MORNING UPDATE: PriceWatch Alerts for VALE and More...
PriceWatch Alerts for VALE, CARG, EQT, GNK, AU, LPX, CNC, aTI, OMI, and FTNT.
Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of VALE stock at $20.02 per share and sell one contract of the Vale S.A. ADR April 14, 2022 20 call for $0.84 for a net debit of $19.18 per share. This trade lasts 20 days, giving it an annualized return rate of 74.0% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Cargurus Inc Cl A has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of CARG stock at $42.82 per share and sell one contract of the Cargurus Inc Cl A April 14, 2022 42 call for $2.48 for a net debit of $40.34 per share. This trade lasts 20 days, giving it an annualized return rate of 71.3% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Eqt Corp has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of EQT stock at $30.74 per share and sell one contract of the Eqt Corp April 14, 2022 30 call for $1.92 for a net debit of $28.82 per share. This trade lasts 20 days, giving it an annualized return rate of 70.9% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Genco Shipping & Trading Ltd has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of GNK stock at $23.18 per share and sell one contract of the Genco Shipping & Trading Ltd April 14, 2022 22.5 call for $1.51 for a net debit of $21.67 per share. This trade lasts 20 days, giving it an annualized return rate of 66.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Anglogold Ashanti Ltd ADR has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of AU stock at $24.39 per share and sell one contract of the Anglogold Ashanti Ltd ADR April 14, 2022 24 call for $1.27 for a net debit of $23.12 per share. This trade lasts 20 days, giving it an annualized return rate of 66.2% 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 3.7%. To enter this trade, buy 100 shares of LPX stock at $65.51 per share and sell one contract of the Louisiana-Pacific Corp April 14, 2022 65 call for $2.83 for a net debit of $62.68 per share. This trade lasts 20 days, giving it an annualized return rate of 64.3% 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 1.4%. To enter this trade, buy 100 shares of CNC stock at $84.71 per share and sell one contract of the Centene Corp April 01, 2022 84 call for $1.87 for a net debit of $82.84 per share. This trade lasts 7 days, giving it an annualized return rate of 63.9% 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 3.6%. 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 $1.37 for a net debit of $26.54 per share. This trade lasts 20 days, giving it an annualized return rate of 62.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Owens & Minor has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of OMI stock at $43.34 per share and sell one contract of the Owens & Minor April 14, 2022 42.5 call for $2.32 for a net debit of $41.02 per share. This trade lasts 20 days, giving it an annualized return rate of 62.7% 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 3.5%. To enter this trade, buy 100 shares of FTNT stock at $335.71 per share and sell one contract of the Fortinet Inc April 14, 2022 330 call for $16.89 for a net debit of $318.82 per share. This trade lasts 20 days, giving it an annualized return rate of 60.9% The risk assessment of this trade is 4 keys, (Low 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
Arista Networks Inc (ANET), Nucor Corporation (NUE) and Las Vegas Sands Corp. (LVS) are moving higher this morning, while Equity Residential (EQR) is headed lower.Farfetch Ltd (FTCH), and Rio Tinto plc ADR Common Stock (RIO) were upgraded by analysts this morning, while Axalta Coating Systems Ltd (AXTA), Carnival Corp (CCL) and Honest Company Inc (HNST) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.27%, the Nikkei 225 is up 0.14%, the Mumbai Sensex is down -0.41% the Shanghai SE Composite Index is down -1.17% and the Hang Seng is down -2.47%. In Europe stocks are up. The DAX is up 0.92%, the Euro Stoxx 50 is up 0.91%, the CAC 40 is up 0.81% and the FTSE 100 is up 0.36%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -2.2 at 110.14 per barrel. Brent crude is down -2.18 at 116.85 per barrel. Natural Gas is up 0.06 at 5.46. Precious metals are down this morning. Gold is down -2.22 at 1955.47 per ounce. Platinum is down -2.91 at 1021.13 while silver is down -0.05 at 25.87. 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 3.59% to $44,527.73 while Ethereum is up 3.76% to $3,165.44.
Equity PUT/CALL RATIO
Yesterday, 1,569,275 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 744,271 put contracts. The single-session put/call ratio was 0.47.
TODAY'S ECONOMIC CALENDAR
Pending Home Sales Feb 10:00
University of Michigan Consumer Sentiment - Final Mar 10:00
EARNINGS EXPECTED TODAY:
DOOO
Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of VALE stock at $20.02 per share and sell one contract of the Vale S.A. ADR April 14, 2022 20 call for $0.84 for a net debit of $19.18 per share. This trade lasts 20 days, giving it an annualized return rate of 74.0% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Cargurus Inc Cl A has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of CARG stock at $42.82 per share and sell one contract of the Cargurus Inc Cl A April 14, 2022 42 call for $2.48 for a net debit of $40.34 per share. This trade lasts 20 days, giving it an annualized return rate of 71.3% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Eqt Corp has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of EQT stock at $30.74 per share and sell one contract of the Eqt Corp April 14, 2022 30 call for $1.92 for a net debit of $28.82 per share. This trade lasts 20 days, giving it an annualized return rate of 70.9% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Genco Shipping & Trading Ltd has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of GNK stock at $23.18 per share and sell one contract of the Genco Shipping & Trading Ltd April 14, 2022 22.5 call for $1.51 for a net debit of $21.67 per share. This trade lasts 20 days, giving it an annualized return rate of 66.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Anglogold Ashanti Ltd ADR has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of AU stock at $24.39 per share and sell one contract of the Anglogold Ashanti Ltd ADR April 14, 2022 24 call for $1.27 for a net debit of $23.12 per share. This trade lasts 20 days, giving it an annualized return rate of 66.2% 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 3.7%. To enter this trade, buy 100 shares of LPX stock at $65.51 per share and sell one contract of the Louisiana-Pacific Corp April 14, 2022 65 call for $2.83 for a net debit of $62.68 per share. This trade lasts 20 days, giving it an annualized return rate of 64.3% 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 1.4%. To enter this trade, buy 100 shares of CNC stock at $84.71 per share and sell one contract of the Centene Corp April 01, 2022 84 call for $1.87 for a net debit of $82.84 per share. This trade lasts 7 days, giving it an annualized return rate of 63.9% 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 3.6%. 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 $1.37 for a net debit of $26.54 per share. This trade lasts 20 days, giving it an annualized return rate of 62.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Owens & Minor has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of OMI stock at $43.34 per share and sell one contract of the Owens & Minor April 14, 2022 42.5 call for $2.32 for a net debit of $41.02 per share. This trade lasts 20 days, giving it an annualized return rate of 62.7% 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 3.5%. To enter this trade, buy 100 shares of FTNT stock at $335.71 per share and sell one contract of the Fortinet Inc April 14, 2022 330 call for $16.89 for a net debit of $318.82 per share. This trade lasts 20 days, giving it an annualized return rate of 60.9% The risk assessment of this trade is 4 keys, (Low 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
Arista Networks Inc (ANET), Nucor Corporation (NUE) and Las Vegas Sands Corp. (LVS) are moving higher this morning, while Equity Residential (EQR) is headed lower.Farfetch Ltd (FTCH), and Rio Tinto plc ADR Common Stock (RIO) were upgraded by analysts this morning, while Axalta Coating Systems Ltd (AXTA), Carnival Corp (CCL) and Honest Company Inc (HNST) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.27%, the Nikkei 225 is up 0.14%, the Mumbai Sensex is down -0.41% the Shanghai SE Composite Index is down -1.17% and the Hang Seng is down -2.47%. In Europe stocks are up. The DAX is up 0.92%, the Euro Stoxx 50 is up 0.91%, the CAC 40 is up 0.81% and the FTSE 100 is up 0.36%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -2.2 at 110.14 per barrel. Brent crude is down -2.18 at 116.85 per barrel. Natural Gas is up 0.06 at 5.46. Precious metals are down this morning. Gold is down -2.22 at 1955.47 per ounce. Platinum is down -2.91 at 1021.13 while silver is down -0.05 at 25.87. 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 3.59% to $44,527.73 while Ethereum is up 3.76% to $3,165.44.
Equity PUT/CALL RATIO
Yesterday, 1,569,275 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 744,271 put contracts. The single-session put/call ratio was 0.47.
TODAY'S ECONOMIC CALENDAR
Pending Home Sales Feb 10:00
University of Michigan Consumer Sentiment - Final Mar 10:00
EARNINGS EXPECTED TODAY:
DOOO
