MORNING UPDATE: PriceWatch Alerts for IRM and More... for 2022-12-06 |
| PriceWatch Alerts for IRM, FMC, CP, NOC, BIIB, TJX, HALO, V, VRTX, and ERF. Today's optimal covered call on Iron Mountain Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of IRM stock at $54.99 per share and sell one contract of the Iron Mountain Inc December 16, 2022 55 call for $1.01 for a net debit of $53.98 per share. This trade lasts 10 days, giving it an annualized return rate of 63.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on FMC Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of FMC stock at $130.73 per share and sell one contract of the FMC Corp December 16, 2022 130 call for $3.15 for a net debit of $127.58 per share. This trade lasts 10 days, giving it an annualized return rate of 62.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Canadian Pacific Railway has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of CP stock at $80.19 per share and sell one contract of the Canadian Pacific Railway December 16, 2022 80 call for $1.67 for a net debit of $78.52 per share. This trade lasts 10 days, giving it an annualized return rate of 62.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Northrop Grumman Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NOC stock at $541.43 per share and sell one contract of the Northrop Grumman Corp December 16, 2022 540 call for $11.39 for a net debit of $530.04 per share. This trade lasts 10 days, giving it an annualized return rate of 62.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Biogen Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of BIIB stock at $292.75 per share and sell one contract of the Biogen Inc December 16, 2022 292.5 call for $5.60 for a net debit of $287.15 per share. This trade lasts 10 days, giving it an annualized return rate of 61.8%. The risk assessment of this trade is 5 keys (The Lowest 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 $79.46 per share and sell one contract of the TJX Companies December 16, 2022 79 call for $1.88 for a net debit of $77.58 per share. This trade lasts 10 days, giving it an annualized return rate of 60.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Halozyme Therapeutic has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of HALO stock at $55.94 per share and sell one contract of the Halozyme Therapeutic December 16, 2022 55 call for $1.92 for a net debit of $54.02 per share. This trade lasts 10 days, giving it an annualized return rate of 60.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Visa Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of V stock at $213.68 per share and sell one contract of the Visa Inc December 16, 2022 212.5 call for $4.97 for a net debit of $208.71 per share. This trade lasts 10 days, giving it an annualized return rate of 60.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Vertex Pharmaceutic has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of VRTX stock at $317.60 per share and sell one contract of the Vertex Pharmaceutic December 16, 2022 317.5 call for $5.71 for a net debit of $311.89 per share. This trade lasts 10 days, giving it an annualized return rate of 59.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Enerplus Corp has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of ERF stock at $17.22 per share and sell one contract of the Enerplus Corp January 20, 2023 17 call for $1.36 for a net debit of $15.85 per share. This trade lasts 45 days, giving it an annualized return rate of 57.3%. The risk assessment of this trade is 3 keys (Moderate 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 Textron Inc (TXT), General Electric Company (GE) and Boston Scientific Corp (BSX) are moving higher this morning, while NRG Energy (NRG), Royal Caribbean Cruises Ltd (RCL) and Edwards Lifesciences Corp (EW) are headed lower. while Bank of New York Mellon Corp (BK), Boston Beer Company (SAM) and Lloyds Banking Group Plc ADR (LYG) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.24%, the Shanghai SE Composite Index is up 0.02%, the Mumbai Sensex is down -0.33% the Hang Seng is down -0.4% and the Australia ASX All Ordinaries is down -0.53%. Stocks in Europe are down. The FTSE 100 is down -0.34%, the CAC 40 is down -0.14%, the DAX is down -0.13% and the Euro Stoxx 50 is down -0.08%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.31 at 75.62 per barrel. Brent crude is down -1.36 at 81.32 per barrel. Natural Gas is down -0.11 at 5.46. Precious metals are up this morning. Gold is up 12.13 at 1780.81 per ounce. Platinum is up 0.37 at 1002.83 while silver is up 0.27 at 22.69. 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 down -1.45% to $17,011.02 while Ethereum is down -2.5% to $1,258.70. Equity PUT/CALL RATIO Yesterday, 1,465,151 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 965,707 put contracts. The single-session put/call ratio was 0.66. TODAY'S ECONOMIC CALENDAR Trade Balance Oct 08:30 ET EARNINGS EXPECTED TODAY: ALCO, AZO, BASE, BNED, CDMO, CONN, FERG, HEPS, HQY, IESC, JILL, KVHI, ODC, PLAY, SIG, WDH, ZFOX, ZUO |
