MORNING UPDATE: PriceWatch Alerts for AZEK and More... for 2023-01-04 |
| PriceWatch Alerts for AZEK, CD, MCHI, SLV, SMAR, OIL, HTHT, EWZ, BOX, and GLD. Today's optimal covered call on The Azek Company Cl A has an assigned return rate of 6.4%. To enter this trade, buy 100 shares of AZEK stock at $21.07 per share and sell one contract of the The Azek Company Cl A February 17, 2023 20 call for $2.28 for a net debit of $18.80 per share. This trade lasts 44 days, giving it an annualized return rate of 52.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Chindata Group Holdings Ltd ADR has an assigned return rate of 17.7%. To enter this trade, buy 100 shares of CD stock at $7.94 per share and sell one contract of the Chindata Group Holdings Ltd ADR May 19, 2023 7.5 call for $1.57 for a net debit of $6.37 per share. This trade lasts 135 days, giving it an annualized return rate of 47.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on China Ishares MSCI ETF has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of MCHI stock at $49.11 per share and sell one contract of the China Ishares MSCI ETF January 20, 2023 47.82 call for $2.32 for a net debit of $46.80 per share. This trade lasts 16 days, giving it an annualized return rate of 47.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of SLV stock at $22.05 per share and sell one contract of the Silver Trust Ishares February 03, 2023 22 call for $0.87 for a net debit of $21.18 per share. This trade lasts 30 days, giving it an annualized return rate of 45.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Smartsheet Inc Cl A has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of SMAR stock at $38.87 per share and sell one contract of the Smartsheet Inc Cl A February 17, 2023 35 call for $5.73 for a net debit of $33.14 per share. This trade lasts 44 days, giving it an annualized return rate of 45.5%. 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 5.3%. To enter this trade, buy 100 shares of OIL stock at $29.37 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN February 17, 2023 29 call for $1.84 for a net debit of $27.53 per share. This trade lasts 44 days, giving it an annualized return rate of 43.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on H World Group Ltd has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of HTHT stock at $42.90 per share and sell one contract of the H World Group Ltd February 17, 2023 40 call for $4.90 for a net debit of $38.00 per share. This trade lasts 44 days, giving it an annualized return rate of 42.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Brazil Ishares MSCI ETF has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of EWZ stock at $25.89 per share and sell one contract of the Brazil Ishares MSCI ETF February 10, 2023 25.5 call for $1.47 for a net debit of $24.42 per share. This trade lasts 37 days, giving it an annualized return rate of 42.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of BOX stock at $31.31 per share and sell one contract of the Box Inc February 17, 2023 31 call for $1.76 for a net debit of $29.55 per share. This trade lasts 44 days, giving it an annualized return rate of 39.8%. 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 1.0%. To enter this trade, buy 100 shares of GLD stock at $171.06 per share and sell one contract of the Gold SPDR January 13, 2023 170.5 call for $2.33 for a net debit of $168.73 per share. This trade lasts 9 days, giving it an annualized return rate of 38.2%. The risk assessment of this trade is 5 keys (The Lowest 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 Salesforce Inc (CRM), Corning Inc (GLW) and Bank of New York Mellon Corp (BK) are moving higher this morning, while Hess Corp (HES), Devon Energy Corp (DVN) and Conocophillips (COP) are headed lower. Chart Industries IN (GTLS), Nextera Energy Partners LP (NEP) and Maxeon Solar Tech Ltd (MAXN) were upgraded, while Foward Air Corp (FWRD), First Bancshs [Ms] (FBMS) and Target Corp (TGT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 3.22%, the Australia ASX All Ordinaries is up 1.65%, the Shanghai SE Composite Index is up 0.22% the Mumbai Sensex is down -1.04% and the Nikkei 225 is down -1.45%. In Europe stocks are up. The Euro Stoxx 50 is up 1.76%, the CAC 40 is up 1.65%, the DAX is up 1.59% and the FTSE 100 is up 0.48%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -2.66 at 74.27 per barrel. Brent crude is down -2.84 at 79.26 per barrel. Natural Gas is flat 0 at 3.99. Precious metals are mixed this morning. Gold is up 13.99 at 1853.47 per ounce. Platinum is down -7.56 at 1079.67 while silver is up 0.07 at 24.31. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Bitcoin is up 0.63% to $16,820.30 while Ethereum is up 2.94% to $1,250.86. Equity PUT/CALL RATIO Yesterday, 1,697,039 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,330,091 put contracts. The single-session put/call ratio was 0.78. TODAY'S ECONOMIC CALENDAR ISM Manufacturing Index Dec 10:00 ET JOLTS - Job Openings Nov 10:00 ET EIA Crude Oil Inventories 12/31 10:30 ET EARNINGS EXPECTED TODAY: |
