MORNING UPDATE: PriceWatch Alerts for ILMN and More... for 2014-03-13 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for XOM, ILMN, JPM and More... March 13, 9:00 AM ET - PriceWatch Alerts for XOM, SHLD, MA, BUD, ILMN, IBM, MMM, SINA, AMGN, JPM, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for XOM, SHLD, MA, BUD, ILMN, IBM, MMM, SINA, AMGN and JPM. Exxon Mobil (NYSE: XOM) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $94.21 while selling the May $97.50 call will produce a new covered call with a break-even point around $93.11. At that price, this position has a target return of 4.7%. This trade will have roughly 1.2% downside protection, while still aiming for a 4.7% return in 65 days. It will lock in that return as long as Exxon Mobil is above $97.50 on 5/17/2014. For comparison purposes only, this XOM covered call aims for an annualized return rate of 26.4%. Sears (NASDAQ: SHLD) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $46.90 while simultaneously selling the April $46.00 call will result in a new position with a target return of 7.0%. Based on recent prices, this position will cost about $43.00, which is also the trade?s breakeven point. At that level, this covered call has 8.3% downside protection, while still providing a 7.0% return in 37 days as long as SHLD is above $46.00 on 4/19/2014. For comparison purposes only, this Sears covered call aims for an annualized return rate of 68.8%. MasterCard (NYSE: MA) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $78.34 while simultaneously selling the July $78.00 call will result in a new position with a target return of 5.7%. Based on recent prices, this position will cost about $73.79, which is also the trade?s breakeven point. At that level, this covered call has 5.8% downside protection, while still providing a 5.7% return in 128 days as long as MA is above $78.00 on 7/19/2014. For comparison purposes only, this MasterCard covered call aims for an annualized return rate of 16.3%. Anheuser-Busch InBev (NYSE: BUD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $102.16 while selling the September $105.00 call will produce a new covered call with a break-even point around $98.36. At that price, this position has a target return of 6.8%. This trade will have roughly 3.7% downside protection, while still aiming for a 6.8% return in 191 days. It will lock in that return as long as Anheuser-Busch InBev is above $105.00 on 9/20/2014. For comparison purposes only, this BUD covered call aims for an annualized return rate of 12.9%. Illumina (NASDAQ: ILMN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $165.00 call while simultaneously buying ILMN stock for $168.82 will result in a new position with a break-even point around $157.92. At that price, this position has a target return of 4.5%. This trade has 6.5% downside protection, while still providing a 4.5% return in 37 days as long as ILMN is above $165.00 on 4/19/2014. For comparison purposes only, this Illumina covered call targets an annualized return rate of 44.2%. International Business Machines (NYSE: IBM) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $186.22 while selling the June $190.00 call will produce a new covered call with a break- even point around $181.77. At that price, this position has a target return of 4.5%. This trade will have roughly 2.4% downside protection, while still aiming for a 4.5% return in 100 days. It will lock in that return as long as International Business Machines is above $190.00 on 6/21/2014. For comparison purposes only, this IBM covered call aims for an annualized return rate of 16.5%. 3M (NYSE: MMM) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $132.57 while simultaneously selling the July $135.00 call will result in a new position with a target return of 4.8%. Based on recent prices, this position will cost about $128.87, which is also the trade?s breakeven point. At that level, this covered call has 2.8% downside protection, while still providing a 4.8% return in 128 days as long as MMM is above $135.00 on 7/19/2014. For comparison purposes only, this 3M covered call aims for an annualized return rate of 13.5%. SINA com (NASDAQ: SINA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $69.00 while selling the April $67.50 call will produce a new covered call with a break-even point around $64.05. At that price, this position has a target return of 5.4%. This trade will have roughly 7.2% downside protection, while still aiming for a 5.4% return in 37 days. It will lock in that return as long as SINA com is above $67.50 on 4/19/2014. For comparison purposes only, this SINA covered call aims for an annualized return rate of 53.1%. Amgen (NASDAQ: AMGN) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $125.98 while simultaneously selling the April $130.00 call will result in a new position with a target return of 5.0%. Based on recent prices, this position will cost about $123.83, which is also the trade?s breakeven point. At that level, this covered call has 1.7% downside protection, while still providing a 5.0% return in 37 days as long as AMGN is above $130.00 on 4/19/2014. For comparison purposes only, this Amgen covered call aims for an annualized return rate of 49.1%. JPMorgan (NYSE: JPM) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $60.00 call while at the same time buying JPM stock for $57.92 will produce a new covered call with a target return of 6.0%. Based on recent data, this trade will cost about $56.62, which is also the covered call?s breakeven point. At that price, this covered call has 2.2% downside protection, while seeking an assigned return of 6.0% return in 100 days. If JPM is higher than $60.00 on 6/21/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 21.8%. *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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MARKET OVERVIEW Stock performance in Asia overnight was varied, with the Shanghai SEC gaining 1.1% and the Taiwan TSEC adding 0.7%, but the Hong Kong Hang Seng dropping 0.7%. The Indian Sensex and Japanese Nikkei also moved lower, but now by as much. Chinese retail sales and industrial output both came in weak, while an Australian employment report showed stronger than expected jobs growth in that country, resulting in gains for Australian stocks. Most European markets are little changed so far this morning but slightly lower. The FTSE 100, French CAC 40 and Euronext 100 are all down by 0.2% or less at last check. Traders in Germany were more upbeat as the DAX is higher by 0.2%. Crude oil and other energy futures basically unchanged this morning. West Texas Intermediate is higher by 0.2% while gasoline and heating oil are down less than one penny and natural gas is down 1.1%. Gold down a small amount, along with silver and copper. The U.S. Dollar is slightly weaker against all major world currencies and the Bitcoin global average is up about 1.1% to $643. PUT/CALL RATIO Yesterday, 949,706 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 672,270 put contracts. The single-session put/call was 0.71, while the 20-day moving average is now at 0.58. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $182.50 and is above resistance. The Nasdaq 100 (QQQ) has support at $88 and is above resistance. TODAY'S ECONOMIC CALENDAR 08:30 AM 3/08 Initial Claims 08:30 AM 3/01 Continuing Claims 08:30 AM Feb Retail Sales 08:30 AM Feb Retails Sales ex-Auto 08:30 AM Feb Export Prices ex-ag 08:30 AM Feb Import Prices ex-oil 10:00 AM Jan Business Inventories 10:30 AM 3/08 Natural Gas Inventories 02:00 PM Feb Treasury Budget EARNINGS EXPECTED TODAY BODY DG PLUG RPTP TEAR ULTA XON 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 Winner. InvestorsObserver -- Better Strategies for Making Money in Up, Down, and Flat Markets -> Get Started with InvestosObserver's 100% Free Essentials Service: http://www.poweropt.com/io All stocks and options shown are examples only. These are not recommendations to buy or sell any security and they do not represent in any way a positive or negative outlook for any security. Potential returns do not take into account your trade size, brokerage commissions, taxes or our subscription fees which will affect actual investment returns. Stocks and options involve risk and are not suitable for all investors and investing in |
