MORNING UPDATE: PriceWatch Alerts for WM and More... for 2022-05-05 |
| PriceWatch Alerts for WM, LLY, DOW, XOM, CVE, MTB, MDLX, KMB, CHRW, and HSY. Today's optimal covered call on Waste Management has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of WM stock at $162.33 per share and sell one contract of the Waste Management May 13, 2022 162.5 call for $2.34 for a net debit of $160.00 per share. This trade lasts 8 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 Eli Lilly and Company has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of LLY stock at $294.90 per share and sell one contract of the Eli Lilly and Company May 13, 2022 295 call for $4.30 for a net debit of $290.60 per share. This trade lasts 8 days, giving it an annualized return rate of 61.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dow Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of DOW stock at $70.61 per share and sell one contract of the Dow Inc May 13, 2022 70 call for $1.64 for a net debit of $68.97 per share. This trade lasts 8 days, giving it an annualized return rate of 60.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of XOM stock at $91.70 per share and sell one contract of the Exxon Mobil Corp May 13, 2022 91 call for $2.03 for a net debit of $89.67 per share. This trade lasts 8 days, giving it an annualized return rate of 60.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Cenovus Energy Inc has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of CVE stock at $20.17 per share and sell one contract of the Cenovus Energy Inc June 17, 2022 20 call for $1.50 for a net debit of $18.67 per share. This trade lasts 43 days, giving it an annualized return rate of 59.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on M&T Bank Corp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of MTB stock at $176.09 per share and sell one contract of the M&T Bank Corp May 20, 2022 175 call for $5.42 for a net debit of $170.67 per share. This trade lasts 15 days, giving it an annualized return rate of 57.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Mondelez Intl Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of MDLZ stock at $66.19 per share and sell one contract of the Mondelez Intl Inc May 13, 2022 66 call for $1.12 for a net debit of $65.08 per share. This trade lasts 8 days, giving it an annualized return rate of 57.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Kimberly-Clark Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of KMB stock at $139.14 per share and sell one contract of the Kimberly-Clark Corp May 13, 2022 139 call for $1.96 for a net debit of $137.18 per share. This trade lasts 8 days, giving it an annualized return rate of 54.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on C.H. Robinson Ww has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of CHRW stock at $110.55 per share and sell one contract of the C.H. Robinson Ww May 20, 2022 110 call for $3.04 for a net debit of $107.51 per share. This trade lasts 15 days, giving it an annualized return rate of 52.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Hershey Foods Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of HSY stock at $225.33 per share and sell one contract of the Hershey Foods Corp May 13, 2022 225 call for $3.05 for a net debit of $222.28 per share. This trade lasts 8 days, giving it an annualized return rate of 49.6% The risk assessment of this trade is 4 keys, (Low 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 Albemarle Corporation (ALB), EPAM Systems Inc (EPAM) and Zoetis Inc (ZTS) are moving higher this morning, while Cardinal Health Inc (CAH), Bath & Body Works Inc (BBWI) and Ceridian HCM Holding Inc (CDAY) are headed lower. Zymeworks Inc (ZYME), Sinclair Broadcast Group Inc (SBGI) and Nevro Corp (NVRO) were upgraded by analysts this morning, while Tupperware Brands Corporation (TUP), Iamgold Corp (IAG) and Amarin Corporation plc (AMRN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.98%, the Shanghai SE Composite Index is up 0.68%, the Mumbai Sensex is up 0.06% the Nikkei 225 is down -0.11% and the Hang Seng is down -0.36%. In Europe stocks are up. The CAC 40 is up 1.91%, the Euro Stoxx 50 is up 1.61%, the DAX is up 1.55% and the FTSE 100 is up 1.49%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.89 at 108.7 per barrel. Brent crude is up 1.17 at 111.31 per barrel. Natural Gas is flat 0 at 8.42. Precious metals are mixed this morning. Gold is up 17.72 at 1898.94 per ounce. Platinum is down -3.08 at 991.6 while silver is up 0.67 at 23.07. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Bitcoin is up 1.17% to $39,483.03 while Ethereum is up 1.84% to $2,923.85. Equity PUT/CALL RATIO Yesterday, 1,223,369 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 712,207 put contracts. The single-session put/call ratio was 0.58. TODAY'S ECONOMIC CALENDAR Continuing Claims 04/23 08:30 ET Initial Claims 04/30 08:30 ET Productivity-Prel Q1 08:30 ET EARNINGS EXPECTED TODAY: SHEL, COP, EQNR, BUD, VWAGY, EADSY, ZTS, BDX, CNQ, VRTX, D, EOG, ICE, ENLAY, NTDOY, SQ, APD, SHOP |
