MORNING UPDATE: PriceWatch Alerts for MCHP and More... for 2021-12-15 |
| PriceWatch Alerts for MCHP, MCK, MCHP, MRO, HIG, ADNT, SU, HD, CVX and UPS. Today's optimal covered call on Conocophillips has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of COP stock at $70.68 per share and sell one contract of the Conocophillips December 23, 2021 70 call for $1.86 for a net debit of $68.82 per share. This trade lasts 8 days, giving it an annualized return rate of 69.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Mckesson Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of MCK stock at $229.63 per share and sell one contract of the Mckesson Corp December 23, 2021 230 call for $3.49 for a net debit of $226.14 per share. This trade lasts 8 days, giving it an annualized return rate of 69.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Microchip Technology has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of MCHP stock at $84.89 per share and sell one contract of the Microchip Technology December 23, 2021 84 call for $2.29 for a net debit of $82.60 per share. This trade lasts 8 days, giving it an annualized return rate of 68.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Marathon Oil Corp has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of MRO stock at $15.18 per share and sell one contract of the Marathon Oil Corp January 14, 2022 15 call for $1.01 for a net debit of $14.17 per share. This trade lasts 30 days, giving it an annualized return rate of 68.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Hartford Financial Services Grou has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of HIG stock at $68.05 per share and sell one contract of the Hartford Financial Services Grou December 23, 2021 68 call for $1.16 for a net debit of $66.89 per share. This trade lasts 8 days, giving it an annualized return rate of 67.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Adient Plc has an assigned return rate of 6.6%. To enter this trade, buy 100 shares of ADNT stock at $45.34 per share and sell one contract of the Adient Plc January 21, 2022 45 call for $3.13 for a net debit of $42.21 per share. This trade lasts 37 days, giving it an annualized return rate of 63.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Suncor Energy Inc has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of SU stock at $23.47 per share and sell one contract of the Suncor Energy Inc January 07, 2022 23.5 call for $0.91 for a net debit of $22.56 per share. This trade lasts 23 days, giving it an annualized return rate of 63.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Home Depot has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of HD stock at $402.20 per share and sell one contract of the Home Depot December 23, 2021 402.5 call for $5.38 for a net debit of $396.82 per share. This trade lasts 8 days, giving it an annualized return rate of 58.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Chevron Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CVX stock at $116.22 per share and sell one contract of the Chevron Corp December 23, 2021 116 call for $1.83 for a net debit of $114.39 per share. This trade lasts 8 days, giving it an annualized return rate of 56.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on United Parcel Service has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of UPS stock at $203.74 per share and sell one contract of the United Parcel Service December 23, 2021 202.5 call for $4.04 for a net debit of $199.70 per share. This trade lasts 8 days, giving it an annualized return rate of 56.9% The risk assessment of this trade is 5 keys, (The Lowest 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 Boston Scientific Corporation (BSX), Prologis Inc (PLD) and Equity Residential (EQR) are moving higher this morning, while Centene Corp (CNC), Nucor Corporation (NUE) and Travelers Companies Inc (TRV) are headed lower. United Parcel Service, Inc. (UPS), SYSCO Corporation (SYY) and Six Flags Entertainment Corp (SIX) were upgraded by analysts this morning, while Trex Company Inc (TREX), Southern Co (SO) and Sherwin-Williams Co (SHW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -0.91%, the Australia ASX All Ordinaries is down -0.81%, the Mumbai Sensex is down -0.57% the Shanghai SE Composite Index is down -0.38% and the Nikkei 225 is up 0.1%.In Europe stocks are mixed. The CAC 40 is up 378%, the Euro Stoxx 50 is up 0.66%, the FTSE 100 is down -0.19% and the DAX is down -0.62%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.9 at 69.83 per barrel. Brent crude is down -0.87 at 72.83 per barrel. Natural Gas is up 0.16 at 3.91. Precious metals are down this morning. Gold is down -0.15 at 1770.7 per ounce. Platinum is down -4.18 at 919.85 while silver is down -0.14 at 21.79. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Bitcoin is up 1.51% to $47,792.43 while Ethereum is up 1.28% to $3,830.21. Equity PUT/CALL RATIO Yesterday, 2,676,584 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,596,354 put contracts. The single-session put/call ratio was 0.97. TODAY'S ECONOMIC CALENDAR Retail Sales Nov 08:30 ET EIA Crude Oil Inventories 12/11 10:30 ET FOMC Rate Decision Dec 14:00 ET EARNINGS EXPECTED TODAY: STLA, LEN, NRILY, HEI, NVZMY, OBIIF, TCOM |
