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CAMARO’s Watchlist for 11/2/12

CMG - Been a huge winner from our weekend watchlist where we talked about CMG starting to fill the gap to 280. Today it closed at its highs and looks great for tomorrow . The 270 calls are going for .40c and they could go ITM tomorrow, But if you want to actively trade the options then go with the 265 strike because they have the greatest liquity and should supply nice 20-40% moves all day tomorrow.  Levels to watch for support is 262-261. As far as resistance. None really besides mental levels at  265 270 275 etc.  Love the ending volume on CMG

 CAMAROs Watchlist for 11/2/12

AAPL - Lotto Idea for tomorrow, needs to cross above 600 but the 610 calls are going for like .20c right now and they could possibly go up to 1.00 tomorrow.  Notice what I am saying though. I am not saying AAPL will go to 610, im saying that the calls can go up to 1.00 if AAPL can cross back above 600 tomorrow and make a momo push . The 8ma is at 610 right now and I strongly doubt it crosses above that level but the 610 calls can easy double and possible shoot up to 1.00 at some point tomorrow if AAPL is strong.

 CAMAROs Watchlist for 11/2/12

MCZ - Been a long time since I have traded this one, this was a great money maker fews years ago. We got nice pop in volume past 2 days and the weekly chart looks like its begging for a .70c breakout which could be key to MCZ making its return to dollar land

 CAMAROs Watchlist for 11/2/12

 

To view the rest of the watchlist please visit The Stock Garage

 

 

 

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