MORNING UPDATE: PriceWatch Alerts for PNC and More... for 2021-11-11 |
PriceWatch Alerts for PNC, AXP, AYI, NKE, MTB ,JPM, ISRG, SCHW, HAL and MMC. Today's optimal covered call on PNC Bank has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of PNC stock at $205.41 per share and sell one contract of the PNC Bank November 19, 2021 205 call for $3.34 for a net debit of $202.07 per share. This trade lasts 8 days, giving it an annualized return rate of 58.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on American Express Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of AXP stock at $181.39 per share and sell one contract of the American Express Company November 19, 2021 180 call for $3.82 for a net debit of $177.57 per share. This trade lasts 8 days, giving it an annualized return rate of 55.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Acuity Brands Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of AYI stock at $222.27 per share and sell one contract of the Acuity Brands Inc November 19, 2021 220 call for $5.20 for a net debit of $217.07 per share. This trade lasts 8 days, giving it an annualized return rate of 54.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Nike Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of NKE stock at $168.26 per share and sell one contract of the Nike Inc November 19, 2021 167.5 call for $2.98 for a net debit of $165.28 per share. This trade lasts 8 days, giving it an annualized return rate of 54.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on M&T Bank Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of MTB stock at $156.39 per share and sell one contract of the M&T Bank Corp November 19, 2021 155 call for $3.44 for a net debit of $152.95 per share. This trade lasts 8 days, giving it an annualized return rate of 54.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on JP Morgan Chase & Company has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of JPM stock at $167.62 per share and sell one contract of the JP Morgan Chase & Company November 19, 2021 167.5 call for $2.33 for a net debit of $165.29 per share. This trade lasts 8 days, giving it an annualized return rate of 54.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Intuitive Surg Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of ISRG stock at $359.49 per share and sell one contract of the Intuitive Surg Inc November 19, 2021 358.33 call for $5.88 for a net debit of $353.61 per share. This trade lasts 8 days, giving it an annualized return rate of 54.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on The Charles Schwab Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of SCHW stock at $80.75 per share and sell one contract of the The Charles Schwab Corp November 19, 2021 80 call for $1.80 for a net debit of $78.95 per share. This trade lasts 8 days, giving it an annualized return rate of 54.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Halliburton Company has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of HAL stock at $23.83 per share and sell one contract of the Halliburton Company December 10, 2021 23.5 call for $1.30 for a net debit of $22.53 per share. This trade lasts 29 days, giving it an annualized return rate of 52.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Marsh & Mclennan Companies has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of MMC stock at $165.15 per share and sell one contract of the Marsh & Mclennan Companies November 19, 2021 165 call for $2.23 for a net debit of $162.92 per share. This trade lasts 8 days, giving it an annualized return rate of 51.7% 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 Tapestry Inc (TPR), Freeport-McMoRan Inc (FCX) and Nucor Corporation (NUE) are moving higher this morning, while Walt Disney Co (DIS), Cooper Companies Inc (COO) and CF Industries Holdings, Inc. (CF) are headed lower. ADMA Biologics Inc (ADMA), Duolingo Inc (DUOL) and Spire Global Inc (SPIR) were upgraded by analysts this morning, while Allot Ltd (ALLT), Beyond Meat Inc (BYND) and SLR Investment Corp (SLRC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.15%, the Hang Seng is up 1.01%, the Nikkei 225 is up 0.59% the Australia ASX All Ordinaries is down -0.47% and the Mumbai Sensex is down -0.72%. In Europe stocks are mixed. The FTSE 100 is up 0.34%, the DAX is up 0.09%, the CAC 40 is up 0.07% and the Euro Stoxx 50 is flat 0%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.88 at 80.46 per barrel. Brent crude is down -0.52 at 82.12 per barrel. Natural Gas is up 0.09 at 4.97. Precious metals are up this morning. Gold is up 9.97 at 1859.57 per ounce. Platinum is up 13.48 at 1084.14 while silver is up 0.28 at 25.05. 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. Equity PUT/CALL RATIO Yesterday, 2,091,119 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,006,466 put contracts. The single-session put/call ratio was 0.48. TODAY'S ECONOMIC CALENDAR Initial Claims 11/6 8:30 Continuing Claims 10/30 8:30 EARNINGS EXPECTED TODAY: BABA, MT, AZUL, OGN, CPNG, PAGS, FLO |