MORNING UPDATE: PriceWatch Alerts for NUE and More... for 2021-05-05 |
| PriceWatch Alerts for NUE, ADS, VLO, SYF, TECK ,DFS, SLB, DOW, SCHW and LEVI. Today's optimal covered call on Nucor Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of NUE stock at $89.66 per share and sell one contract of the Nucor Corp May 14, 2021 89 call for $2.43 for a net debit of $87.24 per share. This trade lasts 9 days, giving it an annualized return rate of 73.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Alliance Data Systems Corp has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of ADS stock at $119.58 per share and sell one contract of the Alliance Data Systems Corp May 21, 2021 119 call for $4.45 for a net debit of $115.13 per share. This trade lasts 16 days, giving it an annualized return rate of 72.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Valero Energy Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of VLO stock at $78.16 per share and sell one contract of the Valero Energy Corp May 14, 2021 77.5 call for $2.11 for a net debit of $76.05 per share. This trade lasts 9 days, giving it an annualized return rate of 69.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Synchrony Financial has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of SYF stock at $44.59 per share and sell one contract of the Synchrony Financial May 14, 2021 44.5 call for $0.91 for a net debit of $43.68 per share. This trade lasts 9 days, giving it an annualized return rate of 68.9% 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 4.5%. To enter this trade, buy 100 shares of TECK stock at $22.42 per share and sell one contract of the Teck Resources Ltd May 28, 2021 22.5 call for $0.89 for a net debit of $21.53 per share. This trade lasts 23 days, giving it an annualized return rate of 68.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Discover Financial Services has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of DFS stock at $115.42 per share and sell one contract of the Discover Financial Services May 14, 2021 115 call for $2.52 for a net debit of $112.90 per share. This trade lasts 9 days, giving it an annualized return rate of 68.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Schlumberger N.V. has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of SLB stock at $28.39 per share and sell one contract of the Schlumberger N.V. May 21, 2021 28 call for $1.21 for a net debit of $27.18 per share. This trade lasts 16 days, giving it an annualized return rate of 64.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dow Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DOW stock at $66.22 per share and sell one contract of the Dow Inc May 14, 2021 66 call for $1.36 for a net debit of $64.86 per share. This trade lasts 9 days, giving it an annualized return rate of 64.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on The Charles Schwab Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SCHW stock at $70.09 per share and sell one contract of the The Charles Schwab Corp May 14, 2021 70 call for $1.30 for a net debit of $68.79 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 Levi Strauss & Co. Cl A has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of LEVI stock at $30.10 per share and sell one contract of the Levi Strauss & Co. Cl A May 21, 2021 30 call for $0.96 for a net debit of $29.14 per share. This trade lasts 16 days, giving it an annualized return rate of 63.4% The risk assessment of this trade is 3 keys, (Moderate 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 Under Armour Inc Class A (UAA), Under Armour Inc Class C (UA) and General Motors Company (GM) are moving higher this morning, while Westrock Co (WRK), HollyFrontier Corp (HFC) and Hanesbrands Inc. (HBI) are headed lower. XPO Logistics Inc (XPO), Cabot Corp (CBT) and ALX Oncology Holdings Inc (ALXO) were upgraded by analysts this morning, while Altria Group Inc (MO), Ballard Power Systems Inc (BLDP) and Ferrari NV (RACE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.88%, the Australia ASX All Ordinaries is up 0.28%, the Hang Seng is down -0.49% the Shanghai SE Composite Index is down -0.81% and the Nikkei 225 is down -0.83%. In Europe stocks are up. The DAX is up 1.43%, the Euro Stoxx 50 is up 1.41%, the FTSE 100 is up 1.22% and the CAC 40 is up 0.94%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.81 at 66.5 per barrel. Brent crude is up 0.89 at 69.77 per barrel. Natural Gas is up 0.01 at 2.97. Precious metals are down this morning. Gold is down -0.77 at 1778.29 per ounce. Platinum is down -7.99 at 1230.9 while silver is down -0.2 at 26.36. 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, 1,449,740 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 814,688 put contracts. The single-session put/call ratio was 0.56. TODAY'S ECONOMIC CALENDAR ADP Employment Change Apr 8:15AM ISM Non-Manufacturing Index Apr 10:00AM EIA Crude Oil Inventories 05/01 10:30AM EARNINGS EXPECTED TODAY: PYPL,NVO,VWAGY,UBER,BKNG,IBDRY,GM,TWLO,PTR,BAMXF,MET,EMR |
