Stocks To Watch For The Week Of 03-23-09:

This week, we almost do not have any significant stocks reporting earnings with the exception of BBY which after Circuit City's burial may see more traffic in their stores and traffic may also mean more earnings (not necessarily as the general consumer is cash poor nowadays, I do not have to explain that one - we all know the story). And DB, well, we also know the story about banks. Here is the list:

03-23
None

03-24
DB & JBL

03-25
PAYX, RHT & SAI

03-26
ACN, BBY, GME & LULU

03-27
None

A word of advice: All call / put option plays for the next few weeks need to be made only 5.00USD away from your specific strike price. As we get closer to the April expiration, we may then take advantage of much cheaper call / put options further away from a given strike price based on the stock volatility. For example, ISRG reports earnings one day before the April expiration and the stock has historically moved at least 10.00USD - so, a strangle play, 10.00USD surrounding the strike price may become a MONSTER CALL / PUT OPTION PLAY...

Enjoy trading!