Calls Catch Stocks That Are Off to the Races

You know the ones, the names that would rather die than quit trying to get to $100.
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This column was originally published on RealMoney on May 5 at 1:19 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.

Some stocks would rather die than quit. Is there anything standing between the current prices and $100 for

3M

(MMM) - Get Report

,

Caterpillar

(CAT) - Get Report

,

Deere

(DE) - Get Report

or

Boeing

(BA) - Get Report

?

I can't think of anything. Downgrades? Who would be nuts enough to downgrade these stocks?

Economic news? Seems too positive.

A sense of valuation? What do you want,

Pfizer

(PFE) - Get Report

or

Coke

(KO) - Get Report

?

Now, as usual, just when you get that complacent, you should wait before you pull the trigger, or at least just buy a little. But after this

Terex

(TEX) - Get Report

run, you have to wonder what could stop the leaping and bounding of these stocks.

Or the

BGL complex --

Bear Sterns

(BSC)

,

Goldman Sachs

(GS) - Get Report

,

Lehman Brothers

(LEH)

-- which now includes

UBS

(UBS) - Get Report

. These stocks just love to go off to the races the moment the tape changes.

It's funny; they leave fewer crumbs for the rest of the stocks.

As usual, my course of action would be to buy some deep-in-the-money July calls, putting half on now, out of frustration, and then waiting for the pullback that probably will never come.

At the time of publication, Cramer had no positions in the stocks mentioned.

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