MORNING UPDATE: PriceWatch Alerts for SCHW and More... for 2021-05-07 |
| PriceWatch Alerts for SCHW, RRC, DFS, HAL, DHI ,TSCO, PNC, GS, CSTM and NCR. Today's optimal covered call on The Charles Schwab Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of SCHW stock at $71.52 per share and sell one contract of the The Charles Schwab Corp May 14, 2021 71.5 call for $1.11 for a net debit of $70.41 per share. This trade lasts 7 days, giving it an annualized return rate of 70.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Range Resources Corp has an assigned return rate of 8.3%. To enter this trade, buy 100 shares of RRC stock at $11.17 per share and sell one contract of the Range Resources Corp June 18, 2021 11 call for $1.02 for a net debit of $10.15 per share. This trade lasts 42 days, giving it an annualized return rate of 70.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Discover Financial Services has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of DFS stock at $117.73 per share and sell one contract of the Discover Financial Services May 14, 2021 117 call for $2.44 for a net debit of $115.30 per share. This trade lasts 7 days, giving it an annualized return rate of 67.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Halliburton Company has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of HAL stock at $22.17 per share and sell one contract of the Halliburton Company May 28, 2021 22 call for $1.03 for a net debit of $21.14 per share. This trade lasts 21 days, giving it an annualized return rate of 67.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on D.R. Horton has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of DHI stock at $101.50 per share and sell one contract of the D.R. Horton May 14, 2021 101 call for $1.96 for a net debit of $99.54 per share. This trade lasts 7 days, giving it an annualized return rate of 67.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Tractor Supply Company has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of TSCO stock at $194.89 per share and sell one contract of the Tractor Supply Company May 14, 2021 195 call for $2.68 for a net debit of $192.21 per share. This trade lasts 7 days, giving it an annualized return rate of 66.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on PNC Bank has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of PNC stock at $198.18 per share and sell one contract of the PNC Bank May 14, 2021 197.5 call for $3.45 for a net debit of $194.73 per share. This trade lasts 7 days, giving it an annualized return rate of 64.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Goldman Sachs Group has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of GS stock at $365.97 per share and sell one contract of the Goldman Sachs Group May 14, 2021 365 call for $5.96 for a net debit of $360.01 per share. This trade lasts 7 days, giving it an annualized return rate of 63.2% 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 6.2%. To enter this trade, buy 100 shares of CSTM stock at $17.06 per share and sell one contract of the Constellium N.V. June 11, 2021 17 call for $1.05 for a net debit of $16.01 per share. This trade lasts 35 days, giving it an annualized return rate of 62.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on NCR Corp has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of NCR stock at $47.34 per share and sell one contract of the NCR Corp May 21, 2021 47 call for $1.51 for a net debit of $45.83 per share. This trade lasts 14 days, giving it an annualized return rate of 62.1% 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'. 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STOCKS ON THE MOVE Tapestry Inc (TPR), EOG Resources Inc (EOG) and Freeport-McMoRan Inc (FCX) are moving higher this morning, while Aptiv PLC (APTV), The Western Union Company (WU) and Halliburton Company (HAL) are headed lower. Albemarle Corporation (ALB), Altair Engineering Inc (ALTR) and Etsy Inc (ETSY) were upgraded by analysts this morning, while Air Products & Chemicals, Inc. (APD), At Home Group Inc (HOME) and ChemoCentryx Inc (CCXI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.52%, the Australia ASX All Ordinaries is up 0.26%, the Nikkei 225 is up 0.09% the Hang Seng is down -0.09% and the Shanghai SE Composite Index is down -0.65%. In Europe stocks are up. The DAX is up 1.23%, the FTSE 100 is up 0.61%, the Euro Stoxx 50 is up 0.56% and the CAC 40 is up 0.2%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.15 at 64.56 per barrel. Brent crude is down -0.13 at 67.96 per barrel. Natural Gas is up 0.01 at 2.94. Precious metals are mixed this morning. Gold is up 3.19 at 1818.41 per ounce. Platinum is down -3.09 at 1251.96 while silver is down -0.11 at 27.37. 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, 1,539,138 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 877,999 put contracts. The single-session put/call ratio was 0.57. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls Apr 8:30AM Unemployment Rate Apr 8:30AM Average Hourly Earnings Apr 8:30AM EARNINGS EXPECTED TODAY: CI, ENB, CVE, LEA, FLR, TRP, ATH |
