MORNING UPDATE: PriceWatch Alerts for OIL and More...
PriceWatch Alerts for OIL, GLD, PG, GIS, CAG, SLV, DBC, DBA, EWH, and UUP.
Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of OIL stock at $26.88 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN April 14, 2022 26 call for $2.24 for a net debit of $24.64 per share. This trade lasts 71 days, giving it an annualized return rate of 27.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Gold SPDR has an assigned return rate of 0.8%. To enter this trade, buy 100 shares of GLD stock at $168.23 per share and sell one contract of the Gold SPDR February 11, 2022 167.5 call for $1.99 for a net debit of $166.24 per share. This trade lasts 9 days, giving it an annualized return rate of 27.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Procter & Gamble Company has an assigned return rate of 0.7%. To enter this trade, buy 100 shares of PG stock at $159.74 per share and sell one contract of the Procter & Gamble Company February 11, 2022 157.5 call for $3.28 for a net debit of $156.47 per share. This trade lasts 9 days, giving it an annualized return rate of 24.1% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on General Mills has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of GIS stock at $68.25 per share and sell one contract of the General Mills March 18, 2022 67.5 call for $2.34 for a net debit of $65.91 per share. This trade lasts 44 days, giving it an annualized return rate of 19.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of CAG stock at $34.97 per share and sell one contract of the Conagra Brands Inc June 17, 2022 35 call for $1.82 for a net debit of $33.15 per share. This trade lasts 135 days, giving it an annualized return rate of 15.0% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of SLV stock at $20.94 per share and sell one contract of the Silver Trust Ishares June 17, 2022 20 call for $1.92 for a net debit of $19.02 per share. This trade lasts 135 days, giving it an annualized return rate of 13.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB Commodity Index Fund Invesco has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of DBC stock at $22.51 per share and sell one contract of the DB Commodity Index Fund Invesco July 15, 2022 22 call for $1.48 for a net debit of $21.04 per share. This trade lasts 163 days, giving it an annualized return rate of 10.2% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB Agriculture Fund Invesco has an assigned return rate of 8.0%. To enter this trade, buy 100 shares of DBA stock at $20.47 per share and sell one contract of the DB Agriculture Fund Invesco January 20, 2023 20 call for $1.96 for a net debit of $18.52 per share. This trade lasts 352 days, giving it an annualized return rate of 8.3% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Hong Kong Ishares MSCI ETF has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of EWH stock at $23.84 per share and sell one contract of the Hong Kong Ishares MSCI ETF January 20, 2023 23 call for $1.75 for a net debit of $22.09 per share. This trade lasts 352 days, giving it an annualized return rate of 4.3% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB US Dollar Index Bullish Fund has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of UUP stock at $25.80 per share and sell one contract of the DB US Dollar Index Bullish Fund January 19, 2024 25 call for $1.76 for a net debit of $24.04 per share. This trade lasts 716 days, giving it an annualized return rate of 2.0% 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
Under Armour Inc Class A (UAA), Bath & Body Works Inc (BBWI) and Marathon Petroleum Corp (MPC) are moving higher this morning, while Boston Scientific Corporation (BSX), Amcor PLC (AMCR) and Clorox Co (CLX) are headed lower. Valaris Ltd (VAL), Webster Financial Corporation (WBS) and SGL Carbon SE (SGLFF) were upgraded by analysts this morning, while Kimberly Clark Corp (KMB), Electric Last Mile Solutions Inc (ELMS) and Clorox Co (CLX) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Nikkei 225 is up 1.68%, the Australia ASX All Ordinaries is up 1.19%, the Mumbai Sensex is up 1.18% the Hang Seng is up 1.07% and the Shanghai SE Composite Index is down -0.97%. In Europe stocks are up. The FTSE 100 is up 0.73%, the CAC 40 is up 0.55%, the Euro Stoxx 50 is up 0.51% and the DAX is up 0.36%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.4 at 88.6 per barrel. Brent crude is up 0.31 at 89.47 per barrel. Natural Gas is up 0.45 at 5.2. Precious metals are up this morning. Gold is up 3.81 at 1805 per ounce. Platinum is up 16.22 at 1045.95 while silver is up 0.25 at 22.85. 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 down -0.08% to $38,631.55 while Ethereum is up 0.34% to $2,791.94.
Equity PUT/CALL RATIO
Yesterday, 1,323,741 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 699,479 put contracts. The single-session put/call ratio was 0.53.
TODAY'S ECONOMIC CALENDAR
ADP Employment Change Jan 08:15 ET
EIA Crude Oil Inventories 01/29 10:30 ET
EARNINGS EXPECTED TODAY:
FB, ABBV, NVO, TMO, NVS, QCOM, SONY, SIEGY, TMUS, WM, BSX, SAN, MET
Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of OIL stock at $26.88 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN April 14, 2022 26 call for $2.24 for a net debit of $24.64 per share. This trade lasts 71 days, giving it an annualized return rate of 27.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Gold SPDR has an assigned return rate of 0.8%. To enter this trade, buy 100 shares of GLD stock at $168.23 per share and sell one contract of the Gold SPDR February 11, 2022 167.5 call for $1.99 for a net debit of $166.24 per share. This trade lasts 9 days, giving it an annualized return rate of 27.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Procter & Gamble Company has an assigned return rate of 0.7%. To enter this trade, buy 100 shares of PG stock at $159.74 per share and sell one contract of the Procter & Gamble Company February 11, 2022 157.5 call for $3.28 for a net debit of $156.47 per share. This trade lasts 9 days, giving it an annualized return rate of 24.1% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on General Mills has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of GIS stock at $68.25 per share and sell one contract of the General Mills March 18, 2022 67.5 call for $2.34 for a net debit of $65.91 per share. This trade lasts 44 days, giving it an annualized return rate of 19.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of CAG stock at $34.97 per share and sell one contract of the Conagra Brands Inc June 17, 2022 35 call for $1.82 for a net debit of $33.15 per share. This trade lasts 135 days, giving it an annualized return rate of 15.0% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of SLV stock at $20.94 per share and sell one contract of the Silver Trust Ishares June 17, 2022 20 call for $1.92 for a net debit of $19.02 per share. This trade lasts 135 days, giving it an annualized return rate of 13.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB Commodity Index Fund Invesco has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of DBC stock at $22.51 per share and sell one contract of the DB Commodity Index Fund Invesco July 15, 2022 22 call for $1.48 for a net debit of $21.04 per share. This trade lasts 163 days, giving it an annualized return rate of 10.2% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB Agriculture Fund Invesco has an assigned return rate of 8.0%. To enter this trade, buy 100 shares of DBA stock at $20.47 per share and sell one contract of the DB Agriculture Fund Invesco January 20, 2023 20 call for $1.96 for a net debit of $18.52 per share. This trade lasts 352 days, giving it an annualized return rate of 8.3% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Hong Kong Ishares MSCI ETF has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of EWH stock at $23.84 per share and sell one contract of the Hong Kong Ishares MSCI ETF January 20, 2023 23 call for $1.75 for a net debit of $22.09 per share. This trade lasts 352 days, giving it an annualized return rate of 4.3% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on DB US Dollar Index Bullish Fund has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of UUP stock at $25.80 per share and sell one contract of the DB US Dollar Index Bullish Fund January 19, 2024 25 call for $1.76 for a net debit of $24.04 per share. This trade lasts 716 days, giving it an annualized return rate of 2.0% 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
Under Armour Inc Class A (UAA), Bath & Body Works Inc (BBWI) and Marathon Petroleum Corp (MPC) are moving higher this morning, while Boston Scientific Corporation (BSX), Amcor PLC (AMCR) and Clorox Co (CLX) are headed lower. Valaris Ltd (VAL), Webster Financial Corporation (WBS) and SGL Carbon SE (SGLFF) were upgraded by analysts this morning, while Kimberly Clark Corp (KMB), Electric Last Mile Solutions Inc (ELMS) and Clorox Co (CLX) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Nikkei 225 is up 1.68%, the Australia ASX All Ordinaries is up 1.19%, the Mumbai Sensex is up 1.18% the Hang Seng is up 1.07% and the Shanghai SE Composite Index is down -0.97%. In Europe stocks are up. The FTSE 100 is up 0.73%, the CAC 40 is up 0.55%, the Euro Stoxx 50 is up 0.51% and the DAX is up 0.36%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.4 at 88.6 per barrel. Brent crude is up 0.31 at 89.47 per barrel. Natural Gas is up 0.45 at 5.2. Precious metals are up this morning. Gold is up 3.81 at 1805 per ounce. Platinum is up 16.22 at 1045.95 while silver is up 0.25 at 22.85. 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 down -0.08% to $38,631.55 while Ethereum is up 0.34% to $2,791.94.
Equity PUT/CALL RATIO
Yesterday, 1,323,741 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 699,479 put contracts. The single-session put/call ratio was 0.53.
TODAY'S ECONOMIC CALENDAR
ADP Employment Change Jan 08:15 ET
EIA Crude Oil Inventories 01/29 10:30 ET
EARNINGS EXPECTED TODAY:
FB, ABBV, NVO, TMO, NVS, QCOM, SONY, SIEGY, TMUS, WM, BSX, SAN, MET
