Saturday, January 7, 2012

 Our Option Ideas

BBY(Best Buy) 24.40 now close to our strike target we alerted this one near 22-23 bottom an opportunity to add Calls for Jan 21 as low as .12 hit as high as .44 we feel that BBY could be trading at 25 in the next week close 300% opportunity

MCD (McDonalds Co) 100.54 this one continues strength hit a new 52 week high of 101.59 we are down on PUT options we remind members to always use stops, we think that a pull back to $96 50 day moving average could be in order but with that said trade smart

Microsoft (MSFT). 28.02 is now forming a triangle that has been coiling up for almost two years.
When it breaks out, it will likely be a very powerful, directional move. Check it out below.
In the 3 year chart we can see that Microsoft is a stock that has been in this Triangle Pattern for quite some time and is in the verge of breaking above so our approach would be to buy MSFT and hold since its about to breakout if we check MSFT on this weeks trading lets see the move, it traded from $25 -$28 with a nice move 
http://stockcharts.com/h-sc/ui?s=msft

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