MORNING UPDATE: PriceWatch Alerts for KRE and More... for 2021-10-13 |
PriceWatch Alerts for KRE, OIL, JBL, EZA, IAI ,MTN, CVY, VTV, IWD and XLU. Today's optimal covered call on S&P Regional Banking ETF SPDR has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of KRE stock at $69.85 per share and sell one contract of the S&P Regional Banking ETF SPDR November 12, 2021 69.5 call for $1.72 for a net debit of $68.13 per share. This trade lasts 30 days, giving it an annualized return rate of 23.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of OIL stock at $24.37 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN January 21, 2022 24 call for $1.83 for a net debit of $22.54 per share. This trade lasts 100 days, giving it an annualized return rate of 23.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of JBL stock at $62.00 per share and sell one contract of the Jabil Circuit December 17, 2021 60 call for $4.43 for a net debit of $57.57 per share. This trade lasts 65 days, giving it an annualized return rate of 23.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on South Africa Ishares MSCI ETF has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of EZA stock at $48.26 per share and sell one contract of the South Africa Ishares MSCI ETF November 19, 2021 47 call for $2.37 for a net debit of $45.89 per share. This trade lasts 37 days, giving it an annualized return rate of 23.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on US Broker-Dealers & Sec Exch Ish has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of IAI stock at $108.42 per share and sell one contract of the US Broker-Dealers & Sec Exch Ish November 19, 2021 108 call for $2.94 for a net debit of $105.48 per share. This trade lasts 37 days, giving it an annualized return rate of 22.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Vail Resorts has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MTN stock at $339.37 per share and sell one contract of the Vail Resorts November 19, 2021 330 call for $16.72 for a net debit of $322.65 per share. This trade lasts 37 days, giving it an annualized return rate of 21.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Select Dividend Ishares ETF has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of DVY stock at $116.75 per share and sell one contract of the Select Dividend Ishares ETF November 19, 2021 116 call for $2.93 for a net debit of $113.82 per share. This trade lasts 37 days, giving it an annualized return rate of 18.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Value ETF Vanguard has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of VTV stock at $137.58 per share and sell one contract of the Value ETF Vanguard November 19, 2021 137 call for $3.12 for a net debit of $134.46 per share. This trade lasts 37 days, giving it an annualized return rate of 18.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Russell 1000 Value Ishares ETF has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of IWD stock at $159.03 per share and sell one contract of the Russell 1000 Value Ishares ETF November 19, 2021 158 call for $3.93 for a net debit of $155.10 per share. This trade lasts 37 days, giving it an annualized return rate of 18.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on S&P 500 Utilities Sector SPDR has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of XLU stock at $64.32 per share and sell one contract of the S&P 500 Utilities Sector SPDR November 19, 2021 64 call for $1.47 for a net debit of $62.85 per share. This trade lasts 37 days, giving it an annualized return rate of 17.6% The risk assessment of this trade is 3 keys, (Moderate 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 BlackRock, Inc. (BLK), NiSource Inc. (NI) and DuPont de Nemours Inc (DD) are moving higher this morning, while Devon Energy Corp (DVN), Delta Air Lines, Inc. (DAL) and Metlife Inc (MET) are headed lower. Constellation Brands, Inc. Class A (STZ), Signet Jewelers Ltd. (SIG) and NiSource Inc. (NI) were upgraded by analysts this morning, while Skyworks Solutions Inc (SWKS), Midland States Bancorp Inc (MSBI) and Monster Beverage Corp (MNST) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.75%, the Shanghai SE Composite Index is up 0.42%, the Australia ASX All Ordinaries is down -0.05% the Nikkei 225 is down -0.32% and the Hang Seng is down -1.43%. In Europe stocks are mixed. The DAX is up 0.77%, the Euro Stoxx 50 is up 0.58%, the CAC 40 is up 0.27% and the FTSE 100 is down -0.13%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.67 at 79.97 per barrel. Brent crude is down -0.77 at 82.65 per barrel. Natural Gas is down -0.03 at 5.47. Precious metals are up this morning. Gold is up 16.51 at 1776.69 per ounce. Platinum is up 4.89 at 1015.63 while silver is up 0.43 at 22.95. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,625,516 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 667,732 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR Core CPI Sep 08:30 ET CPI Sep 08:30 ET EIA Crude Oil Inventories 10/09 10:30 ET EARNINGS EXPECTED TODAY: JPM, BAC, WFC, GS, BLK, INFY, PGR, WIT, FRC, DAL |