MORNING UPDATE: PriceWatch Alerts for IAI and More... for 2021-10-22 |
PriceWatch Alerts for IAI, XLF, INFO, JEF, FRC ,PEP, INFY, SLV, DFY and FAST. Today's optimal covered call on US Broker-Dealers & Sec Exch Ish has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of IAI stock at $112.64 per share and sell one contract of the US Broker-Dealers & Sec Exch Ish November 19, 2021 112 call for $2.42 for a net debit of $110.22 per share. This trade lasts 28 days, giving it an annualized return rate of 20.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on S&P 500 Financials Sector SPDR has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of XLF stock at $40.06 per share and sell one contract of the S&P 500 Financials Sector SPDR December 03, 2021 40 call for $0.91 for a net debit of $39.15 per share. This trade lasts 42 days, giving it an annualized return rate of 18.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on IHS Markit Ltd has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of INFO stock at $124.33 per share and sell one contract of the IHS Markit Ltd November 19, 2021 120 call for $5.98 for a net debit of $118.35 per share. This trade lasts 28 days, giving it an annualized return rate of 17.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Jefferies Financial Group Inc has an assigned return rate of 7.1%. To enter this trade, buy 100 shares of JEF stock at $42.36 per share and sell one contract of the Jefferies Financial Group Inc March 18, 2022 42.5 call for $2.68 for a net debit of $39.69 per share. This trade lasts 147 days, giving it an annualized return rate of 17.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on First Republic Bank has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of FRC stock at $214.85 per share and sell one contract of the First Republic Bank December 17, 2021 210 call for $10.33 for a net debit of $204.52 per share. This trade lasts 56 days, giving it an annualized return rate of 17.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Pepsico Inc has an assigned return rate of 0.6%. To enter this trade, buy 100 shares of PEP stock at $159.18 per share and sell one contract of the Pepsico Inc November 05, 2021 157.5 call for $2.69 for a net debit of $156.50 per share. This trade lasts 14 days, giving it an annualized return rate of 15.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Infosys Ltd ADR has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of INFY stock at $23.41 per share and sell one contract of the Infosys Ltd ADR January 21, 2022 23 call for $1.26 for a net debit of $22.14 per share. This trade lasts 91 days, giving it an annualized return rate of 15.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of SLV stock at $22.35 per share and sell one contract of the Silver Trust Ishares March 31, 2022 21.5 call for $2.03 for a net debit of $20.32 per share. This trade lasts 160 days, giving it an annualized return rate of 13.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Select Dividend Ishares ETF has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of DVY stock at $119.75 per share and sell one contract of the Select Dividend Ishares ETF November 19, 2021 119 call for $1.94 for a net debit of $117.81 per share. This trade lasts 28 days, giving it an annualized return rate of 12.7% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Fastenal Company has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of FAST stock at $56.10 per share and sell one contract of the Fastenal Company December 17, 2021 55 call for $2.17 for a net debit of $53.94 per share. This trade lasts 56 days, giving it an annualized return rate of 12.6% 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 American Express Company (AXP), Coterra Energy Inc (CTRA) and Corteva Inc (CTVA) are moving higher this morning, while VF Corp (VFC), Twitter Inc (TWTR) and Whirlpool Corporation (WHR) are headed lower. American National BankShares Inc (AMNB), Coterra Energy Inc (CTRA) and GasLog Partners LP Unit (GLOP) were upgraded by analysts this morning, while Ally Financial Inc (ALLY), BankUnited Inc (BKU) and Metacrine Inc (MTCR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.42%, the Nikkei 225 is up 0.35%, the Australia ASX All Ordinaries is down -0.02% the Mumbai Sensex is down -0.17% and the Shanghai SE Composite Index is down -0.34%. In Europe stocks are up. The Euro Stoxx 50 is up 1.03%, the CAC 40 is up 1%, the DAX is up 0.85% and the FTSE 100 is up 0.57%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.85 at 83.35 per barrel. Brent crude is up 0.87 at 85.48 per barrel. Natural Gas is up 0.2 at 5.32. Precious metals are up this morning. Gold is up 15.29 at 1798.19 per ounce. Platinum is up 13.77 at 1066.66 while silver is up 0.24 at 24.41. 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. Equity PUT/CALL RATIO Yesterday, 1,852,758 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 815,466 put contracts. The single-session put/call ratio was 0.44. TODAY'S ECONOMIC CALENDAR IHS Markit Manufacturing PMI - Prelim Oct 09:45 ET IHS Markit Services PMI - Prelim Oct 09:45 ET EARNINGS EXPECTED TODAY: HON, AXP, DDAIF, HCA, ROP, SLB, BCS, VFC, RF, STX, NHYDY, CLF, GNTX |