MORNING UPDATE: PriceWatch Alerts for MCD and More... for 2009-12-09 |
| ------------------------------------------------------------------ New PriceWatch Alerts for MCD, MOT, FCX, HD, and More... December 9, 8:30 AM EST - Before the open... PriceWatch Alerts for MCD, MOT, FCX, HD, DVN, AMT, CCJ, HAL, WLP, RRC, AVP, NEM, BP, AMR, and VMW, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. New PriceWatch Alerts for MCD, MOT, FCX, HD, DVN, AMT, CCJ, HAL, WLP, RRC, AVP, NEM, BP, AMR, and VMW PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS-------------- -- McDonald's Corp. (NYSE: MCD) Last Price 60.61 - JUN 60.00 CALL OPTION@ $3.70 -> 5.4% Return (10.3% Annualized) assigned* -- Newmont Mining Corp. (NYSE: NEM) Last Price 50.33 - JAN 50.00 CALL OPTION@ $2.89 -> 5.4% Return (51.8% Annualized) assigned* -- BP plc (NYSE: BP) Last Price 57.04 - APR 55.00 CALL OPTION@ $4.30 -> 4.3% Return (12.1% Annualized) assigned* -- AMR Corporation (NYSE: AMR) Last Price 6.98 - MAY 7.00 CALL OPTION@ $1.30 -> 23.2% Return (51.7% Annualized) assigned* -- VMware, Inc. (NYSE: VMW) Last Price 43.45 - JAN 43.00 CALL OPTION@ $2.45 -> 4.9% Return (46.9% Annualized) assigned* -- Motorola Inc. (NYSE: MOT) Last Price 8.62 - JUL 8.00 CALL OPTION@ $1.62 -> 14.3% Return (23.7% Annualized) assigned* -- Halliburton Company (NYSE: HAL) Last Price 26.80 - APR 26.00 CALL OPTION@ $2.83 -> 8.5% Return (24.0% Annualized) assigned* -- WellPoint Inc. (NYSE: WLP) Last Price 55.76 - MAR 55.00 CALL OPTION@ $4.50 -> 7.3% Return (26.4% Annualized) assigned* -- Range Resources Corp. (NYSE: RRC) Last Price 43.34 - JAN 42.50 CALL OPTION@ $2.70 -> 4.6% Return (44.0% Annualized) assigned* -- Avon Products Inc. (NYSE: AVP) Last Price 33.20 - APR 33.00 CALL OPTION@ $2.50 -> 7.5% Return (21.2% Annualized) assigned* -- Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Last Price 76.27 - JAN 75.00 CALL OPTION@ $5.10 -> 5.4% Return (51.7% Annualized) assigned* -- The Home Depot, Inc. (NYSE: HD) Last Price 27.67 - FEB 27.00 CALL OPTION@ $1.73 -> 4.1% Return (20.4% Annualized) assigned* -- Devon Energy Corporation (NYSE: DVN) Last Price 63.80 - APR 60.00 CALL OPTION@ $7.40 -> 6.4% Return (18.1% Annualized) assigned* -- American Tower Corp. (NYSE: AMT) Last Price 39.17 - APR 37.50 CALL OPTION@ $3.80 -> 6.0% Return (17.0% Annualized) assigned* -- Cameco Corp. (NYSE: CCJ) Last Price 29.29 - JAN 29.00 CALL OPTION@ $1.55 -> 4.5% Return (43.6% Annualized) assigned* *Annualized returns are shown for comparison purposes only What exactly is a Covered Call? What are the risks, benefits, and requirements? If you are asking yourself these questions, the answers you seek lie in :Covered Calls: Aggressive Strategy for the Conservative Investor: (http://www.poweropt.com/107/). This educational kit, written by the founders of PowerOptions, will teach you the ins and outs of the Covered Call Strategy. PLUS, it comes with two free months of PowerOptions AND a 30 day risk free guarantee! 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! SELECT 10 STRATEGIES FOR TODAY ----------------------------------- Every trading day our Special Daily Select 10 Hedged Strategies service points out 10 covered call trades and 10 hedged trades normally requiring much less capital. The goal is for each trade to generate at least a 5% return over 60 to 180 days. Using our sophisticated computer models we hunt down the trades with the highest return and the lowest risk. This is a great way see the types of trades that can rely on solid stocks to produce double- digit annual returns while reducing overall risk of holding the stock and conserving your investment funds. Today our Select 10 picks include strategies, tactics and trade ideas for Goldman Sachs( GS), Deere & Co (DE), and Aetna (AET) with up to 76% targeted annualized return and 6.8% downside protection. See the Select 10 Hedged Strategies list for all the details. NEWS LEADERS AND LAGGARDS----------------------------------------- So far this morning, Jackson Hewitt Tax Service (JTX), Boeing (BA), and Rambus (RMBS) lead the list of companies with positive news, while Texas Instruments (TXN) and Men's Wearhouse (MW) lead the list of companies with negative news. 3M (MMM), CA Inc. (CA), and Sprint Nextel (S) were upgraded this morning, while Kimberly-Clark (KMB), Accenture (ACN), and Kroger (KR) were downgraded. MARKET OVERVIEW--------------------------------------------------- Overseas trading is split down the middle this morning, as five of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 0.43%. In Asia, most stocks ended lower. In Europe, hedge fund manager Man Group shares fell 3.8% in London after it said late Tuesday that the net asset value of the Man AHL Diversified Futures Fund fell 4.3% on the week and 6.1% on the year. Crude futures finished in the red for the fifth straight session yesterday ? marking oil's longest losing streak in five months ? as the greenback gained ground against most of its foreign rivals. Furthermore, commodities traders rushed the exits ahead of the government's weekly petroleum reports, slated for release later this morning. Analysts, on average, are expecting domestic crude supplies to increase by 600,000 barrels, with gasoline stockpiles forecast to jump by 1.5 million barrels. By the close, January- dated crude oil surrendered $1.31, or 1.77%, to settle at a two- month low of $72.62 per barrel. PUT/CALL RATIO --------------------------------------------------- Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,424,220 call contracts traded on Tuesday, compared to 901,840 put contracts. The resultant single-session put/call ratio arrived at 0.63, while the 21-day moving average held at 0.61. SUPPORT & RESISTANCE LEVELS -------------------------------------- The S&P Depository Receipts (SPY) show support in the neighborhood of $108.10 and resistance around $112.40. For the Nasdaq 100 (QQQQ), support is near $43.10 and resistance is around $44.75. TODAY'S ECONOMIC CALENDAR ---------------------------------------- 10:00 a.m. Oct Wholesale Inventories 10:30 a.m. 12/4 Crude Inventories EARNINGS EXPECTED TODAY (w/current estimates) -------------------- CHP -0.07 HITK 0.32 JTX -0.74 LULU 0.19 MOV 0.65 PLL 0.40 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.com -- Better Strategies for Making Money -> For Investors With a Sense of Humor. Only $1 for your first month plus seven free bonuses worth over $800, see: http://www.poweropt.com/io Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to www.SevenSummitsInvestmentResearch.com . CRD# 137114 Schaeffer's Investment Research - Market information that combines unique data with insightful commentary, enabling you to navigate in any market conditions and invest wisely http://www.poweropt.com/sirmmo 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 |
