PriceWatch Alerts

Free Stock Alerts
Every trading day, InvestorsObserver analysts prove our members with trade ideas, research, and analysis.
Check your email and confirm your membership to get information just like these alerts and all 100% Free!

Best Buy (NYSE: BBY) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the June $22.00 call while simultaneously buying BBY stock for $22.78 will result in a new position with a break-even point around $20.40. At that price, this position has a target return of 7.8 %. This trade has 10.4 % downside protection, while still providing a 7.8 % return in 89 days as long as BBY is above $22.00 on 6/22/2013. For comparison purposes only, this Best Buy covered call targets an annualized return rate of 32.2 %.

 

Macy's (NYSE: M) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $42.66 while selling the August $42.00 call will produce a new covered call with a break-even point around $39.61. At that price, this position has a target return of 6.0 %. This trade will have roughly 7.1 % downside protection, while still aiming for a 6.0 % return in 145 days. It will lock in that return as long as Macy's is above $42.00 on 8/17/2013. For comparison purposes only, this M covered call aims for an annualized return rate of 15.2 %.

Terex (NYSE: TEX) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the May $35.00 call while at the same time buying TEX stock for $35.21 will produce a new covered call with a target return of 7.0 %. Based on recent data, this trade will cost about $32.71, which is also the covered call’s breakeven point. At that price, this covered call has 7.1 % downside protection, while seeking an assigned return of 7.0 % return in 54 days. If TEX is higher than $35.00 on 5/18/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 47.3 %.

Family Dollar Stores (NYSE: FDO) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $61.37 while simultaneously selling the July $60.00 call will result in a new position with a target return of 5.0 %. Based on recent prices, this position will cost about $57.17, which is also the trade’s breakeven point. At that level, this covered call has 6.8 % downside protection, while still providing a 5.0 % return in 117 days as long as FDO is above $60.00 on 7/20/2013. For comparison purposes only, this Family Dollar Stores covered call aims for an annualized return rate of 15.4 %.

Cheesecake Factory (NASDAQ: CAKE) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the July $37.00 call while simultaneously buying CAKE stock for $37.12 will result in a new position with a break-even point around $35.27. At that price, this position has a target return of 4.9 %. This trade has 5.0 % downside protection, while still providing a 4.9 % return in 117 days as long as CAKE is above $37.00 on 7/20/2013. For comparison purposes only, this Cheesecake Factory covered call targets an annualized return rate of 15.3 %.

Check your email for a password to log into our site and read all our Essentials analysis.

Don't miss out on any vital trading information! Add Support@InvestorsObserver.com to your address book. View complete step-by-step instructions here.