MORNING UPDATE: PriceWatch Alerts for F and More... for 2013-01-03 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for F, ORCL, GMCR, and More... March 1, 9:00 AM ET - PriceWatch Alerts for F, GMCR, SYMC, CVC, YOKU, ORCL, VOD, CLR, DDD and CZZ, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for F, GMCR, SYMC, CVC, YOKU, ORCL, VOD, CLR, DDD and CZZ Ford Motor (NYSE: F) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the September $12.00 call while simultaneously buying F stock for $12.61 will result in a new position with a break-even point around $11.33. At that price, this position has a target return of 5.9%. This trade has 10.2% downside protection, while still providing a 5.9% return in 204 days as long as F is above $12.00 on 9/21/2013. For comparison purposes only, this Ford Motor covered call targets an annualized return rate of 10.6%. Green Mountain Coffee Roasters (NASDAQ: GMCR) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $47.00 call while at the same time buying GMCR stock for $47.75 will produce a new covered call with a target return of 5.6%. Based on recent data, this trade will cost about $44.50, which is also the covered call?s breakeven point. At that price, this covered call has 6.8% downside protection, while seeking an assigned return of 5.6% return in 50 days. If GMCR is higher than $47.00 on 4/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 41.0%. Symantec (NASDAQ: SYMC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $23.44 while simultaneously selling the July $23.00 call will result in a new position with a target return of 6.0%. Based on recent prices, this position will cost about $21.70, which is also the trade?s breakeven point. At that level, this covered call has 7.4% downside protection, while still providing a 6.0% return in 141 days as long as SYMC is above $23.00 on 7/20/2013. For comparison purposes only, this Symantec covered call aims for an annualized return rate of 15.5%. Cablevision Systems (NYSE: CVC) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $13.99 while selling the June $14.00 call will produce a new covered call with a break-even point around $12.94. At that price, this position has a target return of 8.2%. This trade will have roughly 7.5% downside protection, while still aiming for a 8.2% return in 113 days. It will lock in that return as long as Cablevision Systems is above $14.00 on 6/22/2013. For comparison purposes only, this CVC covered call aims for an annualized return rate of 26.5%. Youku.com (NYSE: YOKU) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $20.00 call while simultaneously buying YOKU stock for $20.39 will result in a new position with a break-even point around $18.44. At that price, this position has a target return of 8.5%. This trade has 9.6% downside protection, while still providing a 8.5% return in 50 days as long as YOKU is above $20.00 on 4/20/2013. For comparison purposes only, this Youku.com covered call targets an annualized return rate of 61.7%. Oracle (NASDAQ: ORCL) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $34.24 while simultaneously selling the June $34.00 call will result in a new position with a target return of 4.9%. Based on recent prices, this position will cost about $32.42, which is also the trade?s breakeven point. At that level, this covered call has 5.3% downside protection, while still providing a 4.9% return in 113 days as long as ORCL is above $34.00 on 6/22/2013. For comparison purposes only, this Oracle covered call aims for an annualized return rate of 15.7%. Vodafone Group (NASDAQ: VOD) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the July $25.00 call while at the same time buying VOD stock for $25.14 will produce a new covered call with a target return of 4.6%. Based on recent data, this trade will cost about $23.89, which is also the covered call?s breakeven point. At that price, this covered call has 5.0% downside protection, while seeking an assigned return of 4.6% return in 141 days. If VOD is higher than $25.00 on 7/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 12.0%. Continental Resources (NYSE: CLR) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $85.00 call while simultaneously buying CLR stock for $88.00 will result in a new position with a break-even point around $80.80. At that price, this position has a target return of 5.2%. This trade has 8.2% downside protection, while still providing a 5.2% return in 113 days as long as CLR is above $85.00 on 6/22/2013. For comparison purposes only, this Continental Resources covered call targets an annualized return rate of 16.8%. 3D Systems (AMEX: DDD) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $36.96 while selling the April $36.67 call will produce a new covered call with a break-even point around $34.01. At that price, this position has a target return of 7.8%. This trade will have roughly 8.0% downside protection, while still aiming for a 7.8% return in 50 days. It will lock in that return as long as 3D Systems is above $36.67 on 4/20/2013. For comparison purposes only, this DDD covered call aims for an annualized return rate of 57.1%. Cosan (NYSE: CZZ) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $20.56 while simultaneously selling the September $20.00 call will result in a new position with a target return of 6.0%. Based on recent prices, this position will cost about $18.86, which is also the trade?s breakeven point. At that level, this covered call has 8.3% downside protection, while still providing a 6.0% return in 204 days as long as CZZ is above $20.00 on 9/21/2013. For comparison purposes only, this Cosan covered call aims for an annualized return rate of 10.8%. *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 Intuitive Surgical (ISRG), Deckers Outdoor Corporation (DECK) and Nanosphere (NSPH) are headed higher this morning, while Ichan Enterprises (IEP), Omnivision Technologies (OVTI) and Caesars Entertainment Corp (CZR) are in decline. 8x8 (EGhT) and Intuitive Surgical (ISRG) were upgraded by analysts this morning, while Cablevision (CBC) was downgraded. MARKET OVERVIEW In Asia, stocks ended the overnight session in mixed fashion. Tawian's TSEC rose 0.8% and the Japanese Nikkei and Indian Sensex also finished with gains. Meanwhile, Hong Kong's Hang Seng fell 0.6%, and the Shanghai SEC and Australian All Ordinaries each lost 0.3%. Chinese manufacturing data came in weaker than was hoped but Japanese investors remained optimistic about the direction their new central bankers will take. European markets are lower across the board at last check as investors there worried about the US sequester. The French CAC 40 is down 1.4%, while the Euronext 100 and the German DAX each are off about 1.1% so far this morning. In commodities, energy futures are sharply lower this morning. West Texas crude is down $1.45, which equates to a 1.6% dip, while heating oil and gasoline each off by about 1% as well. Natural gas has lost the least of the bunch but is still down 0.3%. Precious metals are also widely losing ground, with gold futures off 0.4%, copper down 1.7%, silver losing 1.0%, and palladium down 2.4%. In currencies, the US Dollar is stronger against all major competitors, including the Yen, Euro, and Pound. PUT/CALL RATIO Yesterday, 768,185 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 514,899 put contracts. The single-session put/call was 0.67, while the 20-day moving average is now at 0.64. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $148.20 and is above recent resistance. The Nasdaq 100 (QQQ) has support around $66.60 and could meet resistance near $68.20. TODAY'S ECONOMIC CALENDAR 8:30 AM Jan Personal Income 8:30 AM Jan PCE Prices ? Core 8:30 AM Jan Personal Spending 9:55 AM Feb Michigan Sentiment ? Final 10:00 AM Feb ISM Index 10:00 AM Jan Construction Spending 2:00 PM Feb Auto Sales 2:00 PM Feb Truck Sales 2/23 Natural Gas Inventories EARNINGS EXPECTED TODAY BBY POM 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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