MORNING UPDATE: PriceWatch Alerts for LOW and More... for 2021-09-23 |
| PriceWatch Alerts for LOW, DELL, SMTC, PSTG, SQM ,ERJ, CPRT, BJ, PINC and BMO. Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of LOW stock at $208.89 per share and sell one contract of the Lowe's Companies October 01, 2021 207.5 call for $3.44 for a net debit of $205.46 per share. This trade lasts 8 days, giving it an annualized return rate of 40.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of DELL stock at $99.27 per share and sell one contract of the Dell Technologies Inc October 15, 2021 97.5 call for $4.08 for a net debit of $95.19 per share. This trade lasts 22 days, giving it an annualized return rate of 38.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Semtech Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of SMTC stock at $81.23 per share and sell one contract of the Semtech Corp October 15, 2021 80 call for $3.07 for a net debit of $78.16 per share. This trade lasts 22 days, giving it an annualized return rate of 37.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Pure Storage Inc has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of PSTG stock at $26.39 per share and sell one contract of the Pure Storage Inc November 19, 2021 26 call for $1.82 for a net debit of $24.56 per share. This trade lasts 57 days, giving it an annualized return rate of 36.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Sociedad Quimica Y Minera S.A. A has an assigned return rate of 11.4%. To enter this trade, buy 100 shares of SQM stock at $54.56 per share and sell one contract of the Sociedad Quimica Y Minera S.A. A January 21, 2022 55 call for $5.18 for a net debit of $49.38 per share. This trade lasts 120 days, giving it an annualized return rate of 34.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Embraer-Empresa Brasileira DE Ae has an assigned return rate of 9.6%. To enter this trade, buy 100 shares of ERJ stock at $16.06 per share and sell one contract of the Embraer-Empresa Brasileira DE Ae January 21, 2022 15 call for $2.37 for a net debit of $13.69 per share. This trade lasts 120 days, giving it an annualized return rate of 28.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Copart Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CPRT stock at $144.35 per share and sell one contract of the Copart Inc October 15, 2021 140 call for $6.24 for a net debit of $138.11 per share. This trade lasts 22 days, giving it an annualized return rate of 21.7% 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 3.1%. To enter this trade, buy 100 shares of BJ stock at $58.98 per share and sell one contract of the Bj's Wholesale Club Holdings Inc November 19, 2021 55 call for $5.63 for a net debit of $53.35 per share. This trade lasts 57 days, giving it an annualized return rate of 19.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Premier Inc Cl A has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of PINC stock at $38.93 per share and sell one contract of the Premier Inc Cl A March 18, 2022 35 call for $5.36 for a net debit of $33.57 per share. This trade lasts 176 days, giving it an annualized return rate of 8.8% 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 1.4%. To enter this trade, buy 100 shares of BMO stock at $99.15 per share and sell one contract of the Bank of Montreal November 19, 2021 95 call for $5.43 for a net debit of $93.72 per share. This trade lasts 57 days, giving it an annualized return rate of 8.6% 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. 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(DRI), Accenture Plc (ACN) and Tapestry Inc (TPR) are moving higher this morning, while L3Harris Technologies Inc (LHX), Cummins Inc. (CMI) and Medtronic PLC (MDT) are headed lower. Ventas, Inc. (VTR), RBC Bearings Inc (ROLL) and Roku Inc (ROKU) were upgraded by analysts this morning, while Vipshop Holdings Ltd - ADR (VIPS), Trimble Inc (TRMB) and Signify Health Inc (SGFY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 1.63%, the Hang Seng is up 1.2%, the Australia ASX All Ordinaries is up 1.15% the Shanghai SE Composite Index is up 0.38% and the Nikkei 225 is down -0.67%. In Europe stocks are mixed. The Euro Stoxx 50 is up 0.86%, the DAX is up 0.78%, the CAC 40 is up 0.76% and the FTSE 100 is down -0.01%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.31 at 71.92 per barrel. Brent crude is down -0.3 at 75.88 per barrel. Natural Gas is up 0.03 at 4.83. Precious metals are mixed this morning. Gold is up 4.85 at 1773.01 per ounce. Platinum is down -8.62 at 991.19 while silver is down -0.21 at 22.7. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,546,372 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 743,781 put contracts. The single-session put/call ratio was 0.48. TODAY'S ECONOMIC CALENDAR Continuing Claims 09/11 08:30 ET Initial Claims 09/18 08:30 ET EARNINGS EXPECTED TODAY: NKE, ACN, COST, PNGAY, UOVEY, EDPFY, DRI, REPYY |
