MORNING UPDATE: PriceWatch Alerts for COST and More... for 2020-11-03 |
| PriceWatch Alerts for COST, TMO, DOV, AVY, NEE ,CAG, PNR, FRC, DHR and CCK. Today's optimal covered call on Costco Wholesale has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of COST stock at $364.39 per share and sell one contract of the Costco Wholesale November 13, 2020 360 call for $10.93 for a net debit of $353.46 per share. This trade lasts 10 days, giving it an annualized return rate of 61.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Thermo Fisher Scientific Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of TMO stock at $480.55 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 480 call for $14.66 for a net debit of $465.89 per share. This trade lasts 17 days, giving it an annualized return rate of 61.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dover Corp has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of DOV stock at $114.87 per share and sell one contract of the Dover Corp November 20, 2020 115 call for $3.19 for a net debit of $111.68 per share. This trade lasts 17 days, giving it an annualized return rate of 60.3% 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 3.0%. To enter this trade, buy 100 shares of AVY stock at $141.70 per share and sell one contract of the Avery Dennison Corp November 20, 2020 140 call for $5.73 for a net debit of $135.97 per share. This trade lasts 17 days, giving it an annualized return rate of 60.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nextera Energy has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of NEE stock at $75.13 per share and sell one contract of the Nextera Energy November 20, 2020 75 call for $2.28 for a net debit of $72.85 per share. This trade lasts 17 days, giving it an annualized return rate of 59.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of CAG stock at $35.60 per share and sell one contract of the Conagra Brands Inc November 20, 2020 35.5 call for $1.12 for a net debit of $34.48 per share. This trade lasts 17 days, giving it an annualized return rate of 59.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pentair Ltd has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of PNR stock at $50.70 per share and sell one contract of the Pentair Ltd November 20, 2020 50 call for $2.12 for a net debit of $48.58 per share. This trade lasts 17 days, giving it an annualized return rate of 59.1% 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 2.9%. To enter this trade, buy 100 shares of FRC stock at $127.22 per share and sell one contract of the First Republic Bank November 20, 2020 125 call for $5.75 for a net debit of $121.47 per share. This trade lasts 17 days, giving it an annualized return rate of 58.9% 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 2.5%. To enter this trade, buy 100 shares of DHR stock at $232.44 per share and sell one contract of the Danaher Corp November 20, 2020 230 call for $7.96 for a net debit of $224.48 per share. This trade lasts 17 days, giving it an annualized return rate of 49.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of CCK stock at $89.56 per share and sell one contract of the Crown Cork & Seal Company November 20, 2020 87.5 call for $4.06 for a net debit of $85.50 per share. This trade lasts 17 days, giving it an annualized return rate of 47.4% 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)! 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 Arista Networks Inc (ANET), TechnipFMC PLC (FTI) and Devon Energy Corp (DVN) are moving higher this morning, while Apartment Investment and Management Co (AIV), Mosaic Co (MOS) and Leggett & Platt, Inc. (LEG) are headed lower. Henry Schein, Inc. (HSIC), Cna Financial Corp (CNA) and Kimco Realty Corp (KIM) were upgraded by analysts this morning, while Solaredge Technologies Inc (SEDG), Skechers USA Inc (SKX) and Pacific Biosciences of California Inc (PACB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 1.96%, the Australia ASX All Ordinaries is up 1.88%, the Shanghai SE Composite Index is up 1.42% the Nikkei 225 is up 1.39% and the Mumbai Sensex is up 1.27%. In Europe stocks are up. The CAC 40 is up 2.04%, the FTSE 100 is up 2.03%, the Euro Stoxx 50 is up 1.97% and the DAX is up 1.89%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 1.19 at 38 per barrel. Brent crude is up 1.16 at 40.13 per barrel. Natural Gas is down -0.07 at 3.18. Precious metals are up this morning. Gold is up 8.4 at 1900.9 per ounce. Platinum is up 14.66 at 876.99 while silver is up 0.3 at 24.33. 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, 1,187,827 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 734,931 put contracts. The single-session put/call ratio was 0.62. TODAY'S ECONOMIC CALENDAR Factory Orders EARNINGS EXPECTED TODAY: MCK, HUM, SYY, EXC, JCI, EMR, ETN, W, PRU, ES, TX, |
