MORNING UPDATE: PriceWatch Alerts for DDD and More... for 2013-12-17 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for CMCSA, DDD, VJET, and More... December 17, 9:00 AM ET - PriceWatch Alerts for CMCSA, NDLS, DG, SBUX, SPLS, DDD, TM, NUAN, QCOM, FDX, VJET, BBBY, CA, CHRW, AVGO, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for CMCSA, NDLS, DG, SBUX, SPLS, DDD, TM, NUAN, QCOM, FDX, VJET, BBBY, CA, CHRW and AVGO. Comcast (NASDAQ: CMCSA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $49.24 while selling the April $49.00 call will produce a new covered call with a break-even point around $46.67. At that price, this position has a target return of 5.0%. This trade will have roughly 5.2% downside protection, while still aiming for a 5.0% return in 123 days. It will lock in that return as long as Comcast is above $49.00 on 4/19/2014. For comparison purposes only, this CMCSA covered call aims for an annualized return rate of 14.8%. Noodles & Co (NASDAQ: NDLS) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $35.66 while simultaneously selling the February $35.00 call will result in a new position with a target return of 6.8%. Based on recent prices, this position will cost about $32.76, which is also the trade?s breakeven point. At that level, this covered call has 8.1% downside protection, while still providing a 6.8% return in 67 days as long as NDLS is above $35.00 on 2/22/2014. For comparison purposes only, this Noodles & Co covered call aims for an annualized return rate of 37.2%. Dollar General (NYSE: DG) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $59.49 while selling the May $57.50 call will produce a new covered call with a break-even point around $54.19. At that price, this position has a target return of 6.1%. This trade will have roughly 8.9% downside protection, while still aiming for a 6.1% return in 151 days. It will lock in that return as long as Dollar General is above $57.50 on 5/17/2014. For comparison purposes only, this DG covered call aims for an annualized return rate of 14.7%. Starbucks (NASDAQ: SBUX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $75.00 call while at the same time buying SBUX stock for $76.46 will produce a new covered call with a target return of 5.0%. Based on recent data, this trade will cost about $71.41, which is also the covered call?s breakeven point. At that price, this covered call has 6.6% downside protection, while seeking an assigned return of 5.0% return in 123 days. If SBUX is higher than $75.00 on 4/19/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 14.9%. Staples (NASDAQ: SPLS) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $15.00 call while simultaneously buying SPLS stock for $15.41 will result in a new position with a break-even point around $14.01. At that price, this position has a target return of 7.1%. This trade has 9.1% downside protection, while still providing a 7.1% return in 186 days as long as SPLS is above $15.00 on 6/21/2014. For comparison purposes only, this Staples covered call targets an annualized return rate of 13.9%. 3D Systems (AMEX: DDD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $81.29 while selling the January $80.00 call will produce a new covered call with a break-even point around $75.99. At that price, this position has a target return of 5.3%. This trade will have roughly 6.5% downside protection, while still aiming for a 5.3% return in 32 days. It will lock in that return as long as 3D Systems is above $80.00 on 1/18/2014. For comparison purposes only, this DDD covered call aims for an annualized return rate of 60.1%. Toyota (NYSE: TM) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $118.65 while simultaneously selling the April $115.00 call will result in a new position with a target return of 4.1%. Based on recent prices, this position will cost about $110.50, which is also the trade?s breakeven point. At that level, this covered call has 6.9% downside protection, while still providing a 4.1% return in 123 days as long as TM is above $115.00 on 4/19/2014. For comparison purposes only, this Toyota covered call aims for an annualized return rate of 12.1%. Nuance Communications (NASDAQ: NUAN) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $14.19 while selling the April $14.00 call will produce a new covered call with a break-even point around $12.69. At that price, this position has a target return of 10.3%. This trade will have roughly 10.6% downside protection, while still aiming for a 10.3% return in 123 days. It will lock in that return as long as Nuance Communications is above $14.00 on 4/19/2014. For comparison purposes only, this NUAN covered call aims for an annualized return rate of 30.6%. Qualcomm (NASDAQ: QCOM) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $72.50 call while at the same time buying QCOM stock for $72.79 will produce a new covered call with a target return of 4.8%. Based on recent data, this trade will cost about $69.19, which is also the covered call?s breakeven point. At that price, this covered call has 4.9% downside protection, while seeking an assigned return of 4.8% return in 123 days. If QCOM is higher than $72.50 on 4/19/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 14.2%. FedEx (NYSE: FDX) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $135.00 call while simultaneously buying FDX stock for $139.85 will result in a new position with a break-even point around $128.75. At that price, this position has a target return of 4.9%. This trade has 7.9% downside protection, while still providing a 4.9% return in 123 days as long as FDX is above $135.00 on 4/19/2014. For comparison purposes only, this FedEx covered call targets an annualized return rate of 14.4%. Voxeljet (NYSE: VJET) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $37.13 while selling the January $32.50 call will produce a new covered call with a break-even point around $30.93. At that price, this position has a target return of 5.1%. This trade will have roughly 16.7% downside protection, while still aiming for a 5.1% return in 32 days. It will lock in that return as long as Voxeljet is above $32.50 on 1/18/2014. For comparison purposes only, this VJET covered call aims for an annualized return rate of 57.8%. Bed Bath and Beyond (NASDAQ: BBBY) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $76.81 while simultaneously selling the May $75.00 call will result in a new position with a target return of 5.5%. Based on recent prices, this position will cost about $71.06, which is also the trade?s breakeven point. At that level, this covered call has 7.5% downside protection, while still providing a 5.5% return in 151 days as long as BBBY is above $75.00 on 5/17/2014. For comparison purposes only, this Bed Bath and Beyond covered call aims for an annualized return rate of 13.4%. CA (NASDAQ: CA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $32.52 while selling the May $32.00 call will produce a new covered call with a break-even point around $30.62. At that price, this position has a target return of 4.5%. This trade will have roughly 5.8% downside protection, while still aiming for a 4.5% return in 151 days. It will lock in that return as long as CA is above $32.00 on 5/17/2014. For comparison purposes only, this CA covered call aims for an annualized return rate of 10.9%. CH Robinson Worldwide (NASDAQ: CHRW) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the May $55.00 call while at the same time buying CHRW stock for $56.20 will produce a new covered call with a target return of 5.0%. Based on recent data, this trade will cost about $52.40, which is also the covered call?s breakeven point. At that price, this covered call has 6.8% downside protection, while seeking an assigned return of 5.0% return in 151 days. If CHRW is higher than $55.00 on 5/17/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 12.0%. Avago Technologies (NASDAQ: AVGO) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $47.50 call while simultaneously buying AVGO stock for $50.10 will result in a new position with a break-even point around $45.50. At that price, this position has a target return of 4.4%. This trade has 9.2% downside protection, while still providing a 4.4% return in 123 days as long as AVGO is above $47.50 on 4/19/2014. For comparison purposes only, this Avago Technologies covered call targets an annualized return rate of 13.0%. *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 Rick's Cabaret (RICK), Facebook (FB), Nuance Communications (NUAN) are headed higher this morning, while Opko Health (OPKO), TripAdvisor (TRIP) and eBay (EBAY) are falling. Adobe (ADBE), Salix Pharmaceuticals (SLXP) and Amerisafe (AMSF) were upgraded by analysts this morning, while Forest Oil (FST) and Santarus (SNTS) were downgraded. MARKET OVERVIEW Asian indices finished with mixed results overnight. The Nikkei 225 added 0.8% and the Taiwan TSEC gained 0.5%. The Shanghai SEC dropped 0.4%, while the Mumbai Sensex and the Hong Kong Hang Seng each slipped 0.2%. In Europe, markets are mostly lower so far this morning. The French CAC 40 is off by 0.7% at last check and the Euronext 100 is down 0.6%. The English FTSE 100 and the German DAX were down smaller fractions. The Swedish Central Bank announced an interest rate cut and inflation for the region was 0.9%, less than half the target set by the European Central Bank. In futures, energy issues are all slightly lower this morning, including West Texas Intermediate crude oil at $97.22, down about 0.3%. Gasoline and heating oil are off less than 1%, and natural gas is lower by 1.3%. Gold is down 1% to $1,230, silver is off 1.8% to $19.74, and other metals are similarly lower. The U.S. Dollar is slightly stronger against the Euro and just about flat versus the Yen, while Bitcoins have fallen to $642. PUT/CALL RATIO Yesterday, 967,608 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 481,954 put contracts. The single-session put/call was 0.5, while the 20-day moving average is now at 0.57. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $177 and is above resistance. The Nasdaq 100 (QQQ) has support at $83 and is above resistance. TODAY'S ECONOMIC CALENDAR 08:30 AM Nov CPI 08:30 AM Nov Core CPI 08:30 AM Q3 Current Account Balance 10:00 AM Dec NAHB Housing Market EARNINGS EXPECTED TODAY FDS JBL PAY 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 |
