MORNING UPDATE: PriceWatch Alerts for AN and More... for 2021-08-02 |
| PriceWatch Alerts for AN, DOW, ASML, BX, RTX ,SLB, FITB, HAS, EWBC and WHR. Today's optimal covered call on Autonation Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of AN stock at $121.33 per share and sell one contract of the Autonation Inc August 20, 2021 120 call for $4.72 for a net debit of $116.61 per share. This trade lasts 18 days, giving it an annualized return rate of 50.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dow Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DOW stock at $62.16 per share and sell one contract of the Dow Inc August 13, 2021 62 call for $1.28 for a net debit of $60.88 per share. This trade lasts 11 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 Asml Hld NY Reg ADR has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ASML stock at $766.74 per share and sell one contract of the Asml Hld NY Reg ADR August 13, 2021 767.5 call for $12.98 for a net debit of $753.76 per share. This trade lasts 11 days, giving it an annualized return rate of 47.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on The Blackstone Group LP has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BX stock at $115.27 per share and sell one contract of the The Blackstone Group LP August 13, 2021 115 call for $2.29 for a net debit of $112.98 per share. This trade lasts 11 days, giving it an annualized return rate of 46.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Raytheon Technologies Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of RTX stock at $86.95 per share and sell one contract of the Raytheon Technologies Corp August 13, 2021 87 call for $1.42 for a net debit of $85.53 per share. This trade lasts 11 days, giving it an annualized return rate of 44.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Schlumberger N.V. has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of SLB stock at $28.83 per share and sell one contract of the Schlumberger N.V. August 27, 2021 28 call for $1.75 for a net debit of $27.08 per share. This trade lasts 25 days, giving it an annualized return rate of 44.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fifth Third Bancorp has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of FITB stock at $36.29 per share and sell one contract of the Fifth Third Bancorp August 20, 2021 36 call for $1.16 for a net debit of $35.13 per share. This trade lasts 18 days, giving it an annualized return rate of 43.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Hasbro Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of HAS stock at $99.44 per share and sell one contract of the Hasbro Inc August 13, 2021 99.5 call for $1.52 for a net debit of $97.92 per share. This trade lasts 11 days, giving it an annualized return rate of 41.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on East West Bancorp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of EWBC stock at $71.15 per share and sell one contract of the East West Bancorp August 20, 2021 70 call for $2.80 for a net debit of $68.36 per share. This trade lasts 18 days, giving it an annualized return rate of 41.8% 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 1.6%. To enter this trade, buy 100 shares of WHR stock at $221.54 per share and sell one contract of the Whirlpool Corp August 13, 2021 220 call for $4.96 for a net debit of $216.58 per share. This trade lasts 11 days, giving it an annualized return rate of 41.2% The risk assessment of this trade is 5 keys, (The Lowest 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 General Electric CEDEAR (GE), Carnival Corp (CCL) and Gap Inc (GPS) are moving higher this morning, while Parker-Hannifin Corp (PH), ResMed Inc. (RMD) and Conagra Brands Inc (CAG) are headed lower. LKQ Corporation (LKQ), Infinity Pharmaceuticals Inc. (INFI) and GreenSky LLC (GSKY) were upgraded by analysts this morning, while ResMed Inc. (RMD), Liberty Oilfield Services Inc (LBRT) and W W Grainger Inc (GWW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Shanghai SE Composite Index is up 1.97%, the Nikkei 225 is up 1.82%, the Australia ASX All Ordinaries is up 1.26% the Hang Seng is up 1.06% and the Mumbai Sensex is up 0.69%. In Europe stocks are up. The CAC 40 is up 0.69%, the FTSE 100 is up 0.61%, the Euro Stoxx 50 is up 0.51% and the DAX is up 0.08%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.98 at 72.97 per barrel. Brent crude is down -0.88 at 75.53 per barrel. Natural Gas is up 0.09 at 4. Precious metals are mixed this morning. Gold is down -6.36 at 1807.83 per ounce. Platinum is up 14.23 at 1065.78 while silver is up 0.01 at 25.56. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 2,237,437 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,250,022 put contracts. The single-session put/call ratio was 0.56. TODAY'S ECONOMIC CALENDAR Construction Spending Jun 10:00 ET ISM Manufacturing Index Jul 10:00 ET EARNINGS EXPECTED TODAY: HSBC, GPN, NXPI, ITUB, SPG, RACE, SBAC, PXD, WMB, AWK |
