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ConocoPhillips (NYSE: COP) has been identified by InvestorsObserver analysts as being well-positioned for a new covered call today. Buying the stock for $56.79 while selling the January $57.50 call will produce a new covered call with a break-even point around $54.56. At that price, this position has a target return of 5.4 %. This trade will have roughly 3.9 % downside protection, while still aiming for a 5.4 % return in 137 days. It will lock in that return as long as ConocoPhillips  is above $57.50 on 1/19/2013. For comparison purposes only, this COP covered call aims for an annualized return rate of 14.3 %.

Newmont Mining (NYSE: NEM) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $50.68 while simultaneously selling the December $50.00 call will result in a new position with a target return of 5.6 %. Based on recent prices, this position will cost about $47.33, which is also the trade’s breakeven point. At that level, this covered call has 6.6 % downside protection, while still providing a 5.6 % return in 109 days as long as  NEM is above $50.00 on 12/22/2012. For comparison purposes only, this Newmont Mining covered call aims for an annualized return rate of 18.9 %.

 

Celgene (NASDAQ: CELG) has been selected by InvestorsObserver analysts as a stock that is an ideal candidate for a new covered call today. Buying the stock for $72.04 while simultaneously selling the January $70.00 call will result in a new position with a target return of 6.3 %. Based on recent prices, this position will cost about $65.84, which is also the trade’s breakeven point. At that level, this covered call has 8.6 % downside protection, while still providing a 6.3 % return in 137 days as long as  CELG is above $70.00 on 1/19/2013. For comparison purposes only, this Celgene covered call aims for an annualized return rate of 16.8 %.

 

Spreadtrum (NASDAQ: SPRD) has been selected by InvestorsObserver analysts as a stock that is a strong candidate for a new covered call today. Selling the November $19.00 call while simultaneously buying SPRD stock for $19.76 will result in a new position with a break-even point around $17.56. At that price, this position has a target return of 8.2 %. This trade has 11.1 % downside protection, while still providing a 8.2 % return in 74 days as long as  SPRD is above $19.00 on 11/17/2012. For comparison purposes only, this Spreadtrum covered call targets an annualized return rate of 40.4 %.

 

Whirlpool (NYSE: WHR) has been chosen by InvestorsObserver analysts as a candidate for a new covered call today. Selling the October $75.00 call while at the same time buying WHR stock for $75.46 will produce a new covered call with a target return of 4.8 %. Based on recent data, this trade will cost about $71.56, which is also the covered call’s breakeven point. At that price, this covered call has 5.2 % downside protection, while seeking an assigned return of 4.8 % return in 46 days. If WHR is higher than $75.00 on 10/20/2012, we are assured that simple return. For comparison purposes only, that equates to an annualized return rate of 38.1 %.

 

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