MORNING UPDATE: PriceWatch Alerts for IJH and More... for 2022-10-14 |
| PriceWatch Alerts for IJH, JETS, OIL, EWC, GLD, RPM, XME, HACK, KIE, and EZA. Today's optimal covered call on S&P Mid-Cap 400 Ishares Core ETF has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of IJH stock at $229.30 per share and sell one contract of the S&P Mid-Cap 400 Ishares Core ETF October 21, 2022 225 call for $6.95 for a net debit of $222.35 per share. This trade lasts 7 days, giving it an annualized return rate of 54.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on US Global Jets ETF has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of JETS stock at $15.91 per share and sell one contract of the US Global Jets ETF November 25, 2022 15.5 call for $1.24 for a net debit of $14.67 per share. This trade lasts 42 days, giving it an annualized return rate of 48.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of OIL stock at $31.57 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN November 18, 2022 31 call for $1.95 for a net debit of $29.62 per share. This trade lasts 35 days, giving it an annualized return rate of 47.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Canada Ishares MSCI ETF has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of EWC stock at $31.21 per share and sell one contract of the Canada Ishares MSCI ETF November 11, 2022 31 call for $1.18 for a net debit of $30.04 per share. This trade lasts 28 days, giving it an annualized return rate of 40.4%. 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 $154.91 per share and sell one contract of the Gold SPDR October 21, 2022 154 call for $2.22 for a net debit of $152.69 per share. This trade lasts 7 days, giving it an annualized return rate of 39.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on RPM International Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of RPM stock at $92.18 per share and sell one contract of the RPM International Inc November 18, 2022 90 call for $5.06 for a net debit of $87.12 per share. This trade lasts 35 days, giving it an annualized return rate of 33.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P Metals & Mining SPDR has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of XME stock at $46.31 per share and sell one contract of the S&P Metals & Mining SPDR November 18, 2022 46 call for $1.70 for a net debit of $44.62 per share. This trade lasts 35 days, giving it an annualized return rate of 31.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Etfmg Prime Cyber Security ETF has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of HACK stock at $42.56 per share and sell one contract of the Etfmg Prime Cyber Security ETF November 18, 2022 41 call for $2.78 for a net debit of $39.78 per share. This trade lasts 35 days, giving it an annualized return rate of 31.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on S&P Insurance ETF SPDR has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of KIE stock at $38.54 per share and sell one contract of the S&P Insurance ETF SPDR November 18, 2022 38 call for $1.65 for a net debit of $36.89 per share. This trade lasts 35 days, giving it an annualized return rate of 30.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of EZA stock at $37.11 per share and sell one contract of the South Africa Ishares MSCI ETF November 18, 2022 35 call for $3.13 for a net debit of $33.98 per share. This trade lasts 35 days, giving it an annualized return rate of 30.4%. 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 Delta Air Lines, Inc. (DAL), JPMorgan Chase & Co (JPM) and Citigroup Inc (C) are moving higher this morning, while Organon & Co (OGN), Kroger Co (KR) and First Republic Bank (FRC) are headed lower. while TPG Inc (TPG), Organon & Co (OGN) and Northrop Grumman Corporation (NOC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 3.25%, the Shanghai SE Composite Index is up 1.84%, the Australia ASX All Ordinaries is up 1.67% the Hang Seng is up 1.21% and the Mumbai Sensex is up 1.2%. In Europe stocks are up. The CAC 40 is up 1.41%, the Euro Stoxx 50 is up 1.26%, the DAX is up 1.02% and the FTSE 100 is up 1.01%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.55 at 93.02 per barrel. Brent crude is down -1.58 at 87.53 per barrel. Natural Gas is down -0.1 at 6.64. Precious metals are down this morning. Gold is down -11.25 at 1655.12 per ounce. Platinum is down -1.37 at 901.88 while silver is down -0.23 at 18.68. 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 up 4.54% to $19,624.35 while Ethereum is up 6.66% to $1,327.23. Equity PUT/CALL RATIO Yesterday, 2,612,860 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,117,578 put contracts. The single-session put/call ratio was 0.81. TODAY'S ECONOMIC CALENDAR Retail Sales Sep 08:30 ET Retail Sales ex-auto Sep 08:30 ET Univ. of Michigan Consumer Sentiment - Prelim Oct 10:00 ET EARNINGS EXPECTED TODAY: C, ENZ, FRC, JPM, MS, PNC, UNH, USB, WFC |
