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PNC Financial (NYSE: PNC) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $62.01 while simultaneously selling the August $62.50 call will result in a new position with a target return of 6.8 %. Based on recent prices, this position will cost about $58.51, which is also the trade’s breakeven point. At that level, this covered call has 5.6 % downside protection, while still providing a 6.8 % return in 211 days as long as PNC is above $62.50 on 8/17/2013. For comparison purposes only, this PNC Financial covered call aims for an annualized return rate of 11.8 %.

PPG Industries (NYSE: PPG) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $141.98 while selling the May $145.00 call will produce a new covered call with a break-even point around $137.48. At that price, this position has a target return of 5.5 %. This trade will have roughly 3.2 % downside protection, while still aiming for a 5.5 % return in 120 days. It will lock in that return as long as PPG Industries is above $145.00 on 5/18/2013. For comparison purposes only, this PPG covered call aims for an annualized return rate of 16.6 %.

Royal Caribbean Cruises (NYSE: RCL) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the March $37.00 call while at the same time buying RCL stock for $37.38 will produce a new covered call with a target return of 4.3 %. Based on recent data, this trade will cost about $35.46, which is also the covered call’s breakeven point. At that price, this covered call has 5.1 % downside protection, while seeking an assigned return of 4.3 % return in 57 days. If RCL is higher than $37.00 on 3/16/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 27.8 %.

H&R Block (NYSE: HRB) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $20.00 call while simultaneously buying HRB stock for $20.34 will result in a new position with a break-even point around $18.99. At that price, this position has a target return of 5.3 %. This trade has 6.6 % downside protection, while still providing a 5.3 % return in 183 days as long as HRB is above $20.00 on 7/20/2013. For comparison purposes only, this H&R Block covered call targets an annualized return rate of 10.6 %.

Louisiana Pacific (NYSE: LPX) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $20.74 while simultaneously selling the May $20.00 call will result in a new position with a target return of 7.9 %. Based on recent prices, this position will cost about $18.54, which is also the trade’s breakeven point. At that level, this covered call has 10.6 % downside protection, while still providing a 7.9 % return in 120 days as long as LPX is above $20.00 on 5/18/2013. For comparison purposes only, this Louisiana Pacific covered call aims for an annualized return rate of 23.9 %.

 

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