MORNING UPDATE: PriceWatch Alerts for EWC and More... for 2022-10-20 |
| PriceWatch Alerts for EWC, IJR, CALM, GLD, JETS, IJH, GIS, RPM, KIE, and LW. Today's optimal covered call on Canada Ishares MSCI ETF has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of EWC stock at $31.33 per share and sell one contract of the Canada Ishares MSCI ETF November 18, 2022 31 call for $1.26 for a net debit of $30.06 per share. This trade lasts 29 days, giving it an annualized return rate of 37.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on S&P Small-Cap Ishares Core ETF has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of IJR stock at $91.43 per share and sell one contract of the S&P Small-Cap Ishares Core ETF November 18, 2022 90 call for $4.12 for a net debit of $87.31 per share. This trade lasts 29 days, giving it an annualized return rate of 37.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Cal-Maine Foods IN has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CALM stock at $60.68 per share and sell one contract of the Cal-Maine Foods IN November 18, 2022 60 call for $2.47 for a net debit of $58.21 per share. This trade lasts 29 days, giving it an annualized return rate of 37.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Gold SPDR has an assigned return rate of 0.9%. To enter this trade, buy 100 shares of GLD stock at $151.69 per share and sell one contract of the Gold SPDR October 28, 2022 151 call for $2.06 for a net debit of $149.62 per share. This trade lasts 8 days, giving it an annualized return rate of 37.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on US Global Jets ETF has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of JETS stock at $16.61 per share and sell one contract of the US Global Jets ETF December 16, 2022 16 call for $1.50 for a net debit of $15.11 per share. This trade lasts 57 days, giving it an annualized return rate of 37.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P Mid-Cap 400 Ishares Core ETF has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of IJH stock at $229.10 per share and sell one contract of the S&P Mid-Cap 400 Ishares Core ETF November 18, 2022 225 call for $10.15 for a net debit of $218.95 per share. This trade lasts 29 days, giving it an annualized return rate of 33.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on General Mills has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of GIS stock at $78.13 per share and sell one contract of the General Mills November 18, 2022 77.5 call for $2.52 for a net debit of $75.61 per share. This trade lasts 29 days, giving it an annualized return rate of 30.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on RPM International Inc has an assigned return rate of 8.1%. To enter this trade, buy 100 shares of RPM stock at $89.61 per share and sell one contract of the RPM International Inc February 17, 2023 90 call for $6.39 for a net debit of $83.22 per share. This trade lasts 120 days, giving it an annualized return rate of 24.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P Insurance ETF SPDR has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of KIE stock at $38.96 per share and sell one contract of the S&P Insurance ETF SPDR December 16, 2022 38 call for $2.26 for a net debit of $36.70 per share. This trade lasts 57 days, giving it an annualized return rate of 22.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Lamb Weston Holdings Inc has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of LW stock at $83.87 per share and sell one contract of the Lamb Weston Holdings Inc January 20, 2023 80 call for $8.03 for a net debit of $75.84 per share. This trade lasts 92 days, giving it an annualized return rate of 21.5%. The risk assessment of this trade is 2 keys (Considerable 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE while Sunrun Inc (RUN) was downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.16%, the Shanghai SE Composite Index is down -0.31%, the Nikkei 225 is down -0.92% the Australia ASX All Ordinaries is down -1.16% and the Hang Seng is down -1.4%. In Europe stocks are mixed. The CAC 40 is up 0.26%, the FTSE 100 is up 0.06%, the Euro Stoxx 50 is down -0.09% and the DAX is down -0.41%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.91 at 87.46 per barrel. Brent crude is up 1.41 at 93.82 per barrel. Natural Gas is up 0.01 at 5.48. Precious metals are up this morning. Gold is up 7.31 at 1636.75 per ounce. Platinum is up 7.44 at 894.87 while silver is up 0.28 at 18.64. 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 0.17% to $19,222.90 while Ethereum is up 0.12% to $1,300.11. Equity PUT/CALL RATIO Yesterday, 1,609,108 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,392,967 put contracts. The single-session put/call ratio was 0.87. TODAY'S ECONOMIC CALENDAR Initial Claims 10/15 8:30 Continuing Claims 10/08 8:30 Existing Home Sales Sep 10:00 EARNINGS EXPECTED TODAY: HRI |
