Let the bulls run

....And out of the gate it looks like we got the bump we were looking for. Some nice PMI data out of China and Europe and a good jobs report could be just the sense of security we were looking for. Its looking like a sell day- for me. I picked up some JNJ DEC 60 calls yesterday afternoon at 1.95. I would be disappointed if we can't move those today at 3, (or higher, 3.5 would be nice). The important move will be at the open, a spike up and quick retreat would not bode too well, but if it settles quickly I'd feel good about a small rise the rest of the day. I think anywhere between 3.2-3.5 will work just fine.

I also will be looking to sell the DGIT MAR 25 at 4.3 (still haven't printed at 4.3) and maybe trim my stock position on a 5% move.

Finally, our TCK DEC 48 options which we (hopefully) picked up either Friday or Monday at sub 1.60, looking for 3.5-4 today(get greedy). I think regardless at the end day however its a sell; TCK has been hot recently and needs a day to establish a local low.

Good luck and enjoy today!

***Update TCK DEC 48 already printed 4 by 10AM, Sell placed at 4.1 JNJ looks very weak, looking now for 2.5

***End of day update, We got both prices we were looking for today. TCK continues to look strong into the close, however I already got my $4.1 and JNJ at 2.5 for a +100% gain (depending where you got in) and 25% gain respectfully. Unfortunately I think we will not have many options tomorrow as I expect the market may start positive before closing down on profit taking.

Stocks I'll be watching tomorrow to buy: ANR, TCK, TSL, INTC, JNJ