MORNING UPDATE: PriceWatch Alerts for LEN and More... for 2021-07-08 |
| PriceWatch Alerts for LEN, AVGO, NKE, INFO, NTAP ,PD, CNR, CIEN, XAIR and MRVL. Today's optimal covered call on Lennar Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of LEN stock at $102.14 per share and sell one contract of the Lennar Corp July 16, 2021 101 call for $2.47 for a net debit of $99.68 per share. This trade lasts 8 days, giving it an annualized return rate of 53.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Broadcom Ltd has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of AVGO stock at $469.54 per share and sell one contract of the Broadcom Ltd July 16, 2021 467.5 call for $7.65 for a net debit of $461.89 per share. This trade lasts 8 days, giving it an annualized return rate of 49.3% 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 1.2%. To enter this trade, buy 100 shares of NKE stock at $160.16 per share and sell one contract of the Nike Inc July 16, 2021 160 call for $2.02 for a net debit of $158.14 per share. This trade lasts 8 days, giving it an annualized return rate of 47.8% The risk assessment of this trade is 3 keys, (Moderate 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 $115.33 per share and sell one contract of the IHS Markit Ltd July 16, 2021 115 call for $1.59 for a net debit of $113.74 per share. This trade lasts 8 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 Netapp Inc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of NTAP stock at $82.52 per share and sell one contract of the Netapp Inc July 16, 2021 82.5 call for $0.91 for a net debit of $81.60 per share. This trade lasts 8 days, giving it an annualized return rate of 44.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pagerduty Inc has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of PD stock at $41.37 per share and sell one contract of the Pagerduty Inc August 20, 2021 40 call for $3.33 for a net debit of $38.04 per share. This trade lasts 43 days, giving it an annualized return rate of 42.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Cornerstone Building Brands Inc has an assigned return rate of 18.4%. To enter this trade, buy 100 shares of CNR stock at $17.20 per share and sell one contract of the Cornerstone Building Brands Inc December 17, 2021 17.5 call for $2.42 for a net debit of $14.78 per share. This trade lasts 162 days, giving it an annualized return rate of 41.2% 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 1.7%. To enter this trade, buy 100 shares of CIEN stock at $56.80 per share and sell one contract of the Ciena Corp July 23, 2021 56.5 call for $1.27 for a net debit of $55.53 per share. This trade lasts 15 days, giving it an annualized return rate of 39.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Beyond Air Inc has an assigned return rate of 21.2%. To enter this trade, buy 100 shares of XAIR stock at $5.90 per share and sell one contract of the Beyond Air Inc January 21, 2022 5 call for $1.78 for a net debit of $4.12 per share. This trade lasts 197 days, giving it an annualized return rate of 39.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Marvell Technology Inc has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of MRVL stock at $56.68 per share and sell one contract of the Marvell Technology Inc August 13, 2021 56.5 call for $2.30 for a net debit of $54.38 per share. This trade lasts 36 days, giving it an annualized return rate of 38.4% 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. 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(CHD) are moving higher this morning, while Carnival Corp (CCL), Charles Schwab Corporation Common Stock (SCHW) and Freeport-McMoRan Inc (FCX) are headed lower. Roche Holdings AG Basel ADR Common Stock (RHHBY), Texas Capital Bancshares Inc (TCBI) and Spirit of Texas Bancshares Inc (STXB) were upgraded by analysts this morning, while Carter Bank and Trust (CARE), WesBanco Inc (WSBC) and Tri Pointe Homes Inc (Delaware) (TPH) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.2%, the Shanghai SE Composite Index is down -0.79%, the Nikkei 225 is down -0.88% the Mumbai Sensex is down -0.92% and the Hang Seng is down -2.89%. Stocks in Europe are down. The Euro Stoxx 50 is down -2.53%, the CAC 40 is down -2.49%, the DAX is down -2.07% and the FTSE 100 is down -1.98%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.75 at 71.45 per barrel. Brent crude is down -0.61 at 72.82 per barrel. Natural Gas is down -0.02 at 3.57. Precious metals are mixed this morning. Gold is up 9.11 at 1812.74 per ounce. Platinum is down -19.61 at 1069.22 while silver is up 0.06 at 26.19. 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, 1,864,073 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 961,889 put contracts. The single-session put/call ratio was 0.52. TODAY'S ECONOMIC CALENDAR Continuing Claims 06/26 08:30 ET Initial Claims 07/03 08:30 ET EIA Crude Oil Inventories 07/03 11:00 ET EARNINGS EXPECTED TODAY: SPXSF, LEVI, DCT, HELE |
