MORNING UPDATE: PriceWatch Alerts for VOD and More... for 2014-01-22 |
------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for VOD, ADBE, VIAB, and More... January 22 9:00 AM ET - PriceWatch Alerts for VOD, PETM, GME, STZ, JAZZ, ADBE, FL, CVC, GNC, MYL, VIAB, FFIV, NUS, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for VOD, PETM, GME, STZ, JAZZ, ADBE, FL, CVC, GNC, MYL, VIAB, FFIV, NUS, AMT and CZR. Vodafone Group (NASDAQ: VOD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $39.20 while selling the April $39.00 call will produce a new covered call with a break- even point around $37.47. At that price, this position has a target return of 4.1%. This trade will have roughly 4.4% downside protection, while still aiming for a 4.1% return in 87 days. It will lock in that return as long as Vodafone Group is above $39.00 on 4/19/2014. For comparison purposes only, this VOD covered call aims for an annualized return rate of 17.1%. PetSmart (NASDAQ: PETM) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $63.78 while simultaneously selling the April $65.00 call will result in a new position with a target return of 5.3%. Based on recent prices, this position will cost about $61.73, which is also the trade?s breakeven point. At that level, this covered call has 3.2% downside protection, while still providing a 5.3% return in 87 days as long as PETM is above $65.00 on 4/19/2014. For comparison purposes only, this PetSmart covered call aims for an annualized return rate of 22.2%. GameStop (NYSE: GME) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $38.21 while selling the March $38.00 call will produce a new covered call with a break-even point around $36.14. At that price, this position has a target return of 5.1%. This trade will have roughly 5.4% downside protection, while still aiming for a 5.1% return in 59 days. It will lock in that return as long as GameStop is above $38.00 on 3/22/2014. For comparison purposes only, this GME covered call aims for an annualized return rate of 31.8%. Constellation Brands (NYSE: STZ) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $75.00 call while at the same time buying STZ stock for $79.36 will produce a new covered call with a target return of 5.1%. Based on recent data, this trade will cost about $71.36, which is also the covered call?s breakeven point. At that price, this covered call has 10.1% downside protection, while seeking an assigned return of 5.1% return in 178 days. If STZ is higher than $75.00 on 7/19/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 10.5%. Jazz Pharmaceuticals (NASDAQ: JAZZ) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $145.00 call while simultaneously buying JAZZ stock for $153.17 will result in a new position with a break-even point around $138.47. At that price, this position has a target return of 4.7%. This trade has 9.6% downside protection, while still providing a 4.7% return in 59 days as long as JAZZ is above $145.00 on 3/22/2014. For comparison purposes only, this Jazz Pharmaceuticals covered call targets an annualized return rate of 29.1%. Adobe Systems (NASDAQ: ADBE) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $60.85 while simultaneously selling the April $60.00 call will result in a new position with a target return of 4.5%. Based on recent prices, this position will cost about $57.40, which is also the trade?s breakeven point. At that level, this covered call has 5.7% downside protection, while still providing a 4.5% return in 87 days as long as ADBE is above $60.00 on 4/19/2014. For comparison purposes only, this Adobe Systems covered call aims for an annualized return rate of 19.0%. Foot Locker (NYSE: FL) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $38.71 while selling the May $38.00 call will produce a new covered call with a break-even point around $36.36. At that price, this position has a target return of 4.5%. This trade will have roughly 6.1% downside protection, while still aiming for a 4.5% return in 115 days. It will lock in that return as long as Foot Locker is above $38.00 on 5/17/2014. For comparison purposes only, this FL covered call aims for an annualized return rate of 14.3%. Cablevision Systems (NYSE: CVC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $16.19 while simultaneously selling the June $16.00 call will result in a new position with a target return of 7.1%. Based on recent prices, this position will cost about $14.94, which is also the trade?s breakeven point. At that level, this covered call has 7.7% downside protection, while still providing a 7.1% return in 150 days as long as CVC is above $16.00 on 6/21/2014. For comparison purposes only, this Cablevision Systems covered call aims for an annualized return rate of 17.3%. GNC (NYSE: GNC) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $50.00 call while at the same time buying GNC stock for $52.55 will produce a new covered call with a target return of 5.6%. Based on recent data, this trade will cost about $47.35, which is also the covered call?s breakeven point. At that price, this covered call has 9.9% downside protection, while seeking an assigned return of 5.6% return in 150 days. If GNC is higher than $50.00 on 6/21/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 13.6%. Mylan Laboratories (NASDAQ: MYL) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $46.00 call while simultaneously buying MYL stock for $46.45 will result in a new position with a break-even point around $43.98. At that price, this position has a target return of 4.6%. This trade has 5.3% downside protection, while still providing a 4.6% return in 59 days as long as MYL is above $46.00 on 3/22/2014. For comparison purposes only, this Mylan Laboratories covered call targets an annualized return rate of 28.4%. Viacom (NASDAQ: VIAB) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $82.55 while selling the June $80.00 call will produce a new covered call with a break-even point around $76.85. At that price, this position has a target return of 4.1%. This trade will have roughly 6.9% downside protection, while still aiming for a 4.1% return in 150 days. It will lock in that return as long as Viacom is above $80.00 on 6/21/2014. For comparison purposes only, this VIAB covered call aims for an annualized return rate of 10.0%. F5 Networks (NASDAQ: FFIV) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $98.20 while selling the February $97.50 call will produce a new covered call with a break- even point around $92.95. At that price, this position has a target return of 4.9%. This trade will have roughly 5.3% downside protection, while still aiming for a 4.9% return in 31 days. It will lock in that return as long as F5 Networks is above $97.50 on 2/22/2014. For comparison purposes only, this FFIV covered call aims for an annualized return rate of 57.6%. Nu Skin Enterprises (NYSE: NUS) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $70.00 call while at the same time buying NUS stock for $77.39 will produce a new covered call with a target return of 5.6%. Based on recent data, this trade will cost about $66.29, which is also the covered call?s breakeven point. At that price, this covered call has 14.3% downside protection, while seeking an assigned return of 5.6% return in 31 days. If NUS is higher than $70.00 on 2/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 65.8%. American Tower (NYSE: AMT) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $83.63 while simultaneously selling the April $85.00 call will result in a new position with a target return of 4.3%. Based on recent prices, this position will cost about $81.53, which is also the trade?s breakeven point. At that level, this covered call has 2.5% downside protection, while still providing a 4.3% return in 87 days as long as AMT is above $85.00 on 4/19/2014. For comparison purposes only, this American Tower covered call aims for an annualized return rate of 17.8%. Caesars (NASDAQ: CZR) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the February $22.50 call while simultaneously buying CZR stock for $22.80 will result in a new position with a break-even point around $21.35. At that price, this position has a target return of 5.4%. This trade has 6.4% downside protection, while still providing a 5.4% return in 31 days as long as CZR is above $22.50 on 2/22/2014. For comparison purposes only, this Caesars covered call targets an annualized return rate of 63.3%. *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. 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 Most indices in Asia are higher after the overnight trading session. The Shanghai SEC rose 2.2% on the expectation that the Chinese central bank will continue its short-term loans to increase liquidity. Most other Asian markets finished in positive territory but by smaller amounts. The Mumbai Sensex added 0.4%, the Taiwan TSEC rose 0.3% and both the Hong Kong Hang Seng and the Japanese Nikkei 225 gained 0.2%. European markets are slightly lower for the most part this morning. Unemployment data in the United Kingdom showed a better result than expected, which fanned the flames of "good news is bad news" since it could mean an earlier end to easy monetary policy. The Swiss Market Index is down 0.5% at last check, while most other exchanges are only modestly lower. The English FTSE 100, French CAC 40 and German DAX are each lower by about 0.1%. In the futures pits, crude oil and other energy contracts are moving higher, with front-month West Texas Intermediate at $95.45, up 0.5%. Heating oil and gasoline are higher by less than a penny each, while natural gas is advancing more than 2%. Gold and other metals are all nearly unchanged today. The U.S. Dollar is stronger against the Yen but weaker versus the Euro. Bitcoins are trading at $829 and have seemed to settle some in the past few days at this level. PUT/CALL RATIO Yesterday, 1,492,797 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 857,055 put contracts. The single-session put/call was 0.57, while the 20-day moving average is now at 0.52. 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 $85.50 and is above resistance. TODAY'S ECONOMIC CALENDAR 07:00 AM 1/18 MBA Mortgage Index EARNINGS EXPECTED TODAY ABT ASML COH EAT EBAY FCX FFIV GD INVN LCC LSI MSI NFLX NSC SNDK STJ TER USB WDC 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 |