MORNING UPDATE: PriceWatch Alerts for GIS and More... for 2022-10-10 |
| PriceWatch Alerts for GIS, EZA, HACK, JETS, EWC, SLV, KIE, HLIT, DBC, and UUP. Today's optimal covered call on General Mills has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GIS stock at $75.35 per share and sell one contract of the General Mills October 21, 2022 75 call for $1.62 for a net debit of $73.74 per share. This trade lasts 11 days, giving it an annualized return rate of 44.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of EZA stock at $37.44 per share and sell one contract of the South Africa Ishares MSCI ETF November 18, 2022 36 call for $2.83 for a net debit of $34.61 per share. This trade lasts 39 days, giving it an annualized return rate of 34.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Etfmg Prime Cyber Security ETF has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of HACK stock at $44.15 per share and sell one contract of the Etfmg Prime Cyber Security ETF November 18, 2022 43 call for $2.70 for a net debit of $41.46 per share. This trade lasts 39 days, giving it an annualized return rate of 32.4%. 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 6.0%. To enter this trade, buy 100 shares of JETS stock at $15.57 per share and sell one contract of the US Global Jets ETF December 16, 2022 14.86 call for $1.55 for a net debit of $14.02 per share. This trade lasts 67 days, giving it an annualized return rate of 31.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Canada Ishares MSCI ETF has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of EWC stock at $31.17 per share and sell one contract of the Canada Ishares MSCI ETF November 11, 2022 30.5 call for $1.52 for a net debit of $29.64 per share. This trade lasts 32 days, giving it an annualized return rate of 30.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of SLV stock at $18.50 per share and sell one contract of the Silver Trust Ishares December 16, 2022 18 call for $1.36 for a net debit of $17.14 per share. This trade lasts 67 days, giving it an annualized return rate of 26.2%. 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 2.5%. To enter this trade, buy 100 shares of KIE stock at $37.21 per share and sell one contract of the S&P Insurance ETF SPDR November 18, 2022 36 call for $2.10 for a net debit of $35.11 per share. This trade lasts 39 days, giving it an annualized return rate of 22.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Harmonic Inc has an assigned return rate of 10.1%. To enter this trade, buy 100 shares of HLIT stock at $13.28 per share and sell one contract of the Harmonic Inc April 21, 2023 12.5 call for $1.92 for a net debit of $11.36 per share. This trade lasts 193 days, giving it an annualized return rate of 18.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on DB Commodity Index Fund Invesco has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of DBC stock at $25.99 per share and sell one contract of the DB Commodity Index Fund Invesco January 20, 2023 25 call for $2.24 for a net debit of $23.75 per share. This trade lasts 102 days, giving it an annualized return rate of 18.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on DB US Dollar Index Bullish Fund has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of UUP stock at $30.30 per share and sell one contract of the DB US Dollar Index Bullish Fund January 20, 2023 30 call for $1.13 for a net debit of $29.17 per share. This trade lasts 102 days, giving it an annualized return rate of 9.9%. 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)! 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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 American Tower Corp (AMT), Merck & Co., Inc. (MRK) and Freeport-McMoRan Inc (FCX) are moving higher this morning, while Ford Motor Company (F), General Motors Company (GM) and Las Vegas Sands Corp. (LVS) are headed lower. while Tenable Holdings Inc (TENB), Lincoln National Corporation (LNC) and Tata Motors Limited ADR (TTM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -2.95%, the Shanghai SE Composite Index is down -1.66%, the Australia ASX All Ordinaries is down -1.49% the Nikkei 225 is down -0.71% and the Mumbai Sensex is down -0.34%.In Europe stocks are mixed. The DAX is up 0.75%, the Euro Stoxx 50 is up 0.05%, the CAC 40 is down -0.1% and the FTSE 100 is down -0.29%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.75 at 91.89 per barrel. Brent crude is down -0.74 at 97.18 per barrel. Natural Gas is up 0.03 at 6.78. Precious metals are down this morning. Gold is down -17.53 at 1677.29 per ounce. Platinum is down -4.93 at 911.89 while silver is down -0.44 at 19.81. 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 -0.72% to $19,341.05 while Ethereum is down -0.68% to $1,314.92. Equity PUT/CALL RATIO Yesterday, 1,561,974 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,498,688 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: |
