MORNING UPDATE: PriceWatch Alerts for CCK and More...
PriceWatch Alerts for CCK, IQV, CAG, PCAR, APH ,AVY, DGX, RPM, NEE and ERIC.
Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CCK stock at $95.59 per share and sell one contract of the Crown Cork & Seal Company December 18, 2020 95 call for $3.44 for a net debit of $92.15 per share. This trade lasts 30 days, giving it an annualized return rate of 36.4% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Iqvia Holdings Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of IQV stock at $172.21 per share and sell one contract of the Iqvia Holdings Inc December 18, 2020 170 call for $7.16 for a net debit of $165.05 per share. This trade lasts 30 days, giving it an annualized return rate of 35.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CAG stock at $35.74 per share and sell one contract of the Conagra Brands Inc December 24, 2020 35.5 call for $1.40 for a net debit of $34.34 per share. This trade lasts 36 days, giving it an annualized return rate of 33.5% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Paccar Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of PCAR stock at $88.82 per share and sell one contract of the Paccar Inc December 18, 2020 87.5 call for $3.54 for a net debit of $85.28 per share. This trade lasts 30 days, giving it an annualized return rate of 30.7% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Amphenol Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of APH stock at $127.06 per share and sell one contract of the Amphenol Corp December 18, 2020 125 call for $4.94 for a net debit of $122.12 per share. This trade lasts 30 days, giving it an annualized return rate of 27.8% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Avery Dennison Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of AVY stock at $149.44 per share and sell one contract of the Avery Dennison Corp December 18, 2020 145 call for $7.23 for a net debit of $142.21 per share. This trade lasts 30 days, giving it an annualized return rate of 23.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Quest Diagnostics Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DGX stock at $123.94 per share and sell one contract of the Quest Diagnostics Inc December 18, 2020 120 call for $6.05 for a net debit of $117.89 per share. This trade lasts 30 days, giving it an annualized return rate of 21.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on RPM International Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of RPM stock at $89.61 per share and sell one contract of the RPM International Inc February 19, 2021 90 call for $4.16 for a net debit of $85.45 per share. This trade lasts 93 days, giving it an annualized return rate of 20.7% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Nextera Energy has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NEE stock at $76.61 per share and sell one contract of the Nextera Energy December 18, 2020 75 call for $2.85 for a net debit of $73.76 per share. This trade lasts 30 days, giving it an annualized return rate of 19.8% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Ericsson ADR has an assigned return rate of 10.0%. To enter this trade, buy 100 shares of ERIC stock at $12.07 per share and sell one contract of the Ericsson ADR May 21, 2021 12 call for $1.16 for a net debit of $10.91 per share. This trade lasts 184 days, giving it an annualized return rate of 19.7% 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools!
Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today!
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), Boeing Co (BA) and TJX Companies Inc (TJX) are moving higher this morning, while Lowe`s Companies Inc (LOW), Norwegian Cruise Line Holdings Ltd (NCLH) and Carnival Corp (CCL) are headed lower. Tesla Inc (TSLA), Under Armour Inc Class A (UAA) and Boeing Co (BA) were upgraded by analysts this morning, while Honeywell International Inc. (HON), ONEOK, Inc. (OKE) and Anterix Inc (ATEX) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Mumbai Sensex is up 0.52%, the Hang Seng is up 0.49%, the Australia ASX All Ordinaries is up 0.43% the Shanghai SE Composite Index is up 0.22% and the Nikkei 225 is down -1.1%. In Europe stocks are up. The CAC 40 is up 0.63%, the Euro Stoxx 50 is up 0.52%, the FTSE 100 is up 0.42% and the DAX is up 0.39%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.93 at 42.36 per barrel. Brent crude is up 1.02 at 44.77 per barrel. Natural Gas is up 0.06 at 2.75. Precious metals are down this morning. Gold is down -8.17 at 1872.21 per ounce. Platinum is down -2.15 at 927.68 while silver is down -0.26 at 24.4. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound.
Equity PUT/CALL RATIO
Yesterday, 1,647,214 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 807,519 put contracts. The single-session put/call ratio was 0.49.
TODAY'S ECONOMIC CALENDAR
Housing Starts
EARNINGS EXPECTED TODAY:
NVDA,LOW,TGT,TJX,OLCLY,OCPNY,CPRT,KEYS
Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CCK stock at $95.59 per share and sell one contract of the Crown Cork & Seal Company December 18, 2020 95 call for $3.44 for a net debit of $92.15 per share. This trade lasts 30 days, giving it an annualized return rate of 36.4% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Iqvia Holdings Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of IQV stock at $172.21 per share and sell one contract of the Iqvia Holdings Inc December 18, 2020 170 call for $7.16 for a net debit of $165.05 per share. This trade lasts 30 days, giving it an annualized return rate of 35.3% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CAG stock at $35.74 per share and sell one contract of the Conagra Brands Inc December 24, 2020 35.5 call for $1.40 for a net debit of $34.34 per share. This trade lasts 36 days, giving it an annualized return rate of 33.5% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Paccar Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of PCAR stock at $88.82 per share and sell one contract of the Paccar Inc December 18, 2020 87.5 call for $3.54 for a net debit of $85.28 per share. This trade lasts 30 days, giving it an annualized return rate of 30.7% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Amphenol Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of APH stock at $127.06 per share and sell one contract of the Amphenol Corp December 18, 2020 125 call for $4.94 for a net debit of $122.12 per share. This trade lasts 30 days, giving it an annualized return rate of 27.8% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Avery Dennison Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of AVY stock at $149.44 per share and sell one contract of the Avery Dennison Corp December 18, 2020 145 call for $7.23 for a net debit of $142.21 per share. This trade lasts 30 days, giving it an annualized return rate of 23.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Quest Diagnostics Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DGX stock at $123.94 per share and sell one contract of the Quest Diagnostics Inc December 18, 2020 120 call for $6.05 for a net debit of $117.89 per share. This trade lasts 30 days, giving it an annualized return rate of 21.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on RPM International Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of RPM stock at $89.61 per share and sell one contract of the RPM International Inc February 19, 2021 90 call for $4.16 for a net debit of $85.45 per share. This trade lasts 93 days, giving it an annualized return rate of 20.7% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Nextera Energy has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NEE stock at $76.61 per share and sell one contract of the Nextera Energy December 18, 2020 75 call for $2.85 for a net debit of $73.76 per share. This trade lasts 30 days, giving it an annualized return rate of 19.8% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Ericsson ADR has an assigned return rate of 10.0%. To enter this trade, buy 100 shares of ERIC stock at $12.07 per share and sell one contract of the Ericsson ADR May 21, 2021 12 call for $1.16 for a net debit of $10.91 per share. This trade lasts 184 days, giving it an annualized return rate of 19.7% 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools!
Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today!
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), Boeing Co (BA) and TJX Companies Inc (TJX) are moving higher this morning, while Lowe`s Companies Inc (LOW), Norwegian Cruise Line Holdings Ltd (NCLH) and Carnival Corp (CCL) are headed lower. Tesla Inc (TSLA), Under Armour Inc Class A (UAA) and Boeing Co (BA) were upgraded by analysts this morning, while Honeywell International Inc. (HON), ONEOK, Inc. (OKE) and Anterix Inc (ATEX) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Mumbai Sensex is up 0.52%, the Hang Seng is up 0.49%, the Australia ASX All Ordinaries is up 0.43% the Shanghai SE Composite Index is up 0.22% and the Nikkei 225 is down -1.1%. In Europe stocks are up. The CAC 40 is up 0.63%, the Euro Stoxx 50 is up 0.52%, the FTSE 100 is up 0.42% and the DAX is up 0.39%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.93 at 42.36 per barrel. Brent crude is up 1.02 at 44.77 per barrel. Natural Gas is up 0.06 at 2.75. Precious metals are down this morning. Gold is down -8.17 at 1872.21 per ounce. Platinum is down -2.15 at 927.68 while silver is down -0.26 at 24.4. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound.
Equity PUT/CALL RATIO
Yesterday, 1,647,214 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 807,519 put contracts. The single-session put/call ratio was 0.49.
TODAY'S ECONOMIC CALENDAR
Housing Starts
EARNINGS EXPECTED TODAY:
NVDA,LOW,TGT,TJX,OLCLY,OCPNY,CPRT,KEYS
