MORNING UPDATE: PriceWatch Alerts for PEP and More... for 2021-07-21 |
| PriceWatch Alerts for PEP, FRC, BK, VNQ, PAYX ,PGR, XLU, VIG, INFO and FAST. Today's optimal covered call on Pepsico Inc has an assigned return rate of 0.7%. To enter this trade, buy 100 shares of PEP stock at $155.82 per share and sell one contract of the Pepsico Inc July 30, 2021 155 call for $1.89 for a net debit of $153.93 per share. This trade lasts 9 days, giving it an annualized return rate of 25.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on First Republic Bank has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of FRC stock at $193.47 per share and sell one contract of the First Republic Bank August 20, 2021 190 call for $7.12 for a net debit of $186.35 per share. This trade lasts 30 days, giving it an annualized return rate of 23.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Bank of New York Mellon Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of BK stock at $49.44 per share and sell one contract of the Bank of New York Mellon Corp August 20, 2021 49 call for $1.36 for a net debit of $48.07 per share. This trade lasts 30 days, giving it an annualized return rate of 22.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Real Estate Vanguard ETF has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of VNQ stock at $105.83 per share and sell one contract of the Real Estate Vanguard ETF August 20, 2021 105 call for $2.54 for a net debit of $103.29 per share. This trade lasts 30 days, giving it an annualized return rate of 19.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Paychex Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of PAYX stock at $110.46 per share and sell one contract of the Paychex Inc August 20, 2021 110 call for $2.17 for a net debit of $108.29 per share. This trade lasts 30 days, giving it an annualized return rate of 18.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Progressive Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of PGR stock at $94.42 per share and sell one contract of the Progressive Corp August 20, 2021 92.5 call for $3.33 for a net debit of $91.09 per share. This trade lasts 30 days, giving it an annualized return rate of 18.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P 500 Utilities Sector SPDR has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of XLU stock at $65.50 per share and sell one contract of the S&P 500 Utilities Sector SPDR September 17, 2021 65 call for $2.03 for a net debit of $63.47 per share. This trade lasts 58 days, giving it an annualized return rate of 15.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dividend Appreciation ETF Vangua has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of VIG stock at $157.00 per share and sell one contract of the Dividend Appreciation ETF Vangua September 17, 2021 157 call for $3.35 for a net debit of $153.65 per share. This trade lasts 58 days, giving it an annualized return rate of 13.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on IHS Markit Ltd has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of INFO stock at $114.87 per share and sell one contract of the IHS Markit Ltd August 20, 2021 110 call for $6.07 for a net debit of $108.80 per share. This trade lasts 30 days, giving it an annualized return rate of 13.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fastenal Company has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of FAST stock at $54.15 per share and sell one contract of the Fastenal Company September 17, 2021 52.5 call for $2.67 for a net debit of $51.48 per share. This trade lasts 58 days, giving it an annualized return rate of 12.2% The risk assessment of this trade is 2 keys, (Considerable 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 Chipotle Mexican Grill, Inc. (CMG), Baker Hughes Co (BKR) and Albemarle Corporation (ALB) are moving higher this morning, while Leidos Holdings Inc (LDOS), Perrigo Company PLC (PRGO) and AES Corp (AES) are headed lower. Cimarex Energy Co (XEC), Electronic Arts Inc. (EA) and Westlake Chemical Corporation (WLK) were upgraded by analysts this morning, while Gladstone Land Corp (LAND), Afya Ltd (AFYA) and Janus Henderson Group PLC (JHG) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.73%, the Shanghai SE Composite Index is up 0.72%, the Nikkei 225 is up 0.58% the Hang Seng is down -0.13% and the Mumbai Sensex is down -0.68%. In Europe stocks are up. The FTSE 100 is up 1.28%, the CAC 40 is up 0.98%, the Euro Stoxx 50 is up 0.9% and the DAX is up 0.4%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.94 at 68.14 per barrel. Brent crude is up 1.01 at 70.36 per barrel. Natural Gas is up 0.08 at 3.95. Precious metals are mixed this morning. Gold is down -11.2 at 1799.16 per ounce. Platinum is up 3.9 at 1073.32 while silver is up 0.09 at 25.09. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,586,892 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 705,388 put contracts. The single-session put/call ratio was 0.44. TODAY'S ECONOMIC CALENDAR EIA Crude Oil Inventories 07/17 10:30 ET EARNINGS EXPECTED TODAY: JNJ, ASML, KO, VZ, NVS, SAP, TXN, ANTM, CCI, CSX, KMI, LVS, DFS, EFX |
