MorningUpdate - Options Trading Email
Dear [FIRST_NAME]:
You received this alert as part of your subscription to one of the
PowerOptions products.
It's one of the PriorityONE benefits included with our service.
As always, if you have any questions feel free to email us at
support@poweropt.com or call 877-992-7971.
------------------------------------------------------------------
New PriceWatch Alerts for MCD, MS, ORCL, CAT, and More...
March 4, 8:30 AM EST - Before the open... PriceWatch Alerts for
MCD, MS, ORCL, CAT, TSO, CENX, CME, NFLX, TEVA, and DB, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for MCD, MS, ORCL, CAT, TSO, CENX, CME, NFLX,
TEVA, and DB
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- McDonald's Corp. (NYSE: MCD)
Last Price 63.63 - SEP 65.00 CALL OPTION@ $2.31 -> 6.0% Return
(11.1% Annualized) assigned*
-- CME Group Inc. (Nasdaq: CME)
Last Price 305.86 - JUN 300.00 CALL OPTION@ $22.70 -> 5.9% Return
(20.3% Annualized) assigned*
-- Netflix, Inc. (Nasdaq: NFLX)
Last Price 67.55 - APR 67.50 CALL OPTION@ $3.10 -> 4.7% Return
(39.3% Annualized) assigned*
-- Teva Pharmaceutical Industries Limited (Nasdaq: TEVA)
Last Price 60.21 - JUN 60.00 CALL OPTION@ $2.51 -> 4.0% Return
(13.6% Annualized) assigned*
-- Deutsche Bank AG (NYSE: DB)
Last Price 66.56 - APR 65.00 CALL OPTION@ $4.30 -> 4.4% Return
(36.5% Annualized) assigned*
-- Morgan Stanley (NYSE: MS)
Last Price 28.32 - APR 28.00 CALL OPTION@ $1.43 -> 4.1% Return
(34.2% Annualized) assigned*
-- Oracle Corp. (Nasdaq: ORCL)
Last Price 24.50 - JUN 24.00 CALL OPTION@ $1.56 -> 4.6% Return
(15.8% Annualized) assigned*
-- Caterpillar Inc. (NYSE: CAT)
Last Price 58.57 - MAY 57.50 CALL OPTION@ $4.00 -> 5.4% Return
(24.8% Annualized) assigned*
-- Tesoro Corporation (NYSE: TSO)
Last Price 12.97 - AUG 13.00 CALL OPTION@ $1.35 -> 11.9% Return
(25.5% Annualized) assigned*
-- Century Aluminum Co. (Nasdaq: CENX)
Last Price 13.86 - JUN 12.50 CALL OPTION@ $2.60 -> 11.0% Return
(37.6% Annualized) assigned*
*Annualized returns are shown for comparison purposes only
What exactly is a Covered Call? What are the risks, benefits, and
requirements? If you are asking yourself these questions, the
answers you seek lie in :Covered Calls: Aggressive Strategy for the
Conservative Investor: (http://www.poweropt.com/107/). This
educational kit, written by the founders of PowerOptions, will
teach you the ins and outs of the Covered Call Strategy. PLUS, it
comes with two free months of PowerOptions AND a 30 day risk free
guarantee!
Can you back test these strategies? Yes, you can! PowerOptions
offers a full back testing screener, SmartHistoryXL, to its
subscribers. Back test over 20 different options strategies using
your personal search criteria. Check out PowerOptions
SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-
instructions.asp) and start back testing today!
NEWS LEADERS AND LAGGARDS-----------------------------------------
So far this morning, Take-Two Interactive (TTWO), Suntech Power
Holdings (STP), and FedEx (FDX) lead the list of companies with
positive news, while Ciena Corporation (CIEN), Fifth Third Bancorp
(FITB), and SINA Corporation (SINA) lead the list of companies with
negative news. Coca-Cola (KO), Boeing (BA), and BB&T Corp. (BBT)
were upgraded this morning, while M&T Bank (MTB), Amylin
Pharmaceuticals (AMLN), and Medivation (MDVN) received downgrades.
MARKET OVERVIEW---------------------------------------------------
Overseas trading is in trouble this morning, as only two of the 10
foreign indexes that we track are in positive territory. The
cumulative average return on the collective stands at a loss of
0.49%. In Asia, most regional markets closed in the red, with
traders remaining cautious ahead of Friday's U.S. jobs data and
continued developments surrounding Greece's debt woes. Turning to
Europe, equities pulled back in early trading, led lower by energy
shares on weaker crude prices, and ahead of some interest rate
decisions in Europe and Friday's U.S. jobs numbers.
Economic data remains the focus among currency and commodities
traders this morning. The U.S. dollar and crude futures are both
hovering just above breakeven heading into the open, as weekly
initial jobless claims, housing data, and the fourth-quarter
productivity report will give traders a better grasp on the state
of the U.S.'s economic recovery. At last check, the U.S. Dollar
Index was up o.o9% at 80.05, while crude futures were up 0.11% at
$80.96 per barrel. Finally, gold is moderately lower in London,
with futures shedding $2.60 to trade at $1,140.70 an ounce.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,177,250 call contracts traded on Wednesday, compared to
759,691 put contracts. The resultant single-session put/call ratio
arrived at 0.65, while the 21-day moving average held at 0.67.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $109.50 and resistance around $115.10. For the Nasdaq 100
(QQQQ), support is near $43.80 and resistance is around $46.65.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 2/27 Initial Claims
8:30 a.m. 2/20 Continuing Claims
8:30 a.m. Q2 Productivity & Unit Labor Costs
10:00 a.m. Jan Factory Orders
10:00 a.m. Jan Pending Home Sales
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
CIEN -0.06
TD 1.31
URBN 0.40
|
