MORNING UPDATE: PriceWatch Alerts for AVGO and More... for 2021-09-27 |
| PriceWatch Alerts for AVGO, SMTC, LOW, ADI, HD ,CPRT, BJ, BMO, DELL and PINC. Today's optimal covered call on Broadcom Ltd has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of AVGO stock at $504.92 per share and sell one contract of the Broadcom Ltd October 08, 2021 505 call for $7.19 for a net debit of $497.73 per share. This trade lasts 11 days, giving it an annualized return rate of 38.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Semtech Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of SMTC stock at $81.44 per share and sell one contract of the Semtech Corp October 15, 2021 80 call for $3.14 for a net debit of $78.30 per share. This trade lasts 18 days, giving it an annualized return rate of 37.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of LOW stock at $207.87 per share and sell one contract of the Lowe's Companies October 08, 2021 207.5 call for $3.27 for a net debit of $204.60 per share. This trade lasts 11 days, giving it an annualized return rate of 37.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Analog Devices has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of ADI stock at $178.53 per share and sell one contract of the Analog Devices October 08, 2021 177.5 call for $3.34 for a net debit of $175.19 per share. This trade lasts 11 days, giving it an annualized return rate of 34.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Home Depot has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of HD stock at $337.49 per share and sell one contract of the Home Depot October 08, 2021 335 call for $5.89 for a net debit of $331.60 per share. This trade lasts 11 days, giving it an annualized return rate of 26.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Copart Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of CPRT stock at $147.81 per share and sell one contract of the Copart Inc October 15, 2021 145 call for $4.93 for a net debit of $142.88 per share. This trade lasts 18 days, giving it an annualized return rate of 25.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of BJ stock at $58.37 per share and sell one contract of the Bj's Wholesale Club Holdings Inc November 19, 2021 55 call for $5.13 for a net debit of $53.24 per share. This trade lasts 53 days, giving it an annualized return rate of 21.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Bank of Montreal has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of BMO stock at $101.50 per share and sell one contract of the Bank of Montreal October 15, 2021 100 call for $2.60 for a net debit of $98.90 per share. This trade lasts 18 days, giving it an annualized return rate of 19.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of DELL stock at $103.88 per share and sell one contract of the Dell Technologies Inc October 15, 2021 100 call for $4.96 for a net debit of $98.92 per share. This trade lasts 18 days, giving it an annualized return rate of 19.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Premier Inc Cl A has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of PINC stock at $38.84 per share and sell one contract of the Premier Inc Cl A March 18, 2022 35 call for $5.16 for a net debit of $33.68 per share. This trade lasts 172 days, giving it an annualized return rate of 8.2% 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 The Western Union Company (WU), Occidental Petroleum Corporation (OXY) and Marathon Oil Corporation (MRO) are moving higher this morning, while Westinghouse Air Brake Technologies Corp (WAB), TJX Companies Inc (TJX) and American Water Works Company Inc (AWK) are headed lower. Yandex NV (YNDX), The Western Union Company (WU) and National Instruments Corp (NATI) were upgraded by analysts this morning, while Summit Hotel Properties Inc (INN), Hyatt Hotels Corporation (H) and American Water Works Company Inc (AWK) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.54%, the Hang Seng is up 0.07%, the Mumbai Sensex is up 0.05% the Nikkei 225 is down -0.03% and the Shanghai SE Composite Index is down -0.84%. In Europe stocks are mixed. The DAX is up 0.37%, the CAC 40 is up 0.33%, the Euro Stoxx 50 is up 0.24% and the FTSE 100 is down -0.03%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 1.26 at 75.24 per barrel. Brent crude is up 1.34 at 79.43 per barrel. Natural Gas is up 0.25 at 5.39. Precious metals are up this morning. Gold is up 0.41 at 1750.83 per ounce. Platinum is up 11.48 at 996.84 while silver is up 0.21 at 22.63. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,698,715 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 960,087 put contracts. The single-session put/call ratio was 0.57. TODAY'S ECONOMIC CALENDAR Durable Goods –ex transportation Aug 08:30 ET Durable Orders Aug 08:30 ET EARNINGS EXPECTED TODAY: SNP, FSUGY, KKPNF, TSGTY, CNXC, LYSDY, JOBS, IBIO |
