- Earnings related [entry on Feb, 12 2012]
Statistically Speaking : has 827 locations in 47 states.Founded in 1982; Minnaepolis;is smoking hot!! Blew the earnings; Beta of 0.25; float of only 18M! Avg volume is 0.6m, but recently(last 10 days) it's been like 2m. No debt; EBITDA of 150M on 785M revenue.
Technically Speaking : BWLD recently gapped up and broke out above some near-term overhead resistance at $70.47 on monster volume [10 times avg vol; 7M] to 81. The averages are trying to catch up, but they are still at 72! So it's in way overbought state right now. Waiting for a pullback and entering is good as this is going to 100 soon! For the past 7 months, it was in a band of 60-70!
Technically Speaking : This stock is trending higher real nice from 2009 onwards from a price level of 60. Part of "Mo" crowd! However, for the past 5 mo's moving in a sideways with a range of 300-340. Have to careful with this as one misstep, like Netflix, going to retrace all the way back! Having difficulty taking out the $345 level. Tried 4 times and failed; The more it consolidates, the more will be the push when it breaks higher/lower of this band!
Statistics : 0.7 beta; 200/50 day MA==> 312/326; 30M float and 83% held by institutions; debt 3M only and makes >200M on revenue of 2B; 1100 restaurants and based in Denver, Colorado.
Recommendation - buy call if it crosses 348; JAN ATM spread is 0.5 pts; but LEAP call spread is 3 pts.
ISRG - @430; Intuitive Surgical Inc; Healthcare
Technically Speaking : 100-120 in 2006; and then a run-up of 120-320 in 2007; band of 260-340 in most of 2008; fell drastically all the way to 100 during Lehman bros collapse; recovered to former glory 360 in 2009; pulled back in 2010 to around 260; Trending upwards all of 2011 to it's current price. So very volatile. Looking at the last 1 year, big window to upside from 300-320 on very high volume(6 times); That window has been acting as a solid support all year long; tested it(320) twice and held well; Next upside windows are as 375-390 and 390-410 (3 times the volume); if I remember correctly both earnings related; So 1st-level of support at 410 (tested once) and 2nd-level of support at 390; Didn't test this yet!
Statistics : 1.6 Beta; 200/50 day MA ==> 382/430; 39M float and 87% held by institutions; 0 debt! makes around 500M on a 2B revenue!
Recommendation - buy call if it crosses 450; However, since this is thinly traded, the LEAP call bid/ask spread is almost 4 points wide! JAN ATM calls have a 1 point spread.
AMZN - Like I said somewhere else, this is in a downtrend. So can buy puts as hedge if above two trades are entered. JAN put spread is only 0.2; LEAP put spread is also low - 0.3
Technically Speaking : For the past 7 years is in the range of 35-55; So has solid support at 50 level; Never crossed 60; 55 was the peak made in pre-lehman episode and the lehman incident in 2008 dragged it all the way to 30! So all this year is in this band of 50-55 and trying to break free of 55. 4 times this year tried to break free of 58-59 and couldn't do it; Big upside window (52-55) on 3 times volume recently; that window was tested recently and from 52 reversed back to 55; So limited upside/downside if you get into this; looks like a good covered call candidate;
Statistics : Beta of 1, so moves in tandem with the market; makes around 6B on a revenue of 15B; 200/50 ==> 53.5/54.5; float of 1.7B and 80% institutional holding;
GOOG - @626; Google; Search; Technology
Technically Speaking: Pre-Lehman peak 725. Fell in two waves to 275 during the crisis. 450 bounced back to 625 and from 275 bounced back to 625. This 625 acted as resistance 4 more times and recently it broke this resistance. The 450 acted as major support 4 more times. So key figures are 475 and 625. Very recently pulled back from 675 and this 625 is acting as support again. So a deep[>20%] ITM June 500 covered call is fetching 10 points [2% 6 mo return or 4% annually]
BIDU - @128; Baidu; Search; Technology; Google clone!
Technically Speaking: During the Lehman crisis it was only around 40. This ran up a lot after Google stepped out of china!In two years after Lehman crisis, this ran up a lot from 10 to 110! In 2011, reached a peak of 160 before pulling back to 120ish. Looking at last 1 year chart, 125 seems to be holding up well. Deep[>20%] ITM June 100 cov call is fetching 5 points [10% annual return]
BIIB - @116; Biogen Idec; Health-Care
Technically Speaking: Big window to the upside from 86 to 100 on 6 times volume; and that window got tested once and held well when it pulled back to 85; after 2 mos of sideways moment it climbed upto 115; pulled abck to 110 and had another 2 mos side ways movement.Pre-Lehman collapse had a 85 peak and during lehman crisis pulled back and spent next couple of years in the 55-65 range.
July 95 call is @23/26 fetching around 4[8% annual return];
Technically Speaking : pulled back from 52-wk high of 42.2 and touched the 20 day MA; 1st level of support at 39.75; 2nd level at 38;
Key Statistics : Beta of 0.6; makes 2.6B on 8.6B revenue; 200/50 day ==> 37.8/39.6; float is 580M w/ 46% of inst holding!
- Trade (call/put) candidates
Technically Speaking : This stock is trending higher real nice from 2009 onwards from a price level of 60. Part of "Mo" crowd! However, for the past 5 mo's moving in a sideways with a range of 300-340. Have to careful with this as one misstep, like Netflix, going to retrace all the way back! Having difficulty taking out the $345 level. Tried 4 times and failed; The more it consolidates, the more will be the push when it breaks higher/lower of this band!
Statistics : 0.7 beta; 200/50 day MA==> 312/326; 30M float and 83% held by institutions; debt 3M only and makes >200M on revenue of 2B; 1100 restaurants and based in Denver, Colorado.
Recommendation - buy call if it crosses 348; JAN ATM spread is 0.5 pts; but LEAP call spread is 3 pts.
ISRG - @430; Intuitive Surgical Inc; Healthcare
Technically Speaking : 100-120 in 2006; and then a run-up of 120-320 in 2007; band of 260-340 in most of 2008; fell drastically all the way to 100 during Lehman bros collapse; recovered to former glory 360 in 2009; pulled back in 2010 to around 260; Trending upwards all of 2011 to it's current price. So very volatile. Looking at the last 1 year, big window to upside from 300-320 on very high volume(6 times); That window has been acting as a solid support all year long; tested it(320) twice and held well; Next upside windows are as 375-390 and 390-410 (3 times the volume); if I remember correctly both earnings related; So 1st-level of support at 410 (tested once) and 2nd-level of support at 390; Didn't test this yet!
Statistics : 1.6 Beta; 200/50 day MA ==> 382/430; 39M float and 87% held by institutions; 0 debt! makes around 500M on a 2B revenue!
Recommendation - buy call if it crosses 450; However, since this is thinly traded, the LEAP call bid/ask spread is almost 4 points wide! JAN ATM calls have a 1 point spread.
AMZN - Like I said somewhere else, this is in a downtrend. So can buy puts as hedge if above two trades are entered. JAN put spread is only 0.2; LEAP put spread is also low - 0.3
- Covered Call Candidates
Technically Speaking : For the past 7 years is in the range of 35-55; So has solid support at 50 level; Never crossed 60; 55 was the peak made in pre-lehman episode and the lehman incident in 2008 dragged it all the way to 30! So all this year is in this band of 50-55 and trying to break free of 55. 4 times this year tried to break free of 58-59 and couldn't do it; Big upside window (52-55) on 3 times volume recently; that window was tested recently and from 52 reversed back to 55; So limited upside/downside if you get into this; looks like a good covered call candidate;
Statistics : Beta of 1, so moves in tandem with the market; makes around 6B on a revenue of 15B; 200/50 ==> 53.5/54.5; float of 1.7B and 80% institutional holding;
GOOG - @626; Google; Search; Technology
Technically Speaking: Pre-Lehman peak 725. Fell in two waves to 275 during the crisis. 450 bounced back to 625 and from 275 bounced back to 625. This 625 acted as resistance 4 more times and recently it broke this resistance. The 450 acted as major support 4 more times. So key figures are 475 and 625. Very recently pulled back from 675 and this 625 is acting as support again. So a deep[>20%] ITM June 500 covered call is fetching 10 points [2% 6 mo return or 4% annually]
BIDU - @128; Baidu; Search; Technology; Google clone!
Technically Speaking: During the Lehman crisis it was only around 40. This ran up a lot after Google stepped out of china!In two years after Lehman crisis, this ran up a lot from 10 to 110! In 2011, reached a peak of 160 before pulling back to 120ish. Looking at last 1 year chart, 125 seems to be holding up well. Deep[>20%] ITM June 100 cov call is fetching 5 points [10% annual return]
BIIB - @116; Biogen Idec; Health-Care
Technically Speaking: Big window to the upside from 86 to 100 on 6 times volume; and that window got tested once and held well when it pulled back to 85; after 2 mos of sideways moment it climbed upto 115; pulled abck to 110 and had another 2 mos side ways movement.Pre-Lehman collapse had a 85 peak and during lehman crisis pulled back and spent next couple of years in the 55-65 range.
July 95 call is @23/26 fetching around 4[8% annual return];
- Dividend Candidates
Technically Speaking : pulled back from 52-wk high of 42.2 and touched the 20 day MA; 1st level of support at 39.75; 2nd level at 38;
Key Statistics : Beta of 0.6; makes 2.6B on 8.6B revenue; 200/50 day ==> 37.8/39.6; float is 580M w/ 46% of inst holding!
