MORNING UPDATE: PriceWatch Alerts for AMBA and More... for 2015-10-22 |
| PriceWatch Alerts for AMBA, KLAC, GLD, BOX, JUNO ,CMG, HZNP, ABT, BAC, AMGN, EXEL, EBAY, ISRG, SCTY, and FEYE. Ambarella (NASDAQ: AMBA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $53.86 while selling the November $53.50 call will produce a new covered call with a break-even point around $50.26. At that price, this position has a target return of 6.4 %. This trade will have roughly 6.7 % downside protection, while still aiming for a 6.4 % return in 29 days. It will lock in that return as long as Ambarella is above $53.50 on 11/20/2015. For comparison purposes only, this AMBA covered call aims for an annualized return rate of 81.1 %. KLA Tencor (NASDAQ: KLAC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $64.07 while simultaneously selling the March $65.00 call will result in a new position with a target return of 5.1 %. Based on recent prices, this position will cost about $61.87, which is also the trade?s breakeven point. At that level, this covered call has 3.4 % downside protection, while still providing a 5.1 % return in 148 days as long as KLAC is above $65.00 on 3/18/2016. For comparison purposes only, this KLA Tencor covered call aims for an annualized return rate of 12.5 %. Gold SPDR (AMEX: GLD) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $111.75 while simultaneously selling the June $111.00 call will result in a new position with a target return of 5.3 %. Based on recent prices, this position will cost about $105.45, which is also the trade?s breakeven point. At that level, this covered call has 5.6 % downside protection, while still providing a 5.3 % return in 239 days as long as GLD is above $111.00 on 6/17/2016. For comparison purposes only, this Gold SPDR covered call aims for an annualized return rate of 8.0 %. Box (NYSE: BOX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the November $12.00 call while at the same time buying BOX stock for $12.64 will produce a new covered call with a target return of 4.0 %. Based on recent data, this trade will cost about $11.54, which is also the covered call?s breakeven point. At that price, this covered call has 8.7 % downside protection, while seeking an assigned return of 4.0 % return in 29 days. If BOX is higher than $12.00 on 11/20/2015, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 50.1 %. Juno Therapeutics (NASDAQ: JUNO) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the November $45.00 call while simultaneously buying JUNO stock for $46.69 will result in a new position with a break-even point around $42.79. At that price, this position has a target return of 5.2 %. This trade has 8.4 % downside protection, while still providing a 5.2 % return in 29 days as long as JUNO is above $45.00 on 11/20/2015. For comparison purposes only, this Juno Therapeutics covered call targets an annualized return rate of 64.9 %. Chipotle Mexican Grill (NYSE: CMG) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $657.61 while selling the December $665.00 call will produce a new covered call with a break-even point around $636.81. At that price, this position has a target return of 4.4 %. This trade will have roughly 3.2 % downside protection, while still aiming for a 4.4 % return in 57 days. It will lock in that return as long as Chipotle Mexican Grill is above $665.00 on 12/18/2015. For comparison purposes only, this CMG covered call aims for an annualized return rate of 28.3 %. Horizon Pharma (NASDAQ: HZNP) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $14.83 while simultaneously selling the November $14.00 call will result in a new position with a target return of 12.2 %. Based on recent prices, this position will cost about $12.48, which is also the trade?s breakeven point. At that level, this covered call has 15.8 % downside protection, while still providing a 12.2 % return in 29 days as long as HZNP is above $14.00 on 11/20/2015. For comparison purposes only, this Horizon Pharma covered call aims for an annualized return rate of 153.2 %. Abbott Laboratories (NYSE: ABT) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the January $42.00 call while at the same time buying ABT stock for $42.20 will produce a new covered call with a target return of 4.1 %. Based on recent data, this trade will cost about $40.34, which is also the covered call?s breakeven point. At that price, this covered call has 4.4 % downside protection, while seeking an assigned return of 4.1 % return in 85 days. If ABT is higher than $42.00 on 1/15/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 17.6 %. Bank of America (NYSE: BAC) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the May $15.00 call while at the same time buying BAC stock for $15.86 will produce a new covered call with a target return of 5.1 %. Based on recent data, this trade will cost about $14.27, which is also the covered call?s breakeven point. At that price, this covered call has 10.0 % downside protection, while seeking an assigned return of 5.1 % return in 206 days. If BAC is higher than $15.00 on 5/15/2016, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 9.1 %. Amgen (NASDAQ: AMGN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the November $150.00 call while simultaneously buying AMGN stock for $149.57 will result in a new position with a break-even point around $144.02. At that price, this position has a target return of 4.2 %. This trade has 3.7 % downside protection, while still providing a 4.2 % return in 29 days as long as AMGN is above $150.00 on 11/20/2015. For comparison purposes only, this Amgen covered call targets an annualized return rate of 52.2 %. Exelixis (NASDAQ: EXEL) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $5.40 while selling the January $5.00 call will produce a new covered call with a break-even point around $4.40. At that price, this position has a target return of 13.6 %. This trade will have roughly 18.5 % downside protection, while still aiming for a 13.6 % return in 85 days. It will lock in that return as long as Exelixis is above $5.00 on 1/15/2016. For comparison purposes only, this EXEL covered call aims for an annualized return rate of 58.5 %. eBay (NASDAQ: EBAY) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $24.20 while simultaneously selling the November $24.00 call will result in a new position with a target return of 4.0 %. Based on recent prices, this position will cost about $23.08, which is also the trade?s breakeven point. At that level, this covered call has 4.6 % downside protection, while still providing a 4.0 % return in 29 days as long as EBAY is above $24.00 on 11/20/2015. For comparison purposes only, this eBay covered call aims for an annualized return rate of 50.1 %. Intuitive Surgical (NASDAQ: ISRG) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $506.11 while simultaneously selling the April $495.00 call will result in a new position with a target return of 6.3 %. Based on recent prices, this position will cost about $465.71, which is also the trade?s breakeven point. At that level, this covered call has 8.0 % downside protection, while still providing a 6.3 % return in 176 days as long as ISRG is above $495.00 on 4/15/2016. For comparison purposes only, this Intuitive Surgical covered call aims for an annualized return rate of 13.0 %. SolarCity (NASDAQ: SCTY) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the November $38.00 call while at the same time buying SCTY stock for $38.05 will produce a new covered call with a target return of 8.4 %. Based on recent data, this trade will cost about $35.05, which is also the covered call?s breakeven point. At that price, this covered call has 7.9 % downside protection, while seeking an assigned return of 8.4 % return in 29 days. If SCTY is higher than $38.00 on 11/20/2015, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 105.9 %. FireEye (NASDAQ: FEYE) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the November $28.50 call while simultaneously buying FEYE stock for $28.75 will result in a new position with a break-even point around $26.48. At that price, this position has a target return of 7.6 %. This trade has 7.9 % downside protection, while still providing a 7.6 % return in 29 days as long as FEYE is above $28.50 on 11/20/2015. For comparison purposes only, this FireEye covered call targets an annualized return rate of 95.9 %. 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. 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(HCA) and American Express Company (AXP) are down. INTERNATIONAL MARKETS Asian markets finished mixed Wednesday as stocks in China recovered some of the previous day?s losses. The Nikkei was down 0.64%, while the Shanghai Composite was up 1.45%. In Europe, stocks are mixed today as investors await word from the European Central Bank on future stimulus. The FTSE is down 0.16%, while the DAX is up 0.24%. FUTURES & CURRENCIES Energy futures are down this morning. The price for West Texas Intermediate crude oil is up $0.58 to $45.78 per barrel, while natural gas is down less than a penny to $2.60. Metals prices are lower this morning. Gold is down $0.40 to $1,166.70 per ounce and platinum is down $5.90 to $1001.20 an ounce. The Dollar is up versus the Euro and down versus the Yen. PUT/CALL RATIO Yesterday, 685,376 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 566,036 put contracts. The single-session put/call was 0.83 while the 20-day moving average is now at 0.75. TODAY'S ECONOMIC CALENDAR Initial Claims 10/17 8:30 Continuing Claims 10/10 8:30 FHFA Housing Price Index Aug. 9:00 Existing Home Sales Sept. 10:00 Leading Indicators Sept. 10:00 Natural Gas Inventories 10/17 10:30 EARNINGS EXPECTED TODAY: MMM EGHT ACTG ACOR ALK ALGN ADS AB GOOGL ALTR AMZN AEP APOL ACAT T ATHN AWRE BAS BBGI BMS BJRI BCC BYD BCR CAB CAM CAT LODE CY DAN DHR DLX DV DOW DPS DNKN ETFC KODK LLY EQT FTI FII BEN FCX FSL GMT GHL GLF HCBK HBAN JNPR LAZ MCD MJN MSFT NDAQ NUE P PH PJC PHM DGX RTN RS RMD R SIRI LUV SFG SWK SRCL SYK SYNA TROW TRN UA UNP USG VALE VRSN |
