MORNING UPDATE: PriceWatch Alerts for TSLA and More... for 2014-02-19 |
------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for ACT, SODA, TSLA and More... February 19 9:00 AM ET - PriceWatch Alerts for ACT, ATHN, SGEN, JPM, SODA, TSLA, LINE, ADBE, FOXA, VJET, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for ACT, ATHN, SGEN, JPM, SODA, TSLA, LINE, ADBE, FOXA and VJET. Actavis (NYSE: ACT) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $201.47 while selling the May $200.00 call will produce a new covered call with a break-even point around $190.17. At that price, this position has a target return of 5.2%. This trade will have roughly 5.6% downside protection, while still aiming for a 5.2% return in 87 days. It will lock in that return as long as Actavis is above $200.00 on 5/17/2014. For comparison purposes only, this ACT covered call aims for an annualized return rate of 21.6%. Athenahealth (NASDAQ: ATHN) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $193.51 while simultaneously selling the March $195.00 call will result in a new position with a target return of 4.7%. Based on recent prices, this position will cost about $186.16, which is also the trade?s breakeven point. At that level, this covered call has 3.8% downside protection, while still providing a 4.7% return in 31 days as long as ATHN is above $195.00 on 3/22/2014. For comparison purposes only, this Athenahealth covered call aims for an annualized return rate of 55.8%. Seattle Genetics (NASDAQ: SGEN) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $52.12 while selling the June $50.00 call will produce a new covered call with a break-even point around $45.32. At that price, this position has a target return of 10.3%. This trade will have roughly 13.0% downside protection, while still aiming for a 10.3% return in 122 days. It will lock in that return as long as Seattle Genetics is above $50.00 on 6/21/2014. For comparison purposes only, this SGEN covered call aims for an annualized return rate of 30.9%. JPMorgan (NYSE: JPM) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the May $60.00 call while at the same time buying JPM stock for $58.49 will produce a new covered call with a target return of 4.9%. Based on recent data, this trade will cost about $57.21, 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 4.9% return in 87 days. If JPM is higher than $60.00 on 5/17/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 20.4%. SodaStream (NASDAQ: SODA) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $40.00 call while simultaneously buying SODA stock for $40.54 will result in a new position with a break-even point around $36.64. At that price, this position has a target return of 9.2%. This trade has 9.6% downside protection, while still providing a 9.2% return in 31 days as long as SODA is above $40.00 on 3/22/2014. For comparison purposes only, this SodaStream covered call targets an annualized return rate of 108.0%. Tesla (NASDAQ: TSLA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $203.70 while selling the March $190.00 call will produce a new covered call with a break-even point around $180.15. At that price, this position has a target return of 5.5%. This trade will have roughly 11.6% downside protection, while still aiming for a 5.5% return in 31 days. It will lock in that return as long as Tesla is above $190.00 on 3/22/2014. For comparison purposes only, this TSLA covered call aims for an annualized return rate of 64.3%. Linn Energy (NASDAQ: LINE) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $33.06 while simultaneously selling the July $33.00 call will result in a new position with a target return of 4.7%. Based on recent prices, this position will cost about $31.51, which is also the trade?s breakeven point. At that level, this covered call has 4.7% downside protection, while still providing a 4.7% return in 150 days as long as LINE is above $33.00 on 7/19/2014. For comparison purposes only, this Linn Energy covered call aims for an annualized return rate of 11.5%. Adobe Systems (NASDAQ: ADBE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $68.66 while selling the July $67.50 call will produce a new covered call with a break-even point around $63.41. At that price, this position has a target return of 6.5%. This trade will have roughly 7.6% downside protection, while still aiming for a 6.5% return in 150 days. It will lock in that return as long as Adobe Systems is above $67.50 on 7/19/2014. For comparison purposes only, this ADBE covered call aims for an annualized return rate of 15.7%. Twenty-First Century Fox (NASDAQ: FOXA) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $33.00 call while at the same time buying FOXA stock for $33.03 will produce a new covered call with a target return of 6.0%. Based on recent data, this trade will cost about $31.13, which is also the covered call?s breakeven point. At that price, this covered call has 5.8% downside protection, while seeking an assigned return of 6.0% return in 150 days. If FOXA is higher than $33.00 on 7/19/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 14.6%. Voxeljet (NYSE: VJET) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $32.50 call while simultaneously buying VJET stock for $34.68 will result in a new position with a break-even point around $30.58. At that price, this position has a target return of 6.3%. This trade has 11.8% downside protection, while still providing a 6.3% return in 31 days as long as VJET is above $32.50 on 3/22/2014. For comparison purposes only, this Voxeljet covered call targets an annualized return rate of 73.8%. *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. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting- instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW In Asia, stock markets were mostly positive overnight. Though the Nikkei 225 retreated 0.5% just one day after a large gain, the Shanghai SEC rose more than 1%. The Hong Kong Hang Seng, Taiwan TSEC and Mumbai Sensex were all up less than half a percent. European trading on the other hand is relatively bearish so far this morning. The FTSE 100 and German DAX are both down 0.5%, while the French CAC 40 and Euronext 100 are closer to break-even. The United Kingdom announced its unemployment rate unexpectedly rose in December. West Texas Intermediate crude oil futures have topped $102 level, up another 0.3% this morning. Heating oil and gasoline are essentially flat, while the new front-month natural gas is up more than 3% but is below $5 due to the monthly rotation. Gold is down 0.5% at $1,318 after touching $1,332 on Tuesday. The U.S. Dollar is stronger against the Euro and most other international currencies but weaker versus the Yen. The Bitcoin global average seems settled now above $600 at $624 currently. PUT/CALL RATIO Yesterday, 1,231,461 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 749,959 put contracts. The single-session put/call was 0.61, while the 20-day moving average is now at 0.6. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $182 and is above resistance. The Nasdaq 100 (QQQ) has support at $87 and is above resistance. TODAY'S ECONOMIC CALENDAR 07:00 AM 2/15 MBA Mortgage Index 08:30 AM Jan Housing Starts 08:30 AM Jan Building Permits 08:30 AM Jan PPI 08:30 AM Jan Core PPI 02:00 PM 1/29 FOMC Minutes EARNINGS EXPECTED TODAY AU AWAY BAS CAR GRMN LEAP LL LOCK MAR MGM RMAX SUNE TSLA 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 |