MorningUpdate - Options Trading Email
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New PriceWatch Alerts for GOOG, EBAY, INTC, MET, and More...
February 4, 8:30 AM EST - Before the open... PriceWatch Alerts for
GOOG, EBAY, INTC, MET, GENZ, AOL, CTRP, STI, PCLN, ALL, SUN, MOS,
RTP, NDAQ, and QSFT, Market Overview, News Leaders and Laggards,
Today's Economic Calendar, and Index Support & Resistance Levels.
New PriceWatch Alerts for GOOG, EBAY, INTC, MET, GENZ, AOL, CTRP,
STI, PCLN, ALL, SUN, MOS, RTP, NDAQ, and QSFT
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Google Inc. (Nasdaq: GOOG)
Last Price 540.82 - MAR 540.00 CALL OPTION@ $34.10 -> 6.6% Return
(54.5% Annualized) assigned*
-- Mosaic Co. (NYSE: MOS)
Last Price 57.64 - MAR 55.00 CALL OPTION@ $5.00 -> 4.5% Return
(37.2% Annualized) assigned*
-- Rio Tinto plc (NYSE: RTP)
Last Price 205.27 - MAR 200.00 CALL OPTION@ $14.20 -> 4.7% Return
(38.8% Annualized) assigned*
-- Nasdaq OMX Group Inc. (Nasdaq: NDAQ)
Last Price 19.06 - JUN 19.00 CALL OPTION@ $1.50 -> 8.2% Return
(22.2% Annualized) assigned*
-- Quest Software Inc. (Nasdaq: QSFT)
Last Price 16.05 - JUL 15.00 CALL OPTION@ $2.05 -> 7.1% Return
(16.0% Annualized) assigned*
-- eBay Inc. (Nasdaq: EBAY)
Last Price 23.23 - APR 23.00 CALL OPTION@ $1.36 -> 5.2% Return
(26.2% Annualized) assigned*
-- SunTrust Banks, Inc. (NYSE: STI)
Last Price 23.27 - MAR 23.00 CALL OPTION@ $1.61 -> 6.2% Return
(51.3% Annualized) assigned*
-- priceline.com Incorporated (Nasdaq: PCLN)
Last Price 208.53 - MAR 200.00 CALL OPTION@ $17.70 -> 4.8% Return
(39.9% Annualized) assigned*
-- Allstate Corp. (NYSE: ALL)
Last Price 29.83 - JUL 29.00 CALL OPTION@ $2.45 -> 5.9% Return
(13.2% Annualized) assigned*
-- Sunoco Inc. (NYSE: SUN)
Last Price 26.49 - MAR 26.00 CALL OPTION@ $1.50 -> 4.0% Return
(33.5% Annualized) assigned*
-- Intel Corporation (Nasdaq: INTC)
Last Price 19.68 - JUL 19.00 CALL OPTION@ $1.85 -> 6.6% Return
(14.7% Annualized) assigned*
-- MetLife, Inc. (NYSE: MET)
Last Price 34.80 - MAR 34.00 CALL OPTION@ $2.10 -> 4.0% Return
(33.0% Annualized) assigned*
-- Genzyme Corp. (Nasdaq: GENZ)
Last Price 57.00 - APR 57.50 CALL OPTION@ $2.60 -> 5.7% Return
(28.9% Annualized) assigned*
-- AOL, Inc. (NYSE: AOL)
Last Price 25.23 - APR 25.00 CALL OPTION@ $1.60 -> 5.8% Return
(29.4% Annualized) assigned*
-- Ctrip.com International Ltd. (Nasdaq: CTRP)
Last Price 31.85 - MAR 31.00 CALL OPTION@ $2.30 -> 4.9% Return
(40.7% Annualized) assigned*
*Annualized returns are shown for comparison purposes only
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NEWS LEADERS AND LAGGARDS-----------------------------------------
So far this morning, Sara Lee (SLE), CIGNA (CI), and
GlaxoSmithKline (GSK) lead the list of companies with positive
news, while Kellogg (K), Toyota (TM), and Allergan (AGN) lead the
list of companies with negative news. Visa (V), BP (BP), and AOL
(AOL) were upgraded this morning, while Delta Air Lines (DAL),
Verizon (VZ), and Cree (CREE) received downgrades.
MARKET OVERVIEW---------------------------------------------------
There is little cheer in overseas trading this morning, as only one
of the 10 foreign indexes that we track is in positive territory.
The cumulative average return on the collective stands at a loss of
0.96%. In Asia, regional markets finished broadly lower, as
traders took their cues from a sluggish session on Wall Street.
European markets followed Asia's lead and headed sharply lower,
with banking stocks leading the way.
Crude futures tipped lower after the Energy Information
Administration reported that crude stockpiles jumped 2.3 million
barrels last week. A strengthening U.S. dollar is also having a
negative impact on crude futures in electronic trading, as the
March contract is down 72 cents at $76.26 per barrel.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,226,287 call contracts traded on Wednesday, compared to
788,278 put contracts. The resultant single-session put/call ratio
arrived at 0.64, while the 21-day moving average rose to 0.61.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $107.90 and resistance around $110.60. For the Nasdaq 100
(QQQQ), support is near $42.60 and resistance is around $44.90.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 1/30 Initial Claims
8:30 a.m. 1/15 Continuing Claims
8:30 a.m. Q4 Unit Labor Cost
8:30 a.m. Q4 Productivity
10:00 a.m. Dec Factory Orders
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
AGN 0.77
AVP 0.68
CME 3.43
CI 0.96
CINF 0.52
CLX 0.76
DNB 1.75
DO 2.32
FIS 0.34
FMC 0.90
HSP 0.69
K 0.49
MA 2.46
MCHP 0.29
MCO 0.41
NOC 1.26
PKI 0.41
PBI 0.62
RAI 1.16
SLE 0.23
SNA 0.55
SE 0.33
HOT 0.22
SUN -0.26
TM -0.06
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