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Texas Instruments (NASDAQ: TXN) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $31.00 call while simultaneously buying TXN stock for $30.89 will result in a new position with a break-even point around $29.29. At that price, this position has a target return of 5.8 %. This trade has 5.2 % downside protection, while still providing a 5.8 % return in 108 days as long as TXN is above $31.00 on 4/20/2013. For comparison purposes only, this Texas Instruments covered call targets an annualized return rate of 19.7 %.

Western Digital (NASDAQ: WDC) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the February $42.00 call while at the same time buying WDC stock for $42.49 will produce a new covered call with a target return of 6.3 %. Based on recent data, this trade will cost about $39.50, 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 6.3 % return in 45 days. If WDC is higher than $42.00 on 2/16/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 51.3 %.

Brunswick (NYSE: BC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $29.09 while simultaneously selling the February $29.00 call will result in a new position with a target return of 5.7 %. Based on recent prices, this position will cost about $27.44, which is also the trade’s breakeven point. At that level, this covered call has 5.7 % downside protection, while still providing a 5.7 % return in 45 days as long as BC is above $29.00 on 2/16/2013. For comparison purposes only, this Brunswick covered call aims for an annualized return rate of 46.1 %.

Harmony Gold Mining (NYSE: HMY) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $8.96 while selling the August $9.00 call will produce a new covered call with a break-even point around $7.81. At that price, this position has a target return of 15.2 %. This trade will have roughly 12.8 % downside protection, while still aiming for a 15.2 % return in 227 days. It will lock in that return as long as Harmony Gold Mining is above $9.00 on 8/17/2013. For comparison purposes only, this HMY covered call aims for an annualized return rate of 24.5 %.

Smithfield Foods (NYSE: SFD) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the April $21.00 call while simultaneously buying SFD stock for $21.57 will result in a new position with a break-even point around $19.72. At that price, this position has a target return of 6.5 %. This trade has 8.6 % downside protection, while still providing a 6.5 % return in 108 days as long as SFD is above $21.00 on 4/20/2013. For comparison purposes only, this Smithfield Foods covered call targets an annualized return rate of 21.9 %.

 

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