MORNING UPDATE: PriceWatch Alerts for MOs and More...
PriceWatch Alerts for MOs, GOGO, GM, OVV, TECK ,TOL, UPWK, MPC, CC and LTHM.
Today's optimal covered call on Mosaic Company has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of MOS stock at $31.08 per share and sell one contract of the Mosaic Company July 16, 2021 31 call for $1.34 for a net debit of $29.74 per share. This trade lasts 23 days, giving it an annualized return rate of 64.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Gogo Inc has an assigned return rate of 10.4%. To enter this trade, buy 100 shares of GOGO stock at $11.38 per share and sell one contract of the Gogo Inc August 20, 2021 11 call for $1.42 for a net debit of $9.96 per share. This trade lasts 58 days, giving it an annualized return rate of 64.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on General Motors Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of GM stock at $59.24 per share and sell one contract of the General Motors Company July 02, 2021 59 call for $1.26 for a net debit of $57.98 per share. This trade lasts 9 days, giving it an annualized return rate of 64.0% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Ovintiv Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of OVV stock at $30.68 per share and sell one contract of the Ovintiv Inc July 16, 2021 30 call for $1.86 for a net debit of $28.82 per share. This trade lasts 23 days, giving it an annualized return rate of 62.5% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Teck Resources Ltd has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of TECK stock at $21.73 per share and sell one contract of the Teck Resources Ltd July 16, 2021 21.5 call for $1.08 for a net debit of $20.65 per share. This trade lasts 23 days, giving it an annualized return rate of 62.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of TOL stock at $57.07 per share and sell one contract of the Toll Brothers Inc July 02, 2021 56.5 call for $1.52 for a net debit of $55.56 per share. This trade lasts 9 days, giving it an annualized return rate of 62.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Upwork Inc has an assigned return rate of 9.9%. To enter this trade, buy 100 shares of UPWK stock at $54.41 per share and sell one contract of the Upwork Inc August 20, 2021 52.5 call for $6.63 for a net debit of $47.78 per share. This trade lasts 58 days, giving it an annualized return rate of 61.1% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Marathon Petroleum Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of MPC stock at $61.34 per share and sell one contract of the Marathon Petroleum Corp July 02, 2021 61 call for $1.32 for a net debit of $60.02 per share. This trade lasts 9 days, giving it an annualized return rate of 59.7% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Chemours Company has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of CC stock at $34.31 per share and sell one contract of the Chemours Company July 09, 2021 34 call for $1.22 for a net debit of $33.09 per share. This trade lasts 16 days, giving it an annualized return rate of 59.0% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Livent Corp has an assigned return rate of 9.4%. To enter this trade, buy 100 shares of LTHM stock at $18.26 per share and sell one contract of the Livent Corp August 20, 2021 17.5 call for $2.26 for a net debit of $16.00 per share. This trade lasts 58 days, giving it an annualized return rate of 58.0% 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
DuPont de Nemours Inc (DD), Phillips 66 (PSX) and Ford Motor Company (F) are moving higher this morning, while Unum Group (UNM), Crown Castle International Corp (CCI) and Carnival Corp (CCL) are headed lower. First Horizon Corp (Tennessee) (FHN), Hibbett Sports, Inc. (HIBB) and Welltower Inc (WELL) were upgraded by analysts this morning, while SmileDirectClub Inc (SDC), RPM International Inc. (RPM) and Kering Unsponsored France ADR (PPRUY) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Hang Seng is up 1.79%, the Shanghai SE Composite Index is up 0.25%, the Nikkei 225 is down -0.03% the Australia ASX All Ordinaries is down -0.53% and the Mumbai Sensex is down -0.54%. In Europe stocks are mixed. The FTSE 100 is up 0.32%, the DAX is down -0.57%, the CAC 40 is down -0.63% and the Euro Stoxx 50 is down -0.7%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.6 at 73.45 per barrel. Brent crude is up 0.63 at 75.44 per barrel. Natural Gas is up 0.03 at 3.29. Precious metals are up this morning. Gold is up 6.9 at 1785.64 per ounce. Platinum is up 8.41 at 1086.91 while silver is up 0.11 at 26.01. 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, 1,794,842 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 834,658 put contracts. The single-session put/call ratio was 0.47.
TODAY'S ECONOMIC CALENDAR
New Home Sales May 10:00
EIA Crude Oil Inventories 06/19 10:30
EARNINGS EXPECTED TODAY:
INFO, WGO, KBH, FUL, SCS
Today's optimal covered call on Mosaic Company has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of MOS stock at $31.08 per share and sell one contract of the Mosaic Company July 16, 2021 31 call for $1.34 for a net debit of $29.74 per share. This trade lasts 23 days, giving it an annualized return rate of 64.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Gogo Inc has an assigned return rate of 10.4%. To enter this trade, buy 100 shares of GOGO stock at $11.38 per share and sell one contract of the Gogo Inc August 20, 2021 11 call for $1.42 for a net debit of $9.96 per share. This trade lasts 58 days, giving it an annualized return rate of 64.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on General Motors Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of GM stock at $59.24 per share and sell one contract of the General Motors Company July 02, 2021 59 call for $1.26 for a net debit of $57.98 per share. This trade lasts 9 days, giving it an annualized return rate of 64.0% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Ovintiv Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of OVV stock at $30.68 per share and sell one contract of the Ovintiv Inc July 16, 2021 30 call for $1.86 for a net debit of $28.82 per share. This trade lasts 23 days, giving it an annualized return rate of 62.5% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Teck Resources Ltd has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of TECK stock at $21.73 per share and sell one contract of the Teck Resources Ltd July 16, 2021 21.5 call for $1.08 for a net debit of $20.65 per share. This trade lasts 23 days, giving it an annualized return rate of 62.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of TOL stock at $57.07 per share and sell one contract of the Toll Brothers Inc July 02, 2021 56.5 call for $1.52 for a net debit of $55.56 per share. This trade lasts 9 days, giving it an annualized return rate of 62.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Upwork Inc has an assigned return rate of 9.9%. To enter this trade, buy 100 shares of UPWK stock at $54.41 per share and sell one contract of the Upwork Inc August 20, 2021 52.5 call for $6.63 for a net debit of $47.78 per share. This trade lasts 58 days, giving it an annualized return rate of 61.1% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Marathon Petroleum Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of MPC stock at $61.34 per share and sell one contract of the Marathon Petroleum Corp July 02, 2021 61 call for $1.32 for a net debit of $60.02 per share. This trade lasts 9 days, giving it an annualized return rate of 59.7% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Chemours Company has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of CC stock at $34.31 per share and sell one contract of the Chemours Company July 09, 2021 34 call for $1.22 for a net debit of $33.09 per share. This trade lasts 16 days, giving it an annualized return rate of 59.0% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Livent Corp has an assigned return rate of 9.4%. To enter this trade, buy 100 shares of LTHM stock at $18.26 per share and sell one contract of the Livent Corp August 20, 2021 17.5 call for $2.26 for a net debit of $16.00 per share. This trade lasts 58 days, giving it an annualized return rate of 58.0% 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
DuPont de Nemours Inc (DD), Phillips 66 (PSX) and Ford Motor Company (F) are moving higher this morning, while Unum Group (UNM), Crown Castle International Corp (CCI) and Carnival Corp (CCL) are headed lower. First Horizon Corp (Tennessee) (FHN), Hibbett Sports, Inc. (HIBB) and Welltower Inc (WELL) were upgraded by analysts this morning, while SmileDirectClub Inc (SDC), RPM International Inc. (RPM) and Kering Unsponsored France ADR (PPRUY) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Hang Seng is up 1.79%, the Shanghai SE Composite Index is up 0.25%, the Nikkei 225 is down -0.03% the Australia ASX All Ordinaries is down -0.53% and the Mumbai Sensex is down -0.54%. In Europe stocks are mixed. The FTSE 100 is up 0.32%, the DAX is down -0.57%, the CAC 40 is down -0.63% and the Euro Stoxx 50 is down -0.7%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.6 at 73.45 per barrel. Brent crude is up 0.63 at 75.44 per barrel. Natural Gas is up 0.03 at 3.29. Precious metals are up this morning. Gold is up 6.9 at 1785.64 per ounce. Platinum is up 8.41 at 1086.91 while silver is up 0.11 at 26.01. 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, 1,794,842 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 834,658 put contracts. The single-session put/call ratio was 0.47.
TODAY'S ECONOMIC CALENDAR
New Home Sales May 10:00
EIA Crude Oil Inventories 06/19 10:30
EARNINGS EXPECTED TODAY:
INFO, WGO, KBH, FUL, SCS
