MORNING UPDATE: PriceWatch Alerts for WOLF and More... for 2022-09-28 |
| PriceWatch Alerts for WOLF, PANW, SPY, UNH, CI, SES, HUM, EWW, MCK, and CALM. Today's optimal covered call on Wolfspeed Inc has an assigned return rate of 6.1%. To enter this trade, buy 100 shares of WOLF stock at $112.63 per share and sell one contract of the Wolfspeed Inc October 21, 2022 110 call for $8.94 for a net debit of $103.69 per share. This trade lasts 23 days, giving it an annualized return rate of 92.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Palo Alto Networks Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of PANW stock at $163.66 per share and sell one contract of the Palo Alto Networks Inc October 07, 2022 161.67 call for $5.64 for a net debit of $158.02 per share. This trade lasts 9 days, giving it an annualized return rate of 84.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on S&P 500 SPDR has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SPY stock at $363.38 per share and sell one contract of the S&P 500 SPDR October 05, 2022 362 call for $7.78 for a net debit of $355.60 per share. This trade lasts 7 days, giving it an annualized return rate of 82.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of UNH stock at $508.37 per share and sell one contract of the Unitedhealth Group Inc October 07, 2022 507.5 call for $11.44 for a net debit of $496.92 per share. This trade lasts 9 days, giving it an annualized return rate of 77.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Cigna Corp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of CI stock at $277.62 per share and sell one contract of the Cigna Corp October 07, 2022 277.5 call for $5.84 for a net debit of $271.78 per share. This trade lasts 9 days, giving it an annualized return rate of 76.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Ultrashort Real Estate ETF has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of SRS stock at $20.86 per share and sell one contract of the Ultrashort Real Estate ETF October 21, 2022 20 call for $1.82 for a net debit of $19.04 per share. This trade lasts 23 days, giving it an annualized return rate of 76.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Humana Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of HUM stock at $487.31 per share and sell one contract of the Humana Inc October 07, 2022 487.5 call for $9.26 for a net debit of $478.05 per share. This trade lasts 9 days, giving it an annualized return rate of 72.2%. The risk assessment of this trade is 5 keys (The Lowest 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 $44.22 per share and sell one contract of the Mexico Ishares MSCI ETF October 07, 2022 44 call for $1.06 for a net debit of $43.16 per share. This trade lasts 9 days, giving it an annualized return rate of 71.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Mckesson Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of MCK stock at $341.47 per share and sell one contract of the Mckesson Corp October 07, 2022 340 call for $7.88 for a net debit of $333.59 per share. This trade lasts 9 days, giving it an annualized return rate of 70.1%. 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 4.5%. To enter this trade, buy 100 shares of CALM stock at $60.53 per share and sell one contract of the Cal-Maine Foods IN October 21, 2022 60 call for $3.14 for a net debit of $57.39 per share. This trade lasts 23 days, giving it an annualized return rate of 69.2%. The risk assessment of this trade is 3 keys (Moderate 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 Eli Lilly And Co (LLY), Coterra Energy Inc (CTRA) and Twitter Inc (TWTR) are moving higher this morning, while Bath & Body Works Inc (BBWI), Salesforce Inc (CRM) and Tapestry Inc (TPR) are headed lower. while Avient Corp (AVNT), Iris Energy Ltd (IREN) and Lockheed Martin Corporation (LMT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -3.41%, the Shanghai SE Composite Index is down -1.58%, the Nikkei 225 is down -1.5% the Mumbai Sensex is down -0.89% and the Australia ASX All Ordinaries is down -0.55%.Stocks in Europe are down. The Euro Stoxx 50 is down -1.41%, the DAX is down -1.36%, the CAC 40 is down -1.27% and the FTSE 100 is down -0.84%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.28 at 78.78 per barrel. Brent crude is up 0.11 at 86.38 per barrel. Natural Gas is down -0.14 at 6.51. Precious metals are down this morning. Gold is down -2.5 at 1626.4 per ounce. Platinum is down -7.5 at 843.38 while silver is down -0.26 at 18.08. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Bitcoin is down -6.57% to $18,977.95 while Ethereum is down -7.01% to $1,296.29. Equity PUT/CALL RATIO Yesterday, 1,701,474 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,592,198 put contracts. The single-session put/call ratio was 0.94. TODAY'S ECONOMIC CALENDAR Adv. Wholesale Inventories Aug 08:30 ET Pending Home Sales Aug 10:00 ET EIA Crude Oil Inventories 09/24 10:30 ET EARNINGS EXPECTED TODAY: CGNT, CNXC, CTAS, EPAC, GNFT, HEPS, JEF, LILM, MLKN, MTN, NAPA, NBTX, PAYX, PCYG, THO, VRAR |
