers have been struggling with an unusually cold winter that has kept consumers at home and out of their stores. TGT has the added troubles of dealing with the aftermath of its massive security breach in late 2013. The latest details suggest that TGT was actually warned of suspicious activity and ignored it.

The stock's big oversold bounce in February has failed. Shares are now hovering just below round-number resistance at $60.00. We are suggesting bearish put positions if TGT can trade at $58.80. If triggered our short-term target is $55.15 since the $55.00 level has been support in the past. However, more aggressive investors may want to aim lower. The Point & Figure chart for TGT is bearish with a $51 target.

Trigger @ 58.80

- Suggested Positions -

Buy the Apr $60 PUT (TGT1419P60) current ask $1.34

Annotated Chart:

Entry on March -- at $---.--
Average Daily Volume = 6.9 million
Listed on March 22, 2014