MORNING UPDATE: PriceWatch Alerts for V and More... for 2013-01-29 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for V, AMGN, WAG and More... January 29, 9:00 AM ET - PriceWatch Alerts for V, NVDA, YOKU, NUAN, DOLE, AMGN, FDX, HTZ, NAV, SFL, WAG, CRM, CSTR, ARUN, and ABMD, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. PriceWatch Alerts for V, NVDA, YOKU, NUAN, DOLE, AMGN, FDX, HTZ, NAV, SFL, WAG, CRM, CSTR, ARUN, and ABMD Visa (NYSE: V) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $156.35 while selling the June $155.00 call will produce a new covered call with a break-even point around $148.25. At that price, this position has a target return of 4.6%. This trade will have roughly 5.2% downside protection, while still aiming for a 4.6% return in 144 days. It will lock in that return as long as Visa is above $155.00 on 6/22/2013. For comparison purposes only, this V covered call aims for an annualized return rate of 11.5%. NVIDIA (NASDAQ: NVDA) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $12.61 while simultaneously selling the September $12.00 call will result in a new position with a target return of 9.5%. Based on recent prices, this position will cost about $10.96, which is also the trade?s breakeven point. At that level, this covered call has 13.1% downside protection, while still providing a 9.5% return in 235 days as long as NVDA is above $12.00 on 9/21/2013. For comparison purposes only, this NVIDIA covered call aims for an annualized return rate of 14.7%. Youku.com (NYSE: YOKU) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the March $24.00 call while at the same time buying YOKU stock for $24.39 will produce a new covered call with a target return of 9.1%. Based on recent data, this trade will cost about $21.99, which is also the covered call?s breakeven point. At that price, this covered call has 9.8% downside protection, while seeking an assigned return of 9.1% return in 46 days. If YOKU is higher than $24.00 on 3/16/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 72.5%. Nuance Communications (NASDAQ: NUAN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the March $24.00 call while simultaneously buying NUAN stock for $24.02 will result in a new position with a break-even point around $22.97. At that price, this position has a target return of 4.5%. This trade has 4.4% downside protection, while still providing a 4.5% return in 46 days as long as NUAN is above $24.00 on 3/16/2013. For comparison purposes only, this Nuance Communications covered call targets an annualized return rate of 35.5%. Dole (NYSE: DOLE) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $11.12 while selling the July $11.00 call will produce a new covered call with a break-even point around $10.07. At that price, this position has a target return of 9.2%. This trade will have roughly 9.4% downside protection, while still aiming for a 9.2% return in 172 days. It will lock in that return as long as Dole is above $11.00 on 7/20/2013. For comparison purposes only, this DOLE covered call aims for an annualized return rate of 19.6%. Amgen (NASDAQ: AMGN) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $85.59 while simultaneously selling the July $87.50 call will result in a new position with a target return of 6.1%. Based on recent prices, this position will cost about $82.44, which is also the trade?s breakeven point. At that level, this covered call has 3.7% downside protection, while still providing a 6.1% return in 172 days as long as AMGN is above $87.50 on 7/20/2013. For comparison purposes only, this Amgen covered call aims for an annualized return rate of 13.0%. FedEx (NYSE: FDX) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $103.01 while selling the July $105.00 call will produce a new covered call with a break-even point around $98.81. At that price, this position has a target return of 6.3%. This trade will have roughly 4.1% downside protection, while still aiming for a 6.3% return in 172 days. It will lock in that return as long as FedEx is above $105.00 on 7/20/2013. For comparison purposes only, this FDX covered call aims for an annualized return rate of 13.3%. Hertz Global (NYSE: HTZ) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the June $188.00 call while at the same time buying HTZ stock for $18.58 will produce a new covered call with a target return of 1,017.1%. Based on recent data, this trade will cost about $16.83, which is also the covered call?s breakeven point. At that price, this covered call has 9.4% downside protection, while seeking an assigned return of 1,017.1% return in 144 days. If HTZ is higher than $188.00 on 6/22/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 2,577.9%. Navistar (NYSE: NAV) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $26.00 call while simultaneously buying NAV stock for $26.23 will result in a new position with a break-even point around $23.83. At that price, this position has a target return of 9.1%. This trade has 9.1% downside protection, while still providing a 9.1% return in 81 days as long as NAV is above $26.00 on 4/20/2013. For comparison purposes only, this Navistar covered call targets an annualized return rate of 41.0%. Ship Finance International (NYSE: SFL) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $17.06 while simultaneously selling the August $17.50 call will result in a new position with a target return of 8.0%. Based on recent prices, this position will cost about $16.21, which is also the trade?s breakeven point. At that level, this covered call has 5.0% downside protection, while still providing a 8.0% return in 200 days as long as SFL is above $17.50 on 8/17/2013. For comparison purposes only, this Ship Finance International covered call aims for an annualized return rate of 14.5%. Walgreen (NYSE: WAG) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $41.00 call while simultaneously buying WAG stock for $40.10 will result in a new position with a break-even point around $38.75. At that price, this position has a target return of 5.8%. This trade has 3.4% downside protection, while still providing a 5.8% return in 172 days as long as WAG is above $41.00 on 7/20/2013. For comparison purposes only, this Walgreen covered call targets an annualized return rate of 12.3%. Salesforce.com (NYSE: CRM) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $178.07 while selling the April $175.00 call will produce a new covered call with a break-even point around $165.97. At that price, this position has a target return of 5.4%. This trade will have roughly 6.8% downside protection, while still aiming for a 5.4% return in 81 days. It will lock in that return as long as Salesforce.com is above $175.00 on 4/20/2013. For comparison purposes only, this CRM covered call aims for an annualized return rate of 24.5%. Coinstar (NASDAQ: CSTR) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $53.06 while simultaneously selling the April $52.50 call will result in a new position with a target return of 9.7%. Based on recent prices, this position will cost about $47.86, which is also the trade?s breakeven point. At that level, this covered call has 9.8% downside protection, while still providing a 9.7% return in 81 days as long as CSTR is above $52.50 on 4/20/2013. For comparison purposes only, this Coinstar covered call aims for an annualized return rate of 43.7%. Aruba Networks (NASDAQ: ARUN) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the April $23.00 call while at the same time buying ARUN stock for $23.70 will produce a new covered call with a target return of 7.7%. Based on recent data, this trade will cost about $21.35, which is also the covered call?s breakeven point. At that price, this covered call has 9.9% downside protection, while seeking an assigned return of 7.7% return in 81 days. If ARUN is higher than $23.00 on 4/20/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 34.8%. Abiomed (NASDAQ: ABMD) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $15.20 call while simultaneously buying ABMD stock for $13.60 will result in a new position with a break-even point around $11.20. At that price, this position has a target return of 35.7%. This trade has 17.6% downside protection, while still providing a 35.7% return in 144 days as long as ABMD is above $15.20 on 6/22/2013. For comparison purposes only, this Abiomed covered call targets an annualized return rate of 90.5%. *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 PLX Technology, Inc. (PLX), Yahoo! Inc. (YHOO), and Pervasive Software (PVSW) are headed higher this morning, while Anacor Pharmaceuticals, Inc. (ANAC), Kulicke and Soffa Industries, Inc. (KLIC), and Seagate Technology (STX) are in decline. Hovnanian (HOV), KB Home (KBH), and Lennar (LEN) were upgraded this morning, while Fortinet (FTNT), NCR Corp (NCR), and VMWare (VMW) were downgraded. MARKET OVERVIEW In Asia, the markets provided bullish results on the whole, led higher by Australia and Taiwan, which each rose 1.1%. On the flip side, the Mumbai Sensex dropped 0.5%. In Japan, construction stocks took the lead from Caterpillar's (CAT) earnings report and gained more than 1%. In Europe, most markets are headed lower at last check, with the Swiss Market Index down 0.6% and most other European indices off by a smaller amount. The FTSE was one bright spot, higher by 0.1%. Poor retail sales in Spain caused selling in that sector and concern that Spain's recession is getting worse. Bank stocks were also weak throughout the region. In early trading, energy commodities are barely changed today. West Texas crude is up just a dime, and is still in the range just below $100. Heating oil and gasoline are both also virtually unchanged, while natural gas is down more than 1.2%. Gold and platinum futures are up by about 0.5% while silver and copper are pretty much flat. The US Dollar is lower against most currencies, but higher versus the Euro. PUT/CALL RATIO Yesterday, 852,221 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 644,295 put contracts. The single-session put/call was 0.76, while the 20-day moving average hasn't moved too much in weeks and is now at 0.6425. SUPPORT & RESISTANCE LEVELS The S&P 500 Depository Receipts (SPY) ETF has support at $146.20 and might establish resistance around $150.35. The Nasdaq 100 (QQQ) still has support near $66.15 and has resistance near $67.80. TODAY'S ECONOMIC CALENDAR 9:00 AM Case-Shiller 20-city Index 10:00 AM Consumer Confidence EARNINGS EXPECTED TODAY ACE AMZN BXP BSX BRCM GLW DHI DHR LLY EMC F HOG HRS ITW IP JBLU NEE NUE BTU PNR PFE RHI TROW TYC X VLO 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 |
