MORNING UPDATE: PriceWatch Alerts for AU and More... for 2022-03-07 |
| PriceWatch Alerts for AU, OMI, ITCI, EOG, NTR, FTNT, PANW, THC, COP, and CHK. Today's optimal covered call on Anglogold Ashanti Ltd ADR has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of AU stock at $25.07 per share and sell one contract of the Anglogold Ashanti Ltd ADR March 18, 2022 25 call for $1.07 for a net debit of $24.00 per share. This trade lasts 11 days, giving it an annualized return rate of 108.6% The risk assessment of this trade is 3 keys, (Moderate 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 $42.74 per share and sell one contract of the Owens & Minor March 18, 2022 42.5 call for $1.88 for a net debit of $40.86 per share. This trade lasts 11 days, giving it an annualized return rate of 105.0% 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 3.9%. To enter this trade, buy 100 shares of ITCI stock at $55.09 per share and sell one contract of the Intra-Cellular Ther March 18, 2022 55 call for $2.17 for a net debit of $52.92 per share. This trade lasts 11 days, giving it an annualized return rate of 102.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Eog Resources has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of EOG stock at $118.75 per share and sell one contract of the Eog Resources March 18, 2022 119 call for $4.15 for a net debit of $114.60 per share. This trade lasts 11 days, giving it an annualized return rate of 100.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Nutrien Ltd has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of NTR stock at $94.99 per share and sell one contract of the Nutrien Ltd March 18, 2022 95 call for $3.36 for a net debit of $91.63 per share. This trade lasts 11 days, giving it an annualized return rate of 95.9% 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 3.7%. To enter this trade, buy 100 shares of FTNT stock at $335.46 per share and sell one contract of the Fortinet Inc March 18, 2022 330 call for $17.16 for a net debit of $318.30 per share. This trade lasts 11 days, giving it an annualized return rate of 95.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Palo Alto Networks Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of PANW stock at $557.51 per share and sell one contract of the Palo Alto Networks Inc March 18, 2022 555 call for $21.80 for a net debit of $535.71 per share. This trade lasts 11 days, giving it an annualized return rate of 93.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tenet Healthcare Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of THC stock at $91.13 per share and sell one contract of the Tenet Healthcare Corp March 18, 2022 90 call for $4.24 for a net debit of $86.89 per share. This trade lasts 11 days, giving it an annualized return rate of 93.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Conocophillips has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of COP stock at $100.27 per share and sell one contract of the Conocophillips March 18, 2022 100 call for $3.72 for a net debit of $96.55 per share. This trade lasts 11 days, giving it an annualized return rate of 93.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Chesapeake Energy Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of CHK stock at $85.00 per share and sell one contract of the Chesapeake Energy Corp March 18, 2022 85 call for $2.92 for a net debit of $82.08 per share. This trade lasts 11 days, giving it an annualized return rate of 92.7% 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)! 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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 Occidental Petroleum Corporation (OXY), Coterra Energy Inc (CTRA) and Devon Energy Corp (DVN) are moving higher this morning, while S&P Global Inc (SPGI), Msci Inc (MSCI) and Lumen Technologies Inc (LUMN) are headed lower. Carter's, Inc. (CRI), AngloGold Ashanti Limited (AU) and United States Steel Corporation (X) were upgraded by analysts this morning, while Ralph Lauren Corp (RL), PVH Corp (PVH) and Draftkings Inc (DKNG) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -3.87%, the Nikkei 225 is down -2.94%, the Mumbai Sensex is down -2.74% the Shanghai SE Composite Index is down -2.17% and the Australia ASX All Ordinaries is down -1%.Stocks in Europe are down. The DAX is down -1.03%, the CAC 40 is down -0.86%, the FTSE 100 is down -0.41% and the Euro Stoxx 50 is down -0.2%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 4.92 at 120.6 per barrel. Brent crude is up 6.12 at 124.23 per barrel. Natural Gas is up 0.09 at 5.11. Precious metals are up this morning. Gold is up 14.48 at 1985.18 per ounce. Platinum is up 5.15 at 1133.22 while silver is up 0.09 at 25.88. 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 0.33% to $38,672.37 while Ethereum is down -2.14% to $2,563.79. Equity PUT/CALL RATIO Yesterday, 1,569,008 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,055,335 put contracts. The single-session put/call ratio was 0.67. TODAY'S ECONOMIC CALENDAR Consumer Credit Jan 15:00 ET EARNINGS EXPECTED TODAY: UNICY, BZLFY, OPHLF, CIEN |
