MORNING UPDATE: PriceWatch Alerts for BOX and More... for 2022-01-04 |
| PriceWatch Alerts for BOX, TJX, CPRT, KEyS, TSN, CSCO, SJM, PLAB, HRL, and BNS. Today's optimal covered call on Box Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of BOX stock at $26.40 per share and sell one contract of the Box Inc February 18, 2022 26 call for $1.51 for a net debit of $24.89 per share. This trade lasts 45 days, giving it an annualized return rate of 35.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on TJX Companies has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of TJX stock at $75.55 per share and sell one contract of the TJX Companies January 21, 2022 75 call for $1.68 for a net debit of $73.88 per share. This trade lasts 17 days, giving it an annualized return rate of 30.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Copart Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CPRT stock at $146.95 per share and sell one contract of the Copart Inc January 21, 2022 145 call for $3.98 for a net debit of $142.97 per share. This trade lasts 17 days, giving it an annualized return rate of 28.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Keysight Technologies Inc Comm has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of KEYS stock at $202.66 per share and sell one contract of the Keysight Technologies Inc Comm January 21, 2022 200 call for $5.45 for a net debit of $197.21 per share. This trade lasts 17 days, giving it an annualized return rate of 28.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Tyson Foods has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of TSN stock at $87.80 per share and sell one contract of the Tyson Foods January 21, 2022 87.5 call for $1.32 for a net debit of $86.48 per share. This trade lasts 17 days, giving it an annualized return rate of 23.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Cisco Systems Inc has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of CSCO stock at $63.16 per share and sell one contract of the Cisco Systems Inc February 18, 2022 62.5 call for $2.35 for a net debit of $60.81 per share. This trade lasts 45 days, giving it an annualized return rate of 22.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on J.M. Smucker Company has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of SJM stock at $136.80 per share and sell one contract of the J.M. Smucker Company January 21, 2022 135 call for $3.14 for a net debit of $133.66 per share. This trade lasts 17 days, giving it an annualized return rate of 20.3% 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 8.3%. To enter this trade, buy 100 shares of PLAB stock at $19.28 per share and sell one contract of the Photronics Inc June 17, 2022 17.5 call for $3.12 for a net debit of $16.16 per share. This trade lasts 164 days, giving it an annualized return rate of 18.3% 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 3.1%. To enter this trade, buy 100 shares of HRL stock at $49.13 per share and sell one contract of the Hormel Foods Corp March 18, 2022 49 call for $1.60 for a net debit of $47.53 per share. This trade lasts 73 days, giving it an annualized return rate of 15.3% 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 2.2%. To enter this trade, buy 100 shares of BNS stock at $71.43 per share and sell one contract of the Bank of Nova Scotia March 18, 2022 70 call for $2.93 for a net debit of $68.50 per share. This trade lasts 73 days, giving it an annualized return rate of 10.8% 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'. 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STOCKS ON THE MOVE Under Armour Inc Class A (UAA), Halliburton Company (HAL) and Hewlett Packard Enterprise Co (HPE) are moving higher this morning, while Sherwin-Williams Co (SHW), Xylem Inc (XYL) and Digital Realty Trust, Inc. (DLR) are headed lower. Warner Music Group Corp (WMG), Under Armour Inc Class A (UAA) and Stryker Corporation (SYK) were upgraded by analysts this morning, while Zimmer Biomet Holdings Inc (ZBH), Wolverine World Wide, Inc. (WWW) and Pinterest Inc (PINS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.9%, the Nikkei 225 is up 1.77%, the Mumbai Sensex is up 1.14% the Hang Seng is up 0.06% and the Shanghai SE Composite Index is down -0.2%. In Europe stocks are up. The FTSE 100 is up 1.42%, the CAC 40 is up 1.34%, the Euro Stoxx 50 is up 1.06% and the DAX is up 0.81%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.32 at 76.4 per barrel. Brent crude is up 0.43 at 79.41 per barrel. Natural Gas is up 0.11 at 3.93. Precious metals are down this morning. Gold is down -0.06 at 1801.39 per ounce. Platinum is down -7.82 at 951.48 while silver is down -0.1 at 22.71. 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 -1.39% to $46,585.75 while Ethereum is up 0.06% to $3,823.07. Equity PUT/CALL RATIO Yesterday, 1,933,649 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 823,348 put contracts. The single-session put/call ratio was 0.43. TODAY'S ECONOMIC CALENDAR ISM Manufacturing Index Dec 10:00 ET EARNINGS EXPECTED TODAY: MLKN, SGH |
