MORNING UPDATE: PriceWatch Alerts for SUNE and More... for 2016-01-27 |
| PriceWatch Alerts for SUNE, DDD, SWFT, T, JOY ,FEYE, TEX, YELP, X, QEP, FTR, FCX, INTU, BP, and BAC. SunEdison (NYSE: SUNE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $3.04 while selling the July $3.00 call will produce a new covered call with a break-even point around $2.04. At that price, this position has a target return of 47.1 %. This trade will have roughly 32.9 % downside protection, while still aiming for a 47.1 % return in 170 days. It will lock in that return as long as SunEdison is above $3.00 on 7/15/2016. For comparison purposes only, this SUNE covered call aims for an annualized return rate of 101.0 %. 3D Systems (NYSE: DDD) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $7.43 while simultaneously selling the May $7.00 call will result in a new position with a target return of 13.1 %. Based on recent prices, this position will cost about $6.19, which is also the trade?s breakeven point. At that level, this covered call has 16.7 % downside protection, while still providing a 13.1 % return in 109 days as long as DDD is above $7.00 on 5/15/2016. For comparison purposes only, this 3D Systems covered call aims for an annualized return rate of 43.8 %. Swift (NYSE: SWFT) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $16.00 call while at the same time buying SWFT stock for $16.54 will produce a new covered call with a target return of 4.3 %. Based on recent data, this trade will cost about $15.34, which is also the covered call?s breakeven point. At that price, this covered call has 7.3 % downside protection, while seeking an assigned return of 4.3 % return in 23 days. If SWFT is higher than $16.00 on 2/19/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 68.2 %. AT&T (NYSE: T) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $36.00 call while at the same time buying T stock for $35.26 will produce a new covered call with a target return of 5.1 %. Based on recent data, this trade will cost about $34.26, which is also the covered call?s breakeven point. At that price, this covered call has 2.8 % downside protection, while seeking an assigned return of 5.1 % return in 170 days. If T is higher than $36.00 on 7/15/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 10.9 %. Joy Global (NYSE: JOY) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $9.00 call while simultaneously buying JOY stock for $9.72 will result in a new position with a break-even point around $8.17. At that price, this position has a target return of 10.2 %. This trade has 15.9 % downside protection, while still providing a 10.2 % return in 51 days as long as JOY is above $9.00 on 3/18/2016. For comparison purposes only, this Joy Global covered call targets an annualized return rate of 72.6 %. FireEye (NASDAQ: FEYE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $14.78 while selling the February $14.50 call will produce a new covered call with a break-even point around $13.22. At that price, this position has a target return of 9.7 %. This trade will have roughly 10.6 % downside protection, while still aiming for a 9.7 % return in 23 days. It will lock in that return as long as FireEye is above $14.50 on 2/19/2016. For comparison purposes only, this FEYE covered call aims for an annualized return rate of 153.6 %. Terex (NYSE: TEX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $20.51 while simultaneously selling the February $20.00 call will result in a new position with a target return of 6.9 %. Based on recent prices, this position will cost about $18.71, which is also the trade?s breakeven point. At that level, this covered call has 8.8 % downside protection, while still providing a 6.9 % return in 23 days as long as TEX is above $20.00 on 2/19/2016. For comparison purposes only, this Terex covered call aims for an annualized return rate of 109.3 %. Yelp (NYSE: YELP) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $21.50 call while at the same time buying YELP stock for $21.88 will produce a new covered call with a target return of 10.1 %. Based on recent data, this trade will cost about $19.53, which is also the covered call?s breakeven point. At that price, this covered call has 10.7 % downside protection, while seeking an assigned return of 10.1 % return in 23 days. If YELP is higher than $21.50 on 2/19/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 160.0 %. US Steel (NYSE: X) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the March $7.00 call while at the same time buying X stock for $7.76 will produce a new covered call with a target return of 8.4 %. Based on recent data, this trade will cost about $6.46, which is also the covered call?s breakeven point. At that price, this covered call has 16.8 % downside protection, while seeking an assigned return of 8.4 % return in 51 days. If X is higher than $7.00 on 3/18/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 59.8 %. QEP Resources (NYSE: QEP) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $11.00 call while simultaneously buying QEP stock for $11.02 will result in a new position with a break-even point around $9.82. At that price, this position has a target return of 12.0 %. This trade has 10.9 % downside protection, while still providing a 12.0 % return in 51 days as long as QEP is above $11.00 on 3/18/2016. For comparison purposes only, this QEP Resources covered call targets an annualized return rate of 86.0 %. Frontier Communications (NYSE: FTR) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $4.28 while selling the August $3.50 call will produce a new covered call with a break-even point around $3.28. At that price, this position has a target return of 6.7 %. This trade will have roughly 23.4 % downside protection, while still aiming for a 6.7 % return in 205 days. It will lock in that return as long as Frontier Communications is above $3.50 on 8/19/2016. For comparison purposes only, this FTR covered call aims for an annualized return rate of 11.9 %. Freeport McMoRan (NYSE: FCX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $4.18 while simultaneously selling the August $4.00 call will result in a new position with a target return of 36.1 %. Based on recent prices, this position will cost about $2.94, which is also the trade?s breakeven point. At that level, this covered call has 29.7 % downside protection, while still providing a 36.1 % return in 205 days as long as FCX is above $4.00 on 8/19/2016. For comparison purposes only, this Freeport McMoRan covered call aims for an annualized return rate of 64.2 %. Intuit (NASDAQ: INTU) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the March $90.00 call while at the same time buying INTU stock for $91.73 will produce a new covered call with a target return of 4.3 %. Based on recent data, this trade will cost about $86.33, which is also the covered call?s breakeven point. At that price, this covered call has 5.9 % downside protection, while seeking an assigned return of 4.3 % return in 51 days. If INTU is higher than $90.00 on 3/18/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 30.4 %. BP (NYSE: BP) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $30.00 call while at the same time buying BP stock for $30.67 will produce a new covered call with a target return of 4.7 %. Based on recent data, this trade will cost about $28.64, which is also the covered call?s breakeven point. At that price, this covered call has 6.6 % downside protection, while seeking an assigned return of 4.7 % return in 79 days. If BP is higher than $30.00 on 4/15/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 21.9 %. Bank of America (NYSE: BAC) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the May $13.00 call while simultaneously buying BAC stock for $13.30 will result in a new position with a break-even point around $12.21. At that price, this position has a target return of 6.5 %. This trade has 8.2 % downside protection, while still providing a 6.5 % return in 109 days as long as BAC is above $13.00 on 5/15/2016. For comparison purposes only, this Bank of America covered call targets an annualized return rate of 21.7 %. Are you looking for a more conservative strategy that solves the pitfalls that come with covered calls investing? Check out our RadioActive Home Study Kit (http://www.poweropt.com/psDetails.asp?pid=25)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! 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! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE McDonald's (MCD), Huntington Bancshares (HBAN) and Borg Warner (BWA) were upgraded by analysts this morning while Hercules Technology (HTGC), Profire Energy (PFIE) and Dreamworks Animation (DWA) were downgraded. Ralph Lauren Corporation (RL), Terex Corporation (TEX), and American Airlines Group Inc.(AAL) are early risers, while United States Steel Corp. (X), TripAdvisor Inc. (TRIP) and The Boeing Company (BA) are down. INTERNATIONAL MARKETS Asian markets finished mixed Wednesday as Chinese markets were able to recover some of their sharp early losses. The Shanghai Composite ended down 0.52%, and the Nikkei was up 2.72%. European stocks are down today after a number of disappointing earnings reports. The FTSE is down 0.25%, while the French CAC 40 is down 0.45%. FUTURES & CURRENCIES Energy futures are mixed. The price for West Texas Intermediate crude oil is down $0.64 to $30.81 per barrel, while natural gas is up $0.02 t o $2.18. Metals prices are down. Gold is down $1.20 to $1,119.00 per ounce and platinum is down $1.00 to $875.90 an ounce. The Dollar is down versus the Euro and the Yen. PUT/CALL RATIO Yesterday, 724,081 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 447,812 put contracts. The single-session put/call was 0.62 while the 20-day moving average is now at 0.78. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 01/23 07:00 New Home Sales Dec 10:00 Crude Inventories 01/23 10:30 FOMC Rate Decision Jan 14:00 EARNINGS EXPECTED TODAY: AMP ANTM BIIB BA BAH BRCM CMO CRUS CTXS CLF DFS EMC FB FTK GD GHL HBI HES HOLX ITW JMPR LBS MCK MUR NSC NVS OCN PYPL QCOM ROK SNDK SWI STJ TXN TSCO URI VAR VRTX This Morning Update was prepared with data and information provided by: |
