Watch list will be earnings gambles they all report Thursday after market close 15th .

GPS, MRVL, SHLD, SINA, TGT, DLTR

PLEASE know these are earnings gambles worst thing that happens if your gambling on earnings is a no movement and option expires worthless

GPS- Gap - Very bullish chart this year lots of gap ups probably earnings. Going with the trend on this one. I think they beat and possible gap up to 52 week highs avg gap up 2-5 bucks. with ANF gap up today this could surely gap up between 37-40 on a beat. the 34 strike calls dont look bad. or u can go itm. history showing after gap ups it rallies higher so u could also try dec calls My bias: Bullish
Bearish bias if they dont beat a gap fill to 30 and possibly 28

MRVL nasty downtrend all year. at 52 week lows. Well im thinking this will beat looking for a surprise and maybe a gap up to 9-10 bucks. those 7.50 calls are .20. NOTE this doesnt make huge moves about 1.50-3 bucks maybe. If they come out with a beat could be big. On bearish side if they dont beat this will probably drop to 6$ possible 5. those 7 strike puts .10. Worst case scenario it doesnt move. i also just read david einhorn is long 30+ mil shares of this stock. hes the guy who bashed HLF , GMCR My Bias: Bullish

SHLD its down currently 10 bucks off its recent highs of 68. So a part of the down move maybe priced in. who here really shops at SHLD i know i don't. I think they wont beat and we could possible drop down to 46-50 area so a possible 10 buck move. Now if they beat possible gap up to 70+. very bullish chart this year. The premiums on the options really high. I would probably go itm for this stock. if this doesnt make a move on earnings it would be really lame the trend is really bullish but -> My Bias: Bearish

SINA Man its a china stock look at BIDU. People hate china stocks I think this will put in 52 week lows like BIDU did. so on a earnings fail this will be below 45 support 47 then 43 extreme case touch 40. Bullish side this could possibly gap to 60-65 BIDU money leaves and flows into SINA just a thought. SINA is 20 bucks off the recent highs so maybe some of the down move is priced in.
Lots of volume traded on the call side today. if i play this i may go itm. my bias : both

TGT Target dont know much about their earnings maybe a 1-3 buk move or less

DLTR Dollar tree - This stock looks like it could be a big mover on earnings.
The chart: from 2008 at 15 bucks this hast done nothing but go parabolic on the monthly chart hitting all time high of 56.81 and right now is at 52 week lows . gave up all its gains this year. All the people holding this stock between 5-30 may look to take profits real soon along with the people who purchased between 25-40 in 2011. everyone who purchased the stock this year is at a loss. Closed today at 38 . I think if they dont beat this could have a nasty fall down to 30 possibly. looks like the only thing to save the chart is a beat and gap up above 42.

Some others that report

ARUN - expect 4-6 buck move up or down
ADSK - expect 5-10 buck move on this one has history of huge moves on earnings. i like this 1
BONT reports in the morning tomorrow could be a fun day trade
DANG earnings pre market this may change my view on SINA

You had some pretty good picks there Pennies!

Keep up the fantastic work!
Am really enjoying your Watchlists.