MORNING UPDATE: PriceWatch Alerts for OIL and More... for 2022-10-26 |
| PriceWatch Alerts for OIL, CALM, EWW, GLD, IJR, KIE, MDY, GPC, TRV, and HACK. Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of OIL stock at $30.84 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN November 18, 2022 30 call for $1.68 for a net debit of $29.16 per share. This trade lasts 23 days, giving it an annualized return rate of 44.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Cal-Maine Foods IN has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of CALM stock at $59.32 per share and sell one contract of the Cal-Maine Foods IN November 18, 2022 57.5 call for $3.43 for a net debit of $55.89 per share. This trade lasts 23 days, giving it an annualized return rate of 43.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Mexico Ishares MSCI ETF has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of EWW stock at $49.04 per share and sell one contract of the Mexico Ishares MSCI ETF November 11, 2022 48.5 call for $1.48 for a net debit of $47.56 per share. This trade lasts 16 days, giving it an annualized return rate of 42.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Gold SPDR has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of GLD stock at $154.00 per share and sell one contract of the Gold SPDR November 04, 2022 153.5 call for $2.20 for a net debit of $151.80 per share. This trade lasts 9 days, giving it an annualized return rate of 40.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on S&P Small-Cap Ishares Core ETF has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of IJR stock at $95.23 per share and sell one contract of the S&P Small-Cap Ishares Core ETF November 18, 2022 94 call for $3.63 for a net debit of $91.60 per share. This trade lasts 23 days, giving it an annualized return rate of 39.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on S&P Insurance ETF SPDR has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of KIE stock at $39.20 per share and sell one contract of the S&P Insurance ETF SPDR November 18, 2022 39 call for $1.17 for a net debit of $38.03 per share. This trade lasts 23 days, giving it an annualized return rate of 38.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on S&P Midcap 400 SPDR has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of MDY stock at $435.03 per share and sell one contract of the S&P Midcap 400 SPDR November 18, 2022 430 call for $15.70 for a net debit of $419.33 per share. This trade lasts 23 days, giving it an annualized return rate of 38.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Genuine Parts Company has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of GPC stock at $171.65 per share and sell one contract of the Genuine Parts Company November 18, 2022 170 call for $5.86 for a net debit of $165.79 per share. This trade lasts 23 days, giving it an annualized return rate of 38.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on The Travelers Companies Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of TRV stock at $176.09 per share and sell one contract of the The Travelers Companies Inc November 18, 2022 175 call for $5.26 for a net debit of $170.83 per share. This trade lasts 23 days, giving it an annualized return rate of 37.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Etfmg Prime Cyber Security ETF has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of HACK stock at $46.03 per share and sell one contract of the Etfmg Prime Cyber Security ETF November 18, 2022 45 call for $2.08 for a net debit of $43.95 per share. This trade lasts 23 days, giving it an annualized return rate of 36.3%. 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 Freeport-McMoRan Inc (FCX), Interpublic Group of Companies Inc (IPG) and Halliburton Company (HAL) are moving higher this morning, while Assurant, Inc. (AIZ), ServiceNow Inc (NOW) and Boston Scientific Corporation (BSX) are headed lower. while First Foundation Inc (FFWM), Myovant Sciences Ltd (MYOV) and Fresenius Medical Care AG & Co. (FMS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1%, the Shanghai SE Composite Index is up 0.78%, the Nikkei 225 is up 0.67% the Australia ASX All Ordinaries is up 0.16% and the Mumbai Sensex is down -0.48%. In Europe stocks are mixed. The DAX is up 0.29%, the CAC 40 is down -0.18%, the Euro Stoxx 50 is down -0.32% and the FTSE 100 is down -0.56%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.88 at 86.2 per barrel. Brent crude is up 0.55 at 94.07 per barrel. Natural Gas is down -0.07 at 5.54. Precious metals are up this morning. Gold is up 15.51 at 1668.68 per ounce. Platinum is up 20.56 at 939.69 while silver is up 0.21 at 19.56. 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 6.63% to $20,589.73 while Ethereum is up 13.31% to $1,527.39. Equity PUT/CALL RATIO Yesterday, 1,984,058 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,509,048 put contracts. The single-session put/call ratio was 0.76. TODAY'S ECONOMIC CALENDAR New Home Sales Sep 10:00AM EIA Crude Oil Inventories 10/22 10:30AM EARNINGS EXPECTED TODAY: BCS, BG, BSBR, BSX, CAJ, CPG, CSTM, DB, HLT, HOG, IART, KBR, LPL, NDEKY, OC, OTIS, TELNY, TMO, UMC, VRT |
