Here are my candidates for covered calls next week. Right now, they're based solely on ROC metrics, the key being to get at least a 10% ROC if the shares are called away at the short call strike. Additionally, the focus is on sub 10.00 debit plays; underlyings of higher dollar value are generally more amenable to other strategies.
After looking at the charts,...
I love stocks with low risk and high reward. Who doesn't? NE is just that. After consolidating at its' 4 year support line, and breaking out of what can be looked at as a diamond bottom, I believe this company can easily rise 30% from its' current price. NE is a fundamentally sound company with Net income and Revenue rising YoY since 2011. Its' first quarter net...
NE has been in a long-term downtrend, recently it finally broke above this trendline on high vol after recently trigger a vol stop buy, with the 50 dma above to recross the 200 dma and 8 ema well above the 21 ema, MACD and RSI are already pretty high, still really like this for long term and even short term into year end, bullish catalysts in tax-advantaged...
