MORNING UPDATE: PriceWatch Alerts for CC and More... for 2022-05-23 |
| PriceWatch Alerts for CC, LNTH, MAT, CVX, CVE, CNC, FANG, AIG, LPX, and SM. Today's optimal covered call on Chemours Company has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of CC stock at $40.80 per share and sell one contract of the Chemours Company June 17, 2022 41 call for $1.92 for a net debit of $38.88 per share. This trade lasts 25 days, giving it an annualized return rate of 71.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Lantheus Holdings has an assigned return rate of 5.4%. To enter this trade, buy 100 shares of LNTH stock at $62.29 per share and sell one contract of the Lantheus Holdings June 17, 2022 60 call for $5.37 for a net debit of $56.92 per share. This trade lasts 25 days, giving it an annualized return rate of 70.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Mattel Inc has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of MAT stock at $23.14 per share and sell one contract of the Mattel Inc June 10, 2022 23 call for $1.02 for a net debit of $22.12 per share. This trade lasts 18 days, giving it an annualized return rate of 69.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of CVX stock at $167.82 per share and sell one contract of the Chevron Corp June 03, 2022 167.5 call for $4.47 for a net debit of $163.34 per share. This trade lasts 11 days, giving it an annualized return rate of 66.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Cenovus Energy Inc has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of CVE stock at $21.36 per share and sell one contract of the Cenovus Energy Inc June 17, 2022 21 call for $1.36 for a net debit of $20.00 per share. This trade lasts 25 days, giving it an annualized return rate of 65.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Centene Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of CNC stock at $84.96 per share and sell one contract of the Centene Corp June 03, 2022 85 call for $1.98 for a net debit of $82.98 per share. This trade lasts 11 days, giving it an annualized return rate of 63.6% 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 4.9%. To enter this trade, buy 100 shares of FANG stock at $130.28 per share and sell one contract of the Diamondback Energy June 17, 2022 127.65 call for $8.56 for a net debit of $121.72 per share. This trade lasts 25 days, giving it an annualized return rate of 63.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on American International Group has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of AIG stock at $55.62 per share and sell one contract of the American International Group June 03, 2022 55 call for $1.92 for a net debit of $53.70 per share. This trade lasts 11 days, giving it an annualized return rate of 63.4% 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 4.8%. To enter this trade, buy 100 shares of LPX stock at $63.90 per share and sell one contract of the Louisiana-Pacific Corp June 17, 2022 62.5 call for $4.25 for a net debit of $59.65 per share. This trade lasts 25 days, giving it an annualized return rate of 62.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Sm Energy Company has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of SM stock at $37.56 per share and sell one contract of the Sm Energy Company June 17, 2022 35 call for $4.14 for a net debit of $33.42 per share. This trade lasts 25 days, giving it an annualized return rate of 61.6% The risk assessment of this trade is 2 keys, (Considerable 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 Motorola Solutions Inc (MSI), Corteva Inc (CTVA) and Williams Companies Inc (WMB) are moving higher this morning, while HP Inc (HPQ), Alaska Air Group, Inc. (ALK) and Corning Incorporated (GLW) are headed lower. Zebra Technologies Corp. (ZBRA), Trimble Inc (TRMB) and TreeHouse Foods Inc. (THS) were upgraded by analysts this morning, while WPP PLC (WPP), Skillz Inc (SKLZ) and Pactiv Evergreen Inc (PTVE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.98%, the Australia ASX All Ordinaries is up 0.11%, the Shanghai SE Composite Index is up 0.01% the Mumbai Sensex is down -0.07% and the Hang Seng is down -1.19%. In Europe stocks are up. The FTSE 100 is up 1.07%, the DAX is up 0.76%, the Euro Stoxx 50 is up 0.48% and the CAC 40 is up 0.23%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.82 at 111.1 per barrel. Brent crude is up 1.02 at 113.57 per barrel. Natural Gas is down -0.19 at 7.89. Precious metals are up this morning. Gold is up 15.02 at 1861.52 per ounce. Platinum is up 18.77 at 975.94 while silver is up 0.48 at 22.16. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Bitcoin is up 1.61% to $30,398.49 while Ethereum is up 2.56% to $2,068.13. Equity PUT/CALL RATIO Yesterday, 1,601,834 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,281,694 put contracts. The single-session put/call ratio was 0.8. TODAY'S ECONOMIC CALENDAR Empire State Manufacturing May 8:30 EARNINGS EXPECTED TODAY: WEBR, WIX, WRBY, MNDY, TME, TTWO, SSYS, CCSI, YOU |
