MORNING UPDATE: PriceWatch Alerts for ADM and More... for 2022-08-22 |
PriceWatch Alerts for ADM, STLD, TMO, AAPL, CPG, UNH, MAT, ADP, LMT, and LBRT. Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ADM stock at $87.23 per share and sell one contract of the Archer Daniels Midland September 02, 2022 87 call for $1.76 for a net debit of $85.46 per share. This trade lasts 11 days, giving it an annualized return rate of 46.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of STLD stock at $81.80 per share and sell one contract of the Steel Dynamics Inc September 16, 2022 80 call for $4.54 for a net debit of $77.26 per share. This trade lasts 25 days, giving it an annualized return rate of 46.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Thermo Fisher Scientific Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of TMO stock at $588.55 per share and sell one contract of the Thermo Fisher Scientific Inc September 02, 2022 587.5 call for $10.82 for a net debit of $577.73 per share. This trade lasts 11 days, giving it an annualized return rate of 44.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Apple Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of AAPL stock at $171.52 per share and sell one contract of the Apple Inc September 02, 2022 170 call for $4.26 for a net debit of $167.26 per share. This trade lasts 11 days, giving it an annualized return rate of 42.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Crescent Pt Energy has an assigned return rate of 17.8%. To enter this trade, buy 100 shares of CPG stock at $7.63 per share and sell one contract of the Crescent Pt Energy January 20, 2023 7.5 call for $1.26 for a net debit of $6.36 per share. This trade lasts 151 days, giving it an annualized return rate of 42.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of UNH stock at $548.32 per share and sell one contract of the Unitedhealth Group Inc September 02, 2022 547.5 call for $9.34 for a net debit of $538.98 per share. This trade lasts 11 days, giving it an annualized return rate of 41.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Mattel Inc has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of MAT stock at $24.21 per share and sell one contract of the Mattel Inc September 23, 2022 24 call for $1.12 for a net debit of $23.10 per share. This trade lasts 32 days, giving it an annualized return rate of 40.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Automatic Data Procs has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of ADP stock at $259.82 per share and sell one contract of the Automatic Data Procs September 02, 2022 260 call for $3.68 for a net debit of $256.14 per share. This trade lasts 11 days, giving it an annualized return rate of 39.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lockheed Martin Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of LMT stock at $440.03 per share and sell one contract of the Lockheed Martin Corp September 02, 2022 440 call for $6.46 for a net debit of $433.57 per share. This trade lasts 11 days, giving it an annualized return rate of 38.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Liberty Energy Inc has an assigned return rate of 21.2%. To enter this trade, buy 100 shares of LBRT stock at $14.51 per share and sell one contract of the Liberty Energy Inc March 17, 2023 14 call for $2.96 for a net debit of $11.55 per share. This trade lasts 207 days, giving it an annualized return rate of 36.9%. 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 Coterra Energy Inc (CTRA), Halliburton Company (HAL) and Schlumberger NV (SLB) are moving higher this morning, while Paycom Software Inc (PAYC), Norwegian Cruise Line Holdings Ltd (NCLH) and Carnival Corp (CCL) are headed lower. Vipshop Holdings Ltd - ADR (VIPS), Elevance Health Inc (ELV) and Foot Locker, Inc. (FL) were upgraded by analysts this morning, while VF Corp (VFC), United Parcel Service, Inc. (UPS) and Saia Inc (SAIA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.61%, the Nikkei 225 is down -0.47%, the Hang Seng is down -0.59% the Australia ASX All Ordinaries is down -0.97% and the Mumbai Sensex is down -1.46%. Stocks in Europe are down. The DAX is down -1.9%, the Euro Stoxx 50 is down -1.61%, the CAC 40 is down -1.42% and the FTSE 100 is down -0.25%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.02 at 90.79 per barrel. Brent crude is down -0.06 at 96.66 per barrel. Natural Gas is up 0.45 at 9.78. Precious metals are down this morning. Gold is down -14.487 at 1732.58 per ounce. Platinum is down -18.66 at 880.55 while silver is down -0.28 at 18.9. 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 -1.2% to $21,260.94 while Ethereum is down -3.54% to $1,569.58. Equity PUT/CALL RATIO Yesterday, 1,414,440 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,339,353 put contracts. The single-session put/call ratio was 0.95. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: AFYA, ALLG, DADA, DLO, FINV, FLXS, MIGI, NAAS, NDSN, NOAH, PANW, VIOT, ZM |