Loading...
 

Here we screen for highly ranked calls with premiums of $0.10 or less on highly ranked stocks.   While these calls are usually far out-of-the-money, and thus have relatively little chance ending up in-the-money, they still offer the significant gains should the stock rise sharply near-term.  In our table below, we have adjusted the “current leverage” to reflect the percentage difference in the bid/ask spreads.

Company

Ticker

Stock Price

         Bid

          Ask

Months to Expiration

Current Leverage*

Alpha Natural Resources Inc

ANR

53.19

0.04

0.05

1 2/5

32

AMR Corp

AMR

7.03

0.07

0.09

3 ½

8

Blackstone Group LP

BX

17.12

0.04

0.07

1 2/5

46

Medtronic  Inc

MDT

39.25

0.03

0.06

3 ½

50

Microsoft Corp

MSFT

27.77

0.03

0.04

1 2/5

152

* % Based on 10% Rise in Common, Adjusted for Bid/Ask Spread

Alpha Natural Resources, Inc. (ANR) mines and processes steam and metallurgical coal for sale to electric utilities and steel makers. ANR has 32 underground mines, 26 surface mines, and 11 processing plants in Virginia, West Virginia, Kentucky, and Pennsylvania. Proved and probable reserves are about 615 million tons. Steam and metallurgical coal accounted for 83% and 17% of 2009 volume, respectively. Exports: 31% of 2009 sales. www.alphanr.com.

AMR Corp. (AMR) owns American Airlines and American Eagle. Major American Airlines hubs at Dallas/Fort Worth, Chicago, San Juan, and Miami. Air-transportation revenue mix in '09: passenger, 86%; cargo and other, 14%. American fleet: 124 B-757s, 117 B-737s, 26, 58 B-767s, 47 B-777s, 255 MD-80s, 25 CRJ-700s, 33 Emb. 135s, 59 Emb. 140s, 118 Emb. 145s, 39 ATRs. AMR Corp acquired TWA in April, 2001. www.aa.com.

The Blackstone Group L.P. (BX) is a global alternative asset manager and provider of financial advisory services. Alternative asset management businesses include the management of corporate private equity funds, real estate opportunity funds, funds of hedge funds, mezzanine funds, senior debt funds, proprietary hedge funds, and closed-end mutual funds. The financial services business provides corporate and merger & acquisition advisory, restructuring & reorganization advisory, and fund placement services. Assets under management as of 9/30/10: $104.3 billion. www.blackstone.com.

Medtronic, Inc. (MDT) is the world's largest manufacturer of implantable biomedical devices, with sales to over 120 countries. Cardiac Rhythm Management products (bradycardia & tachycardia) accounted for 33.3% of '09 sales; Neurological, Spinal, ENT, and Diabetes, 39.7%; Vascular products (stents), 18.2%; and Cardiac Surgery (heart valves, perfusion systems), 8.8%. Int'l: 40.7% of '09 sales. Internet: www.medtronic.com 

Microsoft Corp. (MSFT) is the largest independent maker of software. It develops and sells software products for a wide range of computing devices. Also sells the Xbox video game console. Revenue sources in fiscal 2010: Microsoft Business, 29.8% of total; Windows & Windows Live, 29.6%; Server and Tools, 23.8%; Entertainment & Devices, 12.9%; Online Services, 3.5%; www.microsoft.com.