MORNING UPDATE: PriceWatch Alerts for CMCSA and More... for 2013-05-15 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for CMCSA, SNDK, REGN, and More... May 6, 9:00 AM ET - PriceWatch Alerts for CMCSA, BBT, NVDA, WPX, OPTR, SNDK, CSC, AMT, QCOR, REGN, LNKD, JCP, UA, CHKP, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for CMCSA, BBT, NVDA, WPX, OPTR, SNDK, CSC, AMT, QCOR, REGN, LNKD, JCP, UA, CHKP, and ICON Comcast (NASDAQ: CMCSA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $43.33 while selling the October $43.00 call will produce a new covered call with a break-even point around $41.01. At that price, this position has a target return of 4.9%. This trade will have roughly 5.4% downside protection, while still aiming for a 4.9% return in 157 days. It will lock in that return as long as Comcast is above $43.00 on 10/19/2013. For comparison purposes only, this CMCSA covered call aims for an annualized return rate of 11.3%. BB&T (NYSE: BBT) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $32.26 while simultaneously selling the December $33.00 call will result in a new position with a target return of 6.5%. Based on recent prices, this position will cost about $31.00, which is also the trade?s breakeven point. At that level, this covered call has 3.9% downside protection, while still providing a 6.5% return in 220 days as long as BBT is above $33.00 on 12/21/2013. For comparison purposes only, this BB&T covered call aims for an annualized return rate of 10.7%. NVIDIA (NASDAQ: NVDA) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $14.45 while simultaneously selling the December $14.00 call will result in a new position with a target return of 7.9%. Based on recent prices, this position will cost about $12.98, which is also the trade?s breakeven point. At that level, this covered call has 10.2% downside protection, while still providing a 7.9% return in 220 days as long as NVDA is above $14.00 on 12/21/2013. For comparison purposes only, this NVIDIA covered call aims for an annualized return rate of 13.0%. WPX Energy (NYSE: WPX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the August $17.50 call while at the same time buying WPX stock for $18.05 will produce a new covered call with a target return of 6.7%. Based on recent data, this trade will cost about $16.40, which is also the covered call?s breakeven point. At that price, this covered call has 9.1% downside protection, while seeking an assigned return of 6.7% return in 94 days. If WPX is higher than $17.50 on 8/17/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 26.0%. Optimer Pharmaceuticals (NASDAQ: OPTR) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the September $12.50 call while simultaneously buying OPTR stock for $14.25 will result in a new position with a break-even point around $11.45. At that price, this position has a target return of 9.2%. This trade has 19.6% downside protection, while still providing a 9.2% return in 129 days as long as OPTR is above $12.50 on 9/21/2013. For comparison purposes only, this Optimer Pharmaceuticals covered call targets an annualized return rate of 25.9%. SanDisk (NASDAQ: SNDK) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $58.49 while selling the July $57.50 call will produce a new covered call with a break-even point around $54.74. At that price, this position has a target return of 5.0%. This trade will have roughly 6.4% downside protection, while still aiming for a 5.0% return in 66 days. It will lock in that return as long as SanDisk is above $57.50 on 7/20/2013. For comparison purposes only, this SNDK covered call aims for an annualized return rate of 27.9%. Computer Sciences (NYSE: CSC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $49.49 while simultaneously selling the June $49.00 call will result in a new position with a target return of 4.3%. Based on recent prices, this position will cost about $46.99, which is also the trade?s breakeven point. At that level, this covered call has 5.1% downside protection, while still providing a 4.3% return in 38 days as long as CSC is above $49.00 on 6/22/2013. For comparison purposes only, this Computer Sciences covered call aims for an annualized return rate of 41.0%. 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 $83.73 while simultaneously selling the October $82.50 call will result in a new position with a target return of 4.1%. Based on recent prices, this position will cost about $79.23, which is also the trade?s breakeven point. At that level, this covered call has 5.4% downside protection, while still providing a 4.1% return in 157 days as long as AMT is above $82.50 on 10/19/2013. For comparison purposes only, this American Tower covered call aims for an annualized return rate of 9.6%. Questcor Pharmaceuticals (NASDAQ: QCOR) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $42.00 call while at the same time buying QCOR stock for $42.40 will produce a new covered call with a target return of 6.9%. Based on recent data, this trade will cost about $39.30, which is also the covered call?s breakeven point. At that price, this covered call has 7.3% downside protection, while seeking an assigned return of 6.9% return in 38 days. If QCOR is higher than $42.00 on 6/22/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 66.0%. Regeneron Pharmaceuticals (NASDAQ: REGN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $280.00 call while simultaneously buying REGN stock for $282.80 will result in a new position with a break-even point around $268.00. At that price, this position has a target return of 4.5%. This trade has 5.2% downside protection, while still providing a 4.5% return in 38 days as long as REGN is above $280.00 on 6/22/2013. For comparison purposes only, this Regeneron Pharmaceuticals covered call targets an annualized return rate of 42.9%. LinkedIn (NYSE: LNKD) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $184.40 while simultaneously selling the July $180.00 call will result in a new position with a target return of 4.9%. Based on recent prices, this position will cost about $171.60, which is also the trade?s breakeven point. At that level, this covered call has 6.9% downside protection, while still providing a 4.9% return in 66 days as long as LNKD is above $180.00 on 7/20/2013. For comparison purposes only, this LinkedIn covered call aims for an annualized return rate of 27.0%. JC Penney (NYSE: JCP) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $18.00 call while at the same time buying JCP stock for $18.62 will produce a new covered call with a target return of 8.5%. Based on recent data, this trade will cost about $16.59, which is also the covered call?s breakeven point. At that price, this covered call has 10.9% downside protection, while seeking an assigned return of 8.5% return in 66 days. If JCP is higher than $18.00 on 7/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 47.0%. Under Armour (NYSE: UA) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $60.00 call while simultaneously buying UA stock for $60.61 will result in a new position with a break-even point around $57.51. At that price, this position has a target return of 4.3%. This trade has 5.1% downside protection, while still providing a 4.3% return in 66 days as long as UA is above $60.00 on 7/20/2013. For comparison purposes only, this Under Armour covered call targets an annualized return rate of 23.9%. Check Point Software Technologies (NASDAQ: CHKP) 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 October $49.00 call will produce a new covered call with a break-even point around $45.94. At that price, this position has a target return of 6.7%. This trade will have roughly 6.7% downside protection, while still aiming for a 6.7% return in 157 days. It will lock in that return as long as Check Point Software Technologies is above $49.00 on 10/19/2013. For comparison purposes only, this CHKP covered call aims for an annualized return rate of 15.5%. Iconix Brand Group (NASDAQ: ICON) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $29.78 while simultaneously selling the August $30.00 call will result in a new position with a target return of 6.6%. Based on recent prices, this position will cost about $28.13, which is also the trade?s breakeven point. At that level, this covered call has 5.5% downside protection, while still providing a 6.6% return in 94 days as long as ICON is above $30.00 on 8/17/2013. For comparison purposes only, this Iconix Brand Group covered call aims for an annualized return rate of 25.8%. *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 ? 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These are not recommendations to buy or sell any security. NEWS LEADERS AND LAGGARDS Vipshop (VIPS), Solar City (SCTY) and SodaStream (SODA) are headed higher this morning, while Deere (DE), Pandora (P) and Take-Two Interactive (TTWO) are in decline. Domino's Pizza (DPZ), Renren (RENN) and ITT Educational (ESI) were upgraded by analysts this morning, while Mannkind (MNKD) and Linkedin (LNKD) were downgraded. MARKET OVERVIEW International markets were mostly in green territory overnight. Asian stocks traded higher on in reaction to a strong day for Japanese stocks as investors reacted to a weaker yen and expectations for higher earnings growth. The Japanese Nikkei 225 soared 2.3%, while the Shanghai SEC rose 0.35% on the session. Other bourses in the region were higher on the day, with Taiwan and India each moving higher, while Australia traded down 0.6%. European traders also saw gains for most of the major indices. European stocks traded higher following weak growth data which sparked speculation that the European Central Bank would take additional steps to help improve the economy. The French CAC 40 is up 0.2% so far this morning, the German DAX is unchanged, the Euronext 100 is up 0.3% and the Swiss Market Index is up 0.9%. The FTSE 100 is much closer to breakeven, up is still up slightly under 0.1% so far in today's trading. In commodities, West Texas Intermediate crude oil is off 1.3% to $92.97. Heating oil and gasoline are also lower, while natural gas is trading higher. In metals, gold is down 1.1% an ounce to $1,409.40, and copper is down, off 1.6% to $3.24. The US Dollar is weaker against the Yen and the Euro. Bitcoins have been very stable in today's action, and are currently being priced at $113.40. PUT/CALL RATIO Yesterday, 1,057,497 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 548,126 put contracts. The single-session put/call was 0.52, while the 20-day moving average is now at 0.64. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $157, and is above resistance. The Nasdaq 100 (QQQ) has support at $69 and is above resistance. TODAY'S ECONOMIC CALENDAR 07:00 AM 05/11 MBA Mortgage Index 08:30 AM Apr PPI 08:30 AM Apr Core PPI 08:30 AM May Empire Manufacturing 09:00 AM Mar Net Long-Term TIC Flows 09:15 AM Apr Industrial Production 09:15 AM Apr Capacity Utilization 10:00 AM May NAHB Housing Market Index 10:30 AM 05/11 Crude Inventories EARNINGS EXPECTED TODAY CSCO CSC DE M 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 |
