10/28/2013 MON

Ford Motor Company                         NYSE:     F

Ford is trading near the top of resistance around the 18.25 area. The stock looks strong but might back off going in to year end with sales already slowing due to the economy there are some cheap plays on the spreads and out right inexpensive protection on the near term put side. The stock has support coming in at the 17.00/ 16.50 levels initially and major support at the 10.25 area.

Avg Volume  36,550,000

IV                Dec Monthly 27. 50%              Jan Monthly 27.75%

Support  17.00/16.50**   15.45*

Resist    18.05*    19.00*     19.95***

Look at selling the Dec 18 calls and buying the Dec 17 puts for even and buy the Nov Weekly or Monthly calls for protection should the stock break through resistance.

Open Int. (est.)   strike   Dec 13 Monthly (53) Jan Monthly (81)

15                 27,500                                          194,700

16                 30,825                                            75,700

17                 20,400                                            97,400

18                 33,500                                            49,150

19                 53,000                                            53,800

EARNINGS ESTIMATES

                                                  Current Qtr                 Next Qtr                    Current Yr

                                                      12/2013                       3/2013                         12/2013

Average Estimate	0.34	0.46	1.62
Number of Estimates	15	9	18
Low Estimate	0.27	0.40	1.39
High Estimate	0.44	0.50	1.73
Year Ago EPS	0.31	0.41	1.41
EPS Growth	9.46%	12.20%	14.70%

*Disclaimer: This is not a recommendation. All trading entails risk. Anyone employing any strategies and having limited knowledge of options trading should consult with a FINRA licensed professional.