MORNING UPDATE: PriceWatch Alerts for NOW and More... for 2020-12-01 |
| PriceWatch Alerts for NOW, BILL, CRUS, BYD, HCA ,STKL, TPR, AMAT, MCHP and LPX. Today's optimal covered call on Servicenow Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of NOW stock at $534.55 per share and sell one contract of the Servicenow Inc December 11, 2020 535 call for $12.51 for a net debit of $522.04 per share. This trade lasts 10 days, giving it an annualized return rate of 82.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Bill.com Holdings Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of BILL stock at $122.71 per share and sell one contract of the Bill.com Holdings Inc December 18, 2020 120 call for $7.39 for a net debit of $115.32 per share. This trade lasts 17 days, giving it an annualized return rate of 82.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cirrus Logic Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of CRUS stock at $80.10 per share and sell one contract of the Cirrus Logic Inc December 11, 2020 80 call for $2.00 for a net debit of $78.10 per share. This trade lasts 10 days, giving it an annualized return rate of 80.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Boyd Gaming Corp has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of BYD stock at $38.49 per share and sell one contract of the Boyd Gaming Corp December 18, 2020 38 call for $1.94 for a net debit of $36.55 per share. This trade lasts 17 days, giving it an annualized return rate of 80.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Hca Holdings Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of HCA stock at $150.11 per share and sell one contract of the Hca Holdings Inc December 11, 2020 150 call for $3.65 for a net debit of $146.46 per share. This trade lasts 10 days, giving it an annualized return rate of 80.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Sunopta Inc has an assigned return rate of 10.0%. To enter this trade, buy 100 shares of STKL stock at $10.17 per share and sell one contract of the Sunopta Inc January 15, 2021 10 call for $1.07 for a net debit of $9.10 per share. This trade lasts 45 days, giving it an annualized return rate of 79.0% 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 3.9%. To enter this trade, buy 100 shares of TPR stock at $28.32 per share and sell one contract of the Tapestry Inc December 18, 2020 28 call for $1.36 for a net debit of $26.96 per share. This trade lasts 17 days, giving it an annualized return rate of 78.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of AMAT stock at $82.48 per share and sell one contract of the Applied Materials December 11, 2020 82.5 call for $1.81 for a net debit of $80.67 per share. This trade lasts 10 days, giving it an annualized return rate of 75.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Microchip Technology has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MCHP stock at $134.39 per share and sell one contract of the Microchip Technology December 11, 2020 134 call for $3.36 for a net debit of $131.03 per share. This trade lasts 10 days, giving it an annualized return rate of 75.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Louisiana-Pacific Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of LPX stock at $34.23 per share and sell one contract of the Louisiana-Pacific Corp December 18, 2020 34 call for $1.42 for a net debit of $32.81 per share. This trade lasts 17 days, giving it an annualized return rate of 73.5% 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 TechnipFMC PLC (FTI), Carnival Corp (CCL) and Marathon Oil Corporation (MRO) are moving higher this morning, while Apartment Investment and Management Co (AIV), and International Flavors & Fragrances Inc (IFF) are headed lower.Nio Inc - ADR (NIO), NCR Corporation (NCR) and FedEx Corporation (FDX) were upgraded by analysts this morning, while Shockwave Medical Inc (SWAV), IHS Markit Ltd (INFO) and Southwestern Energy Company (SWN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Shanghai SE Composite Index is up 1.77%, the Nikkei 225 is up 1.34%, the Mumbai Sensex is up 1.15% the Australia ASX All Ordinaries is up 1.04% and the Hang Seng is up 0.86%. In Europe stocks are up. The FTSE 100 is up 1.79%, the CAC 40 is up 0.91%, the Euro Stoxx 50 is up 0.86% and the DAX is up 0.79%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.17 at 45.17 per barrel. Brent crude is down -0.05 at 47.83 per barrel. Natural Gas is up 0.01 at 2.9. Precious metals are up this morning. Gold is up 31.23 at 1808.18 per ounce. Platinum is up 22.12 at 989.99 while silver is up 0.91 at 23.5. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 2,146,261 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 925,706 put contracts. The single-session put/call ratio was 0.43. TODAY'S ECONOMIC CALENDAR ISM Manufacturing Index EARNINGS EXPECTED TODAY: BNS, BMO, MOMO, HPE, CRM |
