MORNING UPDATE: PriceWatch Alerts for GLD and More... for 2014-09-10 |
| MORNING UPDATE FOR SEPTEMBER, 2014 PriceWatch Alerts for GILD, SLB, SCHW, TRLA, SPLS, SBUX, GLW, TEVA, BZH, and IMAX. PriceWatch Alerts for WB, WMB, ECYT, BDBD, GOLD, GLD, BSFT, QCOM, ATVI, LULU, BBRY, DLTR, KNDI, LEN and RTN. Weibo (NASDAQ: WB) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $21.50 while selling the January $22.00 call will produce a new covered call with a break-even point around $19.65. At that price, this position has a target return of 12.0%. This trade will have roughly 8.6% downside protection, while still aiming for a 12.0% return in 129 days. It will lock in that return as long as Weibo is above $22.00 on 1/17/2015. For comparison purposes only, this WB covered call aims for an annualized return rate of 33.8%. Williams Companies (NYSE: WMB) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $57.46 while simultaneously selling the January $60.00 call will result in a new position with a target return of 6.9%. Based on recent prices, this position will cost about $56.14, which is also the trade?s breakeven point. At that level, this covered call has 2.3% downside protection, while still providing a 6.9% return in 129 days as long as WMB is above $60.00 on 1/17/2015. For comparison purposes only, this Williams Companies covered call aims for an annualized return rate of 19.4%. Endocyte (NASDAQ: ECYT) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $8.04 while selling the January $9.00 call will produce a new covered call with a break-even point around $6.89. At that price, this position has a target return of 30.6%. This trade will have roughly 14.3% downside protection, while still aiming for a 30.6% return in 129 days. It will lock in that return as long as Endocyte is above $9.00 on 1/17/2015. For comparison purposes only, this ECYT covered call aims for an annualized return rate of 86.6%. Boulder Brands (NASDAQ: BDBD) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the December $15.00 call while at the same time buying BDBD stock for $14.41 will produce a new covered call with a target return of 11.9%. Based on recent data, this trade will cost about $13.40, which is also the covered call?s breakeven point. At that price, this covered call has 7.0% downside protection, while seeking an assigned return of 11.9% return in 101 days. If BDBD is higher than $15.00 on 12/20/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 43.1%. Randgold Resources (NASDAQ: GOLD) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the December $77.50 call while simultaneously buying GOLD stock for $76.61 will result in a new position with a break-even point around $72.96. At that price, this position has a target return of 6.2%. This trade has 4.8% downside protection, while still providing a 6.2% return in 101 days as long as GOLD is above $77.50 on 12/20/2014. For comparison purposes only, this Randgold Resources covered call targets an annualized return rate of 22.5%. Gold SPDR (AMEX: GLD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $120.87 while selling the December $125.00 call will produce a new covered call with a break-even point around $119.03. At that price, this position has a target return of 5.0%. This trade will have roughly 1.5% downside protection, while still aiming for a 5.0% return in 101 days. It will lock in that return as long as Gold SPDR is above $125.00 on 12/20/2014. For comparison purposes only, this GLD covered call aims for an annualized return rate of 18.1%. Broadsoft (NASDAQ: BSFT) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $22.91 while simultaneously selling the November $25.00 call will result in a new position with a target return of 14.6%. Based on recent prices, this position will cost about $21.81, which is also the trade?s breakeven point. At that level, this covered call has 4.8% downside protection, while still providing a 14.6% return in 73 days as long as BSFT is above $25.00 on 11/22/2014. For comparison purposes only, this Broadsoft covered call aims for an annualized return rate of 73.1%. Qualcomm (NASDAQ: QCOM) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $75.84 while selling the November $77.50 call will produce a new covered call with a break-even point around $74.29. At that price, this position has a target return of 4.3%. This trade will have roughly 2.0% downside protection, while still aiming for a 4.3% return in 73 days. It will lock in that return as long as Qualcomm is above $77.50 on 11/22/2014. For comparison purposes only, this QCOM covered call aims for an annualized return rate of 21.6%. Activision (NASDAQ: ATVI) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the November $24.00 call while at the same time buying ATVI stock for $23.73 will produce a new covered call with a target return of 5.8%. Based on recent data, this trade will cost about $22.69, 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 5.8% return in 73 days. If ATVI is higher than $24.00 on 11/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 28.9%. Lululemon Athletica (NASDAQ: LULU) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the October $40.00 call while simultaneously buying LULU stock for $38.68 will result in a new position with a break-even point around $37.08. At that price, this position has a target return of 7.9%. This trade has 4.1% downside protection, while still providing a 7.9% return in 38 days as long as LULU is above $40.00 on 10/18/2014. For comparison purposes only, this Lululemon Athletica covered call targets an annualized return rate of 75.6%. Blackberry (NASDAQ: BBRY) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $10.26 while selling the January $10.00 call will produce a new covered call with a break-even point around $8.88. At that price, this position has a target return of 12.6%. This trade will have roughly 13.5% downside protection, while still aiming for a 12.6% return in 129 days. It will lock in that return as long as Blackberry is above $10.00 on 1/17/2015. For comparison purposes only, this BBRY covered call aims for an annualized return rate of 35.7%. Dollar Tree (NASDAQ: DLTR) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $55.91 while simultaneously selling the November $57.50 call will result in a new position with a target return of 5.7%. Based on recent prices, this position will cost about $54.41, which is also the trade?s breakeven point. At that level, this covered call has 2.7% downside protection, while still providing a 5.7% return in 73 days as long as DLTR is above $57.50 on 11/22/2014. For comparison purposes only, this Dollar Tree covered call aims for an annualized return rate of 28.4%. Kandi Technologies (NASDAQ: KNDI) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $15.72 while selling the October $16.00 call will produce a new covered call with a break-even point around $14.47. At that price, this position has a target return of 10.6%. This trade will have roughly 8.0% downside protection, while still aiming for a 10.6% return in 38 days. It will lock in that return as long as Kandi Technologies is above $16.00 on 10/18/2014. For comparison purposes only, this KNDI covered call aims for an annualized return rate of 101.5%. Lennar (NYSE: LEN) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the November $40.00 call while at the same time buying LEN stock for $39.11 will produce a new covered call with a target return of 6.8%. Based on recent data, this trade will cost about $37.46, which is also the covered call?s breakeven point. At that price, this covered call has 4.2% downside protection, while seeking an assigned return of 6.8% return in 73 days. If LEN is higher than $40.00 on 11/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 33.9%. Raytheon (NYSE: RTN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the February $105.00 call while simultaneously buying RTN stock for $99.34 will result in a new position with a break-even point around $97.44. At that price, this position has a target return of 7.8%. This trade has 1.9% downside protection, while still providing a 7.8% return in 163 days as long as RTN is above $105.00 on 2/20/2015. For comparison purposes only, this Raytheon covered call targets an annualized return rate of 17.4%. *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. 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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INTERNATIONAL MARKETS Asian markets were also down Wednesday, after the Chinese government announced a slowing of money supply growth. The Hang Seng was down 1.93% and the Shanghai Composite was down 0.35%. Following the Asian and U.S. leads, European markets are down this morning. The CAC 40 is down 0.07%, and the DAX is down 0.02%. FUTURES & CURRENCIES Energy futures are lower this morning, with West Texas Intermediate Crude down $0.30 to $92.45 and NYMEX Natural Gas down $0.03 to $3.96. Gold is up $2.40 to $1,248.84, while Platinum has made a sharp, $26 downward move in the last 24 hours, to $1,384. PUT/CALL RATIO Yesterday, 1,298,158 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 759,590 put contracts. The single-session put/call was 0.59, while the 20-day moving average is now at 0.6. TODAY'S ECONOMIC CALENDAR 07:00 AM 9/06 MBA Mortgage Index 10:00 AM Jul Wholesale Inventories 10:30 AM 9/06 Crude Inventories EARNINGS EXPECTED TODAY FIVE MW VRA 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 |
