MORNING UPDATE: PriceWatch Alerts for AN and More... for 2021-10-29 |
| PriceWatch Alerts for AN, MS, NFLX, HCA, PPG ,PNC, ORCL, JPM, UNH and COST. Today's optimal covered call on Autonation Inc has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of AN stock at $120.86 per share and sell one contract of the Autonation Inc November 19, 2021 120 call for $4.54 for a net debit of $116.32 per share. This trade lasts 21 days, giving it an annualized return rate of 52.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Morgan Stanley has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of MS stock at $102.50 per share and sell one contract of the Morgan Stanley November 05, 2021 102 call for $1.66 for a net debit of $100.84 per share. This trade lasts 7 days, giving it an annualized return rate of 52.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Netflix Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of NFLX stock at $674.05 per share and sell one contract of the Netflix Inc November 12, 2021 675 call for $13.11 for a net debit of $660.94 per share. This trade lasts 14 days, giving it an annualized return rate of 51.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Hca Holdings Inc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of HCA stock at $250.67 per share and sell one contract of the Hca Holdings Inc November 05, 2021 250 call for $3.46 for a net debit of $247.21 per share. This trade lasts 7 days, giving it an annualized return rate of 51.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on PPG Industries has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of PPG stock at $162.98 per share and sell one contract of the PPG Industries November 05, 2021 162.5 call for $2.28 for a net debit of $160.69 per share. This trade lasts 7 days, giving it an annualized return rate of 51.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on PNC Bank has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of PNC stock at $213.05 per share and sell one contract of the PNC Bank November 05, 2021 212.5 call for $2.90 for a net debit of $210.16 per share. This trade lasts 7 days, giving it an annualized return rate of 50.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Oracle Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of ORCL stock at $96.23 per share and sell one contract of the Oracle Corp November 05, 2021 96 call for $1.25 for a net debit of $94.98 per share. This trade lasts 7 days, giving it an annualized return rate of 49.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on JP Morgan Chase & Company has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of JPM stock at $170.36 per share and sell one contract of the JP Morgan Chase & Company November 05, 2021 170 call for $2.11 for a net debit of $168.25 per share. This trade lasts 7 days, giving it an annualized return rate of 47.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of UNH stock at $455.44 per share and sell one contract of the Unitedhealth Group Inc November 05, 2021 455 call for $4.95 for a net debit of $450.49 per share. This trade lasts 7 days, giving it an annualized return rate of 45.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Costco Wholesale has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of COST stock at $490.53 per share and sell one contract of the Costco Wholesale November 05, 2021 490 call for $5.16 for a net debit of $485.37 per share. This trade lasts 7 days, giving it an annualized return rate of 43.5% 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)! 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 Kinder Morgan Inc (KMI), Marathon Petroleum Corp (MPC) and Baker Hughes Co (BKR) are moving higher this morning, while Davita Inc (DVA), Mohawk Industries, Inc. (MHK) and LyondellBasell Industries NV (LYB) are headed lower. Agilysys, Inc. (AGYS), Visteon Corp (VC) and Peabody Energy Corporation (BTU) were upgraded by analysts this morning, while Altria Group Inc (MO), Annaly Capital Management, Inc. (NLY) and Zendesk Inc (ZEN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.82%, the Nikkei 225 is up 0.25%, the Hang Seng is down -0.7% the Mumbai Sensex is down -1.13% and the Australia ASX All Ordinaries is down -1.37%. Stocks in Europe are down. The DAX is down -0.63%, the Euro Stoxx 50 is down -0.4%, the FTSE 100 is down -0.33% and the CAC 40 is down -0.27%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.54 at 82.27 per barrel. Brent crude is down -0.04 at 84.28 per barrel. Natural Gas is down -0.17 at 5.61. Precious metals are down this morning. Gold is down -8.84 at 1790.07 per ounce. Platinum is down -3.87 at 1017.52 while silver is down -0.17 at 23.95. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 837,172 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,293,651 put contracts. The single-session put/call ratio was 2.74. TODAY'S ECONOMIC CALENDAR PCE Prices Sep 08:30 ET PCE Prices - Core Sep 08:30 ET Personal Spending Sep 08:30 ET EARNINGS EXPECTED TODAY: XOM, NVO, CVX, IDCBY, ABBV, TTE, CHTR, ACGBY, BACHY, KDDIY, AON |
