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Since it’s St. Patrick’s Day, we’re hoping to tap into the luck of the Irish with these four holiday-inspired option trades.

Have a wonderful St. Patrick’s Day, and we hope you find a pot of gold at the end of each of these trades!

Next: ProShares Ultra Gold (UGL)

ProShares Ultra Gold (UGL)

By Sam Collins

What is it the leprechauns jealously guard? Aye ’tis a pot of gold. And you might just snatch that gold from under their sly little noses by buying
ProShares Ultra Gold () call options.

This exchange-traded fund (ETF), which just flashed a strong buy signal as its 20-day moving average crossed above the 50-day moving average, seeks
to replicate twice the performance of gold bullion as measured by the U.S. dollar p.m. fixing price for delivery in London (a place the little people
abhor). So, while they’re looking toward Dublin, this ETF could run from around $45 up to $55 giving you a handsome profit and ruining their favorite
day of the year.

Buy the UGL July 45 Calls () under
$5.

Get .

Next: Ryanair (RYAAY)

Ryanair (RYAAY)

By Michael Shulman

Since I’m accidental Irish royalty (my grandfather’s sister was the first person processed on Ellis Island — that’s right, I am the grandnephew
of Annie Moore herself), I’m recommending call options on the greatest start-up in Irish history: Ryanair ().

Ryanair is Europe’s dominant discount airline — think Southwest Airlines ()
and JetBlue () all rolled into something green. They are so cost-conscious
they considered charging passengers to use restrooms, and were stopped not by public opinion (their passengers love their prices), but by regulators.
I once tried to get a refund for an unused ticket and I think the agent on the phone is still laughing.

Ryanair prints money year in and out. Great Recession or no Great Recession, the lads are seen to be putting on some profits, so look for that pot
of gold in some RYAAY call options.

Next: O’Reilly Automotive (ORLY)

O’Reilly Automotive (ORLY)

By Chris Johnson and Jon Lewis

Auto parts stores continue to be hot, as the weaker economy and high unemployment forces more consumers to turn into driveway mechanics. O’Reilly
Automotive () has been a leader in this sector, with margins and
revenue growth beating the industry average.

Earnings growth hasn’t been a problem for ORLY. In fact, the company has average year-over-year profit growth of more than 40% over the past three
quarters. And the company is currently on a six-quarter streak of beating the consensus earnings estimate.

On the charts, the stock has been on a solid run for the past few weeks after being locked in a trading range. The shares are currently poised to
take out their 52-week high, with the next target being the all-time high around $43 reached last July.

With more than 3,400 stores catering to a growing base of do-it-yourselfers, ORLY is well-positioned for a solid 2010. Look at an ORLY August
call options to take advantage of this strength.

Next: Qwest Communications (Q)

Qwest Communications (Q)

By Nick Atkeson and Andrew Houghton

To get your account to flow green like St. Patrick’s Day beer, consider buying long-dated options in Qwest Communications ().
Denver-based Qwest provides data, Internet, video and voice services. The company has a yield of 6.7% and earnings of 35 cents. The yield has provided
support for the stock and attracted value investors, but the type of investor may be changing as the company is pointing to growth drivers for the
first time in years.

During the past two weeks, we have seen a surge of call buying in Q. Call open interest has grown from 81,000 contracts to 123,000. What is really
amazing is put open interest is only 15,000 contracts. Clearly, institutional options investors believe Qwest will show them the money.

We recommend that you “buy to open” Q Jan 5 Calls ().

In June 2007, the stock was at $10, and in March 2000, the stock was at $66. If the stock returns to anywhere near this level, investors will be
seeing lots of green.

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