MORNING UPDATE: PriceWatch Alerts for MTN and More... for 2023-01-13 |
| PriceWatch Alerts for MTN, CD, OIL, TJX, ARMK, ZTO, GLD, BOX, WMG, and MLKN. Today's optimal covered call on Vail Resorts has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of MTN stock at $247.54 per share and sell one contract of the Vail Resorts January 20, 2023 240 call for $9.95 for a net debit of $237.59 per share. This trade lasts 7 days, giving it an annualized return rate of 46.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Chindata Group Holdings Ltd ADR has an assigned return rate of 15.5%. To enter this trade, buy 100 shares of CD stock at $7.92 per share and sell one contract of the Chindata Group Holdings Ltd ADR May 19, 2023 7.5 call for $1.43 for a net debit of $6.50 per share. This trade lasts 126 days, giving it an annualized return rate of 44.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of OIL stock at $29.71 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN February 17, 2023 29 call for $1.93 for a net debit of $27.78 per share. This trade lasts 35 days, giving it an annualized return rate of 44.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on TJX Companies has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of TJX stock at $81.92 per share and sell one contract of the TJX Companies January 27, 2023 82 call for $1.37 for a net debit of $80.55 per share. This trade lasts 14 days, giving it an annualized return rate of 43.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Aramark Holdings Corp has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of ARMK stock at $44.92 per share and sell one contract of the Aramark Holdings Corp February 17, 2023 45 call for $1.52 for a net debit of $43.40 per share. This trade lasts 35 days, giving it an annualized return rate of 37.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Zto Express Cayman Inc ADR has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of ZTO stock at $28.43 per share and sell one contract of the Zto Express Cayman Inc ADR February 17, 2023 28 call for $1.42 for a net debit of $27.01 per share. This trade lasts 35 days, giving it an annualized return rate of 37.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Gold SPDR has an assigned return rate of 0.8%. To enter this trade, buy 100 shares of GLD stock at $176.64 per share and sell one contract of the Gold SPDR January 20, 2023 176.5 call for $1.56 for a net debit of $175.08 per share. This trade lasts 7 days, giving it an annualized return rate of 37.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of BOX stock at $29.67 per share and sell one contract of the Box Inc February 17, 2023 29 call for $1.62 for a net debit of $28.06 per share. This trade lasts 35 days, giving it an annualized return rate of 34.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Warner Music Group Corp Cl A has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of WMG stock at $34.45 per share and sell one contract of the Warner Music Group Corp Cl A March 17, 2023 34 call for $2.28 for a net debit of $32.16 per share. This trade lasts 63 days, giving it an annualized return rate of 32.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Millerknoll Inc has an assigned return rate of 10.7%. To enter this trade, buy 100 shares of MLKN stock at $23.04 per share and sell one contract of the Millerknoll Inc May 19, 2023 22.5 call for $2.72 for a net debit of $20.33 per share. This trade lasts 126 days, giving it an annualized return rate of 30.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Are you looking for a more conservative strategy that solves the pitfalls that come with covered calls investing? Check out our RadioActive Home Study Kit (http://www.poweropt.com/psDetails.asp?pid=25)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Pentair Ltd (PNR), Bank of New York Mellon Corp (BK) and Linde Plc (LIN) are moving higher this morning, while Delta Air Lines Inc (DAL), Wells Fargo & Company (WFC) and General Motors Company (GM) are headed lower. Carrier Global Corp (CARR), Caterpillar Inc (CAT) and Organigram Hlds Inc (OGI) were upgraded, while Algonquin Pwr & Util (AQN), Autonation Inc (AN) and D.R. Horton (DHI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.04%, the Shanghai SE Composite Index is up 1.01%, the Australia ASX All Ordinaries is up 0.67% the Mumbai Sensex is up 0.51% and the Nikkei 225 is down -1.25%. In Europe stocks are mixed. The FTSE 100 is up 0.23%, the Euro Stoxx 50 is up 0.1%, the CAC 40 is up 0.06% and the DAX is down -0.06%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.16 at 78.55 per barrel. Brent crude is up 0.09 at 84.12 per barrel. Natural Gas is down -0.12 at 3.58. Precious metals are down this morning. Gold is down -1.98 at 1895.11 per ounce. Platinum is down -15.07 at 1055.92 while silver is down -0.3 at 23.71. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Bitcoin is up 3.35% to $18,859.06 while Ethereum is up 0.57% to $1,405.92. Equity PUT/CALL RATIO Yesterday, 1,456,287 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 943,177 put contracts. The single-session put/call ratio was 0.65. TODAY'S ECONOMIC CALENDAR Export Prices Dec 08:30 ET Import Prices Dec 08:30 ET Univ. of Michigan Consumer Sentiment - Prelim Jan 10:00 ET EARNINGS EXPECTED TODAY: BAC, BK, BLK, C, DAL, FRC, JPM, UNH, WFC, WIT |
