Stocks To Watch For The Week Of 04-13-09

04-13
None

04-14
CSX, FAST, GS, JNJ, LLTC and GWW

04-15
ABT, ADTN, INFY, LUFK and PGR

04-16
BIIB, BGG, GOOG, ISRG, JPM, NOK, SON, LUV, UTEK and VRTX

04-17
C and GE

This may be one of our most profitable weeks yet. There are a number of stocks here that have been somewhat consistent swinging after their earnings announcement (e.g. LUFK, BIIB, JPM, VRTX, C, GE), but we do not want to focus our attention and energy on those potential movers (remember that all we need is 2 to 3 stocks per week to make good money) - we want to focus all of our energy and attention to three stocks on the list this week:

1. GS - It will move after earnings and will definitely create a MONSTER CALL / PUT OPTION PLAY - GS is not a strangle / straddle candidate; you can play it after it reports its earnings and provides more clarity on their second offering... But this is definitely a play after earnings!

2. GOOG - I see a great MONSTER CALL / PUT OPTION PLAY here with a 20 to 30.00USD strangle all around the close of Thursday (04-16-09). However, this play is not for the faint-of-heart - these options expire on 04-18-09 and if GOOG does not move as expected, you will be in HUGE trouble and only experienced option traders will be able to fix a bad trade of this nature. So, "don't do this at home" if you do not know what you're doing with options and know how to fix a bad option trade. However, the potential benefits here outweigh the risk and your risk is limited to the amount of cash you put on the table.

3. ISRG - I also see another MONSTER CALL / PUT OPTION PLAY here with an 8 to 12.00USD strangle all around the close of Thursday (04-16-09). Again, just like I said above for Google, this is not for the faint-of-heart as my words of caution above apply to this play, too!

Enjoy trading and do not break your own rules! The goal is to be a profitable / successful option trader; not a greedy hero.