MORNING UPDATE: PriceWatch Alerts for DVY and More... for 2022-01-28 |
| PriceWatch Alerts for DVY, JETS, JBL, OIL, GIS, ILF, HRL, CALM, XLI, and INFY. Today's optimal covered call on Select Dividend Ishares ETF has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of DVY stock at $121.90 per share and sell one contract of the Select Dividend Ishares ETF February 18, 2022 121 call for $3.44 for a net debit of $118.46 per share. This trade lasts 21 days, giving it an annualized return rate of 35.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on US Global Jets ETF has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of JETS stock at $20.38 per share and sell one contract of the US Global Jets ETF March 18, 2022 19.86 call for $1.44 for a net debit of $18.94 per share. This trade lasts 49 days, giving it an annualized return rate of 35.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of JBL stock at $58.22 per share and sell one contract of the Jabil Circuit February 18, 2022 55 call for $4.23 for a net debit of $53.99 per share. This trade lasts 21 days, giving it an annualized return rate of 31.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of OIL stock at $26.67 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN April 14, 2022 26 call for $2.10 for a net debit of $24.58 per share. This trade lasts 76 days, giving it an annualized return rate of 27.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on General Mills has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of GIS stock at $68.35 per share and sell one contract of the General Mills February 18, 2022 67.5 call for $1.92 for a net debit of $66.43 per share. This trade lasts 21 days, giving it an annualized return rate of 26.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Latin America 40 Ishares ETF has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of ILF stock at $25.23 per share and sell one contract of the Latin America 40 Ishares ETF March 18, 2022 25 call for $1.09 for a net debit of $24.14 per share. This trade lasts 49 days, giving it an annualized return rate of 26.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Hormel Foods Corp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of HRL stock at $46.76 per share and sell one contract of the Hormel Foods Corp March 04, 2022 46 call for $1.90 for a net debit of $44.86 per share. This trade lasts 35 days, giving it an annualized return rate of 25.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cal-Maine Foods IN has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CALM stock at $38.80 per share and sell one contract of the Cal-Maine Foods IN March 18, 2022 37.5 call for $2.52 for a net debit of $36.27 per share. This trade lasts 49 days, giving it an annualized return rate of 24.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on S&P 500 Industrial Sector SPDR has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of XLI stock at $99.01 per share and sell one contract of the S&P 500 Industrial Sector SPDR February 18, 2022 99 call for $1.36 for a net debit of $97.66 per share. This trade lasts 21 days, giving it an annualized return rate of 22.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Infosys Ltd ADR has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of INFY stock at $21.81 per share and sell one contract of the Infosys Ltd ADR April 14, 2022 21 call for $1.76 for a net debit of $20.05 per share. This trade lasts 76 days, giving it an annualized return rate of 22.6% 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 Kimco Realty Corp (KIM), Visa Inc (V) and Juniper Networks, Inc. (JNPR) are moving higher this morning, while VF Corp (VFC), Chevron Corporation (CVX) and Under Armour Inc Class A (UAA) are headed lower. Agnico Eagle Mines Ltd (AEM), Axos Financial Inc (AX) and Reliance Steel & Aluminum Co (RS) were upgraded by analysts this morning, while Barclays PLC (BCS), Cortexyme Inc (CRTX) and Teradyne, Inc. (TER) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 2.13%, the Nikkei 225 is up 2.09%, the Mumbai Sensex is down -0.13% the Shanghai SE Composite Index is down -0.97% and the Hang Seng is down -1.08%. Stocks in Europe are down. The Euro Stoxx 50 is down -2.35%, the DAX is down -2.31%, the CAC 40 is down -2.21% and the FTSE 100 is down -1.64%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.22 at 87.83 per barrel. Brent crude is up 1.27 at 90.61 per barrel. Natural Gas is up 0.23 at 4.52. Precious metals are down this morning. Gold is down -6.07 at 1791.36 per ounce. Platinum is down -18.42 at 1008.04 while silver is down -0.23 at 22.45. 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 down -1.17% to $36,341.49 while Ethereum is down -3.55% to $2,379.50. Equity PUT/CALL RATIO Yesterday, 1,483,715 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,037,462 put contracts. The single-session put/call ratio was 0.7. TODAY'S ECONOMIC CALENDAR Leading Economic Index Dec 10:00 ET EARNINGS EXPECTED TODAY: HDB, SLB, INFO, HBAN, ALLY |
