Zacks.com Announces that the Experts at Ultimate Option Tactics Highlight Options for the Following Stocks: America Movil and Weyerhaeuser.Business Editors CHICAGO--(BUSINESS WIRE)--May 18, 2004 The long-term bias remains to the downside Downside The dollar amount by which the market or a stock has the potential to fall. Notes: You might hear someone say that the downside on stock XYZ is $10. What that means is that the stock could fall by this amount if things got bad. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ken Trester, but a shorter-term bounce is possible. Be ready for whatever the market brings with a pair recent option trades from this market expert. Read about options for America Movil (NYSE NYSE See: New York Stock Exchange :AMX AMX American Motors Experimental AMX Aeromexico Aerovias de Mexico (ICAO code) AMX Air Mobility Express AMX Amberjacks (FAO fish species code) AMX Alabama Motor eXpress ) and Weyerhaeuser (NYSE:WY). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Here are the highlights from the Featured Expert column: All of Ken Trester's indicators continue to give sell signals. But the market is quite oversold Oversold In technical analysis, it is a market in which the volume of selling that has occurred is greater than the fundamentals justify. Notes: It is the opposite of overbought. and we saw a one day reversal this past week, suggesting that a dead cat bounce Dead Cat Bounce A temporary recovery from a prolonged decline or bear market, after which the market continues to fall. Notes: Ever heard the saying, "Even a dead cat will bounce if dropped from high enough!"? is possible here. But the longer-term bias is still to the downside. Put Option to Buy -- Buy America Movil (NYSE:AMX) Jan 30 Put. The option price at Friday close was $1.80. American Movil is the leading provider of wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. services in Mexico. The option target price is $2.90, a 61% profit. The simulated probability of the option reaching its target price is 23%. Put Option to Buy -- Buy Weyerhaeuser (NYSE:WY) Jul 55 Put at an option price of $1.70 or less. Weyerhaeuser is principally engaged in the growing and harvesting of timber and the manufacture, distribution and sale of forest products, real estate development and construction, and other real estate related activities. The option target price is $3.30, a 94% profit. The simulated probability of the option reaching its target price is 20%. -- Buying put options is an ideal way to "insure" your stocks and mutual funds. A put option profits when the stock price declines, so during periods of market weakness most put options increase in value. This in turn should help offset losses you might take with your stocks and mutual funds. Get much more of Ken Trester and his team's information on the above-mentioned option trades by clicking: http://at.zacks.com/?id=85 About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Get your free subscription to "Profit from the Pros" at: http://at.zacks.com/?id=86 About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile To translate a program written in a high-level programming language into machine language. See compiler. , analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://at.zacks.com/?id=87 Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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