OptionsPlay Blog

Each month, we look at the top 10 stocks that our community has been researching in OptionsPlay Ideas. Some of them were Trade Ideas or DailyPlays earlier in the month, but these are the symbols you’ve been most active with. If you’re holding positions in any of them—or were considering it—then read on. We’ve provided our own analysis and guidance just for you. Have a read, and then sign in to see the smartest trade!

Here are your Top 10 Expiration Friday OptionsPlay Ideas stocks for March 2015:

 #10: The Walt Disney Company (DIS)

$DIS

Whether it’s because you love the theme parks or the movies, Disney is a household name that isn’t going anywhere anytime soon.  After nearly setting a 52-week low in October, shares have rebounded sharply. With blockbuster movies such as Frozen, Cinderella, and the upcoming Avengers: Age of Ultron, which is expected to open with a $200 million box office, the next few months may see this strong bullish trend continue.

#9: The Home Depot, Inc. (HD)

$HD

Home Depot was our DailyPlay on January 30th when it was trading at $107.  Shares have since moved up 10 points to a 52-week high of $117.92.  Even with the tough winter months and concerns of a looming Fed interest rate hike that could discourage new home purchases and increase costs for homeowners, Home Depot CEO Craig Menear remains confident about the 2015 outlook. As evident with the surge in share prices this year, the market agrees with him.

#8: Facebook, Inc. (FB)

$FB

Facebook recently announced the addition of a money transfer feature to its Messenger app. While payment systems are hardly novel in the app space, the company has effectively added a new business line to its enormous user base that can be readily monetized. The stock price has responded positively to the news, with bullish 1-month and 6-month trend indicators, a technical score of 7 and a move above its $82.91 resistance level to a new 52 week high.

#7: Citigroup Inc. (C)

$C

In the latest round of Fed-imposed liquidity stress tests, Citigroup passed with flying colors, outperforming most of its banking sector peers. Share prices have since responded positively. After bottoming in January, Citigroup has been in a bullish trend and broke above the $50 resistance level. We see this bullish trend continuing, and expect shares to continue higher towards its $55 resistance area in the following month.

#6: Cisco Systems, Inc. (CSCO)

$CSCO

CSCO provides telecoms such as AT&T and Verizon with switches and routers. However, both companies have indicated plans to replace them with cheaper solutions provided by competitors. This poses a problem for Cisco, since these products account for about 60% of their revenues. The 6-month trend returned to bullish after a slight pullback. Keep an eye on the $28.72 resistance level. If it fails to break above that level in the next couple of days, it could indicate that this bullish run is over.

#5: Gilead Sciences Inc. (GILD)

$GILD

The story about Gilead Sciences continues to be its Hepatitis C drug, Sovaldi, which costs patients between $63,000 and $94,000 and boasts a 90% cure rate. Although the company is poised to remain in control of the Hep C market, shareholders are looking for signs of innovation. For the past six months, GILD shares have been trapped between $91 and $111.50, making it a day trader’s sandbox.

#4: Abbott Laboratories (ABT)

$ABT

Abbott Labs was a DailyPlay earlier this month, and like the rest of the pharma sector, the stock has been in a strong bullish run since 2014.  ABT recently divested some of their non-core business segments, allowing them to focus their areas of expertise, including pharmaceuticals (Humira, Norvir, Depakote, and Synthroid), medical devices, and nutritional products.  ABT looks set to continue this bullish trend higher as it approaches its 52-week high at $47.88.

#3: Tesla Motors, Inc. (TSLA)

$TSLA

Last month, we warned that TSLA was a volatile stock. The market did not like its last earnings report, and the stock experienced a significant drop in share price. We mentioned that the $190 level was key, which TSLA is flirting with right now. A break below could force the stock lower.  If you are bearish on the company, then this is the level to watch.

#2: SPDR S&P 500 ETF (SPY)

$SPY

Since last month, SPY has generally remained unchanged, but it’s been a whiplash market. The index set a 52-week high at $212.97 and then pulled back sharply to test the $204 level on relatively high volume. However, the market took the news from the last Fed meeting quite well and rallied back to current levels, We expect this bullish run to continue on to new highs in the coming weeks.

#1: Apple Inc. (AAPL)

$AAPL

Apple is planning its Watch launch next month, and is also rumored to be launching a Web TV service based on their current Apple TV. Because it only provides a limited number of channels, this service is attractive to customers who want a reduced line-up versus a full premium TV service. Last month, we mentioned that shares looked a bit overextended at the $128 level, and going long might not be the best move. Since then, Apple has pulled back slightly to $122, then quickly rallied back higher.  Again, we advise waiting for another pullback before opening bullish positions.

 

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