Sell General Motors GM short   Yesterday, at the Detroit Auto show, GM released its guidance for 2005. While the EPS range of $4 to $5 included the Street's consensus estimate (currently $4.90), we are inclined to think that the earnings will probably be at the lower end of this range. Read More

Sell to Open CAI Mar 55 Put (CAI+OK, 1.40) at 1.25 or higher  We advise aggressive traders to take a leveraged position in CACI (CAI, 61.77) after its pullback of the last few days. We believe that CACI's competitiveness and strong position in the defense IT services makes it a compelling buy at this levels. Read More

E-mail message:  Buy the WebEx Communications September 20 call option to open (UWB + ID, $1.40) and simultaneously buy the WebEx September 20 put option to open (UWB + UD, $2.65). Read More

Advice: Short Learning Tree (LTRE, 13.62). Our downside target for the stock is $6.50. The Learning Tree (LTRE) is a company working with an outdated business model. Stockholders have paid a considerable price during the last several years but there is even more downside risk to the stock.   Read More

Position update - March 45 Newmont Mining call option (NEM + CI, $2.40).   Read More

Sell to Close the May 35 Petrokazakhstan PKZ Call Options (PKZ+EG, 3.80, at the market)  The stock of Petrokazakhstan (PKZ, 34.76) opened higher today after the company disclosed the curtailment of production in Turgai Petroleum, its 50% Joint Venture with Russia's Lukoil.  Read More

Buy the May 35 Petrokazakhstan PKZ Call Options (PKZ+EG, 2.70, at 2.90 or better)  The stock of Petrokazakhstan (PKZ, 32.22) has been under pressure over the last few days and only today the stock is down more than 12%. Unwarranted fears of the company following in the footsteps of Russian oil company Yukos may be behind this slide.  Read More

BUY to Open the May 65 SLB Call Option (SLB+EM, $4.30 at 4.50 or below)  We've been recommending the stocks of the oil service companies as a play on the upcoming increases in oil-related capital spending.  Read More

Buy the Coca-Cola February 40 call option (KO + BH, $1.55) up to $1.70.  The U.S. dollar's rebound in the last few trading sessions and has captured a fair deal of attention. But the current respite in the falling greenback aside, the trend for the dollar remains downward.  Read More

BUY to Open the Intel January 22.50 Call Option (NQ+AX, $2.05), at 2.15 or lower.  Intel (INTC, $24.08) has been under significant pressure this year and, even though the shares were up sharply after last Thursday's announcement of much better-than-expected PC sales for the fourth quarter, it still trades significantly below its 52-week high.  Read More