MORNING UPDATE: PriceWatch Alerts for CNQ and More... for 2022-04-12 |
| PriceWatch Alerts for CNQ, PAYX, GIS, CMRE, TD, TRQ, SAIC, HPE, SJM, and PLAN. Today's optimal covered call on Canadian Natural Resources has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CNQ stock at $62.45 per share and sell one contract of the Canadian Natural Resources May 20, 2022 60 call for $4.42 for a net debit of $58.03 per share. This trade lasts 38 days, giving it an annualized return rate of 31.8% 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 2.4%. To enter this trade, buy 100 shares of PAYX stock at $136.84 per share and sell one contract of the Paychex Inc May 20, 2022 135 call for $5.03 for a net debit of $131.81 per share. This trade lasts 38 days, giving it an annualized return rate of 22.7% 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 2.3%. To enter this trade, buy 100 shares of GIS stock at $70.51 per share and sell one contract of the General Mills May 20, 2022 70 call for $2.06 for a net debit of $68.44 per share. This trade lasts 38 days, giving it an annualized return rate of 21.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Costamare Inc has an assigned return rate of 8.8%. To enter this trade, buy 100 shares of CMRE stock at $14.89 per share and sell one contract of the Costamare Inc September 16, 2022 14 call for $2.02 for a net debit of $12.87 per share. This trade lasts 157 days, giving it an annualized return rate of 20.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Toronto Dominion Bank has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of TD stock at $76.51 per share and sell one contract of the Toronto Dominion Bank May 20, 2022 75 call for $2.93 for a net debit of $73.58 per share. This trade lasts 38 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 Turquoise Hill Resources Ltd has an assigned return rate of 7.3%. To enter this trade, buy 100 shares of TRQ stock at $29.78 per share and sell one contract of the Turquoise Hill Resources Ltd September 16, 2022 29 call for $2.74 for a net debit of $27.04 per share. This trade lasts 157 days, giving it an annualized return rate of 16.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Science Applications Internation has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of SAIC stock at $89.90 per share and sell one contract of the Science Applications Internation May 20, 2022 85 call for $6.18 for a net debit of $83.72 per share. This trade lasts 38 days, giving it an annualized return rate of 14.3% 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 8.0%. To enter this trade, buy 100 shares of HPE stock at $15.81 per share and sell one contract of the Hewlett Packard Enterprise Comp November 18, 2022 15 call for $1.92 for a net debit of $13.90 per share. This trade lasts 220 days, giving it an annualized return rate of 13.1% 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 2.9%. To enter this trade, buy 100 shares of SJM stock at $139.43 per share and sell one contract of the J.M. Smucker Company July 15, 2022 135 call for $8.27 for a net debit of $131.16 per share. This trade lasts 94 days, giving it an annualized return rate of 11.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Anaplan Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of PLAN stock at $65.23 per share and sell one contract of the Anaplan Inc January 19, 2024 65 call for $1.56 for a net debit of $63.67 per share. This trade lasts 647 days, giving it an annualized return rate of 1.2% 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 Delta Air Lines, Inc. (DAL), Southwest Airlines Co (LUV) and PVH Corp (PVH) are moving higher this morning, while AT&T Inc. (T), Occidental Petroleum Corporation (OXY) and ConocoPhillips (COP) are headed lower. First Financial Corp (THFF), Charles Schwab Corporation Common Stock (SCHW) and Novo Nordisk A/S (NVO) were upgraded by analysts this morning, while AmerisourceBergen Corp. (ABC), Bancolombia SA ADR (CIB) and Franklin Resources, Inc. (BEN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.46%, the Hang Seng is up 0.52%, the Australia ASX All Ordinaries is down -0.48% the Mumbai Sensex is down -0.66% and the Nikkei 225 is down -1.81%. Stocks in Europe are down. The DAX is down -0.91%, the CAC 40 is down -0.62%, the Euro Stoxx 50 is down -0.58% and the FTSE 100 is down -0.57%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 3.81 at 98.1 per barrel. Brent crude is up 4.39 at 102.87 per barrel. Natural Gas is up 0.17 at 6.82. Precious metals are mixed this morning. Gold is up 4.21 at 1957.73 per ounce. Platinum is down -10.59 at 970.61 while silver is up 0.16 at 25.15. 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 down -1.58% to $40,409.01 while Ethereum is down -0.01% to $3,044.39. Equity PUT/CALL RATIO Yesterday, 1,251,623 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 693,513 put contracts. The single-session put/call ratio was 0.55. TODAY'S ECONOMIC CALENDAR CPI Mar 8:30 Core CPI Mar 8:30AM EARNINGS EXPECTED TODAY: ACI, KMX |
