MORNING UPDATE: PriceWatch Alerts for AVY and More... for 2021-10-07 |
| PriceWatch Alerts for AVY, TFC, XLNX, EA, MSCI ,SCHQ, ISRG, CDNS, MRVL and CMG. Today's optimal covered call on Avery Dennison Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of AVY stock at $210.31 per share and sell one contract of the Avery Dennison Corp October 15, 2021 210 call for $4.15 for a net debit of $206.16 per share. This trade lasts 8 days, giving it an annualized return rate of 75.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Truist Financial Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of TFC stock at $60.13 per share and sell one contract of the Truist Financial Corp October 15, 2021 60 call for $1.22 for a net debit of $58.91 per share. This trade lasts 8 days, giving it an annualized return rate of 75.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Xilinx Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of XLNX stock at $153.84 per share and sell one contract of the Xilinx Inc October 15, 2021 152.5 call for $4.06 for a net debit of $149.78 per share. This trade lasts 8 days, giving it an annualized return rate of 73.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Electronic Arts Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of EA stock at $134.07 per share and sell one contract of the Electronic Arts Inc October 15, 2021 133 call for $3.42 for a net debit of $130.65 per share. This trade lasts 8 days, giving it an annualized return rate of 72.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on MSCI Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MSCI stock at $599.94 per share and sell one contract of the MSCI Inc October 15, 2021 600 call for $10.39 for a net debit of $589.55 per share. This trade lasts 8 days, giving it an annualized return rate of 71.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on The Charles Schwab Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SCHW stock at $75.71 per share and sell one contract of the The Charles Schwab Corp October 15, 2021 75 call for $2.00 for a net debit of $73.71 per share. This trade lasts 8 days, giving it an annualized return rate of 71.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Intuitive Surg Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of ISRG stock at $334.94 per share and sell one contract of the Intuitive Surg Inc October 22, 2021 335 call for $10.00 for a net debit of $324.94 per share. This trade lasts 15 days, giving it an annualized return rate of 70.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Cadence Design Sys has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CDNS stock at $150.04 per share and sell one contract of the Cadence Design Sys October 15, 2021 150 call for $2.58 for a net debit of $147.46 per share. This trade lasts 8 days, giving it an annualized return rate of 69.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Marvell Technology Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of MRVL stock at $63.75 per share and sell one contract of the Marvell Technology Inc October 15, 2021 63 call for $1.80 for a net debit of $61.95 per share. This trade lasts 8 days, giving it an annualized return rate of 68.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Chipotle Mexican Grill has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of CMG stock at $1,833.89 per share and sell one contract of the Chipotle Mexican Grill October 22, 2021 1830 call for $57.24 for a net debit of $1776.65 per share. This trade lasts 15 days, giving it an annualized return rate of 68.5% 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'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Twitter Inc (TWTR), Nucor Corporation (NUE) and Freeport-McMoRan Inc (FCX) are moving higher this morning, while Bristol-Myers Squibb Co (BMY), Williams Companies Inc (WMB) and AT&T Inc. (T) are headed lower. State Street Corp (STT), Northern Trust Corporation (NTRS) and Nio Inc - ADR (NIO) were upgraded by analysts this morning, while Pacific Premier Bancorp, Inc. (PPBI), Live Oak Bancshares Inc (LOB) and First Horizon Corp (FHN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 3.07%, the Shanghai SE Composite Index is up 0.9%, the Mumbai Sensex is up 0.82% the Australia ASX All Ordinaries is up 0.73% and the Nikkei 225 is up 0.54%. In Europe stocks are up. The Euro Stoxx 50 is up 1.62%, the CAC 40 is up 1.47%, the DAX is up 1.36% and the FTSE 100 is up 0.98%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.2 at 76.23 per barrel. Brent crude is down -1.02 at 80.06 per barrel. Natural Gas is down -0.22 at 5.45. Precious metals are mixed this morning. Gold is down -1.79 at 1760.95 per ounce. Platinum is down -2.62 at 986.88 while silver is up 0.25 at 22.79. 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, 1,383,256 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 670,051 put contracts. The single-session put/call ratio was 0.48. TODAY'S ECONOMIC CALENDAR Initial Claims 10/2 8:30 Continuing Claims 9/25 8:30 EARNINGS EXPECTED TODAY: CAG, HELE, LW, ACCD |
