Zacks.com announces that Dr. Edward Olmstead highlights options for the following stocks: OmniVision Technologies and BJ's Wholesale Club.CHICAGO -- Dr. Edward Olmstead and his team, from the Options Professor newsletter, highlight a call in the semiconductor space and a put in the retail discount industry. Learn about OmniVision Technologies Wikipedia is not the place for advertisement or self-advertising. OmniVision Technologies (OVT) is a fabless designer and seller of CMOS image sensors. They have recently acquired CDM-Optics, a company founded to commercialize Wavefront Coding. , Inc. (Nasdaq:OVTI OVTI OmniVision Technologies Incorporated ) and BJ's Wholesale Club BJ's Wholesale Club, Inc. NYSE: BJ is a membership-only warehouse club chain operating in the East Coast of the United States, as well as in the state of Ohio. History , Inc. (NYSE NYSE See: New York Stock Exchange :BJ). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84 Highlights from the April 18 Featured Expert column by Dr. Edward Olmstead include: OPTIONS PLAY OF THE WEEK OmniVision Technologies, Inc. (Nasdaq:OVTI): On Monday (4/17), OVTI closed at $29.60. Based upon fundamental and technical analysis, it is projected that over the next 4 weeks, OVTI will rise to the level of $32.50. Trade: Buy 1 May 25 call Cost = $490 Max risk = $490 If OVTI rises to $31.20 anytime before the May options expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. (5/19/06), this trade should show a profit of at least $130 for a gain of 27% or better. If OVTI rises to $32.50 anytime before the May options expiration date, this trade should show a profit of at least $260 for a gain of 53% or better. BJ's Wholesale Club, Inc. (NYSE:BJ): On Monday (4/17), BJ closed at $29.99. Based upon fundamental and technical analysis, it is projected that over the next 4 weeks, BJ will fall to the level of $27.80. Trade: Buy 1 May 30 put Cost = $125 Max risk = $125 If BJ falls to $27.80 anytime before the May options expiration date (5/19/06), this trade should show a profit of at least $95 for a gain of 76% or better. Read Dr. Edward Olmstead's complete description of the above option trades and discover other option plays by clicking: http://at.zacks.com/?id=85 About Zacks Featured Experts Successful investing requires professional advice from knowledgeable experts who can help investors achieve their financial goals in good markets and improve their portfolios, especially in bad ones. 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 on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Additional recommendations from Zacks.com Featured Experts are highlighted in the free investment newsletter, Profit from the Pros. Each issue highlights several Featured Experts in this free e-mail See Internet e-mail service. newsletter. Register for a 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 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at 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 (networking) disclaimer - Statement ritually appended to many Usenet postings (sometimes automatically, by the posting software) reiterating the fact (which should be obvious, but is easily forgotten) that the article reflects its author's opinions and not necessarily those of the : 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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