MORNING UPDATE: PriceWatch Alerts for BX and More... for 2021-08-06 |
| PriceWatch Alerts for BX, CFG, RTX, PNC, PKI ,TECK, JPM, ZION, WHR and COF. Today's optimal covered call on The Blackstone Group LP has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of BX stock at $115.16 per share and sell one contract of the The Blackstone Group LP August 13, 2021 115 call for $1.77 for a net debit of $113.39 per share. This trade lasts 7 days, giving it an annualized return rate of 51.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Citizens Financial Group Inc/Ri has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of CFG stock at $42.87 per share and sell one contract of the Citizens Financial Group Inc/Ri August 20, 2021 42.5 call for $1.31 for a net debit of $41.56 per share. This trade lasts 14 days, giving it an annualized return rate of 48.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Raytheon Technologies Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of RTX stock at $87.97 per share and sell one contract of the Raytheon Technologies Corp August 13, 2021 88 call for $1.11 for a net debit of $86.86 per share. This trade lasts 7 days, giving it an annualized return rate of 48.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on PNC Bank has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of PNC stock at $186.34 per share and sell one contract of the PNC Bank August 13, 2021 185 call for $3.73 for a net debit of $182.61 per share. This trade lasts 7 days, giving it an annualized return rate of 47.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Perkinelmer has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PKI stock at $185.07 per share and sell one contract of the Perkinelmer August 20, 2021 185 call for $4.08 for a net debit of $180.99 per share. This trade lasts 14 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Teck Resources Ltd has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of TECK stock at $22.36 per share and sell one contract of the Teck Resources Ltd September 17, 2021 22 call for $1.55 for a net debit of $20.81 per share. This trade lasts 42 days, giving it an annualized return rate of 46.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on JP Morgan Chase & Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of JPM stock at $152.89 per share and sell one contract of the JP Morgan Chase & Company August 13, 2021 152.5 call for $2.27 for a net debit of $150.62 per share. This trade lasts 7 days, giving it an annualized return rate of 45.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Zions Bancorp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of ZION stock at $52.74 per share and sell one contract of the Zions Bancorp August 20, 2021 52.5 call for $1.32 for a net debit of $51.42 per share. This trade lasts 14 days, giving it an annualized return rate of 45.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Whirlpool Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of WHR stock at $224.95 per share and sell one contract of the Whirlpool Corp August 13, 2021 222.5 call for $5.15 for a net debit of $219.80 per share. This trade lasts 7 days, giving it an annualized return rate of 44.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Capital One Financial Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of COF stock at $161.43 per share and sell one contract of the Capital One Financial Corp August 20, 2021 160 call for $4.62 for a net debit of $156.81 per share. This trade lasts 14 days, giving it an annualized return rate of 43.7% 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Corteva Inc (CTVA), Franklin Resources, Inc. (BEN) and American International Group Inc (AIG) are moving higher this morning, while TE Connectivity Ltd (TEL), PPL Corp (PPL) and Juniper Networks, Inc. (JNPR) are headed lower. BP plc (BP), AES Corp (AES) and CBS Corporation Common Stock (VIAC) were upgraded by analysts this morning, while Parker-Hannifin Corp (PH), Cloudflare Inc (NET) and Moderna Inc (MRNA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.35%, the Nikkei 225 is up 0.33%, the Hang Seng is down -0.1% the Shanghai SE Composite Index is down -0.24% and the Mumbai Sensex is down -0.39%. In Europe stocks are up. The CAC 40 is up 0.21%, the Euro Stoxx 50 is up 0.19%, the DAX is up 0.12% and the FTSE 100 is up 0.04%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.79 at 69.88 per barrel. Brent crude is up 0.84 at 72.13 per barrel. Natural Gas is up 0.01 at 4.15. Precious metals are down this morning. Gold is down -3.65 at 1800.76 per ounce. Platinum is down -3.92 at 1003.93 while silver is down -0.2 at 25.1. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,759,796 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 919,572 put contracts. The single-session put/call ratio was 0.52. TODAY'S ECONOMIC CALENDAR Avg. Hourly Earnings Jul 08:30 ET Nonfarm Private Payrolls Jul 08:30 ET Unemployment Rate Jul 08:30 ET EARNINGS EXPECTED TODAY: D, SMCAY, TKOMY, LBRDK, MGA, DISH, VTR, DKNG |
