MORNING UPDATE: PriceWatch Alerts for GM and More... for 2020-11-20 |
| PriceWatch Alerts for GM, LB, LRCX, DHI, APPN ,NOW, SONO, AMAT, YNDX and STNE. Today's optimal covered call on General Motors Company has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of GM stock at $42.82 per share and sell one contract of the General Motors Company November 27, 2020 42.5 call for $1.17 for a net debit of $41.65 per share. This trade lasts 7 days, giving it an annualized return rate of 93.1% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on L Brands Inc has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of LB stock at $39.55 per share and sell one contract of the L Brands Inc December 04, 2020 39 call for $1.94 for a net debit of $37.61 per share. This trade lasts 14 days, giving it an annualized return rate of 90.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Lam Research Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of LRCX stock at $437.68 per share and sell one contract of the Lam Research Corp November 27, 2020 437.5 call for $8.32 for a net debit of $429.36 per share. This trade lasts 7 days, giving it an annualized return rate of 86.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on D.R. Horton has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DHI stock at $75.10 per share and sell one contract of the D.R. Horton November 27, 2020 75 call for $1.44 for a net debit of $73.66 per share. This trade lasts 7 days, giving it an annualized return rate of 83.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Appian Corp Cl A has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of APPN stock at $119.00 per share and sell one contract of the Appian Corp Cl A December 18, 2020 115 call for $11.06 for a net debit of $107.94 per share. This trade lasts 28 days, giving it an annualized return rate of 82.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Servicenow Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NOW stock at $514.33 per share and sell one contract of the Servicenow Inc November 27, 2020 512.5 call for $10.55 for a net debit of $503.78 per share. This trade lasts 7 days, giving it an annualized return rate of 79.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Sonos Inc has an assigned return rate of 12.3%. To enter this trade, buy 100 shares of SONO stock at $22.19 per share and sell one contract of the Sonos Inc January 15, 2021 22.5 call for $2.16 for a net debit of $20.04 per share. This trade lasts 56 days, giving it an annualized return rate of 78.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of AMAT stock at $77.25 per share and sell one contract of the Applied Materials November 27, 2020 77 call for $1.52 for a net debit of $75.73 per share. This trade lasts 7 days, giving it an annualized return rate of 76.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Yandex N.V. has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of YNDX stock at $62.53 per share and sell one contract of the Yandex N.V. November 27, 2020 62.5 call for $1.04 for a net debit of $61.48 per share. This trade lasts 7 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 Stoneco Ltd Cl A has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of STNE stock at $68.82 per share and sell one contract of the Stoneco Ltd Cl A November 27, 2020 68 call for $1.92 for a net debit of $66.90 per share. This trade lasts 7 days, giving it an annualized return rate of 75.0% 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)! 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 Occidental Petroleum Corporation (OXY), United Rentals, Inc. (URI) and SL Green Realty Corp (SLG) are moving higher this morning, while Textron Inc. (TXT), HollyFrontier Corp (HFC) and Stanley Black & Decker, Inc. (SWK) are headed lower. United Rentals, Inc. (URI), Nasdaq Inc (NDAQ) and SM Energy Co (SM) were upgraded by analysts this morning, while Canada Goose Holdings Inc (GOOS), W W Grainger Inc (GWW) and Nucor Corporation (NUE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.65%, the Shanghai SE Composite Index is up 0.44%, the Hang Seng is up 0.36% the Australia ASX All Ordinaries is down -0.04% and the Nikkei 225 is down -0.42%. In Europe stocks are up. The Euro Stoxx 50 is up 0.42%, the FTSE 100 is up 0.4%, the DAX is up 0.36% and the CAC 40 is up 0.34%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.26 at 42 per barrel. Brent crude is up 0.24 at 44.44 per barrel. Natural Gas is up 0.07 at 2.66. Precious metals are up this morning. Gold is up 1.19 at 1867.73 per ounce. Platinum is up 6.77 at 959.51 while silver is up 0.17 at 24.33. 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, 1,880,094 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 859,335 put contracts. The single-session put/call ratio was 0.46. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: AMKBY,GZPFY,GSX |
