MORNING UPDATE: PriceWatch Alerts for NOV and More... for 2022-08-15 |
| PriceWatch Alerts for NOV, CNC, ADM, GD, AAPL, CVE, STZ, PEP, CDNS, and STLD. Today's optimal covered call on Nov Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of NOV stock at $18.62 per share and sell one contract of the Nov Inc September 30, 2022 18 call for $1.51 for a net debit of $17.11 per share. This trade lasts 46 days, giving it an annualized return rate of 38.7%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Centene Corp has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of CNC stock at $96.64 per share and sell one contract of the Centene Corp September 09, 2022 97 call for $2.40 for a net debit of $94.24 per share. This trade lasts 25 days, giving it an annualized return rate of 38.1%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of ADM stock at $86.60 per share and sell one contract of the Archer Daniels Midland August 26, 2022 86 call for $1.76 for a net debit of $84.84 per share. This trade lasts 11 days, giving it an annualized return rate of 35.8%. The risk assessment of this trade is 4 keys, (Low relative risk)."" Today's optimal covered call on General Dynamics Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of GD stock at $237.95 per share and sell one contract of the General Dynamics Corp August 26, 2022 237.5 call for $3.65 for a net debit of $234.30 per share. This trade lasts 11 days, giving it an annualized return rate of 35.6%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Apple Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of AAPL stock at $172.10 per share and sell one contract of the Apple Inc August 26, 2022 170 call for $4.31 for a net debit of $167.80 per share. This trade lasts 11 days, giving it an annualized return rate of 34.3%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Cenovus Energy Inc has an assigned return rate of 11.7%. To enter this trade, buy 100 shares of CVE stock at $18.68 per share and sell one contract of the Cenovus Energy Inc December 16, 2022 18 call for $2.57 for a net debit of $16.11 per share. This trade lasts 123 days, giving it an annualized return rate of 34.0%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Constellation Brands Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of STZ stock at $243.73 per share and sell one contract of the Constellation Brands Inc August 26, 2022 242.5 call for $4.21 for a net debit of $239.52 per share. This trade lasts 11 days, giving it an annualized return rate of 32.4%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Pepsico Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of PEP stock at $177.33 per share and sell one contract of the Pepsico Inc August 26, 2022 177.5 call for $1.96 for a net debit of $175.37 per share. This trade lasts 11 days, giving it an annualized return rate of 31.7%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cadence Design Sys has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of CDNS stock at $188.83 per share and sell one contract of the Cadence Design Sys September 16, 2022 185 call for $9.22 for a net debit of $179.61 per share. This trade lasts 32 days, giving it an annualized return rate of 31.3%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of STLD stock at $84.61 per share and sell one contract of the Steel Dynamics Inc September 16, 2022 80 call for $6.93 for a net debit of $77.68 per share. This trade lasts 32 days, giving it an annualized return rate of 31.1%. 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 Aptiv PLC (APTV), PPL Corp (PPL) and Dominion Energy Inc (D) are moving higher this morning, while Hess Corp. (HES), Schlumberger NV (SLB) and Freeport-McMoRan Inc (FCX) are headed lower. R C M Technologies Inc (RCMT), PPL Corp (PPL) and Poshmark Inc (POSH) were upgraded by analysts this morning, while American Equity Investment Life Holding (AEL), Avalara Inc (AVLR) and Truist Financial Corp (TFC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.14%, the Australia ASX All Ordinaries is up 0.49%, the Mumbai Sensex is up 0.22% the Shanghai SE Composite Index is down -0.02% and the Hang Seng is down -0.67%. Stocks in Europe are down. The FTSE 100 is down -0.27%, the DAX is down -0.2%, the CAC 40 is down -0.09% and the Euro Stoxx 50 is down -0.08%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -4.72 at 87.37 per barrel. Brent crude is down -4.95 at 93.2 per barrel. Natural Gas is down -0.14 at 8.63. Precious metals are down this morning. Gold is down -28.83 at 1773.57 per ounce. Platinum is down -30.09 at 935.24 while silver is down -0.52 at 20.33. 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 -1.8% to $24,084.25 while Ethereum is down -4.63% to $1,893.99. Equity PUT/CALL RATIO Yesterday, 1,752,185 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 878,118 put contracts. The single-session put/call ratio was 0.5. TODAY'S ECONOMIC CALENDAR NAHB Housing Market Index Aug 10:00 ET EARNINGS EXPECTED TODAY: ATAI, BCLI, BITF, CBAT, CBWTF, DOYU, DRIO, EMBC, FATH, GMDA, HENOY, LI, NIU, PLX, TWKS, UPH, YOU |
