MORNING UPDATE: PriceWatch Alerts for MCHP and More... for 2020-12-11 |
| PriceWatch Alerts for MCHP, HASI, TPR, NOW, OC ,NXPI, KLAC, QCOM, CRUS and AMAT. Today's optimal covered call on Microchip Technology has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of MCHP stock at $139.91 per share and sell one contract of the Microchip Technology December 18, 2020 140 call for $2.69 for a net debit of $137.22 per share. This trade lasts 7 days, giving it an annualized return rate of 92.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Hannon Armstrong Sustainable IN has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of HASI stock at $55.20 per share and sell one contract of the Hannon Armstrong Sustainable IN December 18, 2020 55 call for $1.28 for a net debit of $53.92 per share. This trade lasts 7 days, giving it an annualized return rate of 91.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tapestry Inc has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of TPR stock at $29.62 per share and sell one contract of the Tapestry Inc December 24, 2020 29.5 call for $1.12 for a net debit of $28.50 per share. This trade lasts 13 days, giving it an annualized return rate of 91.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Servicenow Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of NOW stock at $538.00 per share and sell one contract of the Servicenow Inc December 18, 2020 537.5 call for $10.91 for a net debit of $527.09 per share. This trade lasts 7 days, giving it an annualized return rate of 90.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Owens Corning Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of OC stock at $75.24 per share and sell one contract of the Owens Corning Inc December 18, 2020 75 call for $1.62 for a net debit of $73.61 per share. This trade lasts 7 days, giving it an annualized return rate of 85.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nxp Semiconductors has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NXPI stock at $158.27 per share and sell one contract of the Nxp Semiconductors December 18, 2020 157.5 call for $3.64 for a net debit of $154.64 per share. This trade lasts 7 days, giving it an annualized return rate of 84.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on K L A-Tencor Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of KLAC stock at $255.98 per share and sell one contract of the K L A-Tencor Corp December 18, 2020 255 call for $5.54 for a net debit of $250.44 per share. This trade lasts 7 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 Qualcomm Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of QCOM stock at $155.75 per share and sell one contract of the Qualcomm Inc December 18, 2020 155 call for $3.48 for a net debit of $152.27 per share. This trade lasts 7 days, giving it an annualized return rate of 81.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Cirrus Logic Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of CRUS stock at $81.42 per share and sell one contract of the Cirrus Logic Inc December 18, 2020 81 call for $1.83 for a net debit of $79.59 per share. This trade lasts 7 days, giving it an annualized return rate of 80.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of AMAT stock at $87.89 per share and sell one contract of the Applied Materials December 18, 2020 87.5 call for $1.91 for a net debit of $85.98 per share. This trade lasts 7 days, giving it an annualized return rate of 80.6% 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)! 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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 Walt Disney Co (DIS), Rollins, Inc. (ROL) and Pfizer Inc. (PFE) are moving higher this morning, while TechnipFMC PLC (FTI), Cigna Corp (CI) and Corning Incorporated (GLW) are headed lower. AutoZone, Inc. (AZO), United Airlines Holdings Inc (UAL) and Valero Energy Corporation (VLO) were upgraded by analysts this morning, while Tesla Inc (TSLA), American Airlines Group Inc (AAL) and Snowflake Inc (SNOW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.36%, the Mumbai Sensex is up 0.3%, the Nikkei 225 is down -0.39% the Australia ASX All Ordinaries is down -0.44% and the Shanghai SE Composite Index is down -0.77%. Stocks in Europe are down. The DAX is down -1.46%, the Euro Stoxx 50 is down -1.06%, the CAC 40 is down -0.78% and the FTSE 100 is down -0.67%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.09 at 46.84 per barrel. Brent crude is down -0.04 at 50.21 per barrel. Natural Gas is up 0.01 at 2.56. Precious metals are down this morning. Gold is down -1.55 at 1835.02 per ounce. Platinum is down -21.16 at 1009.96 while silver is down -0.13 at 23.97. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,626,457 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 656,533 put contracts. The single-session put/call ratio was 0.4. TODAY'S ECONOMIC CALENDAR EARNINGS EXPECTED TODAY: |
