MORNING UPDATE: PriceWatch Alerts for CSCO and More... for 2022-01-06 |
| PriceWatch Alerts for CSCO, KR, TOL, HPQ, SJM, AZEK, PLAB, TSN, BNS, and HRL. Today's optimal covered call on Cisco Systems Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of CSCO stock at $60.28 per share and sell one contract of the Cisco Systems Inc January 21, 2022 60 call for $1.23 for a net debit of $59.05 per share. This trade lasts 15 days, giving it an annualized return rate of 36.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Kroger Company has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of KR stock at $46.81 per share and sell one contract of the Kroger Company February 11, 2022 47 call for $1.47 for a net debit of $45.34 per share. This trade lasts 36 days, giving it an annualized return rate of 36.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of TOL stock at $69.58 per share and sell one contract of the Toll Brothers Inc February 04, 2022 69 call for $2.52 for a net debit of $67.06 per share. This trade lasts 29 days, giving it an annualized return rate of 35.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on HP Inc has an assigned return rate of 6.1%. To enter this trade, buy 100 shares of HPQ stock at $38.87 per share and sell one contract of the HP Inc March 18, 2022 39 call for $2.11 for a net debit of $36.76 per share. This trade lasts 71 days, giving it an annualized return rate of 30.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on J.M. Smucker Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of SJM stock at $141.01 per share and sell one contract of the J.M. Smucker Company January 21, 2022 140 call for $2.64 for a net debit of $138.38 per share. This trade lasts 15 days, giving it an annualized return rate of 26.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on The Azek Company Cl A has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of AZEK stock at $43.47 per share and sell one contract of the The Azek Company Cl A February 18, 2022 40 call for $4.43 for a net debit of $39.04 per share. This trade lasts 43 days, giving it an annualized return rate of 20.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Photronics Inc has an assigned return rate of 8.9%. To enter this trade, buy 100 shares of PLAB stock at $19.00 per share and sell one contract of the Photronics Inc June 17, 2022 17.5 call for $2.93 for a net debit of $16.07 per share. This trade lasts 162 days, giving it an annualized return rate of 19.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tyson Foods has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of TSN stock at $89.72 per share and sell one contract of the Tyson Foods February 18, 2022 87.5 call for $4.17 for a net debit of $85.55 per share. This trade lasts 43 days, giving it an annualized return rate of 18.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Bank of Nova Scotia has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BNS stock at $70.70 per share and sell one contract of the Bank of Nova Scotia February 18, 2022 70 call for $1.92 for a net debit of $68.78 per share. This trade lasts 43 days, giving it an annualized return rate of 14.7% 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 2.8%. To enter this trade, buy 100 shares of HRL stock at $49.64 per share and sell one contract of the Hormel Foods Corp March 18, 2022 49 call for $1.98 for a net debit of $47.66 per share. This trade lasts 71 days, giving it an annualized return rate of 14.3% 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. 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 Occidental Petroleum Corporation (OXY), Constellation Brands, Inc. Class A (STZ) and Marathon Oil Corporation (MRO) are moving higher this morning, while Humana Inc (HUM), Dollar General Corp. (DG) and Conagra Brands Inc (CAG) are headed lower. Allbirds Inc (BIRD), Avis Budget Group Inc. (CAR) and Veeva Systems Inc (VEEV) were upgraded by analysts this morning, while Adagio Therapeutics Inc (ADGI), ADT Inc (ADT) and Phreesia Inc (PHR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.72%, the Shanghai SE Composite Index is down -0.25%, the Mumbai Sensex is down -1.03% the Australia ASX All Ordinaries is down -2.79% and the Nikkei 225 is down -2.88%. Stocks in Europe are down. The Euro Stoxx 50 is down -1.35%, the CAC 40 is down -1.27%, the DAX is down -1.18% and the FTSE 100 is down -0.56%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 1.13 at 78.98 per barrel. Brent crude is up 1.05 at 81.85 per barrel. Natural Gas is down -0.07 at 3.82. Precious metals are down this morning. Gold is down -20.9 at 1789.54 per ounce. Platinum is down -13.29 at 973.11 while silver is down -1.01 at 22.16. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. Bitcoin is down -6.71% to $43,075.41 while Ethereum is down -10.65% to $3,382.62. Equity PUT/CALL RATIO Yesterday, 1,762,660 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,006,303 put contracts. The single-session put/call ratio was 0.57. TODAY'S ECONOMIC CALENDAR Continuing Claims 12/24 08:30 ET Initial Claims 1/1 08:30 ET ISM Non-Manufacturing Index Dec 10:00 ET EARNINGS EXPECTED TODAY: TOELY, NABZY, STZ, WBA, TKOMY, KNYJY, TRUMY |
