MORNING UPDATE: PriceWatch Alerts for SYK and More... for 2021-09-09 |
| PriceWatch Alerts for SYK, ACI, UNP, TSN, DOV ,NVO, CVS, EW, IQV and TROX. Today's optimal covered call on Stryker Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of SYK stock at $280.09 per share and sell one contract of the Stryker Corp September 17, 2021 280 call for $3.53 for a net debit of $276.56 per share. This trade lasts 8 days, giving it an annualized return rate of 50.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Albertsons Companies Inc Cl A has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of ACI stock at $32.03 per share and sell one contract of the Albertsons Companies Inc Cl A October 15, 2021 32 call for $1.57 for a net debit of $30.45 per share. This trade lasts 36 days, giving it an annualized return rate of 50.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Union Pacific Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of UNP stock at $215.25 per share and sell one contract of the Union Pacific Corp September 17, 2021 215 call for $2.78 for a net debit of $212.46 per share. This trade lasts 8 days, giving it an annualized return rate of 48.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Tyson Foods has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of TSN stock at $76.17 per share and sell one contract of the Tyson Foods September 17, 2021 76 call for $1.05 for a net debit of $75.12 per share. This trade lasts 8 days, giving it an annualized return rate of 47.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dover Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of DOV stock at $174.85 per share and sell one contract of the Dover Corp September 17, 2021 175 call for $1.82 for a net debit of $173.02 per share. This trade lasts 8 days, giving it an annualized return rate of 46.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of NVO stock at $100.70 per share and sell one contract of the Novo Nordisk A/S ADR September 17, 2021 100 call for $1.77 for a net debit of $98.93 per share. This trade lasts 8 days, giving it an annualized return rate of 43.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on CVS Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of CVS stock at $86.22 per share and sell one contract of the CVS Corp September 17, 2021 86 call for $1.13 for a net debit of $85.09 per share. This trade lasts 8 days, giving it an annualized return rate of 43.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Edwards Lifesciences Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of EW stock at $122.75 per share and sell one contract of the Edwards Lifesciences Corp September 17, 2021 122 call for $2.04 for a net debit of $120.72 per share. This trade lasts 8 days, giving it an annualized return rate of 43.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Iqvia Holdings Inc has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of IQV stock at $261.91 per share and sell one contract of the Iqvia Holdings Inc September 17, 2021 260 call for $4.55 for a net debit of $257.36 per share. This trade lasts 8 days, giving it an annualized return rate of 41.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tronox Inc has an assigned return rate of 8.0%. To enter this trade, buy 100 shares of TROX stock at $20.12 per share and sell one contract of the Tronox Inc November 19, 2021 19 call for $2.52 for a net debit of $17.60 per share. This trade lasts 71 days, giving it an annualized return rate of 40.5% 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 Nike Inc (NKE), Schlumberger NV (SLB) and Freeport-McMoRan Inc (FCX) are moving higher this morning, while Digital Realty Trust, Inc. (DLR), Universal Health Services, Inc. Class B (UHS) and Eversource Energy (ES) are headed lower. Applovin Corp (APP), Banco Santander SA (SAN) and TopBuild Corp (BLD) were upgraded by analysts this morning, while Axalta Coating Systems Ltd (AXTA), Cisco Systems Inc (CSCO) and Eversource Energy (ES) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.49%, the Mumbai Sensex is up 0.09%, the Nikkei 225 is down -0.57% the Australia ASX All Ordinaries is down -1.9% and the Hang Seng is down -2.3%. In Europe stocks are mixed. The CAC 40 is up 0.15%, the DAX is up 0.03%, the Euro Stoxx 50 is down -0.02% and the FTSE 100 is down -0.97%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.46 at 69.76 per barrel. Brent crude is up 0.51 at 73.11 per barrel. Natural Gas is down -0.02 at 4.9. Precious metals are up this morning. Gold is up 8.35 at 1797.61 per ounce. Platinum is up 5.78 at 989.26 while silver is up 0.26 at 24.32. 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, 1,764,746 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 744,039 put contracts. The single-session put/call ratio was 0.42. TODAY'S ECONOMIC CALENDAR Initial Claims 09/04 8:30 Continuing Claims 8/27 8:30 EARNINGS EXPECTED TODAY: ASO, LOVE, PLAY, ZUMZ, AFRM |
