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Expect trading to thin as we grind toward Friday. But volume thinning doesn't mean a lack of volatility. In general, the larger indices may be prone to a tight range, however, individual names can and will move. Friday is triple witching, so we'll at least get the illusion of volume. I've been trading very lightly the past week and will continue to do so until the new year kicks in. The holidays provide enough stress, so adding trading stress to that can sometimes be too much. For many, it is the reverse. Adding the holiday stress to the stress of trading can often cause folks to make poor trades and poor decisions. There will be other days with better opportunities -- unless the Mayans are right, but then your positions won't matter much anyhow.

A couple of small trades I'm looking at for tomorrow around earnings are Jabil Circuit (JBL) and CarMax (KMX). I have reservations about both names, but going into the latter part of 2013, I believe both will be solid plays. For now, they feel range bound and the charts are ripe for a small pullback here. I am not looking for a huge drop in either name. For instance, KMX has strong support in the $32 area, so the December $35-$32 put spread around $0.85 or January $35 puts around $1.50. My preference is the January $35 puts to give the trade time in general, but KMX is setup more as a drop, then recovery, so I will use the December put spread here....91 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.