Jim Cramer Blog

Here are 7 options to watch for Today.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
iShares Russell 2000 Index Oct 84 Calls (AMEX:IWM - News). IWM's PowerRating (for Traders) is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Network Appliance Oct 27.5 Puts (NasdaqGS:NTAP - News). NTAP's PowerRating (for Traders) is 4.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Google Oct 620 Calls (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Baidu.com Oct 220 Puts (NasdaqGS:BIDU - News). BIDU's PowerRating (for Traders) is 2.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Spectrum Brands (NYSE:SPC - News). SPC's PowerRating (for Traders) is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Questar (NYSE:STR - News). STR's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
KB Home (NYSE:KBH - News). KBH's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: BIDU, GOOG, IWM, KBH, NTAP, SPC, stock options, STR

Cramer's 80 to 120 Rule: Boeing (NYSE: BA - News), Caterpillar (NYSE: CAT - News) and Cummins (NYSE: CMI - News)
Back in the eighties, Cramer formed a theory that leading stocks attract money and just keep leading, and more specifically, stocks which reach $80 usually climb $100 and then to $120. He applied this rule to Boeing and Caterpillar. While some suspect BA, which closed at $99.90 on Monday, is played out, Cramer thinks the good news is not priced into the stock, which he predicts will reach $120. He says the same is true of CAT, which closed at $79.83 on Monday, and thinks the UBS analyst who downgraded CAT made a big mistake. The stock is cheaper than it looks, and has great international exposure to compensate for its lackluster U.S. business. Cramer adds CAT reminds him of CMI, which was at $72, and turned out to be a winner.
Ultra Petroleum (AMEX: UPL - News) and Questar (NYSE: STR - News)
True to his suggestion to search the newspapers for great stock ideas, Cramer discussed a New York Times article which indicated the Bush Administration told the Bureau of Land Management to make oil and gas drilling a top priority. He suggets making a profit from this news with UPL and STR, which had been prevented from dilling year-round, and now are going to be released from seasonal restrictions. Of the two, Cramer says UPL is more speculative, because it is only leveraged to China on the international scene. The increase on drilling will be good for both companies.
CEO Interview: John Dionisio, Aecom Technology (NYSE: ACM - News)
John Dionisio told Cramer 40% of the technical services company's revenue is created overseas, and since there is a lot of consolidation in the industry, ACM should easily find an acquisition. Cramer commented a stock like ACM is what investors need.
Published by SeekingAlpha

Labels: ACM, BA, CAT, CMI, Jim Cramer, Mad Money, STR, UPL

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Bear Sterns Apr 170 Calls (NYSE:BSC - News). BSC's PowerRating is 7.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
New Century Financial Apr 20 Puts (NYSE:NEW - News). NEW's PowerRating is 8.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Goldman Sachs Mar 210 Calls (NYSE:GS - News). GS' PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
iMCSI Emerging Markets Index Fund Mar 105 (AMEX:EEM - News). EEM's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Questar Corp. (NYSE:STR - News). STR's PowerRating is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Public Storage (NYSE:PSA - News). PSA's PowerRating is 7.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Office Depot (NYSE:ODP - News). ODP's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: BSC, EEM, GS, NEW, ODP, PSA, stock options, STR

Shares of DirecTV Group Inc. (DTV.N: Quote, Profile, Research), Questar Corp. (STR.N: Quote, Profile, Research) and IACInterActiveCorp. (IACI.O: Quote, Profile, Research) rose in extended trade on Tuesday after Standard & Poor's said the stocks would be added to its S&P 500 index. Shares of DirecTv rose 6 percent to $23.75 on the New York Stock Exchange, IAC/InterActiveCorp 4.8 percent to $35.40 on Nasdaq and Questar shares rose 3 percent to $84.97 on NYSE.
Source: Reuters.com

Labels: DirectTV Group, DTV, IACI, Questar, STR