MORNING UPDATE: PriceWatch Alerts for KR and More... for 2022-04-06 |
| PriceWatch Alerts for KR, CMRE, BJ, BOX, CNQ, TRQ, CALM, SBS, PAYX, and TD. Today's optimal covered call on Kroger Company has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of KR stock at $57.65 per share and sell one contract of the Kroger Company April 22, 2022 57 call for $1.62 for a net debit of $56.03 per share. This trade lasts 16 days, giving it an annualized return rate of 37.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Costamare Inc has an assigned return rate of 7.4%. To enter this trade, buy 100 shares of CMRE stock at $16.02 per share and sell one contract of the Costamare Inc June 17, 2022 16 call for $1.12 for a net debit of $14.90 per share. This trade lasts 72 days, giving it an annualized return rate of 36.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of BJ stock at $67.67 per share and sell one contract of the Bj's Wholesale Club Holdings Inc May 20, 2022 65 call for $5.25 for a net debit of $62.42 per share. This trade lasts 44 days, giving it an annualized return rate of 33.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of BOX stock at $28.84 per share and sell one contract of the Box Inc June 17, 2022 28 call for $2.42 for a net debit of $26.42 per share. This trade lasts 72 days, giving it an annualized return rate of 29.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Canadian Natural Resources has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of CNQ stock at $62.60 per share and sell one contract of the Canadian Natural Resources May 20, 2022 60 call for $4.72 for a net debit of $57.88 per share. This trade lasts 44 days, giving it an annualized return rate of 29.7% 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 3.3%. To enter this trade, buy 100 shares of TRQ stock at $30.20 per share and sell one contract of the Turquoise Hill Resources Ltd May 20, 2022 30 call for $1.16 for a net debit of $29.04 per share. This trade lasts 44 days, giving it an annualized return rate of 26.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). 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 $57.37 per share and sell one contract of the Cal-Maine Foods IN May 20, 2022 55 call for $3.93 for a net debit of $53.44 per share. This trade lasts 44 days, giving it an annualized return rate of 23.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cia DE Saneamento Basico Do Esta has an assigned return rate of 12.8%. To enter this trade, buy 100 shares of SBS stock at $10.96 per share and sell one contract of the Cia DE Saneamento Basico Do Esta December 16, 2022 10 call for $2.10 for a net debit of $8.86 per share. This trade lasts 254 days, giving it an annualized return rate of 18.3% 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 2.0%. To enter this trade, buy 100 shares of PAYX stock at $139.25 per share and sell one contract of the Paychex Inc May 20, 2022 135 call for $6.91 for a net debit of $132.34 per share. This trade lasts 44 days, giving it an annualized return rate of 16.3% The risk assessment of this trade is 3 keys, (Moderate 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 $80.22 per share and sell one contract of the Toronto Dominion Bank May 20, 2022 80 call for $1.72 for a net debit of $78.51 per share. This trade lasts 44 days, giving it an annualized return rate of 15.4% 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 Zimmer Biomet Holdings Inc (ZBH), Carnival Corp (CCL) and J M Smucker Co (SJM) are moving higher this morning, while PVH Corp (PVH), Las Vegas Sands Corp. (LVS) and EPAM Systems Inc (EPAM) are headed lower. Aptiv PLC (APTV), Array Technologies Inc (ARRY) and Invitation Homes Inc (INVH) were upgraded by analysts this morning, while Gates Industrial Corp PLC (GTES), Ingersoll Rand Inc (IR) and Jazz Pharmaceuticals PLC (JAZZ) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.02%, the Australia ASX All Ordinaries is down -0.57%, the Mumbai Sensex is down -0.94% the Nikkei 225 is down -1.58% and the Hang Seng is down -1.87%. Stocks in Europe are down. The Euro Stoxx 50 is down -2.34%, the CAC 40 is down -2.05%, the DAX is down -1.97% and the FTSE 100 is down -0.33%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.05 at 103.01 per barrel. Brent crude is up 0.88 at 107.52 per barrel. Natural Gas is up 0.24 at 6.27. Precious metals are down this morning. Gold is down -2.77 at 1920.83 per ounce. Platinum is down -3.05 at 968.54 while silver is down -0.25 at 24.29. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Bitcoin is down -3.99% to $44,832.86 while Ethereum is down -6.22% to $3,304.09. Equity PUT/CALL RATIO Yesterday, 1,282,754 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 740,196 put contracts. The single-session put/call ratio was 0.58. TODAY'S ECONOMIC CALENDAR GDP - Third Estimate Q4 08:30 ET GDP Deflator - Third Estimate Q4 08:30 ET EIA Crude Oil Inventories 03/26 10:30 ET EARNINGS EXPECTED TODAY: EXC, YAHOY, CIADY, MITEY, NRILY, SNPTF, SSMXY, NPNYY, RPM |
