MORNING UPDATE: PriceWatch Alerts for VJET and More... for 2013-11-20 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for VJET, TWTR, PAYX, and More... November 20, 9:00 AM ET - PriceWatch Alerts for VJET, TWTR, EBAY, TTS, MYGN, ADI, PAYX, VRTX, COST and ALXN, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for VJET, TWTR, EBAY, TTS, MYGN, ADI, PAYX, VRTX, COST and ALXN. Voxeljet (NYSE: VJET) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $58.01 while selling the December $55.00 call will produce a new covered call with a break-even point around $50.81. At that price, this position has a target return of 8.2%. This trade will have roughly 12.4% downside protection, while still aiming for a 8.2% return in 31 days. It will lock in that return as long as Voxeljet is above $55.00 on 12/21/2013. For comparison purposes only, this VJET covered call aims for an annualized return rate of 97.0%. Twitter (NYSE: TWTR) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $41.75 while simultaneously selling the December $41.00 call will result in a new position with a target return of 5.0%. Based on recent prices, this position will cost about $39.05, which is also the trade?s breakeven point. At that level, this covered call has 6.5% downside protection, while still providing a 5.0% return in 31 days as long as TWTR is above $41.00 on 12/21/2013. For comparison purposes only, this Twitter covered call aims for an annualized return rate of 58.8%. eBay (NASDAQ: EBAY) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $52.13 while selling the February $50.00 call will produce a new covered call with a break-even point around $48.03. At that price, this position has a target return of 4.1%. This trade will have roughly 7.9% downside protection, while still aiming for a 4.1% return in 94 days. It will lock in that return as long as eBay is above $50.00 on 2/22/2014. For comparison purposes only, this EBAY covered call aims for an annualized return rate of 15.9%. Tile Shop (NASDAQ: TTS) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the January $17.50 call while at the same time buying TTS stock for $17.83 will produce a new covered call with a target return of 10.9%. Based on recent data, this trade will cost about $15.78, 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 10.9% return in 59 days. If TTS is higher than $17.50 on 1/18/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 67.4%. Myriad Genetics (NASDAQ: MYGN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the December $27.00 call while simultaneously buying MYGN stock for $27.59 will result in a new position with a break-even point around $25.84. At that price, this position has a target return of 4.5%. This trade has 6.3% downside protection, while still providing a 4.5% return in 31 days as long as MYGN is above $27.00 on 12/21/2013. For comparison purposes only, this Myriad Genetics covered call targets an annualized return rate of 52.7%. Analog Devices (NYSE: ADI) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $49.45 while selling the March $50.00 call will produce a new covered call with a break- even point around $47.65. At that price, this position has a target return of 4.9%. This trade will have roughly 3.6% downside protection, while still aiming for a 4.9% return in 122 days. It will lock in that return as long as Analog Devices is above $50.00 on 3/22/2014. For comparison purposes only, this ADI covered call aims for an annualized return rate of 14.7%. Paychex (NASDAQ: PAYX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $43.59 while simultaneously selling the June $45.00 call will result in a new position with a target return of 6.2%. Based on recent prices, this position will cost about $42.39, which is also the trade?s breakeven point. At that level, this covered call has 2.8% downside protection, while still providing a 6.2% return in 213 days as long as PAYX is above $45.00 on 6/21/2014. For comparison purposes only, this Paychex covered call aims for an annualized return rate of 10.5%. Vertex Pharmaceuticals (NASDAQ: VRTX) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $62.38 while selling the January $60.00 call will produce a new covered call with a break- even point around $57.28. At that price, this position has a target return of 4.7%. This trade will have roughly 8.2% downside protection, while still aiming for a 4.7% return in 59 days. It will lock in that return as long as Vertex Pharmaceuticals is above $60.00 on 1/18/2014. For comparison purposes only, this VRTX covered call aims for an annualized return rate of 29.3%. Costco Wholesale (NASDAQ: COST) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $125.00 call while at the same time buying COST stock for $123.63 will produce a new covered call with a target return of 4.8%. Based on recent data, this trade will cost about $119.28, which is also the covered call?s breakeven point. At that price, this covered call has 3.5% downside protection, while seeking an assigned return of 4.8% return in 150 days. If COST is higher than $125.00 on 4/19/2014, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 11.7%. Alexion Pharmaceuticals (NASDAQ: ALXN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the February $115.00 call while simultaneously buying ALXN stock for $118.45 will result in a new position with a break-even point around $108.85. At that price, this position has a target return of 5.6%. This trade has 8.1% downside protection, while still providing a 5.6% return in 94 days as long as ALXN is above $115.00 on 2/22/2014. For comparison purposes only, this Alexion Pharmaceuticals covered call targets an annualized return rate of 21.9%. *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 BioMarin (BMRN), JC Penney (JCP) and Yahoo (YHOO) are headed higher this morning, while Organovo (ONVO), Lowes (LOW) and Tesla (TSLA) are pulling back. For the second day in a row, there are no major analyst upgrades to report, but Medtronic, (MDT), Con Edison (ED) and Boeing (BA) were all downgraded. MARKET OVERVIEW Asian markets were mostly lower overnight, with a few outliers. India's Sensex fell 1.2% and Australia's All-Ordinaries dipped 0.8%. However, the Shanghai SEC gained 0.6% and the Hong Kong Hang Seng added 0.2%, carrying momentum forward from the reforms announced last week. In Europe, the major indices are all a little bit lower so far this morning. The French CAC 40, FTSE 100 and Euronext 100 have each dropped by 0.4%, while the German DAX has barely moved, down just 0.15%. In the futures pits, crude oil rose yesterday, with West Texas Intermediate crude finishing the session nearly at $94, where it remains this morning. Natural gas is up 1.4% today while gasoline is off by a penny. Gold is down 0.8% to $1,262 and most other metals futures are also headed lower. The U.S. Dollar is stronger against the Euro but weaker versus the Yen. Bitcoins continue to deflate, down another 20% from yesterday morning and now trading near $480. PUT/CALL RATIO Yesterday, 1,056,727 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 728,222 put contracts. The single-session put/call was 0.69, a dramatic move up from its recent lows, 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 $172.50 and is above resistance. The Nasdaq 100 (QQQ) has support at $81 and is above resistance. TODAY'S ECONOMIC CALENDAR 07:00 AM 11/16 MBA Mortgage Index 08:30 AM Oct Retail Sales 08:30 AM Oct Retail Sales ex-auto 08:30 AM Oct CPI 08:30 AM Oct Core CPI 10:00 AM Oct Existing Home Sales 10:00 AM Sep Business Inventories 10:30 AM 11/16 Crude Inventories 02:00 PM 10/30 FOMC Minutes EARNINGS EXPECTED TODAY ADT DE GMCR JACK JCP LOW SPLS 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 |
