MORNING UPDATE: PriceWatch Alerts for PFE and More...
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MORNING UPDATE: PriceWatch Alerts for PFE, OLED, V and More...
October 7, 9:00 AM ET - PriceWatch Alerts for PFE, OLED, RGLD,
LVS, NVDA, V, YELP, AIG, SINA and XLNX, Market Overview, News
Leaders and Laggards, Today's Economic Calendar, and Index Support
& Resistance Levels.
PriceWatch Alerts for PFE, OLED, RGLD, LVS, NVDA, V, YELP, AIG,
SINA and XLNX.
Pfizer (NYSE: PFE) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $29.00 while selling the June $30.00 call
will produce a new covered call with a break-even point around
$27.90. At that price, this position has a target return of 7.5%.
This trade will have roughly 3.8% downside protection, while still
aiming for a 7.5% return in 257 days. It will lock in that return
as long as Pfizer is above $30.00 on 6/21/2014. For comparison
purposes only, this PFE covered call aims for an annualized return
rate of 10.7%.
Universal Display (NASDAQ: OLED) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $31.36 while
simultaneously selling the November $31.00 call will result in a
new position with a target return of 7.6%. Based on recent prices,
this position will cost about $28.81, which is also the trade?s
breakeven point. At that level, this covered call has 8.1%
downside protection, while still providing a 7.6% return in 40
days as long as OLED is above $31.00 on 11/16/2013. For comparison
purposes only, this Universal Display covered call aims for an
annualized return rate of 69.4%.
Royal Gold (NASDAQ: RGLD) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
November $47.50 call while at the same time buying RGLD stock for
$48.37 will produce a new covered call with a target return of
5.9%. Based on recent data, this trade will cost about $44.87,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.2% downside protection, while seeking an
assigned return of 5.9% return in 40 days. If RGLD is higher than
$47.50 on 11/16/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 53.5%.
Las Vegas Sands (NYSE: LVS) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
December $65.00 call while at the same time buying LVS stock for
$66.36 will produce a new covered call with a target return of
4.4%. Based on recent data, this trade will cost about $62.26,
which is also the covered call?s breakeven point. At that price,
this covered call has 6.2% downside protection, while seeking an
assigned return of 4.4% return in 75 days. If LVS is higher than
$65.00 on 12/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 21.4%.
NVIDIA (NASDAQ: NVDA) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the March $16.00 call while simultaneously
buying NVDA stock for $15.59 will result in a new position with a
break-even point around $14.58. At that price, this position has a
target return of 9.7%. This trade has 6.5% downside protection,
while still providing a 9.7% return in 166 days as long as NVDA is
above $16.00 on 3/22/2014. For comparison purposes only, this
NVIDIA covered call targets an annualized return rate of 21.4%.
Visa (NYSE: V) has been selected by InvestorsObserver analysts as
a stock that is an ideal candidate for a new covered call today.
Buying the stock for $190.48 while simultaneously selling the
December $190.00 call will result in a new position with a target
return of 4.2%. Based on recent prices, this position will cost
about $182.28, which is also the trade?s breakeven point. At that
level, this covered call has 4.3% downside protection, while still
providing a 4.2% return in 75 days as long as V is above $190.00
on 12/21/2013. For comparison purposes only, this Visa covered
call aims for an annualized return rate of 20.6%.
Yelp (NYSE: Yelp) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $73.22 while selling the November $67.50 call
will produce a new covered call with a break-even point around
$62.82. At that price, this position has a target return of 7.4%.
This trade will have roughly 14.2% downside protection, while
still aiming for a 7.4% return in 40 days. It will lock in that
return as long as Yelp is above $67.50 on 11/16/2013. For
comparison purposes only, this Yelp covered call aims for an
annualized return rate of 67.9%.
American International Group (NYSE: AIG) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $49.53 while selling the
January $49.00 call will produce a new covered call with a break-
even point around $46.60. At that price, this position has a
target return of 5.2%. This trade will have roughly 5.9% downside
protection, while still aiming for a 5.2% return in 103 days. It
will lock in that return as long as American International Group
is above $49.00 on 1/18/2014. For comparison purposes only, this
AIG covered call aims for an annualized return rate of 18.3%.
SINA com (NASDAQ: SINA) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
November $85.00 call while at the same time buying SINA stock for
$90.48 will produce a new covered call with a target return of
5.4%. Based on recent data, this trade will cost about $80.68,
which is also the covered call?s breakeven point. At that price,
this covered call has 10.8% downside protection, while seeking an
assigned return of 5.4% return in 40 days. If SINA is higher than
$85.00 on 11/16/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 48.8%.
Xilinx (NASDAQ: XLNX) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the January $46.00 call while simultaneously
buying XLNX stock for $46.65 will result in a new position with a
break-even point around $43.99. At that price, this position has a
target return of 4.6%. This trade has 5.7% downside protection,
while still providing a 4.6% return in 103 days as long as XLNX is
above $46.00 on 1/18/2014. For comparison purposes only, this
Xilinx covered call targets an annualized return rate of 16.2%.
*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
Bitauto (BITA), Sotheby's (BID) and OUTR (OUTR) are headed higher
this morning, while Cooper Tire and Rubber (CTB), Dryships (DRYS)
and Ypf Sociedad Anonima (YPF) are headed lower. There were no
major analyst upgrades this morning, but HollyFrontier (HFC) was
downgraded by Imperial Capital.
MARKET OVERVIEW
International stock markets moved lower overnight and early this
morning. In Asia, the Nikkei 225 lost 1.2%, the Australian All-
Ordinaries fell 0.9% and the Hong Kong Hang Seng dropped 0.7%. The
Shanghai SEC remained closed, but when it reopens that index will
likely show a large loss, since it will have to "catch up" with
the rest of the world's weakness.
European performance is also bearish so far this morning, with the
major continental indices all down 0.9%. EADS rose from the pack
after Japan Airlines announced it would buy its first Airbus
planes after relying on Boeing (BA) in recent history.
Moving to futures, West Texas Intermediate crude oil futures are
lower this morning, down 0.8% to $102.87. Most other energy
futures are closer to break-even and natural gas is higher by1.6%
at $3.57. Gold is up $8.80 or 0.7% to $1,319 and silver is also
higher, but copper is in negative territory, down 0.8% to $3.27.
The U.S. Dollar is weaker against the Yen and the Euro, but weaker
against smaller foreign currencies. Bitcoins have steadied over
the weekend and ate trading at $136 currently.
PUT/CALL RATIO
Yesterday, 1,027,808 call contracts traded on the Chicago Board
Options Exchange (CBOE) compared to 605,763 put contracts. The
single-session put/call was 0.59, while the 20-day moving average
is now at 0.59.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $168 and
is above resistance. The Nasdaq 100 (QQQ) has support at $77 and
is above resistance.
TODAY'S ECONOMIC CALENDAR
03:00 PM Aug Consumer Credit
EARNINGS EXPECTED TODAY
There are no major earnings reports scheduled for today.
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
MORNING UPDATE: PriceWatch Alerts for PFE, OLED, V and More...
October 7, 9:00 AM ET - PriceWatch Alerts for PFE, OLED, RGLD,
LVS, NVDA, V, YELP, AIG, SINA and XLNX, Market Overview, News
Leaders and Laggards, Today's Economic Calendar, and Index Support
& Resistance Levels.
PriceWatch Alerts for PFE, OLED, RGLD, LVS, NVDA, V, YELP, AIG,
SINA and XLNX.
Pfizer (NYSE: PFE) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $29.00 while selling the June $30.00 call
will produce a new covered call with a break-even point around
$27.90. At that price, this position has a target return of 7.5%.
This trade will have roughly 3.8% downside protection, while still
aiming for a 7.5% return in 257 days. It will lock in that return
as long as Pfizer is above $30.00 on 6/21/2014. For comparison
purposes only, this PFE covered call aims for an annualized return
rate of 10.7%.
Universal Display (NASDAQ: OLED) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $31.36 while
simultaneously selling the November $31.00 call will result in a
new position with a target return of 7.6%. Based on recent prices,
this position will cost about $28.81, which is also the trade?s
breakeven point. At that level, this covered call has 8.1%
downside protection, while still providing a 7.6% return in 40
days as long as OLED is above $31.00 on 11/16/2013. For comparison
purposes only, this Universal Display covered call aims for an
annualized return rate of 69.4%.
Royal Gold (NASDAQ: RGLD) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
November $47.50 call while at the same time buying RGLD stock for
$48.37 will produce a new covered call with a target return of
5.9%. Based on recent data, this trade will cost about $44.87,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.2% downside protection, while seeking an
assigned return of 5.9% return in 40 days. If RGLD is higher than
$47.50 on 11/16/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 53.5%.
Las Vegas Sands (NYSE: LVS) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
December $65.00 call while at the same time buying LVS stock for
$66.36 will produce a new covered call with a target return of
4.4%. Based on recent data, this trade will cost about $62.26,
which is also the covered call?s breakeven point. At that price,
this covered call has 6.2% downside protection, while seeking an
assigned return of 4.4% return in 75 days. If LVS is higher than
$65.00 on 12/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 21.4%.
NVIDIA (NASDAQ: NVDA) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the March $16.00 call while simultaneously
buying NVDA stock for $15.59 will result in a new position with a
break-even point around $14.58. At that price, this position has a
target return of 9.7%. This trade has 6.5% downside protection,
while still providing a 9.7% return in 166 days as long as NVDA is
above $16.00 on 3/22/2014. For comparison purposes only, this
NVIDIA covered call targets an annualized return rate of 21.4%.
Visa (NYSE: V) has been selected by InvestorsObserver analysts as
a stock that is an ideal candidate for a new covered call today.
Buying the stock for $190.48 while simultaneously selling the
December $190.00 call will result in a new position with a target
return of 4.2%. Based on recent prices, this position will cost
about $182.28, which is also the trade?s breakeven point. At that
level, this covered call has 4.3% downside protection, while still
providing a 4.2% return in 75 days as long as V is above $190.00
on 12/21/2013. For comparison purposes only, this Visa covered
call aims for an annualized return rate of 20.6%.
Yelp (NYSE: Yelp) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $73.22 while selling the November $67.50 call
will produce a new covered call with a break-even point around
$62.82. At that price, this position has a target return of 7.4%.
This trade will have roughly 14.2% downside protection, while
still aiming for a 7.4% return in 40 days. It will lock in that
return as long as Yelp is above $67.50 on 11/16/2013. For
comparison purposes only, this Yelp covered call aims for an
annualized return rate of 67.9%.
American International Group (NYSE: AIG) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $49.53 while selling the
January $49.00 call will produce a new covered call with a break-
even point around $46.60. At that price, this position has a
target return of 5.2%. This trade will have roughly 5.9% downside
protection, while still aiming for a 5.2% return in 103 days. It
will lock in that return as long as American International Group
is above $49.00 on 1/18/2014. For comparison purposes only, this
AIG covered call aims for an annualized return rate of 18.3%.
SINA com (NASDAQ: SINA) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
November $85.00 call while at the same time buying SINA stock for
$90.48 will produce a new covered call with a target return of
5.4%. Based on recent data, this trade will cost about $80.68,
which is also the covered call?s breakeven point. At that price,
this covered call has 10.8% downside protection, while seeking an
assigned return of 5.4% return in 40 days. If SINA is higher than
$85.00 on 11/16/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 48.8%.
Xilinx (NASDAQ: XLNX) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the January $46.00 call while simultaneously
buying XLNX stock for $46.65 will result in a new position with a
break-even point around $43.99. At that price, this position has a
target return of 4.6%. This trade has 5.7% downside protection,
while still providing a 4.6% return in 103 days as long as XLNX is
above $46.00 on 1/18/2014. For comparison purposes only, this
Xilinx covered call targets an annualized return rate of 16.2%.
*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
Bitauto (BITA), Sotheby's (BID) and OUTR (OUTR) are headed higher
this morning, while Cooper Tire and Rubber (CTB), Dryships (DRYS)
and Ypf Sociedad Anonima (YPF) are headed lower. There were no
major analyst upgrades this morning, but HollyFrontier (HFC) was
downgraded by Imperial Capital.
MARKET OVERVIEW
International stock markets moved lower overnight and early this
morning. In Asia, the Nikkei 225 lost 1.2%, the Australian All-
Ordinaries fell 0.9% and the Hong Kong Hang Seng dropped 0.7%. The
Shanghai SEC remained closed, but when it reopens that index will
likely show a large loss, since it will have to "catch up" with
the rest of the world's weakness.
European performance is also bearish so far this morning, with the
major continental indices all down 0.9%. EADS rose from the pack
after Japan Airlines announced it would buy its first Airbus
planes after relying on Boeing (BA) in recent history.
Moving to futures, West Texas Intermediate crude oil futures are
lower this morning, down 0.8% to $102.87. Most other energy
futures are closer to break-even and natural gas is higher by1.6%
at $3.57. Gold is up $8.80 or 0.7% to $1,319 and silver is also
higher, but copper is in negative territory, down 0.8% to $3.27.
The U.S. Dollar is weaker against the Yen and the Euro, but weaker
against smaller foreign currencies. Bitcoins have steadied over
the weekend and ate trading at $136 currently.
PUT/CALL RATIO
Yesterday, 1,027,808 call contracts traded on the Chicago Board
Options Exchange (CBOE) compared to 605,763 put contracts. The
single-session put/call was 0.59, while the 20-day moving average
is now at 0.59.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $168 and
is above resistance. The Nasdaq 100 (QQQ) has support at $77 and
is above resistance.
TODAY'S ECONOMIC CALENDAR
03:00 PM Aug Consumer Credit
EARNINGS EXPECTED TODAY
There are no major earnings reports scheduled for today.
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
