MORNING UPDATE: PriceWatch Alerts for CAH and More... for 2022-09-14 |
| PriceWatch Alerts for CAH, GEO, DXLG, FRO, PYCR, BJ, CRC, PR, GO, and AES. Today's optimal covered call on Cardinal Health has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of CAH stock at $66.83 per share and sell one contract of the Cardinal Health September 30, 2022 67 call for $1.33 for a net debit of $65.50 per share. This trade lasts 16 days, giving it an annualized return rate of 49.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Geo Group Inc has an assigned return rate of 12.6%. To enter this trade, buy 100 shares of GEO stock at $8.12 per share and sell one contract of the Geo Group Inc December 16, 2022 8 call for $1.01 for a net debit of $7.10 per share. This trade lasts 93 days, giving it an annualized return rate of 48.9%. 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 22.2%. To enter this trade, buy 100 shares of DXLG stock at $6.00 per share and sell one contract of the Destination XL Group March 17, 2023 5 call for $1.91 for a net debit of $4.09 per share. This trade lasts 184 days, giving it an annualized return rate of 43.9%. 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 7.4%. To enter this trade, buy 100 shares of FRO stock at $12.59 per share and sell one contract of the Frontline Ltd November 18, 2022 12 call for $1.42 for a net debit of $11.18 per share. This trade lasts 65 days, giving it an annualized return rate of 40.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Paycor Hcm Inc has an assigned return rate of 10.5%. To enter this trade, buy 100 shares of PYCR stock at $31.25 per share and sell one contract of the Paycor Hcm Inc December 16, 2022 30 call for $4.10 for a net debit of $27.15 per share. This trade lasts 93 days, giving it an annualized return rate of 40.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of BJ stock at $76.08 per share and sell one contract of the Bj's Wholesale Club Holdings Inc October 21, 2022 75 call for $4.02 for a net debit of $72.06 per share. This trade lasts 37 days, giving it an annualized return rate of 39.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on California Resources Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of CRC stock at $43.25 per share and sell one contract of the California Resources Corp October 21, 2022 40 call for $4.63 for a net debit of $38.62 per share. This trade lasts 37 days, giving it an annualized return rate of 34.3%. 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 19.0%. To enter this trade, buy 100 shares of PR stock at $7.81 per share and sell one contract of the Permian Resources Corp April 21, 2023 7 call for $1.93 for a net debit of $5.88 per share. This trade lasts 219 days, giving it an annualized return rate of 31.6%. 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 3.0%. To enter this trade, buy 100 shares of GO stock at $37.01 per share and sell one contract of the Grocery Outlet Holding Corp October 21, 2022 35 call for $3.03 for a net debit of $33.98 per share. This trade lasts 37 days, giving it an annualized return rate of 28.8%. 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 4.5%. To enter this trade, buy 100 shares of AES stock at $26.83 per share and sell one contract of the The Aes Corp November 18, 2022 26 call for $1.96 for a net debit of $24.87 per share. This trade lasts 65 days, giving it an annualized return rate of 25.1%. 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)! 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 Dover Corp (DOV), LyondellBasell Industries NV (LYB) and Invesco Ltd. (IVZ) are moving higher this morning, while Nucor Corporation (NUE), Altria Group Inc (MO) and Union Pacific Corporation (UNP) are headed lower. PayPal Holdings Inc (PYPL), Nikola Corp (NKLA) and Brandywine Realty Trust (BDN) were upgraded by analysts this morning, while Vintage Wine Estates Inc (VWE), Woodward, Inc.Common Stock (WWD) and Syneos Health Inc (SYNH) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Nikkei 225 is down -2.78%, the Australia ASX All Ordinaries is down -2.51%, the Hang Seng is down -2.48% the Shanghai SE Composite Index is down -0.8% and the Mumbai Sensex is down -0.37%.Stocks in Europe are down. The FTSE 100 is down -1.33%, the DAX is down -0.96%, the Euro Stoxx 50 is down -0.71% and the CAC 40 is down -0.69%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.54 at 86.77 per barrel. Brent crude is down -0.51 at 92.66 per barrel. Natural Gas is up 0.05 at 8.33. Precious metals are mixed this morning. Gold is up 0.04 at 1702.21 per ounce. Platinum is up 11.72 at 896.04 while silver is down -0.03 at 19.46. 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 down -10.43% to $20,219.86 while Ethereum is down -8.35% to $1,593.76. Equity PUT/CALL RATIO Yesterday, 2,007,409 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,027,658 put contracts. The single-session put/call ratio was 1.01. TODAY'S ECONOMIC CALENDAR Core PPI Aug 08:30 ET PPI Aug 08:30 ET EIA Crude Oil Inventories 09/10 10:30 ET EARNINGS EXPECTED TODAY: DOOO, HITI, IPA, IRNT, LICY, MMMB, RFIL, TNP |
