MORNING UPDATE: PriceWatch Alerts for COST and More... for 2020-11-01 |
| PriceWatch Alerts for COST, PCAR, ACN, CCK, DGX ,NEE, TMO, DHR, IQV and AVY. Today's optimal covered call on Costco Wholesale has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of COST stock at $357.62 per share and sell one contract of the Costco Wholesale November 13, 2020 357.5 call for $8.04 for a net debit of $349.58 per share. This trade lasts 11 days, giving it an annualized return rate of 59.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Paccar Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of PCAR stock at $85.38 per share and sell one contract of the Paccar Inc November 20, 2020 85 call for $3.14 for a net debit of $82.24 per share. This trade lasts 18 days, giving it an annualized return rate of 58.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Accenture Plc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of ACN stock at $216.91 per share and sell one contract of the Accenture Plc November 13, 2020 215 call for $6.57 for a net debit of $210.34 per share. This trade lasts 11 days, giving it an annualized return rate of 57.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of CCK stock at $85.80 per share and sell one contract of the Crown Cork & Seal Company November 20, 2020 85 call for $3.46 for a net debit of $82.34 per share. This trade lasts 18 days, giving it an annualized return rate of 56.1% 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 3.2%. To enter this trade, buy 100 shares of DGX stock at $122.14 per share and sell one contract of the Quest Diagnostics Inc November 20, 2020 120 call for $5.88 for a net debit of $116.26 per share. This trade lasts 18 days, giving it an annualized return rate of 55.9% 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 3.0%. To enter this trade, buy 100 shares of NEE stock at $73.21 per share and sell one contract of the Nextera Energy November 20, 2020 72.5 call for $2.83 for a net debit of $70.38 per share. This trade lasts 18 days, giving it an annualized return rate of 52.4% The risk assessment of this trade is 3 keys, (Moderate 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 $473.12 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 470 call for $16.61 for a net debit of $456.51 per share. This trade lasts 18 days, giving it an annualized return rate of 51.4% 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 2.9%. To enter this trade, buy 100 shares of DHR stock at $229.54 per share and sell one contract of the Danaher Corp November 20, 2020 230 call for $6.06 for a net debit of $223.48 per share. This trade lasts 18 days, giving it an annualized return rate of 50.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Iqvia Holdings Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of IQV stock at $153.99 per share and sell one contract of the Iqvia Holdings Inc November 20, 2020 150 call for $7.79 for a net debit of $146.20 per share. This trade lasts 18 days, giving it an annualized return rate of 45.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Avery Dennison Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of AVY stock at $138.39 per share and sell one contract of the Avery Dennison Corp November 20, 2020 135 call for $6.46 for a net debit of $131.93 per share. This trade lasts 18 days, giving it an annualized return rate of 40.4% 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)! 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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 Nielsen Holdings PLC (NLSN), Estee Lauder Companies Inc (EL) and TechnipFMC PLC (FTI) are moving higher this morning, while HollyFrontier Corp (HFC), Occidental Petroleum Corporation (OXY) and Marathon Oil Corporation (MRO) are headed lower. Under Armour Inc Class A (UAA), Archer-Daniels-Midland Co (ADM) and Mercer International Inc. (MERC) were upgraded by analysts this morning, while Harley-Davidson Inc (HOG), SAP SE (SAP) and Oliver's Real Food Ltd (OLI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 1.54%, the Nikkei 225 is up 1.39%, the Mumbai Sensex is up 0.36% the Australia ASX All Ordinaries is up 0.23% and the Shanghai SE Composite Index is up 0.02%. In Europe stocks are up. The Euro Stoxx 50 is up 1.68%, the CAC 40 is up 1.66%, the DAX is up 1.55% and the FTSE 100 is up 0.99%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.86 at 34.93 per barrel. Brent crude is down -0.71 at 37.23 per barrel. Natural Gas is down -0.08 at 3.28. Precious metals are up this morning. Gold is up 11.11 at 1889.92 per ounce. Platinum is up 9.42 at 856.88 while silver is up 0.43 at 24.08. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,479,871 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,139,299 put contracts. The single-session put/call ratio was 0.77. TODAY'S ECONOMIC CALENDAR ISM Manufacturing Index EARNINGS EXPECTED TODAY: PYPL,EL,MDLX,WM,WBK,ITUB,SBAC,CLX,SWKS,KHNGY,WMB,NTR |
