MORNING UPDATE: PriceWatch Alerts for AN and More... for 2022-05-25 |
| PriceWatch Alerts for AN, CC, ALB, LPX, XOM, CNC, AIG, CHK, LLY, and BP. Today's optimal covered call on Autonation Inc has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of AN stock at $110.20 per share and sell one contract of the Autonation Inc June 17, 2022 110 call for $5.44 for a net debit of $104.76 per share. This trade lasts 23 days, giving it an annualized return rate of 76.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Chemours Company has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of CC stock at $40.84 per share and sell one contract of the Chemours Company June 17, 2022 41 call for $1.78 for a net debit of $39.06 per share. This trade lasts 23 days, giving it an annualized return rate of 75.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Albemarle Corp has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of ALB stock at $243.15 per share and sell one contract of the Albemarle Corp June 17, 2022 240 call for $14.31 for a net debit of $228.84 per share. This trade lasts 23 days, giving it an annualized return rate of 74.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Louisiana-Pacific Corp has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of LPX stock at $63.56 per share and sell one contract of the Louisiana-Pacific Corp June 17, 2022 62.5 call for $3.93 for a net debit of $59.63 per share. This trade lasts 23 days, giving it an annualized return rate of 73.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of XOM stock at $94.40 per share and sell one contract of the Exxon Mobil Corp June 03, 2022 94 call for $2.25 for a net debit of $92.15 per share. This trade lasts 9 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 Centene Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of CNC stock at $87.21 per share and sell one contract of the Centene Corp June 03, 2022 87 call for $1.88 for a net debit of $85.33 per share. This trade lasts 9 days, giving it an annualized return rate of 71.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on American International Group has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of AIG stock at $56.51 per share and sell one contract of the American International Group June 03, 2022 56 call for $1.57 for a net debit of $54.94 per share. This trade lasts 9 days, giving it an annualized return rate of 70.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Chesapeake Energy Corp has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of CHK stock at $97.87 per share and sell one contract of the Chesapeake Energy Corp June 17, 2022 95 call for $7.07 for a net debit of $90.80 per share. This trade lasts 23 days, giving it an annualized return rate of 70.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of LLY stock at $305.96 per share and sell one contract of the Eli Lilly and Company June 03, 2022 305 call for $6.40 for a net debit of $299.56 per share. This trade lasts 9 days, giving it an annualized return rate of 66.2% 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 3.1%. To enter this trade, buy 100 shares of BP stock at $32.08 per share and sell one contract of the BP Plc ADR June 10, 2022 32 call for $1.04 for a net debit of $31.04 per share. This trade lasts 16 days, giving it an annualized return rate of 66.2% 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)! 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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 International Paper Co (IP), Occidental Petroleum Corporation (OXY) and Bank of New York Mellon Corp (BK) are moving higher this morning, while Best Buy Co Inc (BBY), Freeport-McMoRan Inc (FCX) and Linde PLC (LIN) are headed lower. Univar Solutions Inc (UNVR), Sabra Health Care REIT Inc (SBRA) and Molecular Partners AG (MOLN) were upgraded by analysts this morning, while Verrica Pharmaceuticals Inc (VRCA), Wipro Limited (WIT) and 2U Inc (TWOU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.19%, the Hang Seng is up 0.29%, the Australia ASX All Ordinaries is up 0.25% the Nikkei 225 is down -0.26% and the Mumbai Sensex is down -0.56%. In Europe stocks are mixed. The FTSE 100 is up 0.2%, the CAC 40 is down -0.23%, the Euro Stoxx 50 is down -0.25% and the DAX is down -0.26%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.31 at 111.08 per barrel. Brent crude is up 1.16 at 114.72 per barrel. Natural Gas is up 0.08 at 8.88. Precious metals are down this morning. Gold is down -10.7 at 1855.75 per ounce. Platinum is down -9.59 at 947.26 while silver is down -0.33 at 21.73. 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 up 0.55% to $29,449.79 while Ethereum is down -1.18% to $1,945.25. Equity PUT/CALL RATIO Yesterday, 1,027,187 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 786,146 put contracts. The single-session put/call ratio was 0.77. TODAY'S ECONOMIC CALENDAR Durable Orders, Ex-Transportation Apr 08:30 ET EIA Crude Oil Inventories 05/21 10:30 ET FOMC Minutes May 14:00 ET EARNINGS EXPECTED TODAY: NVDA, BNS, BMO, AMKBY, OLCLY, SNOW, ISNPY, STLA |
