MORNING UPDATE: PriceWatch Alerts for SPY and More... for 2022-06-28 |
| PriceWatch Alerts for SPY, IYR, FDN, GDX, EWY, EZA, DG, MCHI, IWF, and XLK. Today's optimal covered call on S&P 500 SPDR has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of SPY stock at $388.59 per share and sell one contract of the S&P 500 SPDR July 05, 2022 387 call for $6.29 for a net debit of $382.30 per share. This trade lasts 7 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 US Real Estate Ishares ETF has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of IYR stock at $93.83 per share and sell one contract of the US Real Estate Ishares ETF July 08, 2022 93.5 call for $1.81 for a net debit of $92.02 per share. This trade lasts 10 days, giving it an annualized return rate of 53.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on DJ Internet Index First Trust has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of FDN stock at $136.04 per share and sell one contract of the DJ Internet Index First Trust July 15, 2022 133 call for $6.43 for a net debit of $129.61 per share. This trade lasts 17 days, giving it an annualized return rate of 53.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Vaneck Gold Miners ETF has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of GDX stock at $29.47 per share and sell one contract of the Vaneck Gold Miners ETF July 22, 2022 29 call for $1.44 for a net debit of $28.03 per share. This trade lasts 24 days, giving it an annualized return rate of 50.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on South Korea Ishares MSCI ETF has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of EWY stock at $59.50 per share and sell one contract of the South Korea Ishares MSCI ETF July 08, 2022 59 call for $1.37 for a net debit of $58.13 per share. This trade lasts 10 days, giving it an annualized return rate of 49.7% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of EZA stock at $44.53 per share and sell one contract of the South Africa Ishares MSCI ETF July 15, 2022 44 call for $1.55 for a net debit of $42.98 per share. This trade lasts 17 days, giving it an annualized return rate of 48.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dollar General Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of DG stock at $246.76 per share and sell one contract of the Dollar General Corp July 08, 2022 245 call for $5.23 for a net debit of $241.53 per share. This trade lasts 10 days, giving it an annualized return rate of 47.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on China Ishares MSCI ETF has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MCHI stock at $55.96 per share and sell one contract of the China Ishares MSCI ETF July 15, 2022 54.82 call for $2.37 for a net debit of $53.59 per share. This trade lasts 17 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 Russell 1000 Growth Ishares ETF has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of IWF stock at $227.54 per share and sell one contract of the Russell 1000 Growth Ishares ETF July 15, 2022 225 call for $7.55 for a net debit of $219.99 per share. This trade lasts 17 days, giving it an annualized return rate of 46.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P 500 Technology Sector SPDR has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of XLK stock at $132.55 per share and sell one contract of the S&P 500 Technology Sector SPDR July 08, 2022 131.5 call for $2.80 for a net debit of $129.76 per share. This trade lasts 10 days, giving it an annualized return rate of 44.6% The risk assessment of this trade is 5 keys, (The Lowest 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 Las Vegas Sands Corp. (LVS), Occidental Petroleum Corporation (OXY) and Marathon Oil Corporation (MRO) are moving higher this morning, while Nike Inc (NKE), VF Corp (VFC) and Kimberly Clark Corp (KMB) are headed lower. Molson Coors Beverage Co Class B (TAP), Snowflake Inc (SNOW) and Riot Blockchain Inc (RIOT) were upgraded by analysts this morning, while State Street Corp (STT), Shenandoah Telecommunications Co (SHEN) and Boston Beer Company Inc (SAM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Shanghai SE Composite Index is up 0.89%, the Australia ASX All Ordinaries is up 0.87%, the Hang Seng is up 0.85% the Nikkei 225 is up 0.66% and the Mumbai Sensex is up 0.03%. In Europe stocks are up. The CAC 40 is up 1.31%, the FTSE 100 is up 1.3%, the Euro Stoxx 50 is up 1% and the DAX is up 0.92%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.63 at 111.2 per barrel. Brent crude is up 1.91 at 117 per barrel. Natural Gas is up 0.07 at 6.57. Precious metals are up this morning. Gold is up 0.58 at 1823.43 per ounce. Platinum is up 8.8 at 920.2 while silver is up 0.04 at 21.23. 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 -1.47% to $20,996.52 while Ethereum is up 0.11% to $1,221.86. Equity PUT/CALL RATIO Yesterday, 1,331,419 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 978,935 put contracts. The single-session put/call ratio was 0.74. TODAY'S ECONOMIC CALENDAR Consumer Confidence Jun 10:00 ET EARNINGS EXPECTED TODAY: SNX, ROIV, PRGS, AVAV, EPAC, CGNT, XAIR |
