MORNING UPDATE: PriceWatch Alerts for FLR and More... for 2022-03-30 |
| PriceWatch Alerts for FLR, CRK, XOM, LPX, DAR, THC, NEM, CNC, PTEN, and ITCI. Today's optimal covered call on Fluor Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of FLR stock at $28.81 per share and sell one contract of the Fluor Corp April 14, 2022 28.5 call for $1.18 for a net debit of $27.64 per share. This trade lasts 15 days, giving it an annualized return rate of 71.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Comstock Resources has an assigned return rate of 9.8%. To enter this trade, buy 100 shares of CRK stock at $13.00 per share and sell one contract of the Comstock Resources May 20, 2022 13 call for $1.16 for a net debit of $11.84 per share. This trade lasts 51 days, giving it an annualized return rate of 68.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of XOM stock at $82.37 per share and sell one contract of the Exxon Mobil Corp April 08, 2022 82 call for $1.87 for a net debit of $80.50 per share. This trade lasts 9 days, giving it an annualized return rate of 67.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Louisiana-Pacific Corp has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of LPX stock at $68.03 per share and sell one contract of the Louisiana-Pacific Corp April 14, 2022 67.5 call for $2.47 for a net debit of $65.56 per share. This trade lasts 15 days, giving it an annualized return rate of 67.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Darling International Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of DAR stock at $80.20 per share and sell one contract of the Darling International Inc April 14, 2022 80 call for $2.48 for a net debit of $77.72 per share. This trade lasts 15 days, giving it an annualized return rate of 66.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tenet Healthcare Corp has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of THC stock at $90.73 per share and sell one contract of the Tenet Healthcare Corp April 14, 2022 90 call for $3.26 for a net debit of $87.47 per share. This trade lasts 15 days, giving it an annualized return rate of 66.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Newmont Mining Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NEM stock at $78.55 per share and sell one contract of the Newmont Mining Corp April 08, 2022 78 call for $1.93 for a net debit of $76.62 per share. This trade lasts 9 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 Centene Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of CNC stock at $84.93 per share and sell one contract of the Centene Corp April 08, 2022 85 call for $1.43 for a net debit of $83.50 per share. This trade lasts 9 days, giving it an annualized return rate of 65.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Patterson-Uti Energy has an assigned return rate of 8.9%. To enter this trade, buy 100 shares of PTEN stock at $15.31 per share and sell one contract of the Patterson-Uti Energy May 20, 2022 15 call for $1.53 for a net debit of $13.78 per share. This trade lasts 51 days, giving it an annualized return rate of 62.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Intra-Cellular Ther has an assigned return rate of 8.8%. To enter this trade, buy 100 shares of ITCI stock at $62.09 per share and sell one contract of the Intra-Cellular Ther May 20, 2022 60 call for $6.93 for a net debit of $55.16 per share. This trade lasts 51 days, giving it an annualized return rate of 61.6% The risk assessment of this trade is 3 keys, (Moderate 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 Occidental Petroleum Corporation (OXY), Coterra Energy Inc (CTRA) and Marathon Oil Corporation (MRO) are moving higher this morning, while Mohawk Industries, Inc. (MHK), UDR, Inc. (UDR) and Juniper Networks, Inc. (JNPR) are headed lower. PagSeguro Digital Ltd (PAGS), Restoration Hardware Holdings, Inc common stock (RH) and Northern Trust Corporation (NTRS) were upgraded by analysts this morning, while Sera Prognostics Inc (SERA), SmileDirectClub Inc (SDC) and Park Hotels & Resorts Inc (PK) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.96%, the Hang Seng is up 1.39%, the Mumbai Sensex is up 1.28% the Australia ASX All Ordinaries is up 0.68% and the Nikkei 225 is down -0.8%. In Europe stocks are mixed. The FTSE 100 is up 0.14%, the CAC 40 is down -0.81%, the Euro Stoxx 50 is down -0.96% and the DAX is down -1.36%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 2.53 at 106.77 per barrel. Brent crude is up 2.46 at 112.69 per barrel. Natural Gas is up 0.01 at 5.34. Precious metals are up this morning. Gold is up 5.77 at 1925.2 per ounce. Platinum is up 5.57 at 992 while silver is up 0.31 at 25.05. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Bitcoin is down -1.23% to $47,286.59 while Ethereum is down -1.49% to $3,405.93. Equity PUT/CALL RATIO Yesterday, 1,834,495 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 760,870 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR ADP Employment Change Mar 08:15 ET GDP - Third Estimate Q4 08:30 ET EIA Crude Oil Inventories 03/26 10:30 ET EARNINGS EXPECTED TODAY: PAYX, EXC, BNTX, YAHOY, NRILY, MITEY, SNPTF, PATH |
