MORNING UPDATE: PriceWatch Alerts for NOG and More... for 2022-06-16 |
| PriceWatch Alerts for NOG, vetx, BP, MCK, MET, ABC, FANG, ERF, TALO, and DK. Today's optimal covered call on Northern Oil and Gas has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of NOG stock at $34.31 per share and sell one contract of the Northern Oil and Gas July 15, 2022 34 call for $2.38 for a net debit of $31.92 per share. This trade lasts 29 days, giving it an annualized return rate of 79.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Vertex Pharmaceutic has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of VRTX stock at $253.51 per share and sell one contract of the Vertex Pharmaceutic June 24, 2022 252.5 call for $5.62 for a net debit of $247.89 per share. This trade lasts 8 days, giving it an annualized return rate of 75.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on BP Plc ADR has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of BP stock at $31.02 per share and sell one contract of the BP Plc ADR July 01, 2022 31 call for $1.00 for a net debit of $30.02 per share. This trade lasts 15 days, giving it an annualized return rate of 74.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Mckesson Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MCK stock at $307.68 per share and sell one contract of the Mckesson Corp June 24, 2022 307.5 call for $5.56 for a net debit of $302.12 per share. This trade lasts 8 days, giving it an annualized return rate of 72.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Metlife Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MET stock at $62.31 per share and sell one contract of the Metlife Inc June 24, 2022 62 call for $1.38 for a net debit of $60.93 per share. This trade lasts 8 days, giving it an annualized return rate of 71.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Amerisourcebergen Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of ABC stock at $142.31 per share and sell one contract of the Amerisourcebergen Corp June 24, 2022 142 call for $2.75 for a net debit of $139.56 per share. This trade lasts 8 days, giving it an annualized return rate of 70.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Diamondback Energy has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of FANG stock at $146.76 per share and sell one contract of the Diamondback Energy July 15, 2022 145 call for $9.67 for a net debit of $137.09 per share. This trade lasts 29 days, giving it an annualized return rate of 70.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Enerplus Corp has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of ERF stock at $16.50 per share and sell one contract of the Enerplus Corp July 15, 2022 16 call for $1.31 for a net debit of $15.19 per share. This trade lasts 29 days, giving it an annualized return rate of 64.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Talos Energy Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of TALO stock at $21.17 per share and sell one contract of the Talos Energy Inc July 15, 2022 20 call for $2.15 for a net debit of $19.02 per share. This trade lasts 29 days, giving it an annualized return rate of 62.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Delek US Holdings has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of DK stock at $31.59 per share and sell one contract of the Delek US Holdings July 15, 2022 30 call for $3.03 for a net debit of $28.56 per share. This trade lasts 29 days, giving it an annualized return rate of 61.3% 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 Charles River Laboratories Intl. Inc (CRL), Twitter Inc (TWTR) and Kroger Co (KR) are moving higher this morning, while Norwegian Cruise Line Holdings Ltd (NCLH), Carnival Corp (CCL) and Freeport-McMoRan Inc (FCX) are headed lower. ACADIA Pharmaceuticals Inc. (ACAD), Republic Services, Inc. (RSG) and Dollar General Corp. (DG) were upgraded by analysts this morning, while DuPont de Nemours Inc (DD), China Eastern Airlines Corp. Ltd. (CEA) and China Southern Airlines Co Ltd (ZNH) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -2.17%, the Mumbai Sensex is down -1.99%, the Shanghai SE Composite Index is down -0.61% the Australia ASX All Ordinaries is down -0.03% and the Nikkei 225 is up 0.4%.Stocks in Europe are down. The DAX is down -2.86%, the Euro Stoxx 50 is down -2.6%, the FTSE 100 is down -2.54% and the CAC 40 is down -2.2%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -2.19 at 113.12 per barrel. Brent crude is down -2.34 at 116.17 per barrel. Natural Gas is up 0.43 at 7.85. Precious metals are down this morning. Gold is down -14.56 at 1819.26 per ounce. Platinum is down -10.78 at 932.38 while silver is down -0.06 at 21.45. 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 up 0.08% to $21,121.14 while Ethereum is up 0.2% to $1,115.16. Equity PUT/CALL RATIO Yesterday, 1,042,470 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 730,735 put contracts. The single-session put/call ratio was 0.7. TODAY'S ECONOMIC CALENDAR Building Permits May 08:30 ET Housing Starts May 08:30 ET Initial Claims 06/11 08:30 ET EARNINGS EXPECTED TODAY: ADBE, KR, JBL, CMC, YI, XAIR |
