MORNING UPDATE: PriceWatch Alerts for CALM and More... for 2022-04-28 |
| PriceWatch Alerts for CALM, SNA, MGP, PLD, JNJ, REXR, MKC, GIS, VRNT, and FR. Today's optimal covered call on Cal-Maine Foods IN has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of CALM stock at $54.28 per share and sell one contract of the Cal-Maine Foods IN May 20, 2022 52.5 call for $3.25 for a net debit of $51.03 per share. This trade lasts 22 days, giving it an annualized return rate of 45.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Snap-On Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of SNA stock at $220.42 per share and sell one contract of the Snap-On Inc May 20, 2022 220 call for $6.12 for a net debit of $214.30 per share. This trade lasts 22 days, giving it an annualized return rate of 42.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on MGM Growth Properties Llc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MGP stock at $40.38 per share and sell one contract of the MGM Growth Properties Llc May 20, 2022 40 call for $1.26 for a net debit of $39.12 per share. This trade lasts 22 days, giving it an annualized return rate of 35.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Prologis Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PLD stock at $167.67 per share and sell one contract of the Prologis Inc May 20, 2022 165 call for $6.15 for a net debit of $161.52 per share. This trade lasts 22 days, giving it an annualized return rate of 34.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Johnson & Johnson has an assigned return rate of 0.8%. To enter this trade, buy 100 shares of JNJ stock at $182.10 per share and sell one contract of the Johnson & Johnson May 06, 2022 180 call for $3.54 for a net debit of $178.56 per share. This trade lasts 8 days, giving it an annualized return rate of 32.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Rexford Industrial Realty Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of REXR stock at $80.41 per share and sell one contract of the Rexford Industrial Realty Inc May 20, 2022 80 call for $1.78 for a net debit of $78.63 per share. This trade lasts 22 days, giving it an annualized return rate of 27.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Mccormick & Company has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of MKC stock at $101.95 per share and sell one contract of the Mccormick & Company May 20, 2022 100 call for $3.63 for a net debit of $98.32 per share. This trade lasts 22 days, giving it an annualized return rate of 27.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on General Mills has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GIS stock at $71.36 per share and sell one contract of the General Mills May 20, 2022 70 call for $2.54 for a net debit of $68.82 per share. This trade lasts 22 days, giving it an annualized return rate of 27.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Verint Systems Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of VRNT stock at $53.89 per share and sell one contract of the Verint Systems Inc June 17, 2022 50 call for $5.09 for a net debit of $48.80 per share. This trade lasts 50 days, giving it an annualized return rate of 17.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on First Industrial Realty Trust has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of FR stock at $63.20 per share and sell one contract of the First Industrial Realty Trust December 16, 2022 60 call for $5.36 for a net debit of $57.84 per share. This trade lasts 232 days, giving it an annualized return rate of 5.9% 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE ServiceNow Inc (NOW), Carrier Global Corp (CARR) and International Paper Co (IP) are moving higher this morning, while Stanley Black & Decker, Inc. (SWK), Domino's Pizza, Inc. (DPZ) and Church & Dwight Co., Inc. (CHD) are headed lower. Westinghouse Air Brake Technologies Corp (WAB), MaxLinear, Inc. (MXL) and Autohome Inc (ATHM) were upgraded by analysts this morning, while LG Display Co Ltd. (LPL), Peoples Bancorp Inc. (PEBO) and Teladoc Health Inc (TDOC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 1.75%, the Hang Seng is up 1.65%, the Australia ASX All Ordinaries is up 1.26% the Mumbai Sensex is up 1.23% and the Shanghai SE Composite Index is up 0.58%. In Europe stocks are up. The CAC 40 is up 1.42%, the DAX is up 1.41%, the Euro Stoxx 50 is up 1.38% and the FTSE 100 is up 1.01%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.63 at 101.39 per barrel. Brent crude is down -0.79 at 104.53 per barrel. Natural Gas is down -0.13 at 7.21. Precious metals are mixed this morning. Gold is down -0.42 at 1885.68 per ounce. Platinum is up 2.14 at 922.38 while silver is down -0.38 at 23.12. 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 1.86% to $39,679.31 while Ethereum is up 1.63% to $2,929.03. Equity PUT/CALL RATIO Yesterday, 1,057,642 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 718,778 put contracts. The single-session put/call ratio was 0.68. TODAY'S ECONOMIC CALENDAR Continuing Claims 04/16 08:30 ET GDP Chain Deflator-Adv. Q1 08:30 ET Initial Claims 04/23 08:30 ET EARNINGS EXPECTED TODAY: AAPL, AMZN, MA, LLY, TMO, MRK, CMCSA, INTC, MCD, LIN, SNY, CAT, PNGAY, SYK, MO, SO, GILD |
