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Home Depot (NYSE: HD) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $73.35 while simultaneously selling the August $75.00 call will result in a new position with a target return of 5.0 %. Based on recent prices, this position will cost about $71.41, which is also the trade’s breakeven point. At that level, this covered call has 2.6 % downside protection, while still providing a 5.0 % return in 108 days as long as HD is above $75.00 on 8/17/2013. For comparison purposes only, this Home Depot covered call aims for an annualized return rate of 17.0 %.

Herbalife (NYSE: HLF) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the August $39.00 call while at the same time buying HLF stock for $39.71 will produce a new covered call with a target return of 10.5 %. Based on recent data, this trade will cost about $35.31, which is also the covered call’s breakeven point. At that price, this covered call has 11.1 % downside protection, while seeking an assigned return of 10.5 % return in 108 days. If HLF is higher than $39.00 on 8/17/2013, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 35.3 %.

Juniper Networks (NYSE: JNPR) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the October $16.00 call while simultaneously buying JNPR stock for $16.55 will result in a new position with a break-even point around $14.56. At that price, this position has a target return of 9.9 %. This trade has 12.0 % downside protection, while still providing a 9.9 % return in 171 days as long as JNPR is above $16.00 on 10/19/2013. For comparison purposes only, this Juniper Networks covered call targets an annualized return rate of 21.1 %.

Synaptics (NASDAQ: SYNA) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $41.23 while selling the June $41.00 call will produce a new covered call with a break-even point around $38.93. At that price, this position has a target return of 5.3 %. This trade will have roughly 5.6 % downside protection, while still aiming for a 5.3 % return in 52 days. It will lock in that return as long as Synaptics is above $41.00 on 6/22/2013. For comparison purposes only, this SYNA covered call aims for an annualized return rate of 37.3 %.

Texas Roadhouse (NASDAQ: TXRH) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $23.50 while simultaneously selling the December $25.00 call will result in a new position with a target return of 11.6 %. Based on recent prices, this position will cost about $22.40, which is also the trade’s breakeven point. At that level, this covered call has 4.7 % downside protection, while still providing a 11.6 % return in 234 days as long as TXRH is above $25.00 on 12/21/2013. For comparison purposes only, this Texas Roadhouse covered call aims for an annualized return rate of 18.1 %.

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