MORNING UPDATE: PriceWatch Alerts for AAPL and More...
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New PriceWatch Alerts for AAPL, AXP, DO, STI, and More...
June 29, 8:30 AM EST - Before the open... PriceWatch Alerts for
AAPL, AXP, DO, STI, SNY, ACN, O, AAN, OSIP, and RAX, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for AAPL, AXP, DO, STI, SNY, ACN, O, AAN,
OSIP, and RAX
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Apple Inc. (Nasdaq: AAPL)
Last Price 142.44 - AUG 140.00 CALL OPTION@ $9.15 -> 5.0% Return
(34.7% Annualized) assigned*
-- Sanofi-Aventis (NYSE: SNY)
Last Price 28.01 - AUG 27.00 CALL OPTION@ $2.10 -> 4.2% Return
(29.0% Annualized) assigned*
-- Accenture Ltd. (NYSE: ACN)
Last Price 33.72 - NOV 35.00 CALL OPTION@ $1.70 -> 9.3% Return
(23.8% Annualized) assigned*
-- Realty Income Corp. (NYSE: O)
Last Price 21.79 - DEC 22.50 CALL OPTION@ $1.05 -> 8.5% Return
(17.9% Annualized) assigned*
-- Aaron's, Inc. (NYSE: AAN)
Last Price 29.06 - NOV 25.00 CALL OPTION@ $5.80 -> 7.5% Return
(19.1% Annualized) assigned*
-- American Express Company (NYSE: AXP)
Last Price 23.76 - AUG 23.00 CALL OPTION@ $2.20 -> 6.7% Return
(46.0% Annualized) assigned*
-- Diamond Offshore Drilling Inc. (NYSE: DO)
Last Price 84.58 - AUG 80.00 CALL OPTION@ $8.30 -> 4.9% Return
(33.6% Annualized) assigned*
-- SunTrust Banks, Inc. (NYSE: STI)
Last Price 15.91 - AUG 15.00 CALL OPTION@ $2.00 -> 7.8% Return
(54.0% Annualized) assigned*
-- OSI Pharmaceuticals Inc. (Nasdaq: OSIP)
Last Price 27.56 - OCT 25.00 CALL OPTION@ $4.20 -> 7.0% Return
(23.3% Annualized) assigned*
-- Rackspace Hosting, Inc (NYSE: RAX)
Last Price 14.50 - SEP 15.00 CALL OPTION@ $1.35 -> 14.1% Return
(62.6% 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!
NEWS LEADERS AND LAGGARDS-----------------------------------------
So far this morning, Amazon.com, Hartford Insurance Group, and
Wendy's/Arby's Group lead the list of companies with positive news,
while Enterprise Products Partners and Watson Wyatt Worldwide lead
the list of companies with negative news. Pepsico, KB Home, and
Discover Financial were upgraded this morning, while Sanofy-
Aventis, Alcoa, and Biogen Idec were downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading is in good shape this morning, as seven of the 10
foreign indices that we track are in positive territory. The
cumulative average return on the collective stands at a gain of
0.48%. Trading in Asia closed mixed, with financials weighing on
Japan's benchmark index, while miners dragged Sydney lower after a
report that China has ended its program of stockpiling supplies of
metals. Across the pond in Europe, shares logged modest gain, as
oil producers advanced and merger-and-acquisition speculation and
broker upgrades boosted sentiment.
Crude futures turned lower with stocks on Friday, pressured by
anxiety over tight consumer spending habits. The market also
reacted to easing geopolitical tensions out of Nigeria, where
pipeline attacks by militant rebels have surged in recent weeks.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 939,349 call contracts traded on Friday, compared to 650,514
put contracts. The resultant single-session put/call ratio arrived
at 0.69, while the 21-day moving average held at 0.68.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $89.25 and resistance around $92.70. For the Nasdaq 100 (QQQQ),
support is near $35.00 and resistance is around $37.20.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
No events scheduled for today.
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
APOL 1.12
HRB 2.05
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
risk and are not suitable for all investors and investing in
options carries substantial risk. Prior to buying or selling
New PriceWatch Alerts for AAPL, AXP, DO, STI, and More...
June 29, 8:30 AM EST - Before the open... PriceWatch Alerts for
AAPL, AXP, DO, STI, SNY, ACN, O, AAN, OSIP, and RAX, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for AAPL, AXP, DO, STI, SNY, ACN, O, AAN,
OSIP, and RAX
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Apple Inc. (Nasdaq: AAPL)
Last Price 142.44 - AUG 140.00 CALL OPTION@ $9.15 -> 5.0% Return
(34.7% Annualized) assigned*
-- Sanofi-Aventis (NYSE: SNY)
Last Price 28.01 - AUG 27.00 CALL OPTION@ $2.10 -> 4.2% Return
(29.0% Annualized) assigned*
-- Accenture Ltd. (NYSE: ACN)
Last Price 33.72 - NOV 35.00 CALL OPTION@ $1.70 -> 9.3% Return
(23.8% Annualized) assigned*
-- Realty Income Corp. (NYSE: O)
Last Price 21.79 - DEC 22.50 CALL OPTION@ $1.05 -> 8.5% Return
(17.9% Annualized) assigned*
-- Aaron's, Inc. (NYSE: AAN)
Last Price 29.06 - NOV 25.00 CALL OPTION@ $5.80 -> 7.5% Return
(19.1% Annualized) assigned*
-- American Express Company (NYSE: AXP)
Last Price 23.76 - AUG 23.00 CALL OPTION@ $2.20 -> 6.7% Return
(46.0% Annualized) assigned*
-- Diamond Offshore Drilling Inc. (NYSE: DO)
Last Price 84.58 - AUG 80.00 CALL OPTION@ $8.30 -> 4.9% Return
(33.6% Annualized) assigned*
-- SunTrust Banks, Inc. (NYSE: STI)
Last Price 15.91 - AUG 15.00 CALL OPTION@ $2.00 -> 7.8% Return
(54.0% Annualized) assigned*
-- OSI Pharmaceuticals Inc. (Nasdaq: OSIP)
Last Price 27.56 - OCT 25.00 CALL OPTION@ $4.20 -> 7.0% Return
(23.3% Annualized) assigned*
-- Rackspace Hosting, Inc (NYSE: RAX)
Last Price 14.50 - SEP 15.00 CALL OPTION@ $1.35 -> 14.1% Return
(62.6% 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!
NEWS LEADERS AND LAGGARDS-----------------------------------------
So far this morning, Amazon.com, Hartford Insurance Group, and
Wendy's/Arby's Group lead the list of companies with positive news,
while Enterprise Products Partners and Watson Wyatt Worldwide lead
the list of companies with negative news. Pepsico, KB Home, and
Discover Financial were upgraded this morning, while Sanofy-
Aventis, Alcoa, and Biogen Idec were downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading is in good shape this morning, as seven of the 10
foreign indices that we track are in positive territory. The
cumulative average return on the collective stands at a gain of
0.48%. Trading in Asia closed mixed, with financials weighing on
Japan's benchmark index, while miners dragged Sydney lower after a
report that China has ended its program of stockpiling supplies of
metals. Across the pond in Europe, shares logged modest gain, as
oil producers advanced and merger-and-acquisition speculation and
broker upgrades boosted sentiment.
Crude futures turned lower with stocks on Friday, pressured by
anxiety over tight consumer spending habits. The market also
reacted to easing geopolitical tensions out of Nigeria, where
pipeline attacks by militant rebels have surged in recent weeks.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 939,349 call contracts traded on Friday, compared to 650,514
put contracts. The resultant single-session put/call ratio arrived
at 0.69, while the 21-day moving average held at 0.68.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $89.25 and resistance around $92.70. For the Nasdaq 100 (QQQQ),
support is near $35.00 and resistance is around $37.20.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
No events scheduled for today.
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
APOL 1.12
HRB 2.05
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
risk and are not suitable for all investors and investing in
options carries substantial risk. Prior to buying or selling
