MORNING UPDATE: PriceWatch Alerts for STNG and More... for 2022-05-03 |
PriceWatch Alerts for STNG, TENB, ANTM, XOM, MAT, LLY, TS, KHC, HUM, and LRN. Today's optimal covered call on Scorpio Tankers Inc has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of STNG stock at $25.81 per share and sell one contract of the Scorpio Tankers Inc May 20, 2022 25 call for $1.87 for a net debit of $23.94 per share. This trade lasts 17 days, giving it an annualized return rate of 89.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Tenable Holdings Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of TENB stock at $56.35 per share and sell one contract of the Tenable Holdings Inc May 20, 2022 55 call for $3.53 for a net debit of $52.82 per share. This trade lasts 17 days, giving it an annualized return rate of 83.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Anthem Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ANTM stock at $497.11 per share and sell one contract of the Anthem Inc May 13, 2022 497.5 call for $11.77 for a net debit of $485.34 per share. This trade lasts 10 days, giving it an annualized return rate of 83.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of XOM stock at $86.41 per share and sell one contract of the Exxon Mobil Corp May 13, 2022 86 call for $2.40 for a net debit of $84.01 per share. This trade lasts 10 days, giving it an annualized return rate of 78.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Mattel Inc has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of MAT stock at $24.71 per share and sell one contract of the Mattel Inc May 20, 2022 24.5 call for $1.11 for a net debit of $23.60 per share. This trade lasts 17 days, giving it an annualized return rate of 77.3% 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 2.2%. To enter this trade, buy 100 shares of LLY stock at $289.56 per share and sell one contract of the Eli Lilly and Company May 13, 2022 290 call for $5.90 for a net debit of $283.65 per share. This trade lasts 10 days, giving it an annualized return rate of 74.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tenaris S.A. ADR has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of TS stock at $30.18 per share and sell one contract of the Tenaris S.A. ADR May 20, 2022 30 call for $1.22 for a net debit of $28.96 per share. This trade lasts 17 days, giving it an annualized return rate of 72.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Kraft Heinz Company has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of KHC stock at $41.98 per share and sell one contract of the Kraft Heinz Company May 13, 2022 42 call for $0.85 for a net debit of $41.12 per share. This trade lasts 10 days, giving it an annualized return rate of 70.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Humana Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of HUM stock at $433.51 per share and sell one contract of the Humana Inc May 13, 2022 430 call for $12.34 for a net debit of $421.17 per share. This trade lasts 10 days, giving it an annualized return rate of 69.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Stride Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of LRN stock at $38.79 per share and sell one contract of the Stride Inc May 20, 2022 38 call for $2.00 for a net debit of $36.80 per share. This trade lasts 17 days, giving it an annualized return rate of 66.4% 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 Coterra Energy Inc (CTRA), Devon Energy Corp (DVN) and Howmet Aerospace Inc (HWM) are moving higher this morning, while Estee Lauder Companies Inc (EL), Rockwell Automation (ROK) and Hilton Hotels Corporation Common Stock (HLT) are headed lower. TriCo Bancshares (TCBK), Sundial Growers Inc (SNDL) and First Interstate Bancsystem Inc (FIBK) were upgraded by analysts this morning, while New York Community Bancorp, Inc. (NYCB), EverQuote Inc (EVER) and Charter Communications Inc (CHTR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 2.41%, the Hang Seng is up 0.06%, the Nikkei 225 is down -0.11% the Mumbai Sensex is down -0.15% and the Australia ASX All Ordinaries is down -0.47%. In Europe stocks are mixed. The CAC 40 is up 0.28%, the DAX is up 0.21%, the Euro Stoxx 50 is up 0.18% and the FTSE 100 is down -0.69%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -1.13 at 104.04 per barrel. Brent crude is down -1.11 at 106.47 per barrel. Natural Gas is up 0.45 at 7.93. Precious metals are up this morning. Gold is up 0.18 at 1863.2 per ounce. Platinum is up 15.67 at 954.32 while silver is up 0.16 at 22.74. 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 0.03% to $38,552.51 while Ethereum is up 1.84% to $2,845.67. Equity PUT/CALL RATIO Yesterday, 1,038,656 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 672,280 put contracts. The single-session put/call ratio was 0.65. TODAY'S ECONOMIC CALENDAR Factory Orders Mar 10:00 ET JOLTs - Job Openings Mar 10:00 ET EARNINGS EXPECTED TODAY: PFE, AMD, ABNB, BP, EL, SPGI, SBUX, PSA, ITW, FIS, ETN, TRI, MPC, ITUB, AIG, HLT |