Mid January Setups

Holiday shortened week coming up with the market closed on Monday. Options expire on Friday, and max pain for SPY is about 3% lower at $125. Despite clear potential for more upside in the short term, I have little on my watchlist in terms of liquid longs. Many charts are simply overbought. So then, with the exception of HOS, I will point out several obscure firecrackers in need of possible attention, and then there are a half dozen juicy shorts.

Always be cognizant of rogue earnings reports by checking the earnings calendar.

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LONG:






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SHORT:





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