MORNING UPDATE: PriceWatch Alerts for AZN and More... for 2022-12-01 |
| PriceWatch Alerts for AZN, STLD, AXON, UHS, ADM, LMT, ACM, CAH, ERF, and GD. Today's optimal covered call on Astrazeneca Plc ADR has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of AZN stock at $67.97 per share and sell one contract of the Astrazeneca Plc ADR December 09, 2022 68 call for $0.87 for a net debit of $67.10 per share. This trade lasts 8 days, giving it an annualized return rate of 54.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of STLD stock at $103.93 per share and sell one contract of the Steel Dynamics Inc December 16, 2022 100 call for $6.23 for a net debit of $97.70 per share. This trade lasts 15 days, giving it an annualized return rate of 53.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Axon Enterprise Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of AXON stock at $184.03 per share and sell one contract of the Axon Enterprise Inc December 16, 2022 180 call for $8.16 for a net debit of $175.87 per share. This trade lasts 15 days, giving it an annualized return rate of 53.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Universal Health Services has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of UHS stock at $130.85 per share and sell one contract of the Universal Health Services December 16, 2022 130 call for $3.74 for a net debit of $127.11 per share. This trade lasts 15 days, giving it an annualized return rate of 51.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of ADM stock at $97.50 per share and sell one contract of the Archer Daniels Midland December 09, 2022 97 call for $1.72 for a net debit of $95.78 per share. This trade lasts 8 days, giving it an annualized return rate of 51.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lockheed Martin Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of LMT stock at $485.19 per share and sell one contract of the Lockheed Martin Corp December 09, 2022 485 call for $6.08 for a net debit of $479.11 per share. This trade lasts 8 days, giving it an annualized return rate of 49.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Aecom Technology Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of ACM stock at $85.00 per share and sell one contract of the Aecom Technology Corp December 16, 2022 85 call for $1.81 for a net debit of $83.19 per share. This trade lasts 15 days, giving it an annualized return rate of 49.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Cardinal Health has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of CAH stock at $80.17 per share and sell one contract of the Cardinal Health December 09, 2022 80 call for $1.12 for a net debit of $79.05 per share. This trade lasts 8 days, giving it an annualized return rate of 48.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Enerplus Corp has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of ERF stock at $18.58 per share and sell one contract of the Enerplus Corp January 20, 2023 18 call for $1.72 for a net debit of $16.86 per share. This trade lasts 50 days, giving it an annualized return rate of 48.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on General Dynamics Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of GD stock at $252.39 per share and sell one contract of the General Dynamics Corp December 09, 2022 252.5 call for $2.84 for a net debit of $249.55 per share. This trade lasts 8 days, giving it an annualized return rate of 47.9%. 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 Kroger Company (KR), Pentair Ltd (PNR) and Newmont Mining Corp (NEM) are moving higher this morning, while Salesforce Inc (CRM), Dollar General Corp (DG) and Synchrony Financial (SYF) are headed lower. while Ally Financial (ALLY), B&G Foods Holdings (BGS) and U.S. Bancorp (USB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Australia ASX All Ordinaries is up 0.98%, the Nikkei 225 is up 0.92%, the Hang Seng is up 0.75% the Shanghai SE Composite Index is up 0.45% and the Mumbai Sensex is up 0.29%. In Europe stocks are up. The DAX is up 0.82%, the Euro Stoxx 50 is up 0.64%, the CAC 40 is up 0.23% and the FTSE 100 is up 0.11%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.02 at 81.56 per barrel. Brent crude is up 0.99 at 87.96 per barrel. Natural Gas is up 0.09 at 7.02. Precious metals are mixed this morning. Gold is up 16.34 at 1784.87 per ounce. Platinum is down -3.57 at 1033.65 while silver is up 0.61 at 22.4. 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 1.83% to $17,139.21 while Ethereum is up 2.12% to $1,287.89. Equity PUT/CALL RATIO Yesterday, 1,551,104 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,962,474 put contracts. The single-session put/call ratio was 1.27. TODAY'S ECONOMIC CALENDAR Initial Claims 11/26 08:30 ET PCE Prices Oct 08:30 ET ISM Manufacturing Index Nov 10:00 ET EARNINGS EXPECTED TODAY: ARCE, BIG, BMO, CHPT, CM, DBI, DG, DLTH, GB, KR, LE, MEI, NNDM, PDCO, REX, TD, TOUR, YI |
