MORNING UPDATE: PriceWatch Alerts for MMP and More... for 2022-08-08 |
| PriceWatch Alerts for MMP, CVX, AAPL, ACHC, NEE, TMO, LBRT, LKQ, LMT, and ADM. Today's optimal covered call on Magellan Midstream Partners LP has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of MMP stock at $49.94 per share and sell one contract of the Magellan Midstream Partners LP August 19, 2022 50 call for $0.87 for a net debit of $49.07 per share. This trade lasts 11 days, giving it an annualized return rate of 49.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of CVX stock at $153.64 per share and sell one contract of the Chevron Corp August 19, 2022 152.5 call for $3.97 for a net debit of $149.67 per share. This trade lasts 11 days, giving it an annualized return rate of 49.3% 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 1.8%. To enter this trade, buy 100 shares of AAPL stock at $165.35 per share and sell one contract of the Apple Inc August 19, 2022 165 call for $3.31 for a net debit of $162.04 per share. This trade lasts 11 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Acadia Healthcr Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ACHC stock at $81.37 per share and sell one contract of the Acadia Healthcr Company August 19, 2022 80 call for $2.80 for a net debit of $78.57 per share. This trade lasts 11 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Nextera Energy has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NEE stock at $87.98 per share and sell one contract of the Nextera Energy August 19, 2022 87.5 call for $2.02 for a net debit of $85.96 per share. This trade lasts 11 days, giving it an annualized return rate of 46.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Thermo Fisher Scientific Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of TMO stock at $590.26 per share and sell one contract of the Thermo Fisher Scientific Inc August 19, 2022 590 call for $10.59 for a net debit of $579.67 per share. This trade lasts 11 days, giving it an annualized return rate of 46.5% 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 16.8%. To enter this trade, buy 100 shares of LBRT stock at $13.07 per share and sell one contract of the Liberty Energy Inc December 16, 2022 13 call for $1.94 for a net debit of $11.13 per share. This trade lasts 130 days, giving it an annualized return rate of 46.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on LKQ Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of LKQ stock at $55.08 per share and sell one contract of the LKQ Corp August 19, 2022 55 call for $1.02 for a net debit of $54.06 per share. This trade lasts 11 days, giving it an annualized return rate of 45.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Lockheed Martin Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of LMT stock at $426.41 per share and sell one contract of the Lockheed Martin Corp August 19, 2022 425 call for $8.66 for a net debit of $417.75 per share. This trade lasts 11 days, giving it an annualized return rate of 45.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Archer Daniels Midland has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of ADM stock at $82.76 per share and sell one contract of the Archer Daniels Midland August 19, 2022 82.5 call for $1.66 for a net debit of $81.10 per share. This trade lasts 11 days, giving it an annualized return rate of 45.2% The risk assessment of this trade is 4 keys, (Low 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 Norwegian Cruise Line Holdings Ltd (NCLH), Albemarle Corporation (ALB) and Carnival Corp (CCL) are moving higher this morning, while Tyson Foods, Inc. (TSN), D R Horton Inc (DHI) and Eastman Chemical Company (EMN) are headed lower. TPI Composites Inc (TPIC), Corteva Inc (CTVA) and First Solar, Inc. (FSLR) were upgraded by analysts this morning, while AKA Brands Holding Corp (AKA), Coinbase Global Inc (COIN) and Itron Inc (ITRI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.8%, the Shanghai SE Composite Index is up 0.31%, the Nikkei 225 is up 0.26% the Australia ASX All Ordinaries is up 0.13% and the Hang Seng is down -0.77%. In Europe stocks are up. The Euro Stoxx 50 is up 0.96%, the CAC 40 is up 0.93%, the DAX is up 0.73% and the FTSE 100 is up 0.55%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.86 at 88.15 per barrel. Brent crude is down -0.99 at 93.93 per barrel. Natural Gas is down -0.28 at 7.79. Precious metals are up this morning. Gold is up 9.39 at 1784.89 per ounce. Platinum is up 7.81 at 944.07 while silver is up 0.38 at 20.22. 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 4.66% to $24,170.77 while Ethereum is up 5.64% to $1,794.08. Equity PUT/CALL RATIO Yesterday, 1,516,641 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,182,895 put contracts. The single-session put/call ratio was 0.78. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: ANIP, APRN, BNTX, CLVS, DINO, ELAN, ENR, FREY, GOLD, HE, HEP, III, KOS, RDWR, SFTBY, SOHU, THS, VTRS |
