MORNING UPDATE: PriceWatch Alerts for NOC and More... for 2022-08-30 |
| PriceWatch Alerts for NOC, CVX, UNH, HXL, ADM, STZ, CNC, NOV, CHRW, and EXTR. Today's optimal covered call on Northrop Grumman Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NOC stock at $485.81 per share and sell one contract of the Northrop Grumman Corp September 09, 2022 485 call for $9.09 for a net debit of $476.72 per share. This trade lasts 10 days, giving it an annualized return rate of 57.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CVX stock at $164.63 per share and sell one contract of the Chevron Corp September 09, 2022 162.5 call for $4.83 for a net debit of $159.80 per share. This trade lasts 10 days, giving it an annualized return rate of 56.0%. 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 1.7%. To enter this trade, buy 100 shares of UNH stock at $529.77 per share and sell one contract of the Unitedhealth Group Inc September 09, 2022 530 call for $8.38 for a net debit of $521.40 per share. This trade lasts 10 days, giving it an annualized return rate of 54.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Hexcel Corp has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of HXL stock at $60.49 per share and sell one contract of the Hexcel Corp September 16, 2022 60 call for $2.04 for a net debit of $58.44 per share. This trade lasts 17 days, giving it an annualized return rate of 54.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of ADM stock at $90.76 per share and sell one contract of the Archer Daniels Midland September 09, 2022 90 call for $2.12 for a net debit of $88.64 per share. This trade lasts 10 days, giving it an annualized return rate of 50.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Constellation Brands Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of STZ stock at $250.61 per share and sell one contract of the Constellation Brands Inc September 09, 2022 250 call for $4.26 for a net debit of $246.35 per share. This trade lasts 10 days, giving it an annualized return rate of 49.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Centene Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of CNC stock at $91.44 per share and sell one contract of the Centene Corp September 16, 2022 91 call for $2.52 for a net debit of $88.92 per share. This trade lasts 17 days, giving it an annualized return rate of 47.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Nov Inc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of NOV stock at $18.83 per share and sell one contract of the Nov Inc October 07, 2022 18 call for $1.66 for a net debit of $17.16 per share. This trade lasts 38 days, giving it an annualized return rate of 45.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on C.H. Robinson Ww has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CHRW stock at $115.03 per share and sell one contract of the C.H. Robinson Ww September 16, 2022 115 call for $2.54 for a net debit of $112.50 per share. This trade lasts 17 days, giving it an annualized return rate of 45.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Extreme Networks has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of EXTR stock at $15.35 per share and sell one contract of the Extreme Networks October 21, 2022 15 call for $1.26 for a net debit of $14.08 per share. This trade lasts 52 days, giving it an annualized return rate of 44.7%. 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. 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STOCKS ON THE MOVE McCormick & Company, Incorporated (MKC), Norwegian Cruise Line Holdings Ltd (NCLH) and Royal Caribbean Cruises Ltd (RCL) are moving higher this morning, while CF Industries Holdings, Inc. (CF), Schlumberger NV (SLB) and Marathon Oil Corporation (MRO) are headed lower. Gap Inc (GPS), Sealed Air Corp (SEE) and Pinduoduo Inc - ADR (PDD) were upgraded by analysts this morning, while Minerals Technologies Inc (MTX), Obseva SA (OBSV) and Molecular Partners AG (MOLN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 2.7%, the Nikkei 225 is up 1.14%, the Australia ASX All Ordinaries is up 0.51% the Hang Seng is down -0.37% and the Shanghai SE Composite Index is down -0.42%. In Europe stocks are up. The DAX is up 1.92%, the Euro Stoxx 50 is up 1.48%, the CAC 40 is up 1.14% and the FTSE 100 is up 0.1%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -2.79 at 94.22 per barrel. Brent crude is down -3.68 at 101.41 per barrel. Natural Gas is down -0.15 at 9.18. Precious metals are down this morning. Gold is down -5.36 at 1731.73 per ounce. Platinum is down -6.19 at 961.04 while silver is down -0.11 at 18.56. 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 up 3% to $20,418.56 while Ethereum is up 9.56% to $1,587.10. Equity PUT/CALL RATIO Yesterday, 1,503,041 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,422,418 put contracts. The single-session put/call ratio was 0.95. TODAY'S ECONOMIC CALENDAR FHFA Housing Price Index Jun 09:00 ET S&P Case-Shiller Home Price Index Jun 09:00 ET Consumer Confidence Aug 10:00 ET EARNINGS EXPECTED TODAY: AMBA, AMRK, AMWD, BBY, BIDU, BIG, BMO, CONN, FUTU, HPE, IMAB, IQ, NAT, OPRA, PLAB, REX, YTRA, ZH |
