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[arthur]

Thu: Top Buys GM LU ATWL Top Sells SPX SPY OEX OIH

There may be excellent opportunities to make big gains with Dec options. GM remains volatile, although Jan calls are a buy on a pullback. LU is a long-term buy. ATWL is a high quality micro-cap. If SPX opens above 1,275, Dec 1,275 or 1,280 puts may be a buy for a quick trade. SPX may pullback to 1,272 and next support is about 1,265 (tomorrow's 10-day MA). SPY Dec in-the-money puts are expensive. So, Jan puts may be a buy instead. Also, OEX may finish the week at 580 or between 575 and 580. So, Dec 585 puts may be a buy on a high open. OIH may hold tomorrow's 10-day MA (i.e. over 132) short-term. However, it has the potential to fall sharply, perhaps in early January at latest.