MORNING UPDATE: PriceWatch Alerts for OIL and More... for 2022-12-28 |
PriceWatch Alerts for OIL, AZEK, HTHT, SLV, MTN, CD, ARMK, MLKN, VMW, and EZA. Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of OIL stock at $30.21 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN January 20, 2023 30 call for $1.14 for a net debit of $29.07 per share. This trade lasts 23 days, giving it an annualized return rate of 48.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on The Azek Company Cl A has an assigned return rate of 6.9%. To enter this trade, buy 100 shares of AZEK stock at $20.69 per share and sell one contract of the The Azek Company Cl A February 17, 2023 20 call for $1.98 for a net debit of $18.71 per share. This trade lasts 51 days, giving it an annualized return rate of 48.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on H World Group Ltd has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of HTHT stock at $43.24 per share and sell one contract of the H World Group Ltd February 17, 2023 40 call for $5.35 for a net debit of $37.89 per share. This trade lasts 51 days, giving it an annualized return rate of 39.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of SLV stock at $22.11 per share and sell one contract of the Silver Trust Ishares February 03, 2023 22 call for $0.96 for a net debit of $21.15 per share. This trade lasts 37 days, giving it an annualized return rate of 38.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Vail Resorts has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of MTN stock at $238.11 per share and sell one contract of the Vail Resorts January 20, 2023 230 call for $13.52 for a net debit of $224.59 per share. This trade lasts 23 days, giving it an annualized return rate of 36.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Chindata Group Holdings Ltd ADR has an assigned return rate of 23.1%. To enter this trade, buy 100 shares of CD stock at $7.99 per share and sell one contract of the Chindata Group Holdings Ltd ADR August 18, 2023 7.5 call for $1.90 for a net debit of $6.10 per share. This trade lasts 233 days, giving it an annualized return rate of 36.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Aramark Holdings Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of ARMK stock at $41.54 per share and sell one contract of the Aramark Holdings Corp January 20, 2023 41 call for $1.47 for a net debit of $40.07 per share. This trade lasts 23 days, giving it an annualized return rate of 35.3%. 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 4.9%. To enter this trade, buy 100 shares of MLKN stock at $21.26 per share and sell one contract of the Millerknoll Inc February 17, 2023 20 call for $2.20 for a net debit of $19.07 per share. This trade lasts 51 days, giving it an annualized return rate of 34.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Vmware Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of VMW stock at $121.33 per share and sell one contract of the Vmware Inc January 20, 2023 120 call for $3.96 for a net debit of $117.37 per share. This trade lasts 23 days, giving it an annualized return rate of 34.1%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of EZA stock at $43.83 per share and sell one contract of the South Africa Ishares MSCI ETF January 20, 2023 43 call for $1.70 for a net debit of $42.13 per share. This trade lasts 23 days, giving it an annualized return rate of 31.4%. The risk assessment of this trade is 4 keys (Low 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 (GNRC), (CCL) and (IPG) are moving higher this morning, while (CHD), (NEM) and (LUV) are headed lower. (), () and () were upgraded, while (), () and () were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.56%, the Mumbai Sensex is down -0.03%, the Shanghai SE Composite Index is down -0.26% the Australia ASX All Ordinaries is down -0.35% and the Nikkei 225 is down -0.41%. In Europe stocks are up. The FTSE 100 is up 0.86%, the CAC 40 is up 0.22%, the Euro Stoxx 50 is up 0.15% and the DAX is up 0.08%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.29 at 79.24 per barrel. Brent crude is down -0.47 at 83.86 per barrel. Natural Gas is down -0.33 at 4.96. Precious metals are mixed this morning. Gold is down -8.23 at 1805.46 per ounce. Platinum is up 8.79 at 1032.6 while silver is down -0.15 at 24.07. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Bitcoin is down -0.96% to $16,664.94 while Ethereum is down -1.84% to $1,195.06. Equity PUT/CALL RATIO Yesterday, 1,411,203 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,251,611 put contracts. The single-session put/call ratio was 1.13. TODAY'S ECONOMIC CALENDAR Pending Home Sales Nov 10:00 EARNINGS EXPECTED TODAY: CALM |