MORNING UPDATE: PriceWatch Alerts for UPWK and More... for 2021-06-02 |
| PriceWatch Alerts for UPWK, MOs, NVDA, DKS, WDC ,WYNN, FL, TWTR, RCL and TXG. Today's optimal covered call on Upwork Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of UPWK stock at $48.77 per share and sell one contract of the Upwork Inc June 18, 2021 47.5 call for $3.12 for a net debit of $45.65 per share. This trade lasts 16 days, giving it an annualized return rate of 87.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Mosaic Company has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MOS stock at $37.55 per share and sell one contract of the Mosaic Company June 11, 2021 37.5 call for $0.91 for a net debit of $36.64 per share. This trade lasts 9 days, giving it an annualized return rate of 85.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nvidia Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of NVDA stock at $650.58 per share and sell one contract of the Nvidia Corp June 11, 2021 650 call for $15.32 for a net debit of $635.26 per share. This trade lasts 9 days, giving it an annualized return rate of 84.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Dick's Sporting Goods Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of DKS stock at $97.40 per share and sell one contract of the Dick's Sporting Goods Inc June 11, 2021 97.5 call for $2.07 for a net debit of $95.33 per share. This trade lasts 9 days, giving it an annualized return rate of 83.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Western Digital Cp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of WDC stock at $75.55 per share and sell one contract of the Western Digital Cp June 11, 2021 75 call for $2.16 for a net debit of $73.39 per share. This trade lasts 9 days, giving it an annualized return rate of 80.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Wynn Resorts Ltd has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of WYNN stock at $135.61 per share and sell one contract of the Wynn Resorts Ltd June 11, 2021 135 call for $3.47 for a net debit of $132.14 per share. This trade lasts 9 days, giving it an annualized return rate of 79.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Footlocker Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of FL stock at $63.67 per share and sell one contract of the Footlocker Inc June 11, 2021 63.5 call for $1.52 for a net debit of $62.16 per share. This trade lasts 9 days, giving it an annualized return rate of 79.0% 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 2.1%. To enter this trade, buy 100 shares of TWTR stock at $57.44 per share and sell one contract of the Twitter Inc June 11, 2021 57 call for $1.64 for a net debit of $55.80 per share. This trade lasts 9 days, giving it an annualized return rate of 78.2% The risk assessment of this trade is 4 keys, (Low 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 $96.25 per share and sell one contract of the Royal Caribbean Cruises Ltd June 11, 2021 95 call for $3.22 for a net debit of $93.03 per share. This trade lasts 9 days, giving it an annualized return rate of 77.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on 10X Genomics Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of TXG stock at $176.25 per share and sell one contract of the 10X Genomics Inc June 18, 2021 175 call for $7.30 for a net debit of $168.95 per share. This trade lasts 16 days, giving it an annualized return rate of 76.9% 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 DXC Technology Co (DXC), Under Armour Inc Class A (UAA) and Live Nation Entertainment, Inc. (LYV) are moving higher this morning, while Hewlett Packard Enterprise Co (HPE), Capital One Financial Corp. (COF) and Newmont Corporation (NEM) are headed lower. Bank of Nova Scotia (BNS), SBA Communications Corporation (SBAC) and DXC Technology Co (DXC) were upgraded by analysts this morning, while Qutoutiao Inc - ADR (QTT), AngloGold Ashanti Limited (AU) and UWM Holdings Corp (UWMC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.04%, the Nikkei 225 is up 0.46%, the Mumbai Sensex is down -0.16% the Hang Seng is down -0.58% and the Shanghai SE Composite Index is down -0.76%. In Europe stocks are up. The CAC 40 is up 0.21%, the FTSE 100 is up 0.19%, the Euro Stoxx 50 is up 0.1% and the DAX is up 0.04%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.61 at 68.33 per barrel. Brent crude is up 0.76 at 71.01 per barrel. Natural Gas is down -0.02 at 3.09. Precious metals are mixed this morning. Gold is up 3.24 at 1903.68 per ounce. Platinum is down -9.11 at 1186.8 while silver is down -0.09 at 28.01. 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, 2,253,286 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,005,645 put contracts. The single-session put/call ratio was 0.45. TODAY'S ECONOMIC CALENDAR EIA Crude Oil Inventories 05/29 10:30 ET EARNINGS EXPECTED TODAY: NVDA, PDD, SNOW, BMO, DKILY, WDAY, OKTA, DBOEY, LI |
