MORNING UPDATE: PriceWatch Alerts for OVV and More...
PriceWatch Alerts for OVV, VALE, PDCE, EQT, TENB, CARG, FTNT, GLNG, TALO, and OMI.
Today's optimal covered call on Ovintiv Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of OVV stock at $50.74 per share and sell one contract of the Ovintiv Inc April 14, 2022 50 call for $3.22 for a net debit of $47.52 per share. This trade lasts 23 days, giving it an annualized return rate of 79.4% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 5.1%. 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 14, 2022 20 call for $0.90 for a net debit of $19.04 per share. This trade lasts 23 days, giving it an annualized return rate of 76.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Pdc Energy Inc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of PDCE stock at $69.69 per share and sell one contract of the Pdc Energy Inc April 14, 2022 69.5 call for $3.42 for a net debit of $66.27 per share. This trade lasts 23 days, giving it an annualized return rate of 74.1% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Eqt Corp has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of EQT stock at $28.42 per share and sell one contract of the Eqt Corp April 14, 2022 28 call for $1.66 for a net debit of $26.76 per share. This trade lasts 23 days, giving it an annualized return rate of 70.8% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Tenable Holdings Inc has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of TENB stock at $55.53 per share and sell one contract of the Tenable Holdings Inc April 14, 2022 55 call for $2.95 for a net debit of $52.58 per share. This trade lasts 23 days, giving it an annualized return rate of 70.0% 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 4.4%. To enter this trade, buy 100 shares of CARG stock at $43.72 per share and sell one contract of the Cargurus Inc Cl A April 14, 2022 43 call for $2.54 for a net debit of $41.18 per share. This trade lasts 23 days, giving it an annualized return rate of 67.0% 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 4.4%. To enter this trade, buy 100 shares of FTNT stock at $314.53 per share and sell one contract of the Fortinet Inc April 14, 2022 310 call for $17.48 for a net debit of $297.05 per share. This trade lasts 23 days, giving it an annualized return rate of 66.3% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Golar Lng Ltd has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of GLNG stock at $21.00 per share and sell one contract of the Golar Lng Ltd April 14, 2022 20 call for $1.80 for a net debit of $19.20 per share. This trade lasts 23 days, giving it an annualized return rate of 63.8% 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 10.2%. To enter this trade, buy 100 shares of TALO stock at $15.48 per share and sell one contract of the Talos Energy Inc May 20, 2022 15 call for $1.86 for a net debit of $13.62 per share. This trade lasts 59 days, giving it an annualized return rate of 61.9% 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 4.0%. To enter this trade, buy 100 shares of OMI stock at $45.58 per share and sell one contract of the Owens & Minor April 14, 2022 45 call for $2.29 for a net debit of $43.29 per share. This trade lasts 23 days, giving it an annualized return rate of 60.1% 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
Nike Inc (NKE), Under Armour Inc Class A (UAA) and Alaska Air Group, Inc. (ALK) are moving higher this morning, while Coterra Energy Inc (CTRA), Philip Morris International Inc. (PM) and LyondellBasell Industries NV (LYB) are headed lower. Ryanair Holdings plc (RYAAY), Cronos Group Inc (CRON) and Sherwin-Williams Co (SHW) were upgraded by analysts this morning, while Canopy Growth Corp (CGC), TransAlta Corporation (TAC) and ORIC Pharmaceuticals Inc (ORIC) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are up. The Hang Seng is up 3.15%, the Nikkei 225 is up 1.48%, the Mumbai Sensex is up 1.22% the Australia ASX All Ordinaries is up 0.82% and the Shanghai SE Composite Index is up 0.19%. In Europe stocks are up. The Euro Stoxx 50 is up 0.8%, the DAX is up 0.75%, the CAC 40 is up 0.62% and the FTSE 100 is up 0.44%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.2 at 111.92 per barrel. Brent crude is down -0.26 at 115.36 per barrel. Natural Gas is up 0.06 at 4.96. Precious metals are down this morning. Gold is down -8.33 at 1927.58 per ounce. Platinum is down -8.19 at 1032.52 while silver is down -0.04 at 25.28. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Bitcoin is up 4.07% to $42,937.83 while Ethereum is up 3.85% to $3,019.72.
Equity PUT/CALL RATIO
Yesterday, 1,602,929 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 740,418 put contracts. The single-session put/call ratio was 0.46.
TODAY'S ECONOMIC CALENDAR
No events scheduled today.
EARNINGS EXPECTED TODAY:
ADBE, PNGAY, DKILY, ISNPY, OVCHY, HLDCY, CCL, SYIEY, NVZMY, COIHY, COVTY
Today's optimal covered call on Ovintiv Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of OVV stock at $50.74 per share and sell one contract of the Ovintiv Inc April 14, 2022 50 call for $3.22 for a net debit of $47.52 per share. This trade lasts 23 days, giving it an annualized return rate of 79.4% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Vale S.A. ADR has an assigned return rate of 5.1%. 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 14, 2022 20 call for $0.90 for a net debit of $19.04 per share. This trade lasts 23 days, giving it an annualized return rate of 76.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Pdc Energy Inc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of PDCE stock at $69.69 per share and sell one contract of the Pdc Energy Inc April 14, 2022 69.5 call for $3.42 for a net debit of $66.27 per share. This trade lasts 23 days, giving it an annualized return rate of 74.1% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Eqt Corp has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of EQT stock at $28.42 per share and sell one contract of the Eqt Corp April 14, 2022 28 call for $1.66 for a net debit of $26.76 per share. This trade lasts 23 days, giving it an annualized return rate of 70.8% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Tenable Holdings Inc has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of TENB stock at $55.53 per share and sell one contract of the Tenable Holdings Inc April 14, 2022 55 call for $2.95 for a net debit of $52.58 per share. This trade lasts 23 days, giving it an annualized return rate of 70.0% 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 4.4%. To enter this trade, buy 100 shares of CARG stock at $43.72 per share and sell one contract of the Cargurus Inc Cl A April 14, 2022 43 call for $2.54 for a net debit of $41.18 per share. This trade lasts 23 days, giving it an annualized return rate of 67.0% 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 4.4%. To enter this trade, buy 100 shares of FTNT stock at $314.53 per share and sell one contract of the Fortinet Inc April 14, 2022 310 call for $17.48 for a net debit of $297.05 per share. This trade lasts 23 days, giving it an annualized return rate of 66.3% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Golar Lng Ltd has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of GLNG stock at $21.00 per share and sell one contract of the Golar Lng Ltd April 14, 2022 20 call for $1.80 for a net debit of $19.20 per share. This trade lasts 23 days, giving it an annualized return rate of 63.8% 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 10.2%. To enter this trade, buy 100 shares of TALO stock at $15.48 per share and sell one contract of the Talos Energy Inc May 20, 2022 15 call for $1.86 for a net debit of $13.62 per share. This trade lasts 59 days, giving it an annualized return rate of 61.9% 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 4.0%. To enter this trade, buy 100 shares of OMI stock at $45.58 per share and sell one contract of the Owens & Minor April 14, 2022 45 call for $2.29 for a net debit of $43.29 per share. This trade lasts 23 days, giving it an annualized return rate of 60.1% 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
Nike Inc (NKE), Under Armour Inc Class A (UAA) and Alaska Air Group, Inc. (ALK) are moving higher this morning, while Coterra Energy Inc (CTRA), Philip Morris International Inc. (PM) and LyondellBasell Industries NV (LYB) are headed lower. Ryanair Holdings plc (RYAAY), Cronos Group Inc (CRON) and Sherwin-Williams Co (SHW) were upgraded by analysts this morning, while Canopy Growth Corp (CGC), TransAlta Corporation (TAC) and ORIC Pharmaceuticals Inc (ORIC) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are up. The Hang Seng is up 3.15%, the Nikkei 225 is up 1.48%, the Mumbai Sensex is up 1.22% the Australia ASX All Ordinaries is up 0.82% and the Shanghai SE Composite Index is up 0.19%. In Europe stocks are up. The Euro Stoxx 50 is up 0.8%, the DAX is up 0.75%, the CAC 40 is up 0.62% and the FTSE 100 is up 0.44%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.2 at 111.92 per barrel. Brent crude is down -0.26 at 115.36 per barrel. Natural Gas is up 0.06 at 4.96. Precious metals are down this morning. Gold is down -8.33 at 1927.58 per ounce. Platinum is down -8.19 at 1032.52 while silver is down -0.04 at 25.28. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Bitcoin is up 4.07% to $42,937.83 while Ethereum is up 3.85% to $3,019.72.
Equity PUT/CALL RATIO
Yesterday, 1,602,929 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 740,418 put contracts. The single-session put/call ratio was 0.46.
TODAY'S ECONOMIC CALENDAR
No events scheduled today.
EARNINGS EXPECTED TODAY:
ADBE, PNGAY, DKILY, ISNPY, OVCHY, HLDCY, CCL, SYIEY, NVZMY, COIHY, COVTY
