MORNING UPDATE: PriceWatch Alerts for ADSK and More... for 2014-02-05 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for ADSK, COP, CBS and More... February 5, 9:00 AM ET - PriceWatch Alerts for ADSK, JOBS, HPQ, SCHW, UNH, COP, WDC, SNE, P, MS, CBS, NOV, LVS, DOW, FCX, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for ADSK, JOBS, HPQ, SCHW, UNH, COP, WDC, SNE, P, MS, CBS, NOV, LVS, DOW and FCX. Autodesk (NASDAQ: ADSK) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $50.12 while selling the March $50.00 call will produce a new covered call with a break-even point around $47.22. At that price, this position has a target return of 5.9%. This trade will have roughly 5.8% downside protection, while still aiming for a 5.9% return in 45 days. It will lock in that return as long as Autodesk is above $50.00 on 3/22/2014. For comparison purposes only, this ADSK covered call aims for an annualized return rate of 47.7%. 51Job (NASDAQ: JOBS) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $72.48 while simultaneously selling the April $70.00 call will result in a new position with a target return of 4.4%. Based on recent prices, this position will cost about $67.03, which is also the trade?s breakeven point. At that level, this covered call has 7.5% downside protection, while still providing a 4.4% return in 73 days as long as JOBS is above $70.00 on 4/19/2014. For comparison purposes only, this 51Job covered call aims for an annualized return rate of 22.2%. Hewlett Packard (NYSE: HPQ) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the March $28.00 call while at the same time buying HPQ stock for $28.33 will produce a new covered call with a target return of 5.1%. Based on recent data, this trade will cost about $26.65, which is also the covered call?s breakeven point. At that price, this covered call has 5.9% downside protection, while seeking an assigned return of 5.1% return in 45 days. If HPQ is higher than $28.00 on 3/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 41.0%. Schwab (NYSE: SCHW) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $24.13 while simultaneously selling the June $24.00 call will result in a new position with a target return of 6.3%. Based on recent prices, this position will cost about $22.58, which is also the trade?s breakeven point. At that level, this covered call has 6.4% downside protection, while still providing a 6.3% return in 136 days as long as SCHW is above $24.00 on 6/21/2014. For comparison purposes only, this Schwab covered call aims for an annualized return rate of 16.9%. UnitedHealth Group (NYSE: UNH) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $70.00 call while simultaneously buying UNH stock for $70.51 will result in a new position with a break-even point around $66.51. At that price, this position has a target return of 5.2%. This trade has 5.7% downside protection, while still providing a 5.2% return in 136 days as long as UNH is above $70.00 on 6/21/2014. For comparison purposes only, this UnitedHealth Group covered call targets an annualized return rate of 14.1%. ConocoPhillips (NYSE: COP) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $63.71 while selling the August $67.50 call will produce a new covered call with a break- even point around $62.46. At that price, this position has a target return of 8.1%. This trade will have roughly 2.0% downside protection, while still aiming for a 8.1% return in 192 days. It will lock in that return as long as ConocoPhillips is above $67.50 on 8/16/2014. For comparison purposes only, this COP covered call aims for an annualized return rate of 15.3%. Western Digital (NYSE: WDC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $83.50 while simultaneously selling the April $82.50 call will result in a new position with a target return of 5.4%. Based on recent prices, this position will cost about $78.30, which is also the trade?s breakeven point. At that level, this covered call has 6.2% downside protection, while still providing a 5.4% return in 73 days as long as WDC is above $82.50 on 4/19/2014. For comparison purposes only, this Western Digital covered call aims for an annualized return rate of 26.8%. Sony (NYSE: SNE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $16.10 while selling the July $16.00 call will produce a new covered call with a break-even point around $14.55. At that price, this position has a target return of 10.0%. This trade will have roughly 9.6% downside protection, while still aiming for a 10.0% return in 164 days. It will lock in that return as long as Sony is above $16.00 on 7/19/2014. For comparison purposes only, this SNE covered call aims for an annualized return rate of 22.2%. Pandora (NYSE: P) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $35.00 call while at the same time buying P stock for $35.80 will produce a new covered call with a target return of 6.9%. Based on recent data, this trade will cost about $32.75, which is also the covered call?s breakeven point. At that price, this covered call has 8.5% downside protection, while seeking an assigned return of 6.9% return in 17 days. If P is higher than $35.00 on 2/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 147.5%. Morgan Stanley (NYSE: MS) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $29.00 call while simultaneously buying MS stock for $29.02 will result in a new position with a break-even point around $27.85. At that price, this position has a target return of 4.1%. This trade has 4.0% downside protection, while still providing a 4.1% return in 45 days as long as MS is above $29.00 on 3/22/2014. For comparison purposes only, this Morgan Stanley covered call targets an annualized return rate of 33.4%. CBS (NYSE: CBS) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $57.87 while selling the June $55.00 call will produce a new covered call with a break-even point around $52.37. At that price, this position has a target return of 5.0%. This trade will have roughly 9.5% downside protection, while still aiming for a 5.0% return in 136 days. It will lock in that return as long as CBS is above $55.00 on 6/21/2014. For comparison purposes only, this CBS covered call aims for an annualized return rate of 13.5%. National Oilwell Varco (NYSE: NOV) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $74.50 while simultaneously selling the August $72.50 call will result in a new position with a target return of 5.4%. Based on recent prices, this position will cost about $68.80, which is also the trade?s breakeven point. At that level, this covered call has 7.7% downside protection, while still providing a 5.4% return in 192 days as long as NOV is above $72.50 on 8/16/2014. For comparison purposes only, this National Oilwell Varco covered call aims for an annualized return rate of 10.2%. Las Vegas Sands (NYSE: LVS) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $74.51 while selling the March $75.00 call will produce a new covered call with a break- even point around $71.81. At that price, this position has a target return of 4.4%. This trade will have roughly 3.6% downside protection, while still aiming for a 4.4% return in 45 days. It will lock in that return as long as Las Vegas Sands is above $75.00 on 3/22/2014. For comparison purposes only, this LVS covered call aims for an annualized return rate of 36.0%. Dow Chemical (NYSE: DOW) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $44.00 call while at the same time buying DOW stock for $44.95 will produce a new covered call with a target return of 5.4%. Based on recent data, this trade will cost about $41.75, which is also the covered call?s breakeven point. At that price, this covered call has 7.1% downside protection, while seeking an assigned return of 5.4% return in 136 days. If DOW is higher than $44.00 on 6/21/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 14.4%. Freeport McMoran (NYSE: FCX) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $30.00 call while simultaneously buying FCX stock for $30.91 will result in a new position with a break-even point around $28.79. At that price, this position has a target return of 4.2%. This trade has 6.9% downside protection, while still providing a 4.2% return in 73 days as long as FCX is above $30.00 on 4/19/2014. For comparison purposes only, this Freeport McMoran covered call targets an annualized return rate of 21.0%. *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. NEWS LEADERS AND LAGGARDS Myriad Genetics (MYGN), Merck (MRK) and Ralph Lauren (RL) are rising this morning, while CH Robinson Worldwide (CHRW), Wynn Resorts (WYNN) and CVS/Caremark (CVS) are falling. Zions Bancorporation (ZION) and Benchmark Electronics (BHE) were upgraded by analysts this morning, while Sirius XM Radio (SIRI) and Century Aluminum (CENX) were downgraded. MARKET OVERVIEW Overseas, there was a mixed bag. In Asia, Japanese stocks rose, lifting the Nikkei 225 by 1.2%, but the Taiwan TSEC reopened and booked a 2.3% loss. Japanese companies Sony (SNE), Panasonic and Toyota (TM) each rose at least 4%. Mainland China continued its extended market holiday. European markets embraced the rebound in the U.S. and followed suit so far this morning. Most continental indices are slightly higher, including the FTSE 100 and the Swiss Market Index each up 0.3%, plus the Euronext 100 and French CAC 40 higher by 0.2%. Spanish economic data provided a boost when that country reported increased employment for the first time in six years. Energy futures are higher across the board this morning by moderate amounts. West Texas Intermediate crude oil is up $0.50 at $97.69. Natural Gas is now above $5.50, up another 3%. Metals are all higher, including gold, which is up 0.7% to $1,259. Silver is higher by more than 1%. The U.S. Dollar is weaker against almost all other currencies, including both the Yen and the Euro. The Bitcoin global average is up to $834. PUT/CALL RATIO Yesterday, 1,159,295 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 693,919 put contracts. The single-session put/call was 0.6, while the 20-day moving average is now at 0.56. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $171 and resistance at $182. The Nasdaq 100 (QQQ) has support at $79 and resistance at $86. TODAY'S ECONOMIC CALENDAR 07:00 AM 2/21 MBA Mortgage Index 08:15 AM Jan ADP Employment Change 10:00 AM Jan ISM Services 10:30 AM 2/01 Crude Inventories EARNINGS EXPECTED TODAY ADP AGN AKAM ALL ATML CCE DIS EL ELN GSK MRK NDLS NICE P PRU RL SFLY TWO TWTR TWX YELP 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 |
