MORNING UPDATE: PriceWatch Alerts for EZA and More... for 2021-10-18 |
| PriceWatch Alerts for EZA, JBL, COST, GDX, AYI ,OIL, XLF, INFY, IWD and DVY. Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of EZA stock at $49.94 per share and sell one contract of the South Africa Ishares MSCI ETF November 19, 2021 49 call for $1.94 for a net debit of $48.00 per share. This trade lasts 32 days, giving it an annualized return rate of 21.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of JBL stock at $62.36 per share and sell one contract of the Jabil Circuit December 17, 2021 60 call for $4.43 for a net debit of $57.93 per share. This trade lasts 60 days, giving it an annualized return rate of 20.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Costco Wholesale has an assigned return rate of 0.7%. To enter this trade, buy 100 shares of COST stock at $452.39 per share and sell one contract of the Costco Wholesale October 29, 2021 450 call for $5.58 for a net debit of $446.82 per share. This trade lasts 11 days, giving it an annualized return rate of 18.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Vaneck Gold Miners ETF has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of GDX stock at $32.52 per share and sell one contract of the Vaneck Gold Miners ETF December 17, 2021 31 call for $2.41 for a net debit of $30.11 per share. This trade lasts 60 days, giving it an annualized return rate of 17.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Acuity Brands Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of AYI stock at $207.73 per share and sell one contract of the Acuity Brands Inc December 17, 2021 200 call for $13.49 for a net debit of $194.24 per share. This trade lasts 60 days, giving it an annualized return rate of 17.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of OIL stock at $24.78 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN January 21, 2022 24 call for $1.77 for a net debit of $23.01 per share. This trade lasts 95 days, giving it an annualized return rate of 16.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P 500 Financials Sector SPDR has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of XLF stock at $39.51 per share and sell one contract of the S&P 500 Financials Sector SPDR December 17, 2021 39 call for $1.50 for a net debit of $38.00 per share. This trade lasts 60 days, giving it an annualized return rate of 15.2% 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 4.1%. To enter this trade, buy 100 shares of INFY stock at $23.38 per share and sell one contract of the Infosys Ltd ADR January 21, 2022 23 call for $1.28 for a net debit of $22.10 per share. This trade lasts 95 days, giving it an annualized return rate of 15.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Russell 1000 Value Ishares ETF has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of IWD stock at $162.71 per share and sell one contract of the Russell 1000 Value Ishares ETF November 19, 2021 162 call for $2.98 for a net debit of $159.74 per share. This trade lasts 32 days, giving it an annualized return rate of 14.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Select Dividend Ishares ETF has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of DVY stock at $118.73 per share and sell one contract of the Select Dividend Ishares ETF November 19, 2021 118 call for $2.37 for a net debit of $116.36 per share. This trade lasts 32 days, giving it an annualized return rate of 14.7% The risk assessment of this trade is 4 keys, (Low 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 Occidental Petroleum Corporation (OXY), HCA Healthcare Inc (HCA) and Devon Energy Corp (DVN) are moving higher this morning, while Walt Disney Co (DIS), Nucor Corporation (NUE) and Dow Inc (DOW) are headed lower. Adecoagro SA (AGRO), Antero Resources Corp (AR) and Public Storage (PSA) were upgraded by analysts this morning, while Apple Hospitality REIT Inc (APLE), Consolidated Edison, Inc. (ED) and Sensata Technologies Holding PLC (ST) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.75%, the Hang Seng is up 0.31%, the Australia ASX All Ordinaries is up 0.2% the Shanghai SE Composite Index is down -0.12% and the Nikkei 225 is down -0.15%. Stocks in Europe are down. The CAC 40 is down -0.99%, the Euro Stoxx 50 is down -0.95%, the DAX is down -0.69% and the FTSE 100 is down -0.44%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 1.28 at 83.56 per barrel. Brent crude is up 0.86 at 85.72 per barrel. Natural Gas is down -0.17 at 5.24. Precious metals are mixed this morning. Gold is down -2.22 at 1765.4 per ounce. Platinum is down -13.56 at 1045.08 while silver is up 0.02 at 23.37. 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, 2,496,034 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,198,198 put contracts. The single-session put/call ratio was 0.48. TODAY'S ECONOMIC CALENDAR Capacity Utilization Sep 09:15 ET Industrial Production Sep 09:15 ET EARNINGS EXPECTED TODAY: HDB, PHG, KHNGY, EC, STT, ELS, ACI, STLD, ZION |
