MORNING UPDATE: PriceWatch Alerts for BURL and More... for 2021-01-06 |
| PriceWatch Alerts for BURL, DE, NTNX, ADSK, ADBE ,CIEN, DLTR, CRM, NTAP and VRNT. Today's optimal covered call on Burlington Stores Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of BURL stock at $252.24 per share and sell one contract of the Burlington Stores Inc January 15, 2021 250 call for $8.07 for a net debit of $244.17 per share. This trade lasts 9 days, giving it an annualized return rate of 87.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Deere & Company has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of DE stock at $274.28 per share and sell one contract of the Deere & Company January 15, 2021 275 call for $5.04 for a net debit of $269.24 per share. This trade lasts 9 days, giving it an annualized return rate of 78.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Nutanix Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of NTNX stock at $31.10 per share and sell one contract of the Nutanix Inc January 22, 2021 30.5 call for $1.66 for a net debit of $29.44 per share. This trade lasts 16 days, giving it an annualized return rate of 77.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Autodesk Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of ADSK stock at $301.70 per share and sell one contract of the Autodesk Inc January 15, 2021 300 call for $7.63 for a net debit of $294.06 per share. This trade lasts 9 days, giving it an annualized return rate of 73.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Adobe Systems Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of ADBE stock at $485.69 per share and sell one contract of the Adobe Systems Inc January 15, 2021 485 call for $10.19 for a net debit of $475.50 per share. This trade lasts 9 days, giving it an annualized return rate of 72.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Ciena Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of CIEN stock at $51.21 per share and sell one contract of the Ciena Corp January 15, 2021 51 call for $1.14 for a net debit of $50.07 per share. This trade lasts 9 days, giving it an annualized return rate of 68.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dollar Tree Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DLTR stock at $107.13 per share and sell one contract of the Dollar Tree Inc January 15, 2021 107 call for $2.07 for a net debit of $105.06 per share. This trade lasts 9 days, giving it an annualized return rate of 67.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Salesforce.com Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of CRM stock at $221.52 per share and sell one contract of the Salesforce.com Inc January 15, 2021 220 call for $5.46 for a net debit of $216.06 per share. This trade lasts 9 days, giving it an annualized return rate of 66.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Netapp Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NTAP stock at $65.17 per share and sell one contract of the Netapp Inc January 15, 2021 65 call for $1.32 for a net debit of $63.85 per share. This trade lasts 9 days, giving it an annualized return rate of 65.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Verint Systems Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of VRNT stock at $66.05 per share and sell one contract of the Verint Systems Inc January 15, 2021 65 call for $2.19 for a net debit of $63.86 per share. This trade lasts 9 days, giving it an annualized return rate of 65.2% The risk assessment of this trade is 2 keys, (Considerable 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 AmerisourceBergen Corp. (ABC), Truist Financial Corp (TFC) and Vulcan Materials Company (VMC) are moving higher this morning, while Alexandria Real Estate Equities Inc (ARE), DXC Technology Co (DXC) and Cigna Corp (CI) are headed lower. Zillow Group Inc Class A (ZG), TELUS Corporation (TU) and Pilgrim's Pride Corporation (PPC) were upgraded by analysts this morning, while Teck Resources Ltd Class B (TECK), Millendo Therapeutics Inc (MLND) and Albemarle Corporation (ALB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.63%, the Hang Seng is up 0.17%, the Nikkei 225 is down -0.38% the Mumbai Sensex is down -0.54% and the Australia ASX All Ordinaries is down -1.07%. In Europe stocks are up. The FTSE 100 is up 2.88%, the Euro Stoxx 50 is up 1.03%, the DAX is up 1.02% and the CAC 40 is up 0.73%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.02 at 49.95 per barrel. Brent crude is up 0.19 at 53.79 per barrel. Natural Gas is down -0.06 at 2.64. Precious metals are down this morning. Gold is down -10.47 at 1939.54 per ounce. Platinum is down -7.12 at 1106.46 while silver is down -0.12 at 27.52. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,584,447 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 718,871 put contracts. The single-session put/call ratio was 0.45. TODAY'S ECONOMIC CALENDAR EIA Crude Oil Inventories EARNINGS EXPECTED TODAY: RPM, MSM, SMPL |
