MORNING UPDATE: PriceWatch Alerts for PXD and More... for 2022-06-14 |
| PriceWatch Alerts for PXD, AVGO, MET, CC, FANG, MCK, LPX, ABC, AIG, and VRTX. Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of PXD stock at $261.37 per share and sell one contract of the Pioneer Natural Resources Compan July 01, 2022 262.5 call for $10.03 for a net debit of $251.34 per share. This trade lasts 17 days, giving it an annualized return rate of 90.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Broadcom Ltd has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of AVGO stock at $517.62 per share and sell one contract of the Broadcom Ltd June 24, 2022 515 call for $16.03 for a net debit of $501.59 per share. This trade lasts 10 days, giving it an annualized return rate of 88.7% 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 2.7%. To enter this trade, buy 100 shares of MET stock at $61.04 per share and sell one contract of the Metlife Inc June 24, 2022 61 call for $1.62 for a net debit of $59.42 per share. This trade lasts 10 days, giving it an annualized return rate of 88.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Chemours Company has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of CC stock at $38.48 per share and sell one contract of the Chemours Company June 24, 2022 38 call for $1.44 for a net debit of $37.03 per share. This trade lasts 10 days, giving it an annualized return rate of 86.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Diamondback Energy has an assigned return rate of 6.9%. To enter this trade, buy 100 shares of FANG stock at $147.80 per share and sell one contract of the Diamondback Energy July 15, 2022 147.65 call for $9.67 for a net debit of $138.13 per share. This trade lasts 31 days, giving it an annualized return rate of 78.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Mckesson Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MCK stock at $306.99 per share and sell one contract of the Mckesson Corp June 24, 2022 307.5 call for $6.38 for a net debit of $300.61 per share. This trade lasts 10 days, giving it an annualized return rate of 76.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Louisiana-Pacific Corp has an assigned return rate of 6.4%. To enter this trade, buy 100 shares of LPX stock at $60.51 per share and sell one contract of the Louisiana-Pacific Corp July 15, 2022 60 call for $4.14 for a net debit of $56.37 per share. This trade lasts 31 days, giving it an annualized return rate of 73.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Amerisourcebergen Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of ABC stock at $141.52 per share and sell one contract of the Amerisourcebergen Corp June 24, 2022 141 call for $3.56 for a net debit of $137.96 per share. This trade lasts 10 days, giving it an annualized return rate of 73.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on American International Group has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of AIG stock at $51.63 per share and sell one contract of the American International Group June 24, 2022 51 call for $1.72 for a net debit of $49.91 per share. This trade lasts 10 days, giving it an annualized return rate of 72.8% 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 2.2%. To enter this trade, buy 100 shares of VRTX stock at $245.39 per share and sell one contract of the Vertex Pharmaceutic June 24, 2022 245 call for $5.64 for a net debit of $239.75 per share. This trade lasts 10 days, giving it an annualized return rate of 72.7% 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)! 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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 Oracle Corporation (ORCL), VF Corp (VFC) and Twitter Inc (TWTR) are moving higher this morning, while Cummins Inc. (CMI), Iron Mountain Inc (IRM) and Best Buy Co Inc (BBY) are headed lower. Tractor Supply Co (TSCO), US Silica Holdings Inc (SLCA) and PBF Energy Inc (PBF) were upgraded by analysts this morning, while Best Buy Co Inc (BBY), AstraZeneca plc (AZN) and Flagstar Bancorp Inc (FBC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.02%, the Hang Seng is flat 0%, the Mumbai Sensex is down -0.29% the Nikkei 225 is down -1.33% and the Australia ASX All Ordinaries is down -3.69%. Stocks in Europe are down. The CAC 40 is down -1.16%, the DAX is down -0.79%, the FTSE 100 is down -0.76% and the Euro Stoxx 50 is down -0.73%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.57 at 121.5 per barrel. Brent crude is up 0.92 at 123.19 per barrel. Natural Gas is up 0.13 at 8.74. Precious metals are down this morning. Gold is down -0.71 at 1818.55 per ounce. Platinum is down -2.12 at 933.2 while silver is down -0.21 at 21.05. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Bitcoin is down -7.34% to $21,999.14 while Ethereum is down -2.18% to $1,172.11. Equity PUT/CALL RATIO Yesterday, 1,288,838 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,079,557 put contracts. The single-session put/call ratio was 0.84. TODAY'S ECONOMIC CALENDAR Core PPI May 08:30 ET PPI May 08:30 ET EARNINGS EXPECTED TODAY: CNM, RNW, CXM, TUYA, PL, LICY, ASTL, MPAA, IRNT, HITI, RFIL |
