MORNING UPDATE: PriceWatch Alerts for HQY and More... for 2021-07-07 |
| PriceWatch Alerts for HQY, ESTC, AVGO, KMX, LULU ,NKE, ADBE, MRVL, PAGS and NTAP. Today's optimal covered call on Healthequity has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of HQY stock at $80.85 per share and sell one contract of the Healthequity July 16, 2021 80 call for $2.09 for a net debit of $78.76 per share. This trade lasts 9 days, giving it an annualized return rate of 57.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Elastic N.V. has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of ESTC stock at $148.96 per share and sell one contract of the Elastic N.V. July 16, 2021 145 call for $6.04 for a net debit of $142.92 per share. This trade lasts 9 days, giving it an annualized return rate of 53.1% 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 $473.28 per share and sell one contract of the Broadcom Ltd July 16, 2021 472.5 call for $7.44 for a net debit of $465.84 per share. This trade lasts 9 days, giving it an annualized return rate of 52.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Carmax Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of KMX stock at $132.74 per share and sell one contract of the Carmax Inc July 16, 2021 132 call for $2.58 for a net debit of $130.17 per share. This trade lasts 9 days, giving it an annualized return rate of 51.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). 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 $371.37 per share and sell one contract of the Lululemon Athletica July 16, 2021 370 call for $6.50 for a net debit of $364.88 per share. This trade lasts 9 days, giving it an annualized return rate of 51.3% 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 1.3%. To enter this trade, buy 100 shares of NKE stock at $160.11 per share and sell one contract of the Nike Inc July 16, 2021 160 call for $2.15 for a net debit of $157.96 per share. This trade lasts 9 days, giving it an annualized return rate of 47.2% The risk assessment of this trade is 3 keys, (Moderate 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 $596.90 per share and sell one contract of the Adobe Systems Inc July 16, 2021 595 call for $9.30 for a net debit of $587.60 per share. This trade lasts 9 days, giving it an annualized return rate of 46.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Marvell Technology Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of MRVL stock at $57.50 per share and sell one contract of the Marvell Technology Inc July 23, 2021 57 call for $1.69 for a net debit of $55.81 per share. This trade lasts 16 days, giving it an annualized return rate of 45.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Pagseguro Digital Ltd Cl A has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of PAGS stock at $56.72 per share and sell one contract of the Pagseguro Digital Ltd Cl A August 20, 2021 55 call for $4.32 for a net debit of $52.40 per share. This trade lasts 44 days, giving it an annualized return rate of 40.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Netapp Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NTAP stock at $81.88 per share and sell one contract of the Netapp Inc July 23, 2021 82 call for $1.36 for a net debit of $80.52 per share. This trade lasts 16 days, giving it an annualized return rate of 39.6% 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 Otis Worldwide Corp (OTIS), Devon Energy Corp (DVN) and Generac Holdings Inc. (GNRC) are moving higher this morning, while Trane Technologies PLC (TT), AES Corp (AES) and Masco Corp (MAS) are headed lower. Sunnova Energy International Inc (NOVA), Boston Beer Company Inc (SAM) and Nice Ltd (NICE) were upgraded by analysts this morning, while Alkaline Water Company Inc (WTER), Evoqua Water Technologies Corp (AQUA) and Taiwan Liposome Company ADR (TLC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.9%, the Shanghai SE Composite Index is up 0.66%, the Mumbai Sensex is up 0.37% the Hang Seng is down -0.4% and the Nikkei 225 is down -0.96%. In Europe stocks are up. The DAX is up 0.98%, the Euro Stoxx 50 is up 0.49%, the FTSE 100 is up 0.41% and the CAC 40 is up 0.08%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.27 at 73.64 per barrel. Brent crude is up 0.56 at 75.09 per barrel. Natural Gas is up 0.02 at 3.66. Precious metals are up this morning. Gold is up 10.98 at 1808.06 per ounce. Platinum is up 8.89 at 1103.48 while silver is up 0.36 at 26.53. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 2,061,310 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,041,090 put contracts. The single-session put/call ratio was 0.51. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 07/03 07:00 ET EARNINGS EXPECTED TODAY: DITHF, MSM, WDFC |
