MORNING UPDATE: PriceWatch Alerts for PSTG and More... for 2022-04-13 |
| PriceWatch Alerts for PSTG, CMRE, CPRX, CNQ, PAYX, GIS, HPE, SAIC, SJM, and PLAN. Today's optimal covered call on Pure Storage Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of PSTG stock at $30.51 per share and sell one contract of the Pure Storage Inc May 20, 2022 30 call for $2.02 for a net debit of $28.50 per share. This trade lasts 37 days, giving it an annualized return rate of 50.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Costamare Inc has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of CMRE stock at $15.06 per share and sell one contract of the Costamare Inc June 17, 2022 15 call for $1.06 for a net debit of $14.00 per share. This trade lasts 65 days, giving it an annualized return rate of 39.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Catalyst Pharm Inc has an assigned return rate of 12.9%. To enter this trade, buy 100 shares of CPRX stock at $8.14 per share and sell one contract of the Catalyst Pharm Inc September 16, 2022 7.5 call for $1.50 for a net debit of $6.65 per share. This trade lasts 156 days, giving it an annualized return rate of 29.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Canadian Natural Resources has an assigned return rate of 11.2%. To enter this trade, buy 100 shares of CNQ stock at $64.47 per share and sell one contract of the Canadian Natural Resources September 16, 2022 65 call for $6.02 for a net debit of $58.45 per share. This trade lasts 156 days, giving it an annualized return rate of 26.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Paychex Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of PAYX stock at $136.59 per share and sell one contract of the Paychex Inc May 20, 2022 135 call for $4.94 for a net debit of $131.65 per share. This trade lasts 37 days, giving it an annualized return rate of 24.4% 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 2.2%. To enter this trade, buy 100 shares of GIS stock at $70.43 per share and sell one contract of the General Mills May 20, 2022 70 call for $1.96 for a net debit of $68.47 per share. This trade lasts 37 days, giving it an annualized return rate of 21.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Hewlett Packard Enterprise Comp has an assigned return rate of 6.4%. To enter this trade, buy 100 shares of HPE stock at $15.41 per share and sell one contract of the Hewlett Packard Enterprise Comp August 19, 2022 15 call for $1.31 for a net debit of $14.10 per share. This trade lasts 128 days, giving it an annualized return rate of 18.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Science Applications Internation has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SAIC stock at $88.74 per share and sell one contract of the Science Applications Internation May 20, 2022 85 call for $5.28 for a net debit of $83.46 per share. This trade lasts 37 days, giving it an annualized return rate of 17.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on J.M. Smucker Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of SJM stock at $139.41 per share and sell one contract of the J.M. Smucker Company May 20, 2022 135 call for $6.06 for a net debit of $133.35 per share. This trade lasts 37 days, giving it an annualized return rate of 11.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Anaplan Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of PLAN stock at $65.18 per share and sell one contract of the Anaplan Inc August 19, 2022 65 call for $1.04 for a net debit of $64.14 per share. This trade lasts 128 days, giving it an annualized return rate of 3.8% 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'. 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(DAL), Alaska Air Group, Inc. (ALK) and Southwest Airlines Co (LUV) are moving higher this morning, while KeyCorp (KEY), JPMorgan Chase & Co (JPM) and AT&T Inc. (T) are headed lower. Humana Inc (HUM), J B Hunt Transport Services Inc (JBHT) and Booz Allen Hamilton Holding Corporation (BAH) were upgraded by analysts this morning, while Ferguson PLC (FERG), Hammerson plc (HMSNF) and Adecco Group ADR (AHEXY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.93%, the Australia ASX All Ordinaries is up 0.47%, the Hang Seng is up 0.26% the Mumbai Sensex is down -0.41% and the Shanghai SE Composite Index is down -0.82%. In Europe stocks are mixed. The FTSE 100 is up 0.05%, the CAC 40 is down -0.54%, the Euro Stoxx 50 is down -0.73% and the DAX is down -0.79%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.06 at 101.66 per barrel. Brent crude is up 1.31 at 105.95 per barrel. Natural Gas is up 0.12 at 6.8. Precious metals are up this morning. Gold is up 11.91 at 1978.67 per ounce. Platinum is up 16.21 at 985.82 while silver is up 0.14 at 25.88. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Bitcoin is down -1.53% to $39,760.44 while Ethereum is down -0.58% to $3,021.65. Equity PUT/CALL RATIO Yesterday, 1,268,557 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 662,270 put contracts. The single-session put/call ratio was 0.52. TODAY'S ECONOMIC CALENDAR PPI Mar 8:30AM Core PPI Mar 8:30AM EIA Crude Oil Inventories 04/09 10:30AM EARNINGS EXPECTED TODAY: JPM, DAL, BLK, BBBY, FAST, FRC, WAFD |
