MORNING UPDATE: PriceWatch Alerts for IWB and More... for 2022-07-07 |
| PriceWatch Alerts for IWB, BMY, HSY, DIA, IJH, VIG, EWW, IWD, IJR, and XHB. Today's optimal covered call on Russell 1000 Ishares ETF has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of IWB stock at $211.23 per share and sell one contract of the Russell 1000 Ishares ETF July 15, 2022 210 call for $4.06 for a net debit of $207.17 per share. This trade lasts 8 days, giving it an annualized return rate of 55.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Bristol-Myers Squibb Company has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of BMY stock at $76.22 per share and sell one contract of the Bristol-Myers Squibb Company July 15, 2022 76 call for $1.17 for a net debit of $75.05 per share. This trade lasts 8 days, giving it an annualized return rate of 51.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Hershey Foods Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of HSY stock at $220.64 per share and sell one contract of the Hershey Foods Corp July 15, 2022 220 call for $3.35 for a net debit of $217.29 per share. This trade lasts 8 days, giving it an annualized return rate of 50.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dow Industrials SPDR has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of DIA stock at $310.41 per share and sell one contract of the Dow Industrials SPDR July 15, 2022 309 call for $5.21 for a net debit of $305.20 per share. This trade lasts 8 days, giving it an annualized return rate of 50.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on S&P Mid-Cap 400 Ishares Core ETF has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of IJH stock at $227.38 per share and sell one contract of the S&P Mid-Cap 400 Ishares Core ETF July 15, 2022 225 call for $5.04 for a net debit of $222.34 per share. This trade lasts 8 days, giving it an annualized return rate of 48.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dividend Appreciation ETF Vangua has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of VIG stock at $144.86 per share and sell one contract of the Dividend Appreciation ETF Vangua July 15, 2022 144 call for $2.49 for a net debit of $142.37 per share. This trade lasts 8 days, giving it an annualized return rate of 46.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Mexico Ishares MSCI ETF has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of EWW stock at $45.66 per share and sell one contract of the Mexico Ishares MSCI ETF July 22, 2022 45.5 call for $1.06 for a net debit of $44.60 per share. This trade lasts 15 days, giving it an annualized return rate of 46.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Russell 1000 Value Ishares ETF has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of IWD stock at $145.79 per share and sell one contract of the Russell 1000 Value Ishares ETF July 15, 2022 145 call for $2.42 for a net debit of $143.36 per share. This trade lasts 8 days, giving it an annualized return rate of 46.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on S&P Small-Cap Ishares Core ETF has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of IJR stock at $92.30 per share and sell one contract of the S&P Small-Cap Ishares Core ETF July 15, 2022 91 call for $2.28 for a net debit of $90.02 per share. This trade lasts 8 days, giving it an annualized return rate of 43.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on S&P Homebuilders SPDR has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of XHB stock at $57.58 per share and sell one contract of the S&P Homebuilders SPDR July 22, 2022 57 call for $1.65 for a net debit of $55.93 per share. This trade lasts 15 days, giving it an annualized return rate of 43.6% 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 Freeport-McMoRan Inc (FCX), Cummins Inc. (CMI) and Caterpillar Inc. (CAT) are moving higher this morning, while Merck & Co., Inc. (MRK), Kellogg Company (K) and Verizon Communications Inc. (VZ) are headed lower. Whitestone REIT (WSR), Tenaris SA (TS) and Skyline Champion Corp (SKY) were upgraded by analysts this morning, while VTEX (VTEX), Sealed Air Corp (SEE) and Boston Beer Company Inc (SAM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 1.47%, the Mumbai Sensex is up 0.8%, the Australia ASX All Ordinaries is up 0.78% the Shanghai SE Composite Index is up 0.27% and the Hang Seng is up 0.26%. In Europe stocks are up. The DAX is up 1.63%, the Euro Stoxx 50 is up 1.6%, the CAC 40 is up 1.51% and the FTSE 100 is up 1.27%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.99 at 99.52 per barrel. Brent crude is up 1 at 101.69 per barrel. Natural Gas is up 0.1 at 5.61. Precious metals are up this morning. Gold is up 5.14 at 1744 per ounce. Platinum is up 21.72 at 881.25 while silver is up 0.22 at 19.38. 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 2.37% to $20,460.95 while Ethereum is up 4.97% to $1,183.37. Equity PUT/CALL RATIO Yesterday, 1,336,552 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,128,689 put contracts. The single-session put/call ratio was 0.84. TODAY'S ECONOMIC CALENDAR ADP Employment Change June 8:15 Initial Claims 07/02 8:30 Continuing Claims 6/26 8:30AM EARNINGS EXPECTED TODAY: HELE, LEVI, WDFC |
