MORNING UPDATE: PriceWatch Alerts for LFG and More... for 2022-09-15 |
PriceWatch Alerts for LFG, PR, FRO, GEO, DXLG, HQY, AES, CAH, BJ, and GO. Today's optimal covered call on Archaea Energy Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of LFG stock at $20.36 per share and sell one contract of the Archaea Energy Inc October 21, 2022 20 call for $1.35 for a net debit of $19.01 per share. This trade lasts 36 days, giving it an annualized return rate of 51.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Permian Resources Corp has an assigned return rate of 17.8%. To enter this trade, buy 100 shares of PR stock at $8.15 per share and sell one contract of the Permian Resources Corp January 20, 2023 8 call for $1.36 for a net debit of $6.79 per share. This trade lasts 127 days, giving it an annualized return rate of 50.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Frontline Ltd has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of FRO stock at $13.27 per share and sell one contract of the Frontline Ltd November 18, 2022 13 call for $1.31 for a net debit of $11.96 per share. This trade lasts 64 days, giving it an annualized return rate of 49.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Geo Group Inc has an assigned return rate of 11.9%. To enter this trade, buy 100 shares of GEO stock at $8.21 per share and sell one contract of the Geo Group Inc December 16, 2022 8 call for $1.06 for a net debit of $7.15 per share. This trade lasts 92 days, giving it an annualized return rate of 46.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Destination XL Group has an assigned return rate of 20.6%. To enter this trade, buy 100 shares of DXLG stock at $5.91 per share and sell one contract of the Destination XL Group March 17, 2023 5 call for $1.76 for a net debit of $4.14 per share. This trade lasts 183 days, giving it an annualized return rate of 40.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Healthequity has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of HQY stock at $71.28 per share and sell one contract of the Healthequity October 21, 2022 70 call for $4.04 for a net debit of $67.24 per share. This trade lasts 36 days, giving it an annualized return rate of 40.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on The Aes Corp has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of AES stock at $27.03 per share and sell one contract of the The Aes Corp October 21, 2022 27 call for $1.06 for a net debit of $25.97 per share. This trade lasts 36 days, giving it an annualized return rate of 39.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Cardinal Health has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of CAH stock at $66.74 per share and sell one contract of the Cardinal Health September 30, 2022 66 call for $1.78 for a net debit of $64.96 per share. This trade lasts 15 days, giving it an annualized return rate of 36.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of BJ stock at $77.17 per share and sell one contract of the Bj's Wholesale Club Holdings Inc October 21, 2022 75 call for $4.62 for a net debit of $72.55 per share. This trade lasts 36 days, giving it an annualized return rate of 33.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Grocery Outlet Holding Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of GO stock at $36.58 per share and sell one contract of the Grocery Outlet Holding Corp October 21, 2022 35 call for $2.62 for a net debit of $33.96 per share. This trade lasts 36 days, giving it an annualized return rate of 30.4%. 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 Humana Inc (HUM), Union Pacific Corporation (UNP) and Danaher Corporation (DHR) are moving higher this morning, while NextEra Energy Inc (NEE), Coterra Energy Inc (CTRA) and Devon Energy Corp (DVN) are headed lower. Activision Blizzard, Inc. (ATVI), Tesla Inc (TSLA) and GSK plc (GSK) were upgraded by analysts this morning, while AstraZeneca plc (AZN), CVR Energy, Inc. (CVI) and Telefonaktiebolaget LM Ericsson ADR Class B (ERIC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.44%, the Nikkei 225 is up 0.21%, the Australia ASX All Ordinaries is up 0.15% the Mumbai Sensex is down -0.68% and the Shanghai SE Composite Index is down -1.16%. In Europe stocks are mixed. The FTSE 100 is up 0.42%, the DAX is up 0.03%, the Euro Stoxx 50 is down -0.04% and the CAC 40 is down -0.31%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.18 at 87.3 per barrel. Brent crude is down -1.2 at 92.9 per barrel. Natural Gas is down -0.56 at 8.56. Precious metals are mixed this morning. Gold is down -11.11 at 1686.21 per ounce. Platinum is up 7.55 at 917.61 while silver is down -0.18 at 19.39. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Bitcoin is down -0.35% to $20,150.04 while Ethereum is down -0.41% to $1,587.19. Equity PUT/CALL RATIO Yesterday, 1,195,534 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 891,284 put contracts. The single-session put/call ratio was 0.75. TODAY'S ECONOMIC CALENDAR Initial Claims 09/10 08:30 ET Retail Sales Aug 08:30 ET Industrial Production Aug 09:15 ET EARNINGS EXPECTED TODAY: ACQR, ADBE, BOWL, EMLAF, IPHA, JG, MYTE |