MORNING UPDATE: PriceWatch Alerts for GOGO and More... for 2021-09-16 |
| PriceWatch Alerts for GOGO, MRVL, LULU, CYBR, TSCO ,SBLK, NTNX, KLIC, NTAP and ETN. Today's optimal covered call on Gogo Inc has an assigned return rate of 10.2%. To enter this trade, buy 100 shares of GOGO stock at $12.21 per share and sell one contract of the Gogo Inc November 19, 2021 12 call for $1.32 for a net debit of $10.89 per share. This trade lasts 64 days, giving it an annualized return rate of 57.2% 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 1.4%. To enter this trade, buy 100 shares of MRVL stock at $62.46 per share and sell one contract of the Marvell Technology Inc September 24, 2021 62 call for $1.32 for a net debit of $61.14 per share. This trade lasts 8 days, giving it an annualized return rate of 57.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Lululemon Athletica has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of LULU stock at $418.95 per share and sell one contract of the Lululemon Athletica September 24, 2021 417.5 call for $7.24 for a net debit of $411.72 per share. This trade lasts 8 days, giving it an annualized return rate of 57.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Cyberark Soft Ord has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CYBR stock at $162.24 per share and sell one contract of the Cyberark Soft Ord September 24, 2021 160 call for $4.45 for a net debit of $157.79 per share. This trade lasts 8 days, giving it an annualized return rate of 56.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tractor Supply Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of TSCO stock at $205.07 per share and sell one contract of the Tractor Supply Company September 24, 2021 205 call for $2.80 for a net debit of $202.27 per share. This trade lasts 8 days, giving it an annualized return rate of 54.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Star Bulk Carriers has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of SBLK stock at $24.61 per share and sell one contract of the Star Bulk Carriers October 15, 2021 24 call for $1.64 for a net debit of $22.98 per share. This trade lasts 29 days, giving it an annualized return rate of 54.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nutanix Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of NTNX stock at $42.77 per share and sell one contract of the Nutanix Inc October 01, 2021 42 call for $1.71 for a net debit of $41.06 per share. This trade lasts 15 days, giving it an annualized return rate of 52.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Kulicke and Soffa has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of KLIC stock at $70.98 per share and sell one contract of the Kulicke and Soffa October 15, 2021 70 call for $3.85 for a net debit of $67.13 per share. This trade lasts 29 days, giving it an annualized return rate of 52.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Netapp Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of NTAP stock at $93.30 per share and sell one contract of the Netapp Inc September 24, 2021 93 call for $1.46 for a net debit of $91.84 per share. This trade lasts 8 days, giving it an annualized return rate of 51.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Eaton Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of ETN stock at $160.55 per share and sell one contract of the Eaton Corp September 24, 2021 160 call for $2.33 for a net debit of $158.23 per share. This trade lasts 8 days, giving it an annualized return rate of 45.5% 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 Eaton Corporation PLC (ETN), CF Industries Holdings, Inc. (CF) and Chipotle Mexican Grill, Inc. (CMG) are moving higher this morning, while Las Vegas Sands Corp. (LVS), Freeport-McMoRan Inc (FCX) and Albemarle Corporation (ALB) are headed lower. American Express Company (AXP), Anheuser Busch Inbev SA (BUD) and Signet Jewelers Ltd. (SIG) were upgraded by analysts this morning, while Beyond Meat Inc (BYND), Equinor ASA (EQNR) and Visteon Corp (VC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.71%, the Australia ASX All Ordinaries is up 0.47%, the Nikkei 225 is down -0.62% the Shanghai SE Composite Index is down -1.34% and the Hang Seng is down -1.46%. In Europe stocks are up. The CAC 40 is up 0.89%, the Euro Stoxx 50 is up 0.68%, the DAX is up 0.4% and the FTSE 100 is up 0.18%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.22 at 72.39 per barrel. Brent crude is down -0.18 at 75.28 per barrel. Natural Gas is down -0.15 at 5.31. Precious metals are down this morning. Gold is down -23.9 at 1770.16 per ounce. Platinum is down -8.61 at 941.46 while silver is down -0.49 at 23.31. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, flat against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,626,411 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 802,639 put contracts. The single-session put/call ratio was 0.49. TODAY'S ECONOMIC CALENDAR Retail Sales Aug 8:30 Initial Claims 9/11 8:30 Continuing Claims 9/4 8:30AM EARNINGS EXPECTED TODAY: None scheduled for today. |
