Long Call (14 Nov 11): USO

This strategy is used when you anticipate an increase in the price of the stock.

USO  $38.21

Buy to Open (1) Jan 12 38 C @ $2.75 

Net Debit: $2.75 ($275.00)

Profit Target (50%): $4.15 ($415.00)

Stop-Loss Point (50%): $1.40 ($140.00)