MORNING UPDATE: PriceWatch Alerts for SGH and More... for 2022-02-28 |
| PriceWatch Alerts for SGH, AXP, EXTR, TSCO, UPS, AAPL, GLW, VRTX, BKR, and PNC. Today's optimal covered call on Smart Global Holdings Inc has an assigned return rate of 7.5%. To enter this trade, buy 100 shares of SGH stock at $28.11 per share and sell one contract of the Smart Global Holdings Inc April 14, 2022 27.5 call for $2.54 for a net debit of $25.57 per share. This trade lasts 45 days, giving it an annualized return rate of 57.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on American Express Company has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of AXP stock at $193.71 per share and sell one contract of the American Express Company March 11, 2022 192.5 call for $5.25 for a net debit of $188.46 per share. This trade lasts 11 days, giving it an annualized return rate of 56.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Extreme Networks has an assigned return rate of 7.3%. To enter this trade, buy 100 shares of EXTR stock at $12.00 per share and sell one contract of the Extreme Networks April 14, 2022 12 call for $0.82 for a net debit of $11.18 per share. This trade lasts 45 days, giving it an annualized return rate of 55.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tractor Supply Company has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of TSCO stock at $200.67 per share and sell one contract of the Tractor Supply Company March 11, 2022 200 call for $4.82 for a net debit of $195.85 per share. This trade lasts 11 days, giving it an annualized return rate of 55.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on United Parcel Service has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of UPS stock at $209.95 per share and sell one contract of the United Parcel Service March 11, 2022 210 call for $4.24 for a net debit of $205.71 per share. This trade lasts 11 days, giving it an annualized return rate of 54.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Apple Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of AAPL stock at $164.85 per share and sell one contract of the Apple Inc March 11, 2022 165 call for $3.22 for a net debit of $161.64 per share. This trade lasts 11 days, giving it an annualized return rate of 54.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Corning Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of GLW stock at $41.10 per share and sell one contract of the Corning Inc March 11, 2022 41 call for $0.93 for a net debit of $40.17 per share. This trade lasts 11 days, giving it an annualized return rate of 54.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Vertex Pharmaceutic has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of VRTX stock at $230.30 per share and sell one contract of the Vertex Pharmaceutic March 11, 2022 230 call for $4.97 for a net debit of $225.33 per share. This trade lasts 11 days, giving it an annualized return rate of 54.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Baker Hughes A Ge Co. Cl A has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of BKR stock at $29.50 per share and sell one contract of the Baker Hughes A Ge Co. Cl A March 18, 2022 29 call for $1.37 for a net debit of $28.13 per share. This trade lasts 18 days, giving it an annualized return rate of 53.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on PNC Bank has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of PNC stock at $202.67 per share and sell one contract of the PNC Bank March 11, 2022 202.5 call for $4.22 for a net debit of $198.45 per share. This trade lasts 11 days, giving it an annualized return rate of 53.2% 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. 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Class A Common Stock (BIO) are moving higher this morning, while Interpublic Group of Companies Inc (IPG), KeyCorp (KEY) and Welltower Inc (WELL) are headed lower. American Axle & Manufact. Holdings, Inc. (AXL), American Electric Power Company Inc (AEP) and Lockheed Martin Corporation (LMT) were upgraded by analysts this morning, while Abby Inc (ABBY), Bally's Corp (BALY) and Lear Corporation (LEA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.7%, the Australia ASX All Ordinaries is up 0.68%, the Shanghai SE Composite Index is up 0.32% the Nikkei 225 is up 0.19% and the Hang Seng is down -0.24%. Stocks in Europe are down. The CAC 40 is down -2.28%, the Euro Stoxx 50 is down -2.19%, the DAX is down -1.51% and the FTSE 100 is down -0.68%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 3.51 at 95.1 per barrel. Brent crude is up 2.21 at 100.14 per barrel. Natural Gas is up 0.08 at 4.55. Precious metals are up this morning. Gold is up 21.86 at 1911.2 per ounce. Platinum is up 2.29 at 1061.64 while silver is up 0.4 at 24.42. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Bitcoin is down -3.64% to $38,238.99 while Ethereum is down -6.7% to $2,633.74. Equity PUT/CALL RATIO Yesterday, 1,766,910 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,012,651 put contracts. The single-session put/call ratio was 0.57. TODAY'S ECONOMIC CALENDAR Adv. Retail Inventories Jan 08:30 ET Adv. Wholesale Inventories Jan 08:30 ET Chicago PMI Feb 09:45 ET EARNINGS EXPECTED TODAY: WDAY, LCID, ZM, HPQ, SBAC, OKE, FMX, CLPHY |
