MORNING UPDATE: PriceWatch Alerts for ADP and More... for 2022-11-03 |
| PriceWatch Alerts for ADP, FISV, NTCT, CNC, NOC, RTX, GILD, IRDM, EQNR, and UNH. Today's optimal covered call on Automatic Data Procs has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ADP stock at $237.44 per share and sell one contract of the Automatic Data Procs November 11, 2022 237.5 call for $4.12 for a net debit of $233.32 per share. This trade lasts 8 days, giving it an annualized return rate of 72.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Fiserv Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of FISV stock at $100.56 per share and sell one contract of the Fiserv Inc November 11, 2022 100 call for $2.30 for a net debit of $98.26 per share. This trade lasts 8 days, giving it an annualized return rate of 71.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Netscout Systems has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of NTCT stock at $35.03 per share and sell one contract of the Netscout Systems November 18, 2022 35 call for $1.10 for a net debit of $33.94 per share. This trade lasts 15 days, giving it an annualized return rate of 71.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Centene Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CNC stock at $85.06 per share and sell one contract of the Centene Corp November 11, 2022 85 call for $1.52 for a net debit of $83.54 per share. This trade lasts 8 days, giving it an annualized return rate of 70.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Northrop Grumman Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NOC stock at $530.30 per share and sell one contract of the Northrop Grumman Corp November 11, 2022 530 call for $9.22 for a net debit of $521.08 per share. This trade lasts 8 days, giving it an annualized return rate of 69.4%. 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 1.7%. To enter this trade, buy 100 shares of RTX stock at $94.15 per share and sell one contract of the Raytheon Technologies Corp November 11, 2022 94 call for $1.72 for a net debit of $92.44 per share. This trade lasts 8 days, giving it an annualized return rate of 68.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Gilead Sciences Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GILD stock at $77.88 per share and sell one contract of the Gilead Sciences Inc November 11, 2022 78 call for $1.17 for a net debit of $76.71 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 Iridium Comm Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of IRDM stock at $50.30 per share and sell one contract of the Iridium Comm Inc November 18, 2022 50 call for $1.74 for a net debit of $48.56 per share. This trade lasts 15 days, giving it an annualized return rate of 67.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Equinor ASA ADR has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of EQNR stock at $36.95 per share and sell one contract of the Equinor ASA ADR November 18, 2022 37 call for $1.01 for a net debit of $35.94 per share. This trade lasts 15 days, giving it an annualized return rate of 67.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of UNH stock at $543.43 per share and sell one contract of the Unitedhealth Group Inc November 11, 2022 542.5 call for $8.76 for a net debit of $534.67 per share. This trade lasts 8 days, giving it an annualized return rate of 59.4%. 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 Evergy Inc (EVRG), Royal Caribbean Cruises Ltd (RCL) and Cigna Corp (CI) are moving higher this morning, while Lincoln National Corp (LNC), Lumen Technologies Inc (LUMN) and Zoetis Inc (ZTS) are headed lower. while Altice USA Inc (ATUS), Zions Bancorporation NA (ZION) and Rapid7 Inc (RPD) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -3.08%, the Australia ASX All Ordinaries is down -1.77%, the Shanghai SE Composite Index is down -0.19% the Mumbai Sensex is down -0.11% and the Nikkei 225 is down -0.06%.Stocks in Europe are down. The DAX is down -1.25%, the Euro Stoxx 50 is down -1.18%, the CAC 40 is down -0.92% and the FTSE 100 is down -0.81%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.24 at 88.76 per barrel. Brent crude is down -1.11 at 95.05 per barrel. Natural Gas is down -0.24 at 6.03. Precious metals are down this morning. Gold is down -15.33 at 1619.91 per ounce. Platinum is down -16.66 at 9221 while silver is down -0.73 at 18.86. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Bitcoin is down -1.38% to $20,139.14 while Ethereum is down -1.29% to $1,534.23. Equity PUT/CALL RATIO Yesterday, 1,932,292 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,337,767 put contracts. The single-session put/call ratio was 1.21. TODAY'S ECONOMIC CALENDAR Continuing Claims 10/22 08:30 ET Initial Claims 10/29 08:30 ET ISM Non-Manufacturing Index Oct 10:00 ET EARNINGS EXPECTED TODAY: ACIW, ADDYY, AHEXY, AHH, APD, ATHM, BAYRY, BDRBF, CCEP, CI, CIO, DLX, EPAM, EURN, FVRR, GNL, GOLD, HDELY, HL, HVRRY, IMOS, ING, NVZMY, PHAR, SATS, TK, TNK, VEON |
