PowerOptions WeBlog

The PowerOptions weblog identified several successful trades for the option expiration month of February. Below is a table showing three successful trades we identified.
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Article: Nucor (NUE) to Buy Harris Steel - Covered Calls

Stock
Option
Stock
Price
Date
End
Price
Date
Pot.
Profit

NUE
FEB $60
$54.66
1/3/2007
$64.70
2/17/2007
13.10%

Article: Analysts Bullish on Steel Sector - AK […]

BJ Services (BJS) has received a 9 of 10 rating from MSN’s stock rater algorithm and Jim Cramer in last Friday’s lightning round excitedly told viewers, “Holy cow is this business on fire…” Insider trading provides a positive sign as well, a company director, William White, purchased nearly $140,000 of stock on January 30th. Cramer […]

The S&P 500 index was driven higher on Tuesday on news of two international mining companies considering the purchase of the Pittsburgh-based aluminum producer, Alcoa, for over 40 billion.Rising with this tide was fellow mining company, Freeport-McMoRan Copper & Gold Inc. ( FCX). The stock price has risen over 5% this week on sustained higher […]

Previously we reported on Jim Cramer’s negative view of the homebuilding industry, “Jim Cramer Bullish on Oil Industry - Part Manufacturers Hanover Compressor (HC) and Universal Compression (UCO)”. This sentiment was reflected in the quote, “I see profit taking emanating initially from the real estate investment trusts.”
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Jim Cramer in an online interview gave broad indications about the sectors he feels are cooling down and the sectors with momentum.Overall, Cramer stated he felt the market was cooling down momentarily, “What I see is we have these periodic ends of momentum. There is way too much money running the country to allow this […]

Applied Materials (AMAT) is up 18.5% in the last 6 months. AMAT did $9.17 billion in sales and $1.52 billion in income in the last 12 months — about twice the industry average on both counts. The company’s profit margin is currently at 16.2%, beating the industry average by over a percentage point. The company’s […]

At Orlando’s voice-recognition software conference last fall, Nuance held an event where a man who had won text messaging competitions was pitted against voice recognition software from Nuance Communications (NUAN).
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_02_09_NUAN.mp3
The phrase was, “The razor-toothed piranhas of the genera Serrasalmus and Pygocentrus are the most ferocious […]

Mad Money’s Jim Cramer, in commentary made in a thestreet.com online video, was bullish on Schlumberger (SLB). Other analysts shared his view and the outlook for the company may be rosy: In the video Cramer said, “Schlumberger probably has the best outlook portfolio.” He went on to add, “Energy prices are in a permanently higher […]

The Pantry (PTRY), a convenience store chain in the southeastern United States, produced a penny of profit in first-quarter earnings announced yesterday. However, the Pantry maintains its long-term goals remains intact.
Audio Podcast:
An audio podcast of this article is available at: poweropt.com/podcasts/2007_02_06_PTRY.mp3
In a statement released Thursday, The Pantry said earnings decreased primarily because of less profitable […]

Hovnanian (HOV) gained 6% Thursday and around 5% on Friday after Bank of America upgraded the homebuilder to a buy rating from neutral. An increase in interested homebuyers is helping to stabilize sales at the company, Bank of America analyst Daniel Oppenheim suggested in a recent note to investors.
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