MORNING UPDATE: PriceWatch Alerts for MAR and More... for 2022-06-07 |
| PriceWatch Alerts for MAR, LPX, EOG, MPC, PXD, SU, ALB, AVGO, PWR, and ABC. Today's optimal covered call on Marriot Int Cl A has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of MAR stock at $177.61 per share and sell one contract of the Marriot Int Cl A June 17, 2022 177.5 call for $4.55 for a net debit of $173.06 per share. This trade lasts 10 days, giving it an annualized return rate of 85.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Louisiana-Pacific Corp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of LPX stock at $74.20 per share and sell one contract of the Louisiana-Pacific Corp June 17, 2022 72.5 call for $3.44 for a net debit of $70.76 per share. This trade lasts 10 days, giving it an annualized return rate of 81.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Eog Resources has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of EOG stock at $141.11 per share and sell one contract of the Eog Resources June 17, 2022 140 call for $4.45 for a net debit of $136.66 per share. This trade lasts 10 days, giving it an annualized return rate of 81.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Marathon Petroleum Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of MPC stock at $109.39 per share and sell one contract of the Marathon Petroleum Corp June 17, 2022 109 call for $2.99 for a net debit of $106.40 per share. This trade lasts 10 days, giving it an annualized return rate of 81.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of PXD stock at $278.74 per share and sell one contract of the Pioneer Natural Resources Compan June 17, 2022 277.5 call for $7.73 for a net debit of $271.01 per share. This trade lasts 10 days, giving it an annualized return rate of 79.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Suncor Energy Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of SU stock at $41.31 per share and sell one contract of the Suncor Energy Inc June 17, 2022 41 call for $1.26 for a net debit of $40.05 per share. This trade lasts 10 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 Albemarle Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of ALB stock at $257.79 per share and sell one contract of the Albemarle Corp June 17, 2022 250 call for $13.60 for a net debit of $244.19 per share. This trade lasts 10 days, giving it an annualized return rate of 78.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Broadcom Ltd has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of AVGO stock at $561.23 per share and sell one contract of the Broadcom Ltd June 17, 2022 560 call for $13.82 for a net debit of $547.41 per share. This trade lasts 10 days, giving it an annualized return rate of 76.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Quanta Services has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PWR stock at $131.40 per share and sell one contract of the Quanta Services June 17, 2022 130 call for $4.17 for a net debit of $127.23 per share. This trade lasts 10 days, giving it an annualized return rate of 72.2% 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 2.1%. To enter this trade, buy 100 shares of ABC stock at $146.89 per share and sell one contract of the Amerisourcebergen Corp June 17, 2022 147 call for $2.96 for a net debit of $143.93 per share. This trade lasts 10 days, giving it an annualized return rate of 70.8% 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 McKesson Corporation (MCK), AmerisourceBergen Corp. (ABC) and Tyler Technologies, Inc. (TYL) are moving higher this morning, while Target Corporation (TGT), Dollar General Corp. (DG) and Walmart Inc (WMT) are headed lower. XP Inc (XP), Exxon Mobil Corp (XOM) and McKesson Corporation (MCK) were upgraded by analysts this morning, while Booz Allen Hamilton Holding Corporation (BAH), Devon Energy Corp (DVN) and Occidental Petroleum Corporation (OXY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.17%, the Nikkei 225 is up 0.1%, the Hang Seng is down -0.56% the Mumbai Sensex is down -1.02% and the Australia ASX All Ordinaries is down -1.54%. Stocks in Europe are down. The DAX is down -1.12%, the Euro Stoxx 50 is down -1.07%, the CAC 40 is down -0.99% and the FTSE 100 is down -0.21%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.25 at 118.25 per barrel. Brent crude is down -0.37 at 119.14 per barrel. Natural Gas is up 0.15 at 9.47. Precious metals are mixed this morning. Gold is up 7.55 at 1848.98 per ounce. Platinum is down -7.37 at 1014.94 while silver is down -0.06 at 22.04. 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 -6.06% to $29,509.95 while Ethereum is down -8.13% to $1,753.92. Equity PUT/CALL RATIO Yesterday, 1,134,114 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 680,503 put contracts. The single-session put/call ratio was 0.6. TODAY'S ECONOMIC CALENDAR Trade Balance Apr 08:30 ET Consumer Credit Apr 15:00 ET EARNINGS EXPECTED TODAY: DKILY, DSDVY, SONVY, PDYPY, SAUHF, NRILY |
