MORNING UPDATE: PriceWatch Alerts for GOOG and More... for 2013-04-17 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for GOOG, INTC, MRK, and More... April 17, 9:00 AM ET - PriceWatch Alerts for GOOG, CRM, HCA, NXPI, USG, INTC, DAL, SCCO, LRCX, NKTR, MRK, NTAP, CSX, THRX, and UNXL, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for GOOG, CRM, HCA, NXPI, USG, INTC, DAL, SCCO, LRCX, NKTR, MRK, NTAP, CSX, THRX, and UNXL Google (NASDAQ: GOOG) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $793.37 while selling the September $790.00 call will produce a new covered call with a break-even point around $747.37. At that price, this position has a target return of 5.7%. This trade will have roughly 5.8% downside protection, while still aiming for a 5.7% return in 157 days. It will lock in that return as long as Google is above $790.00 on 9/21/2013. For comparison purposes only, this GOOG covered call aims for an annualized return rate of 13.3%. Salesforce.com (NYSE: CRM) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $170.39 while simultaneously selling the June $170.00 call will result in a new position with a target return of 6.1%. Based on recent prices, this position will cost about $160.24, which is also the trade?s breakeven point. At that level, this covered call has 6.0% downside protection, while still providing a 6.1% return in 66 days as long as CRM is above $170.00 on 6/22/2013. For comparison purposes only, this Salesforce.com covered call aims for an annualized return rate of 33.7%. HCA (NYSE: HCA) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $37.50 call while at the same time buying HCA stock for $37.87 will produce a new covered call with a target return of 5.0%. Based on recent data, this trade will cost about $35.72, which is also the covered call?s breakeven point. At that price, this covered call has 5.7% downside protection, while seeking an assigned return of 5.0% return in 66 days. If HCA is higher than $37.50 on 6/22/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 27.5%. NXP Semiconductors (NASDAQ: NXPI) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $25.00 call while simultaneously buying NXPI stock for $28.57 will result in a new position with a break-even point around $23.97. At that price, this position has a target return of 4.3%. This trade has 16.1% downside protection, while still providing a 4.3% return in 94 days as long as NXPI is above $25.00 on 7/20/2013. For comparison purposes only, this NXP Semiconductors covered call targets an annualized return rate of 16.7%. USG (NYSE: USG) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $25.54 while selling the August $25.00 call will produce a new covered call with a break-even point around $22.64. At that price, this position has a target return of 10.4%. This trade will have roughly 11.4% downside protection, while still aiming for a 10.4% return in 122 days. It will lock in that return as long as USG is above $25.00 on 8/17/2013. For comparison purposes only, this USG covered call aims for an annualized return rate of 31.2%. Intel (NASDAQ: INTC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $21.92 while simultaneously selling the October $22.00 call will result in a new position with a target return of 6.0%. Based on recent prices, this position will cost about $20.75, which is also the trade?s breakeven point. At that level, this covered call has 5.3% downside protection, while still providing a 6.0% return in 185 days as long as INTC is above $22.00 on 10/19/2013. For comparison purposes only, this Intel covered call aims for an annualized return rate of 11.9%. Delta Air Lines (NYSE: DAL) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the September $15.00 call while at the same time buying DAL stock for $15.87 will produce a new covered call with a target return of 10.0%. Based on recent data, this trade will cost about $13.64, which is also the covered call?s breakeven point. At that price, this covered call has 14.1% downside protection, while seeking an assigned return of 10.0% return in 157 days. If DAL is higher than $15.00 on 9/21/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 23.2%. Southern Copper (NYSE: SCCO) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the September $32.00 call while simultaneously buying SCCO stock for $32.80 will result in a new position with a break-even point around $30.20. At that price, this position has a target return of 6.0%. This trade has 7.9% downside protection, while still providing a 6.0% return in 157 days as long as SCCO is above $32.00 on 9/21/2013. For comparison purposes only, this Southern Copper covered call targets an annualized return rate of 13.9%. Lam Research (NASDAQ: LRCX) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $41.48 while selling the September $41.00 call will produce a new covered call with a break- even point around $38.18. At that price, this position has a target return of 7.4%. This trade will have roughly 8.0% downside protection, while still aiming for a 7.4% return in 157 days. It will lock in that return as long as Lam Research is above $41.00 on 9/21/2013. For comparison purposes only, this LRCX covered call aims for an annualized return rate of 17.2%. Nektar Therapeutics (NASDAQ: NKTR) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $10.89 while simultaneously selling the September $11.00 call will result in a new position with a target return of 14.7%. Based on recent prices, this position will cost about $9.59, which is also the trade?s breakeven point. At that level, this covered call has 11.9% downside protection, while still providing a 14.7% return in 157 days as long as NKTR is above $11.00 on 9/21/2013. For comparison purposes only, this Nektar Therapeutics covered call aims for an annualized return rate of 34.2%. Merck (NYSE: MRK) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the October $47.00 call while at the same time buying MRK stock for $46.96 will produce a new covered call with a target return of 4.6%. Based on recent data, this trade will cost about $44.95, which is also the covered call?s breakeven point. At that price, this covered call has 4.3% downside protection, while seeking an assigned return of 4.6% return in 185 days. If MRK is higher than $47.00 on 10/19/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 9.0%. NetApp (NASDAQ: NTAP) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $35.00 call while simultaneously buying NTAP stock for $35.81 will result in a new position with a break-even point around $33.13. At that price, this position has a target return of 5.6%. This trade has 7.5% downside protection, while still providing a 5.6% return in 66 days as long as NTAP is above $35.00 on 6/22/2013. For comparison purposes only, this NetApp covered call targets an annualized return rate of 31.2%. CSX (NYSE: CSX) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $24.14 while selling the November $25.00 call will produce a new covered call with a break-even point around $22.91. At that price, this position has a target return of 9.1%. This trade will have roughly 5.1% downside protection, while still aiming for a 9.1% return in 213 days. It will lock in that return as long as CSX is above $25.00 on 11/16/2013. For comparison purposes only, this CSX covered call aims for an annualized return rate of 15.6%. Theravance (NASDAQ: THRX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $28.01 while simultaneously selling the May $28.00 call will result in a new position with a target return of 12.4%. Based on recent prices, this position will cost about $24.91, which is also the trade?s breakeven point. At that level, this covered call has 11.1% downside protection, while still providing a 12.4% return in 31 days as long as THRX is above $28.00 on 5/18/2013. For comparison purposes only, this Theravance covered call aims for an annualized return rate of 146.0%. Uni-Pixel (NASDAQ: UNXL) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $35.00 call while at the same time buying UNXL stock for $37.27 will produce a new covered call with a target return of 17.2%. Based on recent data, this trade will cost about $29.87, which is also the covered call?s breakeven point. At that price, this covered call has 19.9% downside protection, while seeking an assigned return of 17.2% return in 94 days. If UNXL is higher than $35.00 on 7/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 66.7%. *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. 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MARKET OVERVIEW In Asia, the major markets were either strongly bullish or strangely neutral overnight. The Japanese Nikkei gained 1.2% and the Australian All-Ordinaries rose 1.0%. However, the Shanghai, Hong Kong, Taiwan and Mumbai bourses moved less than 0.1% in either direction. The Yen weakened, which gave Japanese exporters a push higher. European markets are all headed lower so far this morning. The German DAX is down 1.7% and the French CAC 40 is off 1.5%. The Euronext 100 and the Swiss Market Index are each down about 1.0%. Earnings from Burberry lifted that stock more than 3% while a weak report from Tesco saw the retailer drop more than 3%. In commodities, West Texas crude oil is falling sharply again, down 1.7% to $87.50. Heating oil and gasoline are also lower by more than 1%, but natural gas is higher by 1.5%. In metals, gold is down again, off 0.9% today at $1375, but still above its lowest point from Monday and Tuesday. Silver, copper, and platinum are all also down at least 1.7% each. In currencies, the US Dollar is gaining against the Euro and the Yen. Bitcoins remain volatile and are currently near $80, up 60% from yesterday's low. PUT/CALL RATIO Yesterday, 825,691 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 579,344 put contracts. The single-session put/call was 0.7, while the 20-day moving average is now at 0.67. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $154, and resistance at $160. The Nasdaq 100 (QQQ) has support at $68.25 and resistance at $70. TODAY'S ECONOMIC CALENDAR 7:00 AM 4/13 MBA Mortgage Index 10:30 AM 4/13 Crude Inventories 2:00 PM Apr Fed's Beige Book EARNINGS EXPECTED TODAY ABT AXP BAC BK DOV EBAY HBAN MAT NE PNC DGX SNDK SLM STJ TXT 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. 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