MORNING UPDATE: PriceWatch Alerts for AMZN and More... for 2013-08-01 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for AMZN, MS, YHOO, and More... January 8, 9:00 AM ET - PriceWatch Alerts for AMZN, WFM, GGC, TOL, NOW, MS, YHOO, BX, CRUS, STLD, FB, TGT, NTAP, CTRX, and OAS, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for AMZN, WFM, GGC, TOL, NOW, MS, YHOO, BX, CRUS, STLD, FB, TGT, NTAP, CTRX, and OAS Amazon (NASDAQ: AMZN) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $268.46 while simultaneously selling the April $265.00 call will result in a new position with a target return of 6.2%. Based on recent prices, this position will cost about $249.56, which is also the trade?s breakeven point. At that level, this covered call has 7.0% downside protection, while still providing a 6.2% return in 102 days as long as AMZN is above $265.00 on 4/20/2013. For comparison purposes only, this Amazon covered call aims for an annualized return rate of 22.1%. Whole Foods (NASDAQ: WFM) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the May $88.00 call while at the same time buying WFM stock for $88.41 will produce a new covered call with a target return of 7.0%. Based on recent data, this trade will cost about $82.21, which is also the covered call?s breakeven point. At that price, this covered call has 7.0% downside protection, while seeking an assigned return of 7.0% return in 130 days. If WFM is higher than $88.00 on 5/18/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 19.8%. Georgia Gulf (NYSE: GGC) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the May $42.50 call while simultaneously buying GGC stock for $43.46 will result in a new position with a break- even point around $40.36. At that price, this position has a target return of 5.3%. This trade has 7.1% downside protection, while still providing a 5.3% return in 130 days as long as GGC is above $42.50 on 5/18/2013. For comparison purposes only, this Georgia Gulf covered call targets an annualized return rate of 14.9%. Toll Brothers (NYSE: TOL) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $34.35 while selling the March $34.00 call will produce a new covered call with a break-even point around $33.25. At that price, this position has a target return of 2.3%. This trade will have roughly 3.2% downside protection, while still aiming for a 2.3% return in 67 days. It will lock in that return as long as Toll Brothers is above $34.00 on 3/16/2013. For comparison purposes only, this TOL covered call aims for an annualized return rate of 12.3%. Servicenow (NYSE: NOW) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $27.36 while simultaneously selling the May $25.00 call will result in a new position with a target return of 10.3%. Based on recent prices, this position will cost about $22.66, which is also the trade?s breakeven point. At that level, this covered call has 17.2% downside protection, while still providing a 10.3% return in 130 days as long as NOW is above $25.00 on 5/18/2013. For comparison purposes only, this Servicenow covered call aims for an annualized return rate of 29.0%. Morgan Stanley (NYSE: MS) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $19.00 call while simultaneously buying MS stock for $19.80 will result in a new position with a break-even point around $17.58. At that price, this position has a target return of 8.1%. This trade has 11.2% downside protection, while still providing a 8.1% return in 193 days as long as MS is above $19.00 on 7/20/2013. For comparison purposes only, this Morgan Stanley covered call targets an annualized return rate of 15.3%. Yahoo (NASDAQ: YHOO) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $19.00 call while at the same time buying YHOO stock for $19.40 will produce a new covered call with a target return of 7.2%. Based on recent data, this trade will cost about $17.72, which is also the covered call?s breakeven point. At that price, this covered call has 8.7% downside protection, while seeking an assigned return of 7.2% return in 193 days. If YHOO is higher than $19.00 on 7/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 13.7%. Blackstone Group (NYSE: BX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $16.76 while simultaneously selling the June $17.00 call will result in a new position with a target return of 7.9%. Based on recent prices, this position will cost about $15.76, which is also the trade?s breakeven point. At that level, this covered call has 6.0% downside protection, while still providing a 7.9% return in 165 days as long as BX is above $17.00 on 6/22/2013. For comparison purposes only, this Blackstone Group covered call aims for an annualized return rate of 17.4%. Cirrus Logic (NASDAQ: CRUS) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $29.67 while selling the March $29.00 call will produce a new covered call with a break-even point around $26.27. At that price, this position has a target return of 10.4%. This trade will have roughly 11.5% downside protection, while still aiming for a 10.4% return in 67 days. It will lock in that return as long as Cirrus Logic is above $29.00 on 3/16/2013. For comparison purposes only, this CRUS covered call aims for an annualized return rate of 56.6%. Steel Dynamics (NASDAQ: STLD) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the May $15.00 call while simultaneously buying STLD stock for $15.01 will result in a new position with a break-even point around $13.86. At that price, this position has a target return of 8.2%. This trade has 7.7% downside protection, while still providing a 8.2% return in 130 days as long as STLD is above $15.00 on 5/18/2013. For comparison purposes only, this Steel Dynamics covered call targets an annualized return rate of 23.1%. Facebook (NASDAQ: FB) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $29.42 while selling the March $29.00 call will produce a new covered call with a break-even point around $26.67. At that price, this position has a target return of 8.7%. This trade will have roughly 9.3% downside protection, while still aiming for a 8.7% return in 67 days. It will lock in that return as long as Facebook is above $29.00 on 3/16/2013. For comparison purposes only, this FB covered call aims for an annualized return rate of 47.6%. Target (NYSE: TGT) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $61.30 while simultaneously selling the July $62.50 call will result in a new position with a target return of 6.1%. Based on recent prices, this position will cost about $58.90, which is also the trade?s breakeven point. At that level, this covered call has 3.9% downside protection, while still providing a 6.1% return in 193 days as long as TGT is above $62.50 on 7/20/2013. For comparison purposes only, this Target covered call aims for an annualized return rate of 11.6%. NetApp (NASDAQ: NTAP) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $33.00 call while at the same time buying NTAP stock for $33.24 will produce a new covered call with a target return of 5.4%. Based on recent data, this trade will cost about $31.32, which is also the covered call?s breakeven point. At that price, this covered call has 5.8% downside protection, while seeking an assigned return of 5.4% return in 39 days. If NTAP is higher than $33.00 on 2/16/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 50.2%. Catamaran (NASDAQ: CTRX) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $50.00 call while simultaneously buying CTRX stock for $51.77 will result in a new position with a break-even point around $47.07. At that price, this position has a target return of 6.2%. This trade has 9.1% downside protection, while still providing a 6.2% return in 102 days as long as CTRX is above $50.00 on 4/20/2013. For comparison purposes only, this Catamaran covered call targets an annualized return rate of 22.3%. Oasis Petroleum (NYSE: OAS) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $34.05 while selling the May $30.00 call will produce a new covered call with a break-even point around $28.85. At that price, this position has a target return of 4.0%. This trade will have roughly 15.3% downside protection, while still aiming for a 4.0% return in 130 days. It will lock in that return as long as Oasis Petroleum is above $30.00 on 5/18/2013. For comparison purposes only, this OAS covered call aims for an annualized return rate of 11.2%. *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. 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Brands (YUM), AutoZone (AZO) and Ericsson (ERIC) are headed lower. Turkcell (TKC) and AptarGroup (ATR) were upgraded this morning, while Boeing (BA), EMC (EMC) and Deckers Outdoor (DECK) were downgraded. MARKET OVERVIEW Asian markets closed lower overnight, with the Hong Kong Hang Seng down 0.9% and the Japanese Nikkei off 0.8%. The Mumbai Sensex is one bright spot, up 0.3%. Reports out of Japan now have executives complaining in the press about too much stimulus and over-weakening of the Yen. In Europe, the biggest markets are all headed higher at last check. The French CAC 40 is up 0.7% and the Euronext is up 0.4%. Europe got some good economic news from increasing retail sales, but on the flip side of the coin unemployment rose slightly. In commodities this morning, West Texas crude is up 0.5%. Heating oil and gasoline are also higher, but natural gas is down about 0.9%. Gold is higher by 0.3% and silver, copper, and platinum are also are in positive territory. The US Dollar is higher versus the Swiss Franc and the Euro, but lower against the Yen and Canadian Dollar. PUT/CALL RATIO Yesterday, 690,162 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 469,158 put contracts. The single-session put/call was 0.68 yesterday, while the 20-day moving average held near 0.630. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $139.55 and resistance around $146.35. The Nasdaq 100 (QQQ) holds support near $63.55 and resistance at $67.35. TODAY'S ECONOMIC CALENDAR 3:00 P.M. Nov Consumer Credit EARNINGS EXPECTED TODAY AA APOL GPN MON WDFC 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 |
