MORNING UPDATE: PriceWatch Alerts for DDD and More... for 2014-12-29 |
MORNING UPDATE FOR DECEMBER 29, 2014 PriceWatch Alerts for DDD, VJET, XONE, QIHU and CLDX. 3D Systems (NYSE: DDD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $32.96 while selling the February $33.00 call will produce a new covered call with a break-even point around $30.56. At that price, this position has a target return of 8.0 %. This trade will have roughly 7.3 % downside protection, while still aiming for a 8.0 % return in 53 days. It will lock in that return as long as 3D Systems is above $33.00 on 2/20/2015. For comparison purposes only, this DDD covered call aims for an annualized return rate of 55.0%. Voxeljet (NYSE: VJET) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $9.20 while simultaneously selling the May $10.00 call will result in a new position with a target return of 23.5%. Based on recent prices, this position will cost about $8.10, which is also the trade?s breakeven point. At that level, this covered call has 12.0% downside protection, while still providing a 23.5% return in 137 days as long as VJET is above $10.00 on 5/15/2015. For comparison purposes only, this Voxeljet covered call aims for an annualized return rate of 62.5%. ExOne (NASDAQ: XONE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $17.97 while selling the May $20.00 call will produce a new covered call with a break-even point around $16.82. At that price, this position has a target return of 18.9%. This trade will have roughly 6.4% downside protection, while still aiming for a 18.9% return in 137 days. It will lock in that return as long as ExOne is above $20.00 on 5/15/2015. For comparison purposes only, this XONE covered call aims for an annualized return rate of 50.4%. Qihoo 360 Technology (NYSE: QIHU) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $62.50 call while at the same time buying QIHU stock for $60.74 will produce a new covered call with a target return of 9.7%. Based on recent data, this trade will cost about $56.99, which is also the covered call?s breakeven point. At that price, this covered call has 6.2% downside protection, while seeking an assigned return of 9.7% return in 53 days. If QIHU is higher than $62.50 on 2/20/2015, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 66.5%. Celldex Therapeutics (NASDAQ: CLDX) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the February $19.00 call while simultaneously buying CLDX stock for $18.24 will result in a new position with a break-even point around $16.69. At that price, this position has a target return of 13.8%. This trade has 8.5% downside protection, while still providing a 13.8% return in 53 days as long as CLDX is above $19.00 on 2/20/2015. For comparison purposes only, this Celldex Therapeutics covered call targets an annualized return rate of 95.3%. *Annualized returns are shown for comparison purposes only 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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STOCKS ON THE MOVE Rockwell Medical (RMTI), Goodrich Petroleum (GDP) and SeaWorld Entertainment (SEAS) are rising in pre-market trading, while Ambarella (AMBA), RF Micro Devices (RFMD) and Virgin America (VA) are falling. RF Micro Devices (RFMD) was downgraded. INTERNATIONAL MARKETS Asian markets were mixed Monday as Japanese stocks fell on reports of a possible Ebola outbreak in Tokyo, though the patient has since tested negative for Ebola. The Shanghai Composite was up 0.33% while the Nikkei fell 0.50%. European stocks are mixed today as Greek stocks take a tumble. The FTSE is up 0.18%, and the CAC 40 is down 0.45%. FUTURES & CURRENCIES West Texas Intermediate crude oil is up $0.78 to $55.51 while NYMEX natural gas is up $0.03 to $3.04. In metals, gold is down $1 to $1,195, silver is up $0.09 to $16.19 and platinum is trading at $1,218. The Dollar is down versus the Euro and up against the Yen. PUT/CALL RATIO Friday, 764,179 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 421,432 put contracts. The single-session put/call was 0.55, while the 20-day moving average is now at 0.65. TODAY'S ECONOMIC CALENDAR There are no economic reports scheduled for today. EARNINGS EXPECTED TODAY There are no earnings reports scheduled for today. This Morning Update was prepared with data and information provided by: PowerOptionsPlus.com - The Best Way To Find, Compare, Analyze, and Make Money On Option Investments - Forbes Best of the Web |