MORNING UPDATE: PriceWatch Alerts for SSYS and More... for 2013-12-23 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for SSYS, CTRP, INTC and More... December 23, 9:00 AM ET - PriceWatch Alerts for SSYS, REGN, CTRP, PAYX, TSN, INTC, SCTY, MGM, GMCR, SODA, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for SSYS, REGN, CTRP, PAYX, TSN, INTC, SCTY, MGM, GMCR and SODA. Stratasys (NASDAQ: SSYS) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $125.87 while selling the January $125.00 call will produce a new covered call with a break-even point around $119.77. At that price, this position has a target return of 4.4%. This trade will have roughly 4.8% downside protection, while still aiming for a 4.4% return in 26 days. It will lock in that return as long as Stratasys is above $125.00 on 1/18/2014. For comparison purposes only, this SSYS covered call aims for an annualized return rate of 61.2%. Regeneron Pharmaceuticals (NASDAQ: REGN) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $278.69 while simultaneously selling the February $275.00 call will result in a new position with a target return of 7.3%. Based on recent prices, this position will cost about $256.29, which is also the trade?s breakeven point. At that level, this covered call has 8.0% downside protection, while still providing a 7.3% return in 61 days as long as REGN is above $275.00 on 2/22/2014. For comparison purposes only, this Regeneron Pharmaceuticals covered call aims for an annualized return rate of 43.7%. Ctrip.com (NASDAQ: CTRP) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $48.68 while selling the January $48.00 call will produce a new covered call with a break-even point around $46.03. At that price, this position has a target return of 4.3%. This trade will have roughly 5.4% downside protection, while still aiming for a 4.3% return in 26 days. It will lock in that return as long as Ctrip.com is above $48.00 on 1/18/2014. For comparison purposes only, this CTRP covered call aims for an annualized return rate of 59.9%. Paychex (NASDAQ: PAYX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $46.00 call while at the same time buying PAYX stock for $45.15 will produce a new covered call with a target return of 4.8%. Based on recent data, this trade will cost about $43.90, which is also the covered call?s breakeven point. At that price, this covered call has 2.8% downside protection, while seeking an assigned return of 4.8% return in 180 days. If PAYX is higher than $46.00 on 6/21/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 9.7%. Tyson Foods (NYSE: TSN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $33.00 call while simultaneously buying TSN stock for $33.21 will result in a new position with a break-even point around $31.31. At that price, this position has a target return of 5.4%. This trade has 5.7% downside protection, while still providing a 5.4% return in 117 days as long as TSN is above $33.00 on 4/19/2014. For comparison purposes only, this Tyson Foods covered call targets an annualized return rate of 16.8%. Intel (NASDAQ: INTC) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $25.06 while selling the April $25.00 call will produce a new covered call with a break-even point around $23.97. At that price, this position has a target return of 4.3%. This trade will have roughly 4.3% downside protection, while still aiming for a 4.3% return in 117 days. It will lock in that return as long as Intel is above $25.00 on 4/19/2014. For comparison purposes only, this INTC covered call aims for an annualized return rate of 13.4%. SolarCity (NASDAQ: SCTY) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $55.80 while simultaneously selling the January $55.00 call will result in a new position with a target return of 7.0%. Based on recent prices, this position will cost about $51.40, which is also the trade?s breakeven point. At that level, this covered call has 7.9% downside protection, while still providing a 7.0% return in 26 days as long as SCTY is above $55.00 on 1/18/2014. For comparison purposes only, this SolarCity covered call aims for an annualized return rate of 98.3%. MGM Mirage (NYSE: MGM) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $22.72 while selling the February $23.00 call will produce a new covered call with a break-even point around $21.58. At that price, this position has a target return of 6.6%. This trade will have roughly 5.0% downside protection, while still aiming for a 6.6% return in 61 days. It will lock in that return as long as MGM Mirage is above $23.00 on 2/22/2014. For comparison purposes only, this MGM covered call aims for an annualized return rate of 39.4%. Green Mountain Coffee Roasters (NASDAQ: GMCR) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $72.50 call while at the same time buying GMCR stock for $77.25 will produce a new covered call with a target return of 6.0%. Based on recent data, this trade will cost about $68.40, which is also the covered call?s breakeven point. At that price, this covered call has 11.5% downside protection, while seeking an assigned return of 6.0% return in 61 days. If GMCR is higher than $72.50 on 2/22/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 35.8%. 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 April $50.00 call while simultaneously buying SODA stock for $54.50 will result in a new position with a break-even point around $46.70. At that price, this position has a target return of 7.1%. This trade has 14.3% downside protection, while still providing a 7.1% return in 117 days as long as SODA is above $50.00 on 4/19/2014. For comparison purposes only, this SodaStream covered call targets an annualized return rate of 22.0%. *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. 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NEWS LEADERS AND LAGGARDS Ariad Pharmaceuticals (ARIA), Dendreon (DNDN) and Apple (AAPL) are headed higher this morning, while Boston Scientific (BSX), Micron (MU) and Bristol-Meyers Squibb (BMY) are headed lower. Ariad Pharmaceuticals (ARIA) and Fortinet (FTNT) were upgraded by analysts this morning, while there were no major analyst downgrades. MARKET OVERVIEW Asian markets made modest gains to start the week, with the Taiwan TSEC adding 0.6 and the Hong Kong Hang Seng rising 0.5%overnight. The Nikkei 225 was slightly in positive territory along with the Shanghai SEC. In Europe, the German DAX and the FTSE 100 are making significant gains so far this morning, but the French CAC 40 and Euronext 100 are nearly unchanged from the end of last week. Crude oil futures are retreating slightly this morning, with the front-month West Texas Intermediate crude oil contract down a quarter at $99.10. Natural gas is up by 2%, while heating oil and gasoline are both lower. Gold is down a small amount, just barely below $1,200. The U.S. Dollar is weaker versus both the Euro and the Yen, while Bitcoins have slid all weekend and are back down to $615 this morning. PUT/CALL RATIO Friday, 1,674,286 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 831,986 put contracts. The single-session put/call was 0.5, 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 $175.50 and is above resistance. The Nasdaq 100 (QQQ) has support at $83.50 and is above resistance. TODAY'S ECONOMIC CALENDAR 08:30 AM Nov Personal Income 08:30 AM Nov Personal Spending 08:30 AM Nov PCE Prices ? Core 09:55 AM Dec Michegan Sentiment - Final EARNINGS EXPECTED TODAY PZE 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 |
