MORNING UPDATE: PriceWatch Alerts for TEAM and More... for 2021-06-04 |
| PriceWatch Alerts for TEAM, GOGO, TOL, FL, TWTR ,HES, DAN, AMAT, EXPE and WYNN. Today's optimal covered call on Atlassian Cls A Ord has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of TEAM stock at $221.37 per share and sell one contract of the Atlassian Cls A Ord June 11, 2021 220 call for $5.45 for a net debit of $215.92 per share. This trade lasts 7 days, giving it an annualized return rate of 86.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Gogo Inc has an assigned return rate of 10.1%. To enter this trade, buy 100 shares of GOGO stock at $14.38 per share and sell one contract of the Gogo Inc July 16, 2021 14 call for $1.66 for a net debit of $12.72 per share. This trade lasts 42 days, giving it an annualized return rate of 85.8% 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 1.8%. To enter this trade, buy 100 shares of TOL stock at $62.14 per share and sell one contract of the Toll Brothers Inc June 11, 2021 62 call for $1.26 for a net debit of $60.88 per share. This trade lasts 7 days, giving it an annualized return rate of 84.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Footlocker Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of FL stock at $62.37 per share and sell one contract of the Footlocker Inc June 11, 2021 62 call for $1.46 for a net debit of $60.90 per share. This trade lasts 7 days, giving it an annualized return rate of 82.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Twitter Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of TWTR stock at $57.01 per share and sell one contract of the Twitter Inc June 11, 2021 56.5 call for $1.50 for a net debit of $55.51 per share. This trade lasts 7 days, giving it an annualized return rate of 81.5% The risk assessment of this trade is 4 keys, (Low relative risk). 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 $87.50 per share and sell one contract of the Hess Corp June 11, 2021 87 call for $2.02 for a net debit of $85.48 per share. This trade lasts 7 days, giving it an annualized return rate of 81.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Dana Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of DAN stock at $28.01 per share and sell one contract of the Dana Inc June 18, 2021 28 call for $0.91 for a net debit of $27.10 per share. This trade lasts 14 days, giving it an annualized return rate of 81.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of AMAT stock at $136.38 per share and sell one contract of the Applied Materials June 11, 2021 136 call for $2.71 for a net debit of $133.67 per share. This trade lasts 7 days, giving it an annualized return rate of 79.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Expedia Group Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of EXPE stock at $170.75 per share and sell one contract of the Expedia Group Inc June 11, 2021 170 call for $3.58 for a net debit of $167.16 per share. This trade lasts 7 days, giving it an annualized return rate of 77.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Wynn Resorts Ltd has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of WYNN stock at $129.08 per share and sell one contract of the Wynn Resorts Ltd June 11, 2021 128 call for $3.14 for a net debit of $125.94 per share. This trade lasts 7 days, giving it an annualized return rate of 74.6% The risk assessment of this trade is 5 keys, (The Lowest 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 Ford Motor Company (F), Northrop Grumman Corporation (NOC) and Wells Fargo & Co (WFC) are moving higher this morning, while Lumen Technologies Inc (LUMN), Pentair PLC (PNR) and CenterPoint Energy Inc (CNP) are headed lower. Diageo plc (DEO), Wells Fargo & Co (WFC) and FormFactor, Inc. (FORM) were upgraded by analysts this morning, while Middlesex Water Company (MSEX), Workhorse Group Inc (WKHS) and Freeport-McMoRan Inc (FCX) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.43%, the Shanghai SE Composite Index is up 0.21%, the Hang Seng is down -0.17% the Mumbai Sensex is down -0.25% and the Nikkei 225 is down -0.4%. In Europe stocks are mixed. The DAX is up 0.03%, the CAC 40 is down -0.02%, the Euro Stoxx 50 is down -0.05% and the FTSE 100 is down -0.16%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.17 at 68.98 per barrel. Brent crude is up 0.14 at 71.45 per barrel. Natural Gas is up 0.02 at 3.07. Precious metals are mixed this morning. Gold is up 1.25 at 1872.01 per ounce. Platinum is down -16.56 at 1145.49 while silver is up 0.01 at 27.49. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 2,329,237 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 948,892 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls May 08:30 ET Unemployment Rate May 08:30 ET Avg. Hourly Earnings May 08:30 ET EARNINGS EXPECTED TODAY: None |
