MORNING UPDATE: PriceWatch Alerts for CAT and More...
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MORNING UPDATE: PriceWatch Alerts for CAT, COF, LVS, and More...
April 26, 9:00 AM ET - PriceWatch Alerts for CAT, BMY, FFIV, LEA,
LEAP, COF, LVS, TSLA, KOG, and CAKE, Market Overview, News Leaders
and Laggards, Today's Economic Calendar, and Index Support &
Resistance Levels.
PriceWatch Alerts for CAT, BMY, FFIV, LEA, LEAP, COF, LVS, TSLA,
KOG, and CAKE
Caterpillar (NYSE: CAT) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $84.51 while simultaneously
selling the July $85.00 call will result in a new position with a
target return of 4.0%. Based on recent prices, this position will
cost about $81.73, which is also the trade?s breakeven point. At
that level, this covered call has 3.3% downside protection, while
still providing a 4.0% return in 85 days as long as CAT is above
$85.00 on 7/20/2013. For comparison purposes only, this
Caterpillar covered call aims for an annualized return rate of
17.2%.
Bristol Myers (NYSE: BMY) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
September $41.00 call while at the same time buying BMY stock for
$40.22 will produce a new covered call with a target return of
5.3%. Based on recent data, this trade will cost about $38.92,
which is also the covered call?s breakeven point. At that price,
this covered call has 3.2% downside protection, while seeking an
assigned return of 5.3% return in 148 days. If BMY is higher than
$41.00 on 9/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 13.2%.
F5 Networks (NASDAQ: FFIV) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the June $75.00 call while simultaneously
buying FFIV stock for $74.89 will result in a new position with a
break-even point around $71.19. At that price, this position has a
target return of 5.4%. This trade has 4.9% downside protection,
while still providing a 5.4% return in 57 days as long as FFIV is
above $75.00 on 6/22/2013. For comparison purposes only, this F5
Networks covered call targets an annualized return rate of 34.3%.
Lear (NYSE: LEA) has been identified by InvestorsObserver analysts
as being well-positioned for a new covered call today. Buying the
stock for $57.38 while selling the September $60.00 call will
produce a new covered call with a break-even point around $55.33.
At that price, this position has a target return of 8.4%. This
trade will have roughly 3.6% downside protection, while still
aiming for a 8.4% return in 148 days. It will lock in that return
as long as Lear is above $60.00 on 9/21/2013. For comparison
purposes only, this LEA covered call aims for an annualized return
rate of 20.8%.
Leap Wireless International (NASDAQ: LEAP) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $6.22 while
simultaneously selling the January $6.00 call will result in a new
position with a target return of 20.0%. Based on recent prices,
this position will cost about $5.00, which is also the trade?s
breakeven point. At that level, this covered call has 19.6%
downside protection, while still providing a 20.0% return in 267
days as long as LEAP is above $6.00 on 1/18/2014. For comparison
purposes only, this Leap Wireless International covered call aims
for an annualized return rate of 27.3%.
Capital One (NYSE: COF) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
September $55.00 call while at the same time buying COF stock for
$57.03 will produce a new covered call with a target return of
4.1%. Based on recent data, this trade will cost about $52.83,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.4% downside protection, while seeking an
assigned return of 4.1% return in 148 days. If COF is higher than
$55.00 on 9/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 10.1%.
Las Vegas Sands (NYSE: LVS) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the July $55.00 call while simultaneously
buying LVS stock for $57.10 will result in a new position with a
break-even point around $52.65. At that price, this position has a
target return of 4.5%. This trade has 7.8% downside protection,
while still providing a 4.5% return in 85 days as long as LVS is
above $55.00 on 7/20/2013. For comparison purposes only, this Las
Vegas Sands covered call targets an annualized return rate of
19.2%.
Tesla (NASDAQ: TSLA) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $52.00 while selling the September $50.00
call will produce a new covered call with a break-even point
around $46.30. At that price, this position has a target return of
8.0%. This trade will have roughly 11.0% downside protection,
while still aiming for a 8.0% return in 148 days. It will lock in
that return as long as Tesla is above $50.00 on 9/21/2013. For
comparison purposes only, this TSLA covered call aims for an
annualized return rate of 19.7%.
Kodiak Oil & Gas (NYSE: KOG) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $7.87 while
simultaneously selling the December $8.00 call will result in a
new position with a target return of 15.6%. Based on recent
prices, this position will cost about $6.92, which is also the
trade?s breakeven point. At that level, this covered call has
12.1% downside protection, while still providing a 15.6% return in
239 days as long as KOG is above $8.00 on 12/21/2013. For
comparison purposes only, this Kodiak Oil & Gas covered call aims
for an annualized return rate of 23.8%.
Cheesecake Factory (NASDAQ: CAKE) has been chosen by
InvestorsObserver analysts as a candidate for a new covered call
today. Selling the October $39.00 call while at the same time
buying CAKE stock for $39.74 will produce a new covered call with
a target return of 5.6%. Based on recent data, this trade will
cost about $36.94, 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 5.6% return in 176
days. If CAKE is higher than $39.00 on 10/19/2013, we are assured
that simple return. For comparison purposes only, that equates to
an annualized return rate of 11.6%.
*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
Coinstar (CSTR), JC Penney (JCP), and DR Horton (DHI) are moving
higher to start the morning, while Baidu.com (BIDU), Sony (SNE)
and Starbucks (SBUX) are headed lower. Sunpower (SPWR), Pulte
Homes (PHM) and Lender Processing Services (LPS) were was upgraded
by analysts, while Amerisource Bergen (ABC), PerkinElmer (PKI) and
USG (USG) received downgrades.
MARKET OVERVIEW
Asian markets were mostly lower overnight, with the Shanghai SEC
Index down 1.0%. The Mumbai Sensex lost 0.6% and the Nikkei 225
fell 0.3%, but the Hong Kong Hang Seng added 0.7%. The Bank of
Japan made a policy announcement that included no new information
or action. While that was the expected result, it was not what
traders were hoping for.
So far this morning in Europe, the region's markets are almost all
headed lower. The Euronext 100 is down 1.0% at last check, while
the French CAC 40 is off 0.8% and the Swiss Market Index is down
0.6%. Late in yesterday's US session, news broke from Germany that
the Bundesbank president criticized the European Central Bank's
outright monetary transactions, or OMTs. Concerns about this news
are being blamed for yesterday's late slide in US stocks, and much
of Europe's weakness today.
In commodities, crude oil is down slightly so far this morning
after two days of significant gains. West Texas Intermediate is
trading at $93.25, down $0.39, but has used the past few days to
climb back to its levels from two weeks ago, before the commodity
crash led by gold. Heating oil, gasoline and natural gas also all
down a small amount. In metals, gold is virtually flat this
morning at $1.463. Silver and copper are down 0.7% but platinum is
up more than 1.7%. The US Dollar is weaker against the Yen,
stronger against the Euro, and Bitcoins have fallen in the past 24
hours to trade currently around $133.
PUT/CALL RATIO
Yesterday, 182,169 equity call contracts traded on the Chicago
Board Options Exchange (CBOE) compared to 111,008 put contracts.
The super-low volume was due to that exchange not opening in the
morning due to software problems. The single-session put/call was
0.61, while the 20-day moving average stayed pegged at 0.67.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $153.55,
and resistance at $160.00. The Nasdaq 100 (QQQ) has support at
$66.85 and resistance at $70.15.
TODAY'S ECONOMIC CALENDAR
8:30 A.M. Q1 GDP
8:30 A.M. Q1 Chain Deflator
9:55 A.M. Apr Michigan Sentiment
EARNINGS EXPECTED TODAY
ABBV
AEP
AON
CVX
COV
DHI
DTE
FLIR
LYB
NOV
GT
TYC
VFC
WY
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 CAT, COF, LVS, and More...
April 26, 9:00 AM ET - PriceWatch Alerts for CAT, BMY, FFIV, LEA,
LEAP, COF, LVS, TSLA, KOG, and CAKE, Market Overview, News Leaders
and Laggards, Today's Economic Calendar, and Index Support &
Resistance Levels.
PriceWatch Alerts for CAT, BMY, FFIV, LEA, LEAP, COF, LVS, TSLA,
KOG, and CAKE
Caterpillar (NYSE: CAT) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $84.51 while simultaneously
selling the July $85.00 call will result in a new position with a
target return of 4.0%. Based on recent prices, this position will
cost about $81.73, which is also the trade?s breakeven point. At
that level, this covered call has 3.3% downside protection, while
still providing a 4.0% return in 85 days as long as CAT is above
$85.00 on 7/20/2013. For comparison purposes only, this
Caterpillar covered call aims for an annualized return rate of
17.2%.
Bristol Myers (NYSE: BMY) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
September $41.00 call while at the same time buying BMY stock for
$40.22 will produce a new covered call with a target return of
5.3%. Based on recent data, this trade will cost about $38.92,
which is also the covered call?s breakeven point. At that price,
this covered call has 3.2% downside protection, while seeking an
assigned return of 5.3% return in 148 days. If BMY is higher than
$41.00 on 9/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 13.2%.
F5 Networks (NASDAQ: FFIV) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the June $75.00 call while simultaneously
buying FFIV stock for $74.89 will result in a new position with a
break-even point around $71.19. At that price, this position has a
target return of 5.4%. This trade has 4.9% downside protection,
while still providing a 5.4% return in 57 days as long as FFIV is
above $75.00 on 6/22/2013. For comparison purposes only, this F5
Networks covered call targets an annualized return rate of 34.3%.
Lear (NYSE: LEA) has been identified by InvestorsObserver analysts
as being well-positioned for a new covered call today. Buying the
stock for $57.38 while selling the September $60.00 call will
produce a new covered call with a break-even point around $55.33.
At that price, this position has a target return of 8.4%. This
trade will have roughly 3.6% downside protection, while still
aiming for a 8.4% return in 148 days. It will lock in that return
as long as Lear is above $60.00 on 9/21/2013. For comparison
purposes only, this LEA covered call aims for an annualized return
rate of 20.8%.
Leap Wireless International (NASDAQ: LEAP) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $6.22 while
simultaneously selling the January $6.00 call will result in a new
position with a target return of 20.0%. Based on recent prices,
this position will cost about $5.00, which is also the trade?s
breakeven point. At that level, this covered call has 19.6%
downside protection, while still providing a 20.0% return in 267
days as long as LEAP is above $6.00 on 1/18/2014. For comparison
purposes only, this Leap Wireless International covered call aims
for an annualized return rate of 27.3%.
Capital One (NYSE: COF) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
September $55.00 call while at the same time buying COF stock for
$57.03 will produce a new covered call with a target return of
4.1%. Based on recent data, this trade will cost about $52.83,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.4% downside protection, while seeking an
assigned return of 4.1% return in 148 days. If COF is higher than
$55.00 on 9/21/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 10.1%.
Las Vegas Sands (NYSE: LVS) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the July $55.00 call while simultaneously
buying LVS stock for $57.10 will result in a new position with a
break-even point around $52.65. At that price, this position has a
target return of 4.5%. This trade has 7.8% downside protection,
while still providing a 4.5% return in 85 days as long as LVS is
above $55.00 on 7/20/2013. For comparison purposes only, this Las
Vegas Sands covered call targets an annualized return rate of
19.2%.
Tesla (NASDAQ: TSLA) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $52.00 while selling the September $50.00
call will produce a new covered call with a break-even point
around $46.30. At that price, this position has a target return of
8.0%. This trade will have roughly 11.0% downside protection,
while still aiming for a 8.0% return in 148 days. It will lock in
that return as long as Tesla is above $50.00 on 9/21/2013. For
comparison purposes only, this TSLA covered call aims for an
annualized return rate of 19.7%.
Kodiak Oil & Gas (NYSE: KOG) has been selected by
InvestorsObserver analysts as a stock that is an ideal candidate
for a new covered call today. Buying the stock for $7.87 while
simultaneously selling the December $8.00 call will result in a
new position with a target return of 15.6%. Based on recent
prices, this position will cost about $6.92, which is also the
trade?s breakeven point. At that level, this covered call has
12.1% downside protection, while still providing a 15.6% return in
239 days as long as KOG is above $8.00 on 12/21/2013. For
comparison purposes only, this Kodiak Oil & Gas covered call aims
for an annualized return rate of 23.8%.
Cheesecake Factory (NASDAQ: CAKE) has been chosen by
InvestorsObserver analysts as a candidate for a new covered call
today. Selling the October $39.00 call while at the same time
buying CAKE stock for $39.74 will produce a new covered call with
a target return of 5.6%. Based on recent data, this trade will
cost about $36.94, 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 5.6% return in 176
days. If CAKE is higher than $39.00 on 10/19/2013, we are assured
that simple return. For comparison purposes only, that equates to
an annualized return rate of 11.6%.
*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
Coinstar (CSTR), JC Penney (JCP), and DR Horton (DHI) are moving
higher to start the morning, while Baidu.com (BIDU), Sony (SNE)
and Starbucks (SBUX) are headed lower. Sunpower (SPWR), Pulte
Homes (PHM) and Lender Processing Services (LPS) were was upgraded
by analysts, while Amerisource Bergen (ABC), PerkinElmer (PKI) and
USG (USG) received downgrades.
MARKET OVERVIEW
Asian markets were mostly lower overnight, with the Shanghai SEC
Index down 1.0%. The Mumbai Sensex lost 0.6% and the Nikkei 225
fell 0.3%, but the Hong Kong Hang Seng added 0.7%. The Bank of
Japan made a policy announcement that included no new information
or action. While that was the expected result, it was not what
traders were hoping for.
So far this morning in Europe, the region's markets are almost all
headed lower. The Euronext 100 is down 1.0% at last check, while
the French CAC 40 is off 0.8% and the Swiss Market Index is down
0.6%. Late in yesterday's US session, news broke from Germany that
the Bundesbank president criticized the European Central Bank's
outright monetary transactions, or OMTs. Concerns about this news
are being blamed for yesterday's late slide in US stocks, and much
of Europe's weakness today.
In commodities, crude oil is down slightly so far this morning
after two days of significant gains. West Texas Intermediate is
trading at $93.25, down $0.39, but has used the past few days to
climb back to its levels from two weeks ago, before the commodity
crash led by gold. Heating oil, gasoline and natural gas also all
down a small amount. In metals, gold is virtually flat this
morning at $1.463. Silver and copper are down 0.7% but platinum is
up more than 1.7%. The US Dollar is weaker against the Yen,
stronger against the Euro, and Bitcoins have fallen in the past 24
hours to trade currently around $133.
PUT/CALL RATIO
Yesterday, 182,169 equity call contracts traded on the Chicago
Board Options Exchange (CBOE) compared to 111,008 put contracts.
The super-low volume was due to that exchange not opening in the
morning due to software problems. The single-session put/call was
0.61, while the 20-day moving average stayed pegged at 0.67.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $153.55,
and resistance at $160.00. The Nasdaq 100 (QQQ) has support at
$66.85 and resistance at $70.15.
TODAY'S ECONOMIC CALENDAR
8:30 A.M. Q1 GDP
8:30 A.M. Q1 Chain Deflator
9:55 A.M. Apr Michigan Sentiment
EARNINGS EXPECTED TODAY
ABBV
AEP
AON
CVX
COV
DHI
DTE
FLIR
LYB
NOV
GT
TYC
VFC
WY
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
