MORNING UPDATE: PriceWatch Alerts for HES and More... for 2021-06-16 |
| PriceWatch Alerts for HES, SKT, TEAM, LAC, OMI ,DAN, TECK, TWTR, CSTM and MCHP. Today's optimal covered call on Hess Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of HES stock at $90.66 per share and sell one contract of the Hess Corp June 25, 2021 90 call for $2.27 for a net debit of $88.39 per share. This trade lasts 9 days, giving it an annualized return rate of 66.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tanger Factory Outlet Centers has an assigned return rate of 5.4%. To enter this trade, buy 100 shares of SKT stock at $18.48 per share and sell one contract of the Tanger Factory Outlet Centers July 16, 2021 18 call for $1.41 for a net debit of $17.07 per share. This trade lasts 30 days, giving it an annualized return rate of 64.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Atlassian Cls A Ord has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of TEAM stock at $245.80 per share and sell one contract of the Atlassian Cls A Ord June 25, 2021 242.5 call for $7.34 for a net debit of $238.46 per share. This trade lasts 9 days, giving it an annualized return rate of 61.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Lithium Americas Corp has an assigned return rate of 10.4%. To enter this trade, buy 100 shares of LAC stock at $13.43 per share and sell one contract of the Lithium Americas Corp August 20, 2021 12.5 call for $2.10 for a net debit of $11.33 per share. This trade lasts 65 days, giving it an annualized return rate of 57.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Owens & Minor has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of OMI stock at $46.01 per share and sell one contract of the Owens & Minor July 16, 2021 45 call for $3.08 for a net debit of $42.93 per share. This trade lasts 30 days, giving it an annualized return rate of 56.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dana Inc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of DAN stock at $25.99 per share and sell one contract of the Dana Inc July 16, 2021 26 call for $1.16 for a net debit of $24.82 per share. This trade lasts 30 days, giving it an annualized return rate of 55.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Teck Resources Ltd has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of TECK stock at $21.95 per share and sell one contract of the Teck Resources Ltd July 30, 2021 22 call for $1.34 for a net debit of $20.61 per share. This trade lasts 44 days, giving it an annualized return rate of 54.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Twitter Inc has an assigned return rate of 6.7%. To enter this trade, buy 100 shares of TWTR stock at $60.23 per share and sell one contract of the Twitter Inc July 30, 2021 59 call for $4.92 for a net debit of $55.31 per share. This trade lasts 44 days, giving it an annualized return rate of 54.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Constellium N.V. has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of CSTM stock at $19.99 per share and sell one contract of the Constellium N.V. July 23, 2021 19.5 call for $1.51 for a net debit of $18.48 per share. This trade lasts 37 days, giving it an annualized return rate of 53.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Microchip Technology has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of MCHP stock at $153.95 per share and sell one contract of the Microchip Technology June 25, 2021 152.5 call for $3.63 for a net debit of $150.32 per share. This trade lasts 9 days, giving it an annualized return rate of 52.9% 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. 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 Linde PLC (LIN), Corteva Inc (CTVA) and Norwegian Cruise Line Holdings Ltd (NCLH) are moving higher this morning, while Oracle Corporation (ORCL), ResMed Inc. (RMD) and Under Armour Inc Class A (UAA) are headed lower. HSBC Holdings plc (HSBC), Grupo Aeroportr dl Pcfco SAB de CV (PAC) and Bruker Corporation (BRKR) were upgraded by analysts this morning, while Broadstone Net Lease Inc (BNL), Cimarex Energy Co (XEC) and Ceridian HCM Holding Inc (CDAY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.01%, the Mumbai Sensex is down -0.51%, the Nikkei 225 is down -0.52% the Hang Seng is down -0.7% and the Shanghai SE Composite Index is down -1.07%. In Europe stocks are mixed. The Euro Stoxx 50 is up 0.04%, the FTSE 100 is up 0.01%, the CAC 40 is down -0.01% and the DAX is down -0.25%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.27 at 72.39 per barrel. Brent crude is up 0.39 at 74.37 per barrel. Natural Gas is down -0.04 at 3.2. Precious metals are mixed this morning. Gold is down -0.21 at 1858.81 per ounce. Platinum is down -5.9 at 1150.61 while silver is up 0.21 at 27.9. 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, 1,635,902 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 730,060 put contracts. The single-session put/call ratio was 0.45. TODAY'S ECONOMIC CALENDAR Housing Starts May 08:30 ET EIA Crude Oil Inventories 06/12 10:30 ET FOMC Rate Decision Jun 14:00 ET EARNINGS EXPECTED TODAY: LEN,SSEZY |
