MORNING UPDATE: PriceWatch Alerts for STNG and More... for 2022-03-16 |
| PriceWatch Alerts for STNG, PXD, TENB, SU, SYY, FTNT, CNC, LPX, CHK, and EQT. Today's optimal covered call on Scorpio Tankers Inc has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of STNG stock at $17.48 per share and sell one contract of the Scorpio Tankers Inc April 14, 2022 17 call for $1.62 for a net debit of $15.86 per share. This trade lasts 29 days, giving it an annualized return rate of 87.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of PXD stock at $227.79 per share and sell one contract of the Pioneer Natural Resources Compan March 25, 2022 227.5 call for $5.46 for a net debit of $222.33 per share. This trade lasts 9 days, giving it an annualized return rate of 84.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tenable Holdings Inc has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of TENB stock at $50.16 per share and sell one contract of the Tenable Holdings Inc April 14, 2022 50 call for $3.33 for a net debit of $46.83 per share. This trade lasts 29 days, giving it an annualized return rate of 82.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Suncor Energy Inc has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of SU stock at $29.71 per share and sell one contract of the Suncor Energy Inc April 01, 2022 29.5 call for $1.26 for a net debit of $28.44 per share. This trade lasts 16 days, giving it an annualized return rate of 79.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Sysco Corp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of SYY stock at $77.79 per share and sell one contract of the Sysco Corp March 25, 2022 77 call for $2.40 for a net debit of $75.40 per share. This trade lasts 9 days, giving it an annualized return rate of 77.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Fortinet Inc has an assigned return rate of 6.1%. To enter this trade, buy 100 shares of FTNT stock at $283.32 per share and sell one contract of the Fortinet Inc April 14, 2022 280 call for $19.51 for a net debit of $263.81 per share. This trade lasts 29 days, giving it an annualized return rate of 74.7% 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 2.0%. To enter this trade, buy 100 shares of CNC stock at $85.61 per share and sell one contract of the Centene Corp March 25, 2022 85 call for $2.28 for a net debit of $83.33 per share. This trade lasts 9 days, giving it an annualized return rate of 73.1% 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 5.7%. To enter this trade, buy 100 shares of LPX stock at $68.43 per share and sell one contract of the Louisiana-Pacific Corp April 14, 2022 67.5 call for $4.54 for a net debit of $63.89 per share. This trade lasts 29 days, giving it an annualized return rate of 68.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Chesapeake Energy Corp has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of CHK stock at $75.46 per share and sell one contract of the Chesapeake Energy Corp April 14, 2022 75 call for $4.44 for a net debit of $71.02 per share. This trade lasts 29 days, giving it an annualized return rate of 68.2% 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 5.6%. To enter this trade, buy 100 shares of EQT stock at $25.64 per share and sell one contract of the Eqt Corp April 14, 2022 25 call for $1.96 for a net debit of $23.68 per share. This trade lasts 29 days, giving it an annualized return rate of 68.1% 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)! 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. 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(LVS), EPAM Systems Inc (EPAM) and Linde PLC (LIN) are moving higher this morning, while Lockheed Martin Corporation (LMT), Global Payments Inc (GPN) and Northrop Grumman Corporation (NOC) are headed lower. ACADIA Pharmaceuticals Inc. (ACAD), Host Hotels and Resorts Inc (HST) and Micron Technology, Inc. (MU) were upgraded by analysts this morning, while SoFi Technologies Inc (SOFI), and SSR Mining Inc (SSRM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 9.08%, the Shanghai SE Composite Index is up 3.48%, the Mumbai Sensex is up 1.86% the Nikkei 225 is up 1.64% and the Australia ASX All Ordinaries is up 1.08%. In Europe stocks are up. The Euro Stoxx 50 is up 3.91%, the CAC 40 is up 3.7%, the DAX is up 3.38% and the FTSE 100 is up 1.28%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.24 at 96.2 per barrel. Brent crude is down -0.26 at 99.65 per barrel. Natural Gas is up 0.08 at 4.65. Precious metals are mixed this morning. Gold is up 5.8 at 1923.74 per ounce. Platinum is up 33.41 at 1022.25 while silver is down -0.07 at 25.09. 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 4.86% to $40,553.09 while Ethereum is up 6.04% to $2,688.68. Equity PUT/CALL RATIO Yesterday, 1,134,926 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 799,228 put contracts. The single-session put/call ratio was 0.7. TODAY'S ECONOMIC CALENDAR Retail Sales Feb 8:30 EIA Crude Oil Inventories 3/12 10:30 FOMC Rate Decision Mar 2:00PM EARNINGS EXPECTED TODAY: JBL, DOYU, ZTO, LEN, WSM, GES |
