MORNING UPDATE: PriceWatch Alerts for LULU and More... for 2021-07-09 |
| PriceWatch Alerts for LULU, NTAP, AVGO, ADBE, NKE ,PAYX, XAIR, CIEN, PD and MOMO. Today's optimal covered call on Lululemon Athletica has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of LULU stock at $373.53 per share and sell one contract of the Lululemon Athletica July 16, 2021 372.5 call for $6.34 for a net debit of $367.19 per share. This trade lasts 7 days, giving it an annualized return rate of 66.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Netapp Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of NTAP stock at $81.61 per share and sell one contract of the Netapp Inc July 16, 2021 81.5 call for $1.26 for a net debit of $80.34 per share. This trade lasts 7 days, giving it an annualized return rate of 65.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Broadcom Ltd has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of AVGO stock at $470.50 per share and sell one contract of the Broadcom Ltd July 16, 2021 470 call for $7.09 for a net debit of $463.41 per share. This trade lasts 7 days, giving it an annualized return rate of 64.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Adobe Systems Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of ADBE stock at $605.95 per share and sell one contract of the Adobe Systems Inc July 16, 2021 605 call for $8.90 for a net debit of $597.05 per share. This trade lasts 7 days, giving it an annualized return rate of 60.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Nike Inc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of NKE stock at $160.63 per share and sell one contract of the Nike Inc July 16, 2021 160 call for $2.33 for a net debit of $158.30 per share. This trade lasts 7 days, giving it an annualized return rate of 49.1% 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 0.9%. To enter this trade, buy 100 shares of PAYX stock at $110.22 per share and sell one contract of the Paychex Inc July 16, 2021 110 call for $1.22 for a net debit of $109.00 per share. This trade lasts 7 days, giving it an annualized return rate of 41.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Beyond Air Inc has an assigned return rate of 20.0%. To enter this trade, buy 100 shares of XAIR stock at $6.03 per share and sell one contract of the Beyond Air Inc January 21, 2022 5 call for $1.86 for a net debit of $4.16 per share. This trade lasts 196 days, giving it an annualized return rate of 37.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ciena Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CIEN stock at $56.48 per share and sell one contract of the Ciena Corp July 30, 2021 56 call for $1.70 for a net debit of $54.78 per share. This trade lasts 21 days, giving it an annualized return rate of 37.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Pagerduty Inc has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of PD stock at $42.76 per share and sell one contract of the Pagerduty Inc August 20, 2021 40 call for $4.22 for a net debit of $38.54 per share. This trade lasts 42 days, giving it an annualized return rate of 32.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Momo Inc ADR has an assigned return rate of 8.5%. To enter this trade, buy 100 shares of MOMO stock at $13.81 per share and sell one contract of the Momo Inc ADR October 15, 2021 13.38 call for $1.48 for a net debit of $12.33 per share. This trade lasts 98 days, giving it an annualized return rate of 31.4% 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)! 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 Motors Company (GM), Nov Inc (NOV) and Norfolk Southern Corp. (NSC) are moving higher this morning, while Textron Inc. (TXT), Interpublic Group of Companies Inc (IPG) and Keysight Technologies Inc (KEYS) are headed lower. Align Technology, Inc. (ALGN), Argo Group International Holdings, Ltd. (ARGO) and Nov Inc (NOV) were upgraded by analysts this morning, while Sanderson Farms, Inc. (SAFM), XL Fleet Corp (XL) and Nevro Corp (NVRO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.7%, the Shanghai SE Composite Index is down -0.04%, the Mumbai Sensex is down -0.35% the Nikkei 225 is down -0.63% and the Australia ASX All Ordinaries is down -0.91%. In Europe stocks are up. The CAC 40 is up 1.78%, the Euro Stoxx 50 is up 1.37%, the DAX is up 0.97% and the FTSE 100 is up 0.79%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.56 at 73.5 per barrel. Brent crude is up 0.41 at 74.53 per barrel. Natural Gas is flat 0 at 3.68. Precious metals are up this morning. Gold is up 0.61 at 1803.44 per ounce. Platinum is up 16.74 at 1095.71 while silver is up 0.09 at 26.08. 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, 1,696,018 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 999,715 put contracts. The single-session put/call ratio was 0.59. TODAY'S ECONOMIC CALENDAR Wholesale Inventories May 10:00 ET EARNINGS EXPECTED TODAY: YASKY, GBX |
