MORNING UPDATE: PriceWatch Alerts for KBH and More... for 2021-02-24 |
| PriceWatch Alerts for KBH, STLD, CAT, AMZN, KSU ,NUE, GOOGL, NSC, SWK and GOOG. Today's optimal covered call on KB Home has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of KBH stock at $40.45 per share and sell one contract of the KB Home March 19, 2021 40 call for $2.26 for a net debit of $38.19 per share. This trade lasts 23 days, giving it an annualized return rate of 72.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of STLD stock at $42.83 per share and sell one contract of the Steel Dynamics Inc March 19, 2021 43 call for $1.77 for a net debit of $41.06 per share. This trade lasts 23 days, giving it an annualized return rate of 71.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Caterpillar Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of CAT stock at $220.18 per share and sell one contract of the Caterpillar Inc March 05, 2021 220 call for $4.38 for a net debit of $215.80 per share. This trade lasts 9 days, giving it an annualized return rate of 71.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Amazon.com Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of AMZN stock at $3,194.50 per share and sell one contract of the Amazon.com Inc March 05, 2021 3195 call for $59.30 for a net debit of $3135.20 per share. This trade lasts 9 days, giving it an annualized return rate of 69.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Kansas City Southern has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of KSU stock at $212.62 per share and sell one contract of the Kansas City Southern March 05, 2021 212.5 call for $4.09 for a net debit of $208.53 per share. This trade lasts 9 days, giving it an annualized return rate of 69.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nucor Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NUE stock at $60.86 per share and sell one contract of the Nucor Corp March 05, 2021 60.5 call for $1.48 for a net debit of $59.38 per share. This trade lasts 9 days, giving it an annualized return rate of 68.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Alphabet Cl A has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of GOOGL stock at $2,060.12 per share and sell one contract of the Alphabet Cl A March 05, 2021 2060 call for $37.08 for a net debit of $2023.04 per share. This trade lasts 9 days, giving it an annualized return rate of 66.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Norfolk Southern Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NSC stock at $257.89 per share and sell one contract of the Norfolk Southern Corp March 05, 2021 257.5 call for $5.00 for a net debit of $252.89 per share. This trade lasts 9 days, giving it an annualized return rate of 66.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Stanley Black & Decker Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SWK stock at $172.92 per share and sell one contract of the Stanley Black & Decker Inc March 05, 2021 172.5 call for $3.46 for a net debit of $169.46 per share. This trade lasts 9 days, giving it an annualized return rate of 65.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Alphabet Cl C has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GOOG stock at $2,070.86 per share and sell one contract of the Alphabet Cl C March 05, 2021 2070 call for $36.08 for a net debit of $2034.78 per share. This trade lasts 9 days, giving it an annualized return rate of 63.2% 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Entergy Corporation (ETR), Lowe`s Companies Inc (LOW) and Cabot Oil & Gas Corporation (COG) are moving higher this morning, while Flowserve Corp (FLS), HollyFrontier Corp (HFC) and Ingersoll Rand Inc (IR) are headed lower. Thomson Reuters Corp (TRI), Mattel Inc (MAT) and Emergent Biosolutions Inc (EBS) were upgraded by analysts this morning, while Workhorse Group Inc (WKHS), Evolus Inc (EOLS) and Kosmos Energy Ltd (KOS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 2.07%, the Australia ASX All Ordinaries is down -0.86%, the Nikkei 225 is down -1.61% the Shanghai SE Composite Index is down -1.99% and the Hang Seng is down -3.03%. In Europe stocks are up. The DAX is up 0.76%, the Euro Stoxx 50 is up 0.48%, the FTSE 100 is up 0.23% and the CAC 40 is up 0.09%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.66 at 62.33 per barrel. Brent crude is up 0.81 at 66.18 per barrel. Natural Gas is down -0.02 at 2.86. Precious metals are mixed this morning. Gold is down -1.01 at 1804.72 per ounce. Platinum is up 20.09 at 1263.17 while silver is up 0.23 at 27.98. 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, 2,144,989 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 953,352 put contracts. The single-session put/call ratio was 0.44. TODAY'S ECONOMIC CALENDAR EIA Crude Oil Inventories 02/20 10:30 New Home Sales Jan 10:00 EARNINGS EXPECTED TODAY: NVDA,SFTBY,LOW,RY,RIO,BKNG,TJX,BILI,DANOY,SMCAY,EXC,PSA,TDOC,VIAC |
