MORNING UPDATE: PriceWatch Alerts for CNC and More... for 2022-11-07 |
| PriceWatch Alerts for CNC, NOV, ADM, TMUS, CVX, VRTX, UNH, RTX, LW, and ADP. Today's optimal covered call on Centene Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CNC stock at $81.73 per share and sell one contract of the Centene Corp November 18, 2022 81 call for $2.48 for a net debit of $79.25 per share. This trade lasts 11 days, giving it an annualized return rate of 57.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Nov Inc has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of NOV stock at $23.22 per share and sell one contract of the Nov Inc December 16, 2022 23 call for $1.62 for a net debit of $21.60 per share. This trade lasts 39 days, giving it an annualized return rate of 56.1%. 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 2.1%. To enter this trade, buy 100 shares of ADM stock at $95.19 per share and sell one contract of the Archer Daniels Midland November 18, 2022 95 call for $2.17 for a net debit of $93.02 per share. This trade lasts 11 days, giving it an annualized return rate of 55.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on T-Mobile US has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of TMUS stock at $148.83 per share and sell one contract of the T-Mobile US November 18, 2022 149 call for $2.90 for a net debit of $145.93 per share. This trade lasts 11 days, giving it an annualized return rate of 54.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of CVX stock at $183.42 per share and sell one contract of the Chevron Corp November 18, 2022 182.5 call for $4.57 for a net debit of $178.85 per share. This trade lasts 11 days, giving it an annualized return rate of 53.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Vertex Pharmaceutic has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of VRTX stock at $308.82 per share and sell one contract of the Vertex Pharmaceutic November 18, 2022 307.5 call for $7.47 for a net debit of $301.35 per share. This trade lasts 11 days, giving it an annualized return rate of 53.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of UNH stock at $538.17 per share and sell one contract of the Unitedhealth Group Inc November 18, 2022 537.5 call for $10.92 for a net debit of $527.26 per share. This trade lasts 11 days, giving it an annualized return rate of 50.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Raytheon Technologies Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of RTX stock at $95.22 per share and sell one contract of the Raytheon Technologies Corp November 18, 2022 95 call for $1.99 for a net debit of $93.23 per share. This trade lasts 11 days, giving it an annualized return rate of 49.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lamb Weston Holdings Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of LW stock at $85.46 per share and sell one contract of the Lamb Weston Holdings Inc November 18, 2022 85 call for $2.02 for a net debit of $83.44 per share. This trade lasts 11 days, giving it an annualized return rate of 48.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). 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 $236.86 per share and sell one contract of the Automatic Data Procs November 18, 2022 235 call for $6.14 for a net debit of $230.72 per share. This trade lasts 11 days, giving it an annualized return rate of 48.4%. 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 Ecolab Inc (ECL), Eqt Corp (EQT) and Fidelity National Information Se (FIS) are moving higher this morning, while Dominion Resources (D), Loews Corp (L) and Catalent Inc (CTLT) are headed lower. while Avalonbay Communities (AVB), Costco Wholesale (COST) and Dominion Resources (D ) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 2.69%, the Nikkei 225 is up 1.21%, the Australia ASX All Ordinaries is up 0.56% the Mumbai Sensex is up 0.39% and the Shanghai SE Composite Index is up 0.23%. In Europe stocks are mixed. The DAX is up 0.85%, the Euro Stoxx 50 is up 0.7%, the CAC 40 is up 0.22% and the FTSE 100 is down -0.22%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.88 at 91.73 per barrel. Brent crude is down -0.77 at 97.8 per barrel. Natural Gas is up 0.66 at 7.06. Precious metals are mixed this morning. Gold is down -5.98 at 1675.89 per ounce. Platinum is up 1.25 at 965.41 while silver is down -0.08 at 20.7. 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 -2.24% to $20,752.78 while Ethereum is down -2.35% to $1,580.78. Equity PUT/CALL RATIO Yesterday, 1,958,469 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,542,179 put contracts. The single-session put/call ratio was 0.79. TODAY'S ECONOMIC CALENDAR Consumer Credit Sep 15:00 ET EARNINGS EXPECTED TODAY: APRN, BNTX, CGAU, CHH, CIO, DINO, EGRX, ESALY, GHM, HAE, HE, HEP, KOS, MRSN, NI, NRG, THS, VTRS |
