As oil approaches $100 a barrel, consumers are beginning to become seriously interested in alternative energy, energy saving technologies and other green (and potentially less expensive) technologies.
An audio podcast of this article is available at: poweropt.com/podcasts/2007_11_07_Sustain.mp3
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Toyota has sold their one-millionth hybrid and it seems consumers and politicians are extremely interested in exploring alternative energies and energy saving technologies. We have reported in the past on companies who stand to benefit from a emerging interest in nuclear power, but in this blog we will limit the search to ETFs and companies offering energy saving and green technologies.
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Over the past several decades, there hasn’t been an overwhelming investor interest in water, energy and transportation technologies. The money has largely gone towards information technologies, finance and housing. With the recent onslaught of problems in finance and housing (and some analysts are even seeing emerging issues with the bond market), investor’s will be looking for a new home for their money. This is evidenced by the current strength in the precious metals market.
Green energies and the emerging technologies in the sector may be one sector seeing growth in these tumultuous times. Below is a list of optionable clean energy, technology, and transportation stocks. Also, there are several sustainable energy ETFs listed.
|Optionable Sustainable Stocks|
|Aventine Renewable Energy Holdings||AVR|
|Brookfield Asset Management||BAM|
|Ballard Power Systems||BLDP|
|Calgon Carbon Corp||CCC|
|Capstone Turbine Corp.||CPST|
|Energy Conversion Devices||ENER|
|Fuel Cell Energy||FCEL|
|Fuel Systems Solutions||FSYS|
|Fuel Tech NV||FTEK|
|LDK Solar Company||LDK|
|PowerShares WilderHill Clean Energy Portfolio||PBW|
|PowerShares Water Resources Portfolio||PHO|
|Powershares Wilderhill Progressive Energy||PUW|
|Powershares CleanTech Portfolio||PZD|
|Suntech Power Holdings||STP|
|US BioEnergy Corp.||USBE|
|MEMC Electronic Materials||WFR|
This search yielded some interesting trades. In particular, there is a LDK Solar covered call with 15.8% potential profit and an in the money JA Solar (JASO) December covered call trade offering a steamy 13.6% potential profit with over 12% downside protection.
Also, as a way to easily spread risk across the sector, there are ETFs. The list below has a PowerShares WilderHill Clean Energy Portfolio covered call trade offering 5.1% potential profit and 5.1% downside protection.
|Covered Call Search on Green Companies and ETFs|
|LDK||39.63 (+1.62)||LDKLH||07 DEC 40.0 (45)||5.1||34.53||12.9||14.8||15.8|
|JASO||60.12 (-0.62)||QJPLL||07 DEC 60.0 (45)||7.3||52.82||12.1||13.6||13.6|
|STP||64.80 (+0.30)||STPLM||07 DEC 65.0 (45)||6.4||58.4||9.9||11||11.3|
|SPWR||145.00 (-4.56)||BPNLI||07 DEC 145.0 (45)||14.2||130.8||9.8||10.9||10.9|
|FTEK||29.87 (+0.09)||FQFLF||07 DEC 30.0 (45)||2.45||27.42||8.2||8.9||9.4|
|LDK||39.63 (+1.62)||LDKKH||07 NOV 40.0 (10)||2.7||36.93||6.8||7.3||8.3|
|ITRI||84.73 (-1.62)||IUPLQ||07 DEC 85.0 (45)||5.1||79.63||6||6.4||6.7|
|JASO||60.12 (-0.62)||QJPKL||07 NOV 60.0 (10)||3.5||56.62||5.8||6||6|
|STP||64.80 (+0.30)||STPKM||07 NOV 65.0 (10)||3.1||61.7||4.8||5||5.3|
|PBW||25.06 (-0.36)||PBWLY||07 DEC 25.0 (45)||1.3||23.76||5.2||5.2||5.2|
|SPWR||145.00 (-4.56)||BPNKI||07 NOV 145.0 (10)||6.5||138.5||4.5||4.7||4.7|
|PZD||33.76 (-0.63)||PZDLH||07 DEC 34.0 (45)||1.15||32.61||3.4||3.5||4.3|
|FTEK||29.87 (+0.09)||FQFKF||07 NOV 30.0 (10)||1.05||28.82||3.5||3.6||4.1|
|PHO||21.11 (-0.71)||PHOLU||07 DEC 21.0 (45)||0.8||20.31||3.8||3.4||3.4|
For more information about how to identify and research great option trades, visit the PowerOptions website. There you will find the data you need to make quick, clear, and informed decisions. You can trade knowing you have found the best investment. Also, PowerOptions will allow you, with a few quick clicks, to quickly and accurately compare trades. PowerOptions‘ premium customer support is second to none in the industry. They can be easily contacted when you need them at their toll-free number to answer customer questions. Call them now toll free at 877-992-7971.
[tags] BEZ, Baldor Electric Co., JASO, JA Solar Holdings Co. Ltd., covered call investment strategy, investment strategy, poweroptions [/tags]