MORNING UPDATE: PriceWatch Alerts for EW and More... for 2021-09-08 |
PriceWatch Alerts for EW, CDAY, CCK, LOW, NSC ,EBAY, CVS, UNP, NEE and BHC. Today's optimal covered call on Edwards Lifesciences Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of EW stock at $121.99 per share and sell one contract of the Edwards Lifesciences Corp September 17, 2021 122 call for $1.62 for a net debit of $120.37 per share. This trade lasts 9 days, giving it an annualized return rate of 49.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Ceridian Hcm Holding Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of CDAY stock at $116.11 per share and sell one contract of the Ceridian Hcm Holding Inc September 17, 2021 115 call for $2.64 for a net debit of $113.47 per share. This trade lasts 9 days, giving it an annualized return rate of 49.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of CCK stock at $110.33 per share and sell one contract of the Crown Cork & Seal Company September 17, 2021 110 call for $1.72 for a net debit of $108.61 per share. This trade lasts 9 days, giving it an annualized return rate of 46.7% 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 1.2%. To enter this trade, buy 100 shares of LOW stock at $205.15 per share and sell one contract of the Lowe's Companies September 17, 2021 205 call for $2.62 for a net debit of $202.53 per share. This trade lasts 9 days, giving it an annualized return rate of 44.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Norfolk Southern Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of NSC stock at $248.15 per share and sell one contract of the Norfolk Southern Corp September 17, 2021 247.5 call for $3.63 for a net debit of $244.52 per share. This trade lasts 9 days, giving it an annualized return rate of 44.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Ebay Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of EBAY stock at $74.71 per share and sell one contract of the Ebay Inc September 17, 2021 74 call for $1.59 for a net debit of $73.12 per share. This trade lasts 9 days, giving it an annualized return rate of 43.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on CVS Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of CVS stock at $86.58 per share and sell one contract of the CVS Corp September 17, 2021 86.5 call for $1.10 for a net debit of $85.48 per share. This trade lasts 9 days, giving it an annualized return rate of 43.4% The risk assessment of this trade is 4 keys, (Low 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 $213.00 per share and sell one contract of the Union Pacific Corp September 17, 2021 212.5 call for $2.94 for a net debit of $210.06 per share. This trade lasts 9 days, giving it an annualized return rate of 42.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nextera Energy has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of NEE stock at $85.03 per share and sell one contract of the Nextera Energy September 17, 2021 85 call for $0.96 for a net debit of $84.06 per share. This trade lasts 9 days, giving it an annualized return rate of 40.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Bausch Health Companies Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of BHC stock at $29.23 per share and sell one contract of the Bausch Health Companies Inc October 08, 2021 29 call for $1.19 for a net debit of $28.04 per share. This trade lasts 30 days, giving it an annualized return rate of 40.4% 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), Perrigo Company PLC (PRGO) and LyondellBasell Industries NV (LYB) are moving higher this morning, while Universal Health Services, Inc. Class B (UHS), PulteGroup, Inc. (PHM) and Sherwin-Williams Co (SHW) are headed lower. Nicolet Bankshares Inc (NCBS), SilverBow Resources Inc (SBOW) and Paramount Group Inc (PGRE) were upgraded by analysts this morning, while Orsted A S Unsponsored ADR (DNNGY), Universal Health Services, Inc. Class B (UHS) and Regions Financial Corp (RF) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Australia ASX All Ordinaries is down -0.24%, the Hang Seng is down -0.12%, the Mumbai Sensex is down -0.05% the Shanghai SE Composite Index is down -0.04% and the Nikkei 225 is up 0.89%.Stocks in Europe are down. The DAX is down -0.68%, the Euro Stoxx 50 is down -0.47%, the FTSE 100 is down -0.39% and the CAC 40 is down -0.28%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.76 at 69.11 per barrel. Brent crude is up 0.68 at 72.37 per barrel. Natural Gas is up 0.09 at 4.66. Precious metals are up this morning. Gold is up 7.3 at 1801.66 per ounce. Platinum is up 4.49 at 1006.55 while silver is up 0.09 at 24.47. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,850,854 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 791,544 put contracts. The single-session put/call ratio was 0.43. TODAY'S ECONOMIC CALENDAR EIA Crude Oil Inventories 09/04 10:30 ET Consumer Credit Jul 15:00 ET EARNINGS EXPECTED TODAY: CMWAY, ENLAY, LULU, DBOEY, UNICY, NRILY, SOMLY, S |