MORNING UPDATE: PriceWatch Alerts for OPK and More... for 2015-11-27 |
PriceWatch Alerts for OPK, KNDI, KERX, XOM and, LOCO. Opko Health (NYSE: OPK) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $11.08 while selling the March $11.00 call will produce a new covered call with a break-even point around $9.98. At that price, this position has a target return of 10.2 %. This trade will have roughly 9.9 % downside protection, while still aiming for a 10.2 % return in 112 days. It will lock in that return as long as Opko Health is above $11.00 on 3/18/2016. For comparison purposes only, this OPK covered call aims for an annualized return rate of 33.3 %. Kandi Technologies (NASDAQ: KNDI) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $10.15 while simultaneously selling the March $10.00 call will result in a new position with a target return of 13.6 %. Based on recent prices, this position will cost about $8.80, which is also the trade?s breakeven point. At that level, this covered call has 13.3 % downside protection, while still providing a 13.6 % return in 112 days as long as KNDI is above $10.00 on 3/18/2016. For comparison purposes only, this Kandi Technologies covered call aims for an annualized return rate of 44.4 %. Keryx Biopharmaceuticals (NASDAQ: KERX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $5.00 call while at the same time buying KERX stock for $5.49 will produce a new covered call with a target return of 22.2 %. Based on recent data, this trade will cost about $4.09, which is also the covered call?s breakeven point. At that price, this covered call has 25.5 % downside protection, while seeking an assigned return of 22.2 % return in 203 days. If KERX is higher than $5.00 on 6/17/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 40.0 %. Exxon Mobil (NYSE: XOM) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $80.00 call while at the same time buying XOM stock for $81.54 will produce a new covered call with a target return of 4.7 %. Based on recent data, this trade will cost about $76.44, which is also the covered call?s breakeven point. At that price, this covered call has 6.3 % downside protection, while seeking an assigned return of 4.7 % return in 84 days. If XOM is higher than $80.00 on 2/19/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 20.2 %. El Pollo Loco (NASDAQ: LOCO) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the February $11.00 call while simultaneously buying LOCO stock for $11.87 will result in a new position with a break-even point around $10.07. At that price, this position has a target return of 9.2 %. This trade has 15.2 % downside protection, while still providing a 9.2 % return in 84 days as long as LOCO is above $11.00 on 2/19/2016. For comparison purposes only, this El Pollo Loco covered call targets an annualized return rate of 40.1 %. 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. 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(GRPN), and Ericsson (ERIC) are early risers, while SunEdison, Inc.(SUNE), SeaDrill Limited (SDRL) and BHP Billiton plc (BBL) are down. INTERNATIONAL MARKETS Asian stocks finished lower Friday with Chinese shares dropping as authorities investigate brokerages there. The Shanghai Composite was down 5.48%, and the Nikkei fell 0.30%. European stocks are mixed today as markets there move off of three month highs. The FTSE is down 0.26%, while the DAX is up 0.06%. FUTURES & CURRENCIES Energy futures are lower this morning. The price for West Texas Intermediate crude oil is down $0.78 to $42.26 per barrel, while natural gas is down $0.05 to $2.24. Metals prices are mixed. Gold is down $4.50 to $1,065.20 per ounce and platinum is down $3.40 to $847.30 an ounce. The Dollar is up versus the Euro and down against the Yen. PUT/CALL RATIO Yesterday, 532,578 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 347,036 put contracts. The single-session put/call was 0.6516153502 while the 20-day moving average is now at 0.7. TODAY'S ECONOMIC CALENDAR No Major Economic Reports Today EARNINGS EXPECTED TODAY: NTZ RENN |