MORNING UPDATE: PriceWatch Alerts for FITB and More... for 2021-08-05 |
PriceWatch Alerts for FITB, COF, BX, AAL, DPZ ,WHR, HAS, RTX, SYF and CIT. Today's optimal covered call on Fifth Third Bancorp has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of FITB stock at $36.08 per share and sell one contract of the Fifth Third Bancorp August 20, 2021 36 call for $1.01 for a net debit of $35.07 per share. This trade lasts 15 days, giving it an annualized return rate of 53.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Capital One Financial Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of COF stock at $160.10 per share and sell one contract of the Capital One Financial Corp August 13, 2021 160 call for $2.65 for a net debit of $157.45 per share. This trade lasts 8 days, giving it an annualized return rate of 53.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on The Blackstone Group LP has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of BX stock at $115.19 per share and sell one contract of the The Blackstone Group LP August 13, 2021 115 call for $2.02 for a net debit of $113.17 per share. This trade lasts 8 days, giving it an annualized return rate of 53.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on American Airlines Gp has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of AAL stock at $20.06 per share and sell one contract of the American Airlines Gp September 03, 2021 19.5 call for $1.38 for a net debit of $18.68 per share. This trade lasts 29 days, giving it an annualized return rate of 49.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Domino's Pizza Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of DPZ stock at $530.36 per share and sell one contract of the Domino's Pizza Inc August 13, 2021 530 call for $8.09 for a net debit of $522.27 per share. This trade lasts 8 days, giving it an annualized return rate of 49.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Whirlpool Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of WHR stock at $221.56 per share and sell one contract of the Whirlpool Corp August 13, 2021 220 call for $4.75 for a net debit of $216.81 per share. This trade lasts 8 days, giving it an annualized return rate of 48.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Hasbro Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of HAS stock at $99.65 per share and sell one contract of the Hasbro Inc August 13, 2021 99.5 call for $1.58 for a net debit of $98.06 per share. This trade lasts 8 days, giving it an annualized return rate of 48.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Raytheon Technologies Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of RTX stock at $86.61 per share and sell one contract of the Raytheon Technologies Corp August 13, 2021 86.5 call for $1.32 for a net debit of $85.29 per share. This trade lasts 8 days, giving it an annualized return rate of 47.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Synchrony Financial has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of SYF stock at $46.85 per share and sell one contract of the Synchrony Financial August 20, 2021 46.5 call for $1.38 for a net debit of $45.47 per share. This trade lasts 15 days, giving it an annualized return rate of 45.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cit Group Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CIT stock at $47.30 per share and sell one contract of the Cit Group Inc August 20, 2021 46 call for $2.30 for a net debit of $45.00 per share. This trade lasts 15 days, giving it an annualized return rate of 45.1% 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 AES Corp (AES), The Western Union Company (WU) and Unum Group (UNM) are moving higher this morning, while Cardinal Health Inc (CAH), Cigna Corp (CI) and Becton Dickinson and Co (BDX) are headed lower. Avis Budget Group Inc. (CAR), Bath & Body Works Inc (BBWI) and Roku Inc (ROKU) were upgraded by analysts this morning, while Advanced Energy Industries, Inc. (AEIS), Amedisys Inc (AMED) and AtriCure Inc. (ATRC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.52%, the Mumbai Sensex is up 0.23%, the Australia ASX All Ordinaries is up 0.01% the Shanghai SE Composite Index is down -0.31% and the Hang Seng is down -0.84%. In Europe stocks are mixed. The CAC 40 is up 0.34%, the Euro Stoxx 50 is up 0.29%, the DAX is up 0.09% and the FTSE 100 is down -0.12%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.1 at 68.25 per barrel. Brent crude is up 0.18 at 70.56 per barrel. Natural Gas is down -0.03 at 4.13. Precious metals are mixed this morning. Gold is down -1.18 at 1810.56 per ounce. Platinum is down -8.17 at 1019.51 while silver is up 0.07 at 25.54. 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, 1,698,171 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 878,254 put contracts. The single-session put/call ratio was 0.52. TODAY'S ECONOMIC CALENDAR Continuing Claims 07/24 08:30 ET Initial Claims 07/31 08:30 ET EARNINGS EXPECTED TODAY: TM, NVO, MRNA, SIEGY, SQ, ZTS, DUK, CI, BDX, ILMN, CVNA |