These are opening positions with a 10% portfolio weighting.
MMM… It’s low volatility, Dollar sensitive, and is putting in an ORH
day with a close over 169.75. The risk to own this name is a close under 167.00
BUY MMM market on close!
BUY INTC market on close!
I’m looking for lower volatility names where I can add some risk and manage it,
looking for pattern follow through.
Little LottoToday’s ideas
SLXP…Salix Pharmaceuticals reports after the close. This has been going sideways for a week.
March 160 calls expire 3/20…. .45/.55 cents. This is the only way to buy upside and limit your risk.
PANW…the pattern looks constructive, however the weekly Calls are pricey.
$3 for a 150 call that expires Friday. I suppose it’s still better than having undefined downside.