MORNING UPDATE: PriceWatch Alerts for OVV and More... for 2021-06-30 |
| PriceWatch Alerts for OVV, CHWY, CRWD, NVDA, RCL ,NCLH, AMAT, ARNC, WYNN and CC. Today's optimal covered call on Ovintiv Inc has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of OVV stock at $31.41 per share and sell one contract of the Ovintiv Inc July 16, 2021 31 call for $1.52 for a net debit of $29.90 per share. This trade lasts 16 days, giving it an annualized return rate of 79.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Chewy Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of CHWY stock at $81.88 per share and sell one contract of the Chewy Inc July 09, 2021 81 call for $2.58 for a net debit of $79.31 per share. This trade lasts 9 days, giving it an annualized return rate of 78.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Crowdstrike Holdings Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of CRWD stock at $257.12 per share and sell one contract of the Crowdstrike Holdings Inc July 09, 2021 255 call for $7.38 for a net debit of $249.74 per share. This trade lasts 9 days, giving it an annualized return rate of 76.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Nvidia Corp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of NVDA stock at $801.07 per share and sell one contract of the Nvidia Corp July 09, 2021 800 call for $17.55 for a net debit of $783.52 per share. This trade lasts 9 days, giving it an annualized return rate of 76.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Royal Caribbean Cruises Ltd has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of RCL stock at $83.00 per share and sell one contract of the Royal Caribbean Cruises Ltd July 09, 2021 82 call for $2.68 for a net debit of $80.32 per share. This trade lasts 9 days, giving it an annualized return rate of 76.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Norwegian Cruise Ord has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of NCLH stock at $28.91 per share and sell one contract of the Norwegian Cruise Ord July 16, 2021 28.5 call for $1.38 for a net debit of $27.53 per share. This trade lasts 16 days, giving it an annualized return rate of 75.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of AMAT stock at $141.92 per share and sell one contract of the Applied Materials July 09, 2021 142 call for $2.59 for a net debit of $139.33 per share. This trade lasts 9 days, giving it an annualized return rate of 70.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Arconic Corp has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of ARNC stock at $35.96 per share and sell one contract of the Arconic Corp July 16, 2021 36 call for $1.06 for a net debit of $34.90 per share. This trade lasts 16 days, giving it an annualized return rate of 68.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Wynn Resorts Ltd has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of WYNN stock at $121.64 per share and sell one contract of the Wynn Resorts Ltd July 09, 2021 121 call for $2.85 for a net debit of $118.79 per share. This trade lasts 9 days, giving it an annualized return rate of 68.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Chemours Company has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of CC stock at $34.51 per share and sell one contract of the Chemours Company July 16, 2021 34.5 call for $1.06 for a net debit of $33.44 per share. This trade lasts 16 days, giving it an annualized return rate of 67.7% The risk assessment of this trade is 3 keys, (Moderate 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 Masco Corp (MAS), Las Vegas Sands Corp. (LVS) and ConocoPhillips (COP) are moving higher this morning, while PulteGroup, Inc. (PHM), Cardinal Health Inc (CAH) and General Mills, Inc. (GIS) are headed lower. Carlisle Companies, Inc. (CSL), Taiwan Semiconductor Mfg. Co. Ltd. (TSM) and Seagate Technology Holdings PLC (STX) were upgraded by analysts this morning, while Applovin Corp (APP), AudioCodes Ltd (AUDC) and Weingarten Realty Investors (WRI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.5%, the Australia ASX All Ordinaries is up 0.26%, the Nikkei 225 is down -0.07% the Mumbai Sensex is down -0.13% and the Hang Seng is down -0.57%. Stocks in Europe are down. The DAX is down -0.69%, the Euro Stoxx 50 is down -0.62%, the CAC 40 is down -0.51% and the FTSE 100 is down -0.4%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.81 at 73.79 per barrel. Brent crude is up 0.59 at 75.35 per barrel. Natural Gas is up 0.09 at 3.72. Precious metals are mixed this morning. Gold is down -2.93 at 1758.31 per ounce. Platinum is down -6.27 at 1065.53 while silver is up 0.12 at 26.02. 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, 2,051,590 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 872,441 put contracts. The single-session put/call ratio was 0.43. TODAY'S ECONOMIC CALENDAR ADP Employment Change Jun 08:15 ET Chicago PMI Jun 09:45 ET EIA Crude Oil Inventories 06/26 10:30 ET EARNINGS EXPECTED TODAY: MU, DKILY, STZ, GIS, DBOEY, UNCFF, DWHHF |
