Watch for 10-18-12 opex friday

This weeks watchlist has been crazy!  Seeing moves of over 300-1000% on the options  $VHC $FSLR  also today just got even better with $CMG   gave you guys my short bias  and my conservative target of $250 with 275-280 puts. Those options will likely be up 500% at the open and i expect more downside on the open.  Lets finish this week strong.

VHC-  Sick move  clearly stated last night with support and targets hit high of 29.38 today.  7 up days in a row on VHC  last time we have see this was in 2011 and it made a huge move.  Support for tomorrow 27.60-28. Tomorrow first resistance 28.50 then 29. tomorrow i expect this up move to continue and we will break 29 and squeeze to 30 and possibly squeeze even more and test 31-32.  30 has been major resistance on this.  this is heavily shorted and trial against AAPL coming soon.   **those 28 calls mentioned at .20 hit a high of 1.40 today 600% move **  

    FSLR -  Healthy consolidation today after a huge move.  support for tomorrow 24.80-25 and we could possibly break out and test 27-28  or we may just consolidate again.  For short side if it breakd below 24.60 and holds im short bias target 24 or lower depending on volume and price action.

CMG-  down to 250 today puts up over 200%.    I expect more downside tomorrow last earnings we had big 20-30$ intraday swing.  so maybe a squeeze to 265 then a drop to 240  and bounce.  ill post my thoughts on twitter for tomorrow .   target on short side for daytrade would be 240-230 for me.

FB- short bias against 19.50  possible target 18 tomorrow.  earnings next week i would look at nov calls and expect this stock to be trading at 15 after earnings.   support 18.90 currently

                            penny stocks
APDN - great move today been consolidating for about a week.  break above .21 we could retest its highs. first target .24 then .26

AKGC-* possible promo watch also a former runner some big blocks hit past week.  - .20 support and a break .25 with volume we could test .40 +

LOCM - 2.85 support. its already made a huge move. for daytrade above 3 we could possible squeeze 3.50.   tomorrow is Friday so if this doesn't breakdown shorts may cover.  holding its gains still

Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.