According to my Power Options system, Aetna (NYSE:AET) and American International Group (NYSE:AIG) are two of several insurance stocks prepping for major rallies this quarter. So, I’ve researched some great call options to take advantage.

With a $14.57 billion market cap, Aetna is a big player in the sector, and right now it’s a technical powerhouse. It’s a great short-term play and a decent medium- to long-term play.

Recommendation: Buy AET Dec 46 Call options at $1.05 or lower when the stock price is around $43.30. After entry, take profits if the stock price hits $46.40. Options should be at the $2.40 level then. Exit if the stock price closes below $41.70 or the option price gets to 60 cents.

AIG is more of an emerging play, though my system has given it the highest power ranking for more than one week. It’s going to be best as a long-term play, so I’ve chosen the January expiration date to allow some time.

Recommendation: Buy AIG Jan. 38 Calls at $1 or lower, when the underlying stock is at $35.70. After entry, take profits if the stock price hits $38.30 or the option price reaches $2.20. Exit if the stock price closes below $34.40 or the option price reaches 60 cents.

Paying the correct price is critical. Do not pay more than the recommended price.

If possible, pay less than the recommended value. By doing so you’ll save money and make more.

My computer runs give you the fair and correct value of the options, thanks to the Nobel Pricing Formula. By paying only the fair and recommended price or lower, you keep your losses low and maximize your profits — something I am sure you want.

Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.