MORNING UPDATE: PriceWatch Alerts for ADP and More... for 2022-11-10 |
| PriceWatch Alerts for ADP, NOC, ADM, LMT, GLPI, CB, UNH, GILD, TMUS, and RJF. Today's optimal covered call on Automatic Data Procs has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of ADP stock at $240.38 per share and sell one contract of the Automatic Data Procs November 18, 2022 240 call for $4.93 for a net debit of $235.45 per share. This trade lasts 8 days, giving it an annualized return rate of 78.4%. The risk assessment of this trade is 5 keys (The Lowest 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 $533.14 per share and sell one contract of the Northrop Grumman Corp November 18, 2022 532.5 call for $10.53 for a net debit of $522.61 per share. This trade lasts 8 days, giving it an annualized return rate of 76.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ADM stock at $93.06 per share and sell one contract of the Archer Daniels Midland November 18, 2022 93 call for $1.72 for a net debit of $91.34 per share. This trade lasts 8 days, giving it an annualized return rate of 73.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lockheed Martin Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of LMT stock at $485.18 per share and sell one contract of the Lockheed Martin Corp November 18, 2022 485 call for $8.26 for a net debit of $476.92 per share. This trade lasts 8 days, giving it an annualized return rate of 68.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gaming & Leisure has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GLPI stock at $50.05 per share and sell one contract of the Gaming & Leisure November 18, 2022 50 call for $0.88 for a net debit of $49.18 per share. This trade lasts 8 days, giving it an annualized return rate of 68.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Chubb Ltd has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CB stock at $210.12 per share and sell one contract of the Chubb Ltd November 18, 2022 210 call for $3.54 for a net debit of $206.58 per share. This trade lasts 8 days, giving it an annualized return rate of 67.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of UNH stock at $540.66 per share and sell one contract of the Unitedhealth Group Inc November 18, 2022 540 call for $9.24 for a net debit of $531.42 per share. This trade lasts 8 days, giving it an annualized return rate of 65.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gilead Sciences Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of GILD stock at $82.32 per share and sell one contract of the Gilead Sciences Inc November 18, 2022 82 call for $1.59 for a net debit of $80.73 per share. This trade lasts 8 days, giving it an annualized return rate of 63.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on T-Mobile US has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of TMUS stock at $148.64 per share and sell one contract of the T-Mobile US November 18, 2022 148 call for $2.90 for a net debit of $145.74 per share. This trade lasts 8 days, giving it an annualized return rate of 62.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Raymond James Financial has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of RJF stock at $121.52 per share and sell one contract of the Raymond James Financial November 18, 2022 120 call for $3.34 for a net debit of $118.18 per share. This trade lasts 8 days, giving it an annualized return rate of 62.5%. 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 Stryker Corp (SYK), Crown Castle Inc (CCI) and D.R. Horton (DHI) are moving higher this morning, while Westrock Company (WRK), Tapestry Inc (TPR) and Altria Group (MO) are headed lower. while Altria Group (MO), Amyris Inc (AMRS) and Vintage Wine Estates Inc (VWE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -1.7%, the Nikkei 225 is down -0.98%, the Mumbai Sensex is down -0.69% the Australia ASX All Ordinaries is down -0.58% and the Shanghai SE Composite Index is down -0.39%.In Europe stocks are mixed. The DAX is up 0.02%, the Euro Stoxx 50 is down -0.02%, the FTSE 100 is down -0.08% and the CAC 40 is down -0.44%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.56 at 85.27 per barrel. Brent crude is down -0.46 at 92.19 per barrel. Natural Gas is up 0.11 at 5.98. Precious metals are mixed this morning. Gold is up 2.47 at 1709.21 per ounce. Platinum is up 6.86 at 996.71 while silver is down -0.13 at 21.2. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and down against the Pound. Bitcoin is down -5.97% to $16,617.21 while Ethereum is down -1.82% to $1,207.51. Equity PUT/CALL RATIO Yesterday, 1,260,550 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,213,394 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Continuing Claims 10/29 08:30 ET CPI Oct 08:30 ET Initial Claims 11/05 08:30 ET EARNINGS EXPECTED TODAY: AEG, AZN, BAMR, BBLN, BIOX, BRDCY, CDNAF, CMCL, EPC, EYE, FUJIY, GGR, HMPT, MITEY, MT, NICE, NIO, SLGL, WIX |
