MORNING UPDATE: PriceWatch Alerts for HP and More... for 2022-05-02 |
| PriceWatch Alerts for HP, LRN, XOM, TS, CVX, ANTM, HUM, WH, WY, and WAB. Today's optimal covered call on Helmerich & Payne has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of HP stock at $46.03 per share and sell one contract of the Helmerich & Payne May 20, 2022 45 call for $2.98 for a net debit of $43.06 per share. This trade lasts 18 days, giving it an annualized return rate of 78.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Stride Inc has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of LRN stock at $39.30 per share and sell one contract of the Stride Inc May 20, 2022 39 call for $1.91 for a net debit of $37.39 per share. This trade lasts 18 days, giving it an annualized return rate of 74.8% 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 2.7%. To enter this trade, buy 100 shares of XOM stock at $85.25 per share and sell one contract of the Exxon Mobil Corp May 13, 2022 85 call for $2.49 for a net debit of $82.76 per share. This trade lasts 11 days, giving it an annualized return rate of 70.7% 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 3.9%. 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 $1.31 for a net debit of $28.86 per share. This trade lasts 18 days, giving it an annualized return rate of 68.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of CVX stock at $156.67 per share and sell one contract of the Chevron Corp May 13, 2022 155 call for $5.55 for a net debit of $151.12 per share. This trade lasts 11 days, giving it an annualized return rate of 66.9% The risk assessment of this trade is 4 keys, (Low 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 $501.93 per share and sell one contract of the Anthem Inc May 13, 2022 502.5 call for $11.78 for a net debit of $490.15 per share. This trade lasts 11 days, giving it an annualized return rate of 65.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Humana Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of HUM stock at $444.56 per share and sell one contract of the Humana Inc May 13, 2022 445 call for $10.33 for a net debit of $434.23 per share. This trade lasts 11 days, giving it an annualized return rate of 64.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Wyndham Hotels & Resorts Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of WH stock at $87.96 per share and sell one contract of the Wyndham Hotels & Resorts Inc May 20, 2022 87.5 call for $3.36 for a net debit of $84.60 per share. This trade lasts 18 days, giving it an annualized return rate of 59.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Weyerhaeuser Company has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of WY stock at $41.22 per share and sell one contract of the Weyerhaeuser Company May 13, 2022 41 call for $1.14 for a net debit of $40.09 per share. This trade lasts 11 days, giving it an annualized return rate of 59.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Wabtec Corp has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of WAB stock at $89.91 per share and sell one contract of the Wabtec Corp May 20, 2022 90 call for $2.84 for a net debit of $87.07 per share. This trade lasts 18 days, giving it an annualized return rate of 58.5% 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 Mohawk Industries, Inc. (MHK), Celanese Corporation (CE) and Altria Group Inc (MO) are moving higher this morning, while Aon PLC (AON), Duke Realty Corp (DRE) and Prologis Inc (PLD) are headed lower. Accolade Inc (ACCD), Comerica Incorporated (CMA) and TAL Education Group (TAL) were upgraded by analysts this morning, while Community Bank System, Inc. (CBU), KeyCorp (KEY) and Weyerhaeuser Co (WY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 4.01%, the Shanghai SE Composite Index is up 2.41%, the Nikkei 225 is down -0.11% the Mumbai Sensex is down -0.15% and the Australia ASX All Ordinaries is down -1.31%. In Europe stocks are mixed. The FTSE 100 is up 0.47%, the DAX is down -1.1%, the CAC 40 is down -1.81% and the Euro Stoxx 50 is down -2.02%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -3.37 at 101.32 per barrel. Brent crude is down -2.93 at 104.21 per barrel. Natural Gas is up 0.13 at 7.37. Precious metals are mixed this morning. Gold is down -19.64 at 1877.29 per ounce. Platinum is up 0.37 at 939.69 while silver is down -0.43 at 22.66. 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 1.55% to $38,486.80 while Ethereum is up 1.29% to $2,793.26. Equity PUT/CALL RATIO Yesterday, 1,210,730 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 948,281 put contracts. The single-session put/call ratio was 0.78. TODAY'S ECONOMIC CALENDAR Construction Spending Mar 10:00 ET ISM Manufacturing Index Apr 10:00 ET EARNINGS EXPECTED TODAY: MCO, EPD, NTR, NXPI, WMB, GPN, DVN, ANET, WEC, EXPE, FMX, MOS, CTRA, FANG |
