MORNING UPDATE: PriceWatch Alerts for OLN and More... for 2022-05-09 |
| PriceWatch Alerts for OLN, ALB, PXD, DAL, LPX, FANG, LNTH, HUN, VAL, and AVT. Today's optimal covered call on Olin Corp has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of OLN stock at $63.40 per share and sell one contract of the Olin Corp May 20, 2022 63 call for $2.52 for a net debit of $60.88 per share. This trade lasts 11 days, giving it an annualized return rate of 91.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Albemarle Corp has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of ALB stock at $242.41 per share and sell one contract of the Albemarle Corp May 20, 2022 240 call for $10.31 for a net debit of $232.10 per share. This trade lasts 11 days, giving it an annualized return rate of 88.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of PXD stock at $270.18 per share and sell one contract of the Pioneer Natural Resources Compan May 20, 2022 270 call for $8.72 for a net debit of $261.46 per share. This trade lasts 11 days, giving it an annualized return rate of 85.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Delta Air Lines Inc has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of DAL stock at $41.00 per share and sell one contract of the Delta Air Lines Inc May 20, 2022 40.5 call for $1.75 for a net debit of $39.25 per share. This trade lasts 11 days, giving it an annualized return rate of 83.0% 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 3.1%. To enter this trade, buy 100 shares of LPX stock at $74.09 per share and sell one contract of the Louisiana-Pacific Corp May 20, 2022 72.5 call for $3.74 for a net debit of $70.35 per share. This trade lasts 11 days, giving it an annualized return rate of 79.7% 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 3.0%. To enter this trade, buy 100 shares of FANG stock at $142.93 per share and sell one contract of the Diamondback Energy May 20, 2022 140 call for $7.05 for a net debit of $135.88 per share. This trade lasts 11 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 Lantheus Holdings has an assigned return rate of 9.0%. To enter this trade, buy 100 shares of LNTH stock at $64.20 per share and sell one contract of the Lantheus Holdings June 17, 2022 65 call for $4.56 for a net debit of $59.64 per share. This trade lasts 39 days, giving it an annualized return rate of 78.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Huntsman Corp has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of HUN stock at $34.18 per share and sell one contract of the Huntsman Corp May 20, 2022 34 call for $1.16 for a net debit of $33.02 per share. This trade lasts 11 days, giving it an annualized return rate of 77.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Valaris Ltd has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of VAL stock at $57.26 per share and sell one contract of the Valaris Ltd May 20, 2022 55 call for $3.81 for a net debit of $53.45 per share. This trade lasts 11 days, giving it an annualized return rate of 75.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Avnet Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of AVT stock at $47.02 per share and sell one contract of the Avnet Inc May 20, 2022 47 call for $1.33 for a net debit of $45.69 per share. This trade lasts 11 days, giving it an annualized return rate of 74.8% 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 AES Corp (AES), Textron Inc. (TXT) and Tyson Foods, Inc. (TSN) are moving higher this morning, while EPAM Systems Inc (EPAM), Freeport-McMoRan Inc (FCX) and Mohawk Industries, Inc. (MHK) are headed lower. DISH Network Corp (DISH), Standex International Corp (SXI) and Playa Hotels & Resorts NV (PLYA) were upgraded by analysts this morning, while DISH Network Corp (DISH), Virgin Galactic Holdings Inc (SPCE) and Simmons First National Corporation (SFNC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.09%, the Mumbai Sensex is down -0.67%, the Australia ASX All Ordinaries is down -1.47% the Nikkei 225 is down -2.53% and the Hang Seng is down -3.81%. Stocks in Europe are down. The Euro Stoxx 50 is down -2.28%, the CAC 40 is down -2.23%, the FTSE 100 is down -1.99% and the DAX is down -1.81%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -3.13 at 106.64 per barrel. Brent crude is down -3.04 at 109.35 per barrel. Natural Gas is down -0.04 at 8. Precious metals are down this morning. Gold is down -23.37 at 1860.44 per ounce. Platinum is down -24.24 at 938 while silver is down -0.64 at 21.73. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Bitcoin is down -4.95% to $33,039.87 while Ethereum is down -6.43% to $2,403.15. Equity PUT/CALL RATIO Yesterday, 1,246,273 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 899,802 put contracts. The single-session put/call ratio was 0.72. TODAY'S ECONOMIC CALENDAR Wholesale Inventories Mar 10:00 ET EARNINGS EXPECTED TODAY: TSN, EXC, DUK, ITUB, XPO, M, VTRS, DINO, ACM, IFNNY, BNTX, IFF, BHF, UNVR, OVV, VRTV, MCHP, JLL, ELAN, SPG |
