MORNING UPDATE: PriceWatch Alerts for DGX and More... for 2020-11-09 |
| PriceWatch Alerts for DGX, IQV, CAG, TMO, NDAQ ,DHR, LOGI, AVY, PHG and FRC. Today's optimal covered call on Quest Diagnostics Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DGX stock at $126.91 per share and sell one contract of the Quest Diagnostics Inc November 20, 2020 125 call for $3.95 for a net debit of $122.96 per share. This trade lasts 11 days, giving it an annualized return rate of 43.3% 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 1.7%. To enter this trade, buy 100 shares of IQV stock at $171.44 per share and sell one contract of the Iqvia Holdings Inc November 20, 2020 170 call for $4.21 for a net debit of $167.23 per share. This trade lasts 11 days, giving it an annualized return rate of 43.2% 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 2.4%. To enter this trade, buy 100 shares of CAG stock at $36.07 per share and sell one contract of the Conagra Brands Inc November 27, 2020 36 call for $0.93 for a net debit of $35.14 per share. This trade lasts 18 days, giving it an annualized return rate of 42.5% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Thermo Fisher Scientific Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of TMO stock at $527.66 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 520 call for $14.47 for a net debit of $513.19 per share. This trade lasts 11 days, giving it an annualized return rate of 34.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nasdaq Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of NDAQ stock at $133.20 per share and sell one contract of the Nasdaq Inc November 20, 2020 130 call for $4.87 for a net debit of $128.33 per share. This trade lasts 11 days, giving it an annualized return rate of 33.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Danaher Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of DHR stock at $245.46 per share and sell one contract of the Danaher Corp November 20, 2020 240 call for $8.45 for a net debit of $237.01 per share. This trade lasts 11 days, giving it an annualized return rate of 32.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Logitech Int S.A. has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of LOGI stock at $93.94 per share and sell one contract of the Logitech Int S.A. December 18, 2020 90 call for $6.35 for a net debit of $87.59 per share. This trade lasts 39 days, giving it an annualized return rate of 23.9% 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 2.7%. To enter this trade, buy 100 shares of AVY stock at $148.26 per share and sell one contract of the Avery Dennison Corp December 18, 2020 145 call for $7.14 for a net debit of $141.12 per share. This trade lasts 39 days, giving it an annualized return rate of 23.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Koninklijke Philips Electronics has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of PHG stock at $51.15 per share and sell one contract of the Koninklijke Philips Electronics December 18, 2020 50 call for $2.43 for a net debit of $48.72 per share. This trade lasts 39 days, giving it an annualized return rate of 22.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on First Republic Bank has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of FRC stock at $129.77 per share and sell one contract of the First Republic Bank February 19, 2021 130 call for $7.76 for a net debit of $122.01 per share. This trade lasts 102 days, giving it an annualized return rate of 22.8% 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'. 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STOCKS ON THE MOVE Carnival Corp (CCL), Norwegian Cruise Line Holdings Ltd (NCLH) and Royal Caribbean Cruises Ltd (RCL) are moving higher this morning, while Clorox Co (CLX), Newmont Corporation (NEM) and Abbott Laboratories (ABT) are headed lower. Jack Henry & Associates, Inc. (JKHY), New York Times Co (NYT) and Albemarle Corporation (ALB) were upgraded by analysts this morning, while Magellan Midstream Partners, L.P. (MMP), Beigene Ltd (BGNE) and Rigel Pharmaceuticals, Inc. (RIGL) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 2.12%, the Australia ASX All Ordinaries is up 1.89%, the Shanghai SE Composite Index is up 1.86% the Mumbai Sensex is up 1.69% and the Hang Seng is up 1.18%. In Europe stocks are up. The CAC 40 is up 6.94%, the Euro Stoxx 50 is up 6.07%, the DAX is up 5.65% and the FTSE 100 is up 4.83%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 3.15 at 40.29 per barrel. Brent crude is up 3.06 at 42.51 per barrel. Natural Gas is up 0.03 at 2.92. Precious metals are down this morning. Gold is down -39.43 at 1911.92 per ounce. Platinum is down -13.62 at 882.02 while silver is down -0.9 at 24.77. 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, 1,870,116 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 766,714 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR None Scheduled EARNINGS EXPECTED TODAY: MCD, HWM, OXY, IFF, NGL, SPG |
