MORNING UPDATE: PriceWatch Alerts for AU and More... for 2022-03-28 |
PriceWatch Alerts for AU, PTEN, SU, FTNT, XOM, VALE, MGY, PXD, ATI, and EVH. Today's optimal covered call on Anglogold Ashanti Ltd ADR has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of AU stock at $24.15 per share and sell one contract of the Anglogold Ashanti Ltd ADR April 14, 2022 24 call for $1.07 for a net debit of $23.08 per share. This trade lasts 17 days, giving it an annualized return rate of 73.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Patterson-Uti Energy has an assigned return rate of 11.2%. To enter this trade, buy 100 shares of PTEN stock at $16.10 per share and sell one contract of the Patterson-Uti Energy May 20, 2022 16 call for $1.71 for a net debit of $14.39 per share. This trade lasts 53 days, giving it an annualized return rate of 72.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Suncor Energy Inc has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of SU stock at $34.05 per share and sell one contract of the Suncor Energy Inc April 08, 2022 34 call for $0.96 for a net debit of $33.08 per share. This trade lasts 11 days, giving it an annualized return rate of 72.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fortinet Inc has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of FTNT stock at $332.73 per share and sell one contract of the Fortinet Inc April 14, 2022 330 call for $14.42 for a net debit of $318.31 per share. This trade lasts 17 days, giving it an annualized return rate of 67.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of XOM stock at $85.20 per share and sell one contract of the Exxon Mobil Corp April 08, 2022 85 call for $2.27 for a net debit of $82.93 per share. This trade lasts 11 days, giving it an annualized return rate of 65.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of VALE stock at $19.94 per share and sell one contract of the Vale S.A. ADR April 22, 2022 20 call for $0.88 for a net debit of $19.06 per share. This trade lasts 25 days, giving it an annualized return rate of 64.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Magnolia Oil & Gas Corp has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of MGY stock at $25.44 per share and sell one contract of the Magnolia Oil & Gas Corp April 14, 2022 25 call for $1.27 for a net debit of $24.16 per share. This trade lasts 17 days, giving it an annualized return rate of 63.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of PXD stock at $256.71 per share and sell one contract of the Pioneer Natural Resources Compan April 14, 2022 255 call for $10.12 for a net debit of $246.59 per share. This trade lasts 17 days, giving it an annualized return rate of 62.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Allegheny Technologies Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of ATI stock at $27.91 per share and sell one contract of the Allegheny Technologies Inc April 14, 2022 27.5 call for $1.28 for a net debit of $26.62 per share. This trade lasts 17 days, giving it an annualized return rate of 60.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Evolent Health Inc Cl A Com has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of EVH stock at $30.87 per share and sell one contract of the Evolent Health Inc Cl A Com April 14, 2022 30 call for $1.80 for a net debit of $29.06 per share. This trade lasts 17 days, giving it an annualized return rate of 58.7% 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 EPAM Systems Inc (EPAM), Carnival Corp (CCL) and Linde PLC (LIN) are moving higher this morning, while Occidental Petroleum Corporation (OXY), Halliburton Company (HAL) and Marathon Oil Corporation (MRO) are headed lower. BASF SE (BASFY), Duckhorn Portfolio Inc (NAPA) and KLA Corp (KLAC) were upgraded by analysts this morning, while Adecco Group ADR (AHEXY), Buzzi Unicem Spa Unsponsored Italy ADR (BZZUY) and Heineken N.V. (HEINY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.31%, the Mumbai Sensex is up 0.4%, the Shanghai SE Composite Index is up 0.07% the Australia ASX All Ordinaries is down -0.01% and the Nikkei 225 is down -0.73%. In Europe stocks are up. The DAX is up 2.15%, the Euro Stoxx 50 is up 1.94%, the CAC 40 is up 1.88% and the FTSE 100 is up 0.65%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -6.82 at 107.08 per barrel. Brent crude is down -6.73 at 113.92 per barrel. Natural Gas is down -0.05 at 5.52. Precious metals are down this morning. Gold is down -26.35 at 1931.94 per ounce. Platinum is down -19.19 at 986.22 while silver is down -0.49 at 25.12. 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 up 6.05% to $47,246.33 while Ethereum is up 6.38% to $3,345.72. Equity PUT/CALL RATIO Yesterday, 1,782,357 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 897,405 put contracts. The single-session put/call ratio was 0.5. TODAY'S ECONOMIC CALENDAR Adv. Intl. Trade in Goods Feb 08:30 ET Adv. Retail Inventories Feb 08:30 ET Adv. Wholesale Inventories Feb 08:30 ET EARNINGS EXPECTED TODAY: XPEV, UNICY, XNGSY, GELYY, OPHLF, IKTSY, GLPEY, AU |