MORNING UPDATE: PriceWatch Alerts for ADM and More... for 2022-10-31 |
| PriceWatch Alerts for ADM, TSCO, CVX, LPLA, WFRD, CAT, XOM, VIST, NOC, and RTX. Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ADM stock at $94.88 per share and sell one contract of the Archer Daniels Midland November 11, 2022 95 call for $2.22 for a net debit of $92.66 per share. This trade lasts 11 days, giving it an annualized return rate of 65.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Tractor Supply Company has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of TSCO stock at $223.14 per share and sell one contract of the Tractor Supply Company November 11, 2022 222.5 call for $6.09 for a net debit of $217.05 per share. This trade lasts 11 days, giving it an annualized return rate of 65.5%. 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 2.5%. To enter this trade, buy 100 shares of CVX stock at $179.98 per share and sell one contract of the Chevron Corp November 11, 2022 180 call for $4.38 for a net debit of $175.60 per share. This trade lasts 11 days, giving it an annualized return rate of 65.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lpl Financial Holdings has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of LPLA stock at $260.19 per share and sell one contract of the Lpl Financial Holdings November 18, 2022 260 call for $9.22 for a net debit of $250.97 per share. This trade lasts 18 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 Weatherford International Plc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of WFRD stock at $41.20 per share and sell one contract of the Weatherford International Plc November 18, 2022 40 call for $2.58 for a net debit of $38.62 per share. This trade lasts 18 days, giving it an annualized return rate of 62.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Caterpillar Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of CAT stock at $219.34 per share and sell one contract of the Caterpillar Inc November 11, 2022 217.5 call for $6.84 for a net debit of $212.50 per share. This trade lasts 11 days, giving it an annualized return rate of 61.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of XOM stock at $110.70 per share and sell one contract of the Exxon Mobil Corp November 11, 2022 110 call for $3.18 for a net debit of $107.52 per share. This trade lasts 11 days, giving it an annualized return rate of 60.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Vista Energy S.A.B. DE C.V. ADR has an assigned return rate of 8.0%. To enter this trade, buy 100 shares of VIST stock at $12.74 per share and sell one contract of the Vista Energy S.A.B. DE C.V. ADR December 16, 2022 12.5 call for $1.17 for a net debit of $11.57 per share. This trade lasts 46 days, giving it an annualized return rate of 59.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Northrop Grumman Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of NOC stock at $548.11 per share and sell one contract of the Northrop Grumman Corp November 11, 2022 545 call for $15.10 for a net debit of $533.01 per share. This trade lasts 11 days, giving it an annualized return rate of 58.6%. 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 2.2%. To enter this trade, buy 100 shares of RTX stock at $95.08 per share and sell one contract of the Raytheon Technologies Corp November 11, 2022 95 call for $2.10 for a net debit of $92.98 per share. This trade lasts 11 days, giving it an annualized return rate of 56.6%. 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 EQT Corp (EQT), Las Vegas Sands Corp. (LVS) and CF Industries Holdings, Inc. (CF) are moving higher this morning, while Howmet Aerospace Inc (HWM), Global Payments Inc (GPN) and Yum! Brands, Inc. (YUM) are headed lower. while Advanced Micro Devices, Inc. (AMD), Caterpillar Inc. (CAT) and Vitru Ltd (VTRU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.78%, the Mumbai Sensex is up 1.31%, the Australia ASX All Ordinaries is up 1.17% the Shanghai SE Composite Index is down -0.77% and the Hang Seng is down -1.18%. In Europe stocks are mixed. The DAX is up 0.29%, the Euro Stoxx 50 is up 0.16%, the FTSE 100 is up 0.14% and the CAC 40 is down -0.17%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -1.54 at 86.36 per barrel. Brent crude is down -1.32 at 94.45 per barrel. Natural Gas is up 0.61 at 6.29. Precious metals are down this morning. Gold is down -4.96 at 1639.9 per ounce. Platinum is down -19.89 at 928.08 while silver is down -0.02 at 19.13. 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 -0.14% to $20,734.75 while Ethereum is up 0.99% to $1,620.20. Equity PUT/CALL RATIO Yesterday, 1,639,608 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,516,863 put contracts. The single-session put/call ratio was 0.93. TODAY'S ECONOMIC CALENDAR Chicago PMI Oct 09:45 ET EARNINGS EXPECTED TODAY: ALX, ARLP, CJPRY, CNA, DSEEY, DSNKY, EJPRY, GPN, HWM, JELD, KMTUY, KYOCY, L, NSP, ON, PCRFY, PEG, SAIA, SBT, SXC |
