MORNING UPDATE: PriceWatch Alerts for MRVL and More... for 2021-09-14 |
| PriceWatch Alerts for MRVL, LULU, EW, ADI, NTNX ,GOGO, OPCH, EBAY, NSC and BHC. Today's optimal covered call on Marvell Technology Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MRVL stock at $62.38 per share and sell one contract of the Marvell Technology Inc September 24, 2021 62 call for $1.46 for a net debit of $60.92 per share. This trade lasts 10 days, giving it an annualized return rate of 59.0% 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 1.8%. To enter this trade, buy 100 shares of LULU stock at $425.12 per share and sell one contract of the Lululemon Athletica September 24, 2021 425 call for $7.46 for a net debit of $417.66 per share. This trade lasts 10 days, giving it an annualized return rate of 58.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Edwards Lifesciences Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of EW stock at $119.35 per share and sell one contract of the Edwards Lifesciences Corp September 24, 2021 119 call for $2.32 for a net debit of $117.03 per share. This trade lasts 10 days, giving it an annualized return rate of 55.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Analog Devices has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of ADI stock at $172.81 per share and sell one contract of the Analog Devices September 24, 2021 172.5 call for $3.04 for a net debit of $169.77 per share. This trade lasts 10 days, giving it an annualized return rate of 53.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nutanix Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of NTNX stock at $41.82 per share and sell one contract of the Nutanix Inc October 01, 2021 41 call for $1.80 for a net debit of $40.02 per share. This trade lasts 17 days, giving it an annualized return rate of 49.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Gogo Inc has an assigned return rate of 9.1%. To enter this trade, buy 100 shares of GOGO stock at $12.56 per share and sell one contract of the Gogo Inc November 19, 2021 12 call for $1.56 for a net debit of $11.00 per share. This trade lasts 66 days, giving it an annualized return rate of 49.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Option Care Health Inc has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of OPCH stock at $25.45 per share and sell one contract of the Option Care Health Inc October 15, 2021 25 call for $1.46 for a net debit of $23.99 per share. This trade lasts 31 days, giving it an annualized return rate of 48.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ebay Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of EBAY stock at $72.67 per share and sell one contract of the Ebay Inc September 24, 2021 72 call for $1.69 for a net debit of $70.98 per share. This trade lasts 10 days, giving it an annualized return rate of 47.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Norfolk Southern Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of NSC stock at $245.54 per share and sell one contract of the Norfolk Southern Corp September 24, 2021 245 call for $3.86 for a net debit of $241.68 per share. This trade lasts 10 days, giving it an annualized return rate of 45.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Bausch Health Companies Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of BHC stock at $29.19 per share and sell one contract of the Bausch Health Companies Inc October 08, 2021 29 call for $1.06 for a net debit of $28.12 per share. This trade lasts 24 days, giving it an annualized return rate of 45.4% 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 Albemarle Corporation (ALB), Amcor PLC (AMCR) and DXC Technology Co (DXC) are moving higher this morning, while Las Vegas Sands Corp. (LVS), MGM Resorts International (MGM) and Oracle Corporation (ORCL) are headed lower. Casey's General Stores Inc (CASY), CME Group Inc (CME) and Exelon Corporation (EXC) were upgraded by analysts this morning, while Eaton Corporation PLC (ETN), Taskus Inc (TASK) and TC PIPELINES LP Common Stock (TRP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.73%, the Australia ASX All Ordinaries is up 0.18%, the Mumbai Sensex is up 0.12% the Hang Seng is down -1.21% and the Shanghai SE Composite Index is down -1.42%. Stocks in Europe are down. The CAC 40 is down -0.62%, the FTSE 100 is down -0.43%, the Euro Stoxx 50 is down -0.35% and the DAX is down -0.15%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.28 at 70.73 per barrel. Brent crude is up 0.32 at 73.83 per barrel. Natural Gas is up 0.11 at 5.34. Precious metals are down this morning. Gold is down -8.6 at 1785.8 per ounce. Platinum is down -17.79 at 947.97 while silver is down -0.28 at 23.52. 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, 1,869,379 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 863,839 put contracts. The single-session put/call ratio was 0.46. TODAY'S ECONOMIC CALENDAR Core CPI Aug 08:30 ET CPI Aug 08:30 ET EARNINGS EXPECTED TODAY: FANUY, RDSMY, ASHTY, OMRNY, CNM, FCEL |
