MORNING UPDATE: PriceWatch Alerts for VALE and More... for 2022-03-29 |
| PriceWatch Alerts for VALE, THC, DAR, ITCI, STNG, LPX, CNC, FTNT, AQUA, and TALO. Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of VALE stock at $19.97 per share and sell one contract of the Vale S.A. ADR April 22, 2022 20 call for $0.87 for a net debit of $19.10 per share. This trade lasts 24 days, giving it an annualized return rate of 68.6% 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 3.1%. To enter this trade, buy 100 shares of THC stock at $90.54 per share and sell one contract of the Tenet Healthcare Corp April 14, 2022 90 call for $3.24 for a net debit of $87.30 per share. This trade lasts 16 days, giving it an annualized return rate of 66.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Darling International Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of DAR stock at $80.39 per share and sell one contract of the Darling International Inc April 14, 2022 80 call for $2.73 for a net debit of $77.67 per share. This trade lasts 16 days, giving it an annualized return rate of 64.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Intra-Cellular Ther has an assigned return rate of 9.3%. To enter this trade, buy 100 shares of ITCI stock at $61.48 per share and sell one contract of the Intra-Cellular Ther May 20, 2022 60 call for $6.60 for a net debit of $54.88 per share. This trade lasts 52 days, giving it an annualized return rate of 64.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Scorpio Tankers Inc has an assigned return rate of 9.0%. To enter this trade, buy 100 shares of STNG stock at $20.36 per share and sell one contract of the Scorpio Tankers Inc May 20, 2022 20 call for $2.02 for a net debit of $18.35 per share. This trade lasts 52 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 Louisiana-Pacific Corp has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of LPX stock at $66.03 per share and sell one contract of the Louisiana-Pacific Corp April 14, 2022 65 call for $2.78 for a net debit of $63.24 per share. This trade lasts 16 days, giving it an annualized return rate of 59.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Centene Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CNC stock at $85.24 per share and sell one contract of the Centene Corp April 08, 2022 85 call for $1.65 for a net debit of $83.59 per share. This trade lasts 10 days, giving it an annualized return rate of 56.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Fortinet Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of FTNT stock at $338.53 per share and sell one contract of the Fortinet Inc April 14, 2022 330 call for $16.62 for a net debit of $321.91 per share. This trade lasts 16 days, giving it an annualized return rate of 54.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Evoqua Water Technologies Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of AQUA stock at $45.24 per share and sell one contract of the Evoqua Water Technologies Corp April 14, 2022 45 call for $1.30 for a net debit of $43.94 per share. This trade lasts 16 days, giving it an annualized return rate of 51.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Talos Energy Inc has an assigned return rate of 7.4%. To enter this trade, buy 100 shares of TALO stock at $15.91 per share and sell one contract of the Talos Energy Inc May 20, 2022 15 call for $1.95 for a net debit of $13.96 per share. This trade lasts 52 days, giving it an annualized return rate of 51.3% 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 Carnival Corp (CCL), FactSet Research Systems Inc. (FDS) and Norwegian Cruise Line Holdings Ltd (NCLH) are moving higher this morning, while Mosaic Co (MOS), Schlumberger NV (SLB) and Halliburton Company (HAL) are headed lower. Customers Bancorp Inc (CUBI), Fortinet Inc (FTNT) and Hoegh LNG Partners LP (HMLP) were upgraded by analysts this morning, while Aveanna Healthcare Holdings Inc (AVAH), Pinterest Inc (PINS) and View Inc (VIEW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.12%, the Nikkei 225 is up 1.1%, the Australia ASX All Ordinaries is up 0.75% the Mumbai Sensex is up 0.61% and the Shanghai SE Composite Index is down -0.33%. In Europe stocks are up. The CAC 40 is up 3.12%, the Euro Stoxx 50 is up 3.04%, the DAX is up 2.9% and the FTSE 100 is up 1.3%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -3.53 at 102.43 per barrel. Brent crude is down -3.7 at 108.78 per barrel. Natural Gas is down -0.18 at 5.33. Precious metals are down this morning. Gold is down -16.54 at 1906.26 per ounce. Platinum is down -16.68 at 970.92 while silver is down -0.62 at 24.58. 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 up 1.18% to $47,874.45 while Ethereum is up 3.21% to $3,458.40. Equity PUT/CALL RATIO Yesterday, 1,495,870 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 675,880 put contracts. The single-session put/call ratio was 0.45. TODAY'S ECONOMIC CALENDAR S&P Case-Shiller Home Price Index Jan 09:00 ET Consumer Confidence Mar 10:00 ET EARNINGS EXPECTED TODAY: MU, DKILY, LULU, OVCHY, BHKLY, CICOY, MKC, HNNMY, CHWY |
