MORNING UPDATE: PriceWatch Alerts for PEP and More...
PriceWatch Alerts for PEP, SNBR, ACN, EDU, FRC ,TMO, CCK, NDAQ, APH and DOV.
Today's optimal covered call on Pepsico Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of PEP stock at $139.12 per share and sell one contract of the Pepsico Inc November 06, 2020 139 call for $2.44 for a net debit of $136.68 per share. This trade lasts 9 days, giving it an annualized return rate of 62.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Sleep Number Corp has an assigned return rate of 8.8%. To enter this trade, buy 100 shares of SNBR stock at $64.73 per share and sell one contract of the Sleep Number Corp December 18, 2020 65 call for $4.96 for a net debit of $59.77 per share. This trade lasts 51 days, giving it an annualized return rate of 61.4% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Accenture Plc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of ACN stock at $220.66 per share and sell one contract of the Accenture Plc November 13, 2020 220 call for $6.45 for a net debit of $214.21 per share. This trade lasts 16 days, giving it an annualized return rate of 58.0% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on New Oriental Education & Technol has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of EDU stock at $168.81 per share and sell one contract of the New Oriental Education & Technol November 20, 2020 165 call for $9.38 for a net debit of $159.43 per share. This trade lasts 23 days, giving it an annualized return rate of 53.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on First Republic Bank has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of FRC stock at $125.75 per share and sell one contract of the First Republic Bank November 20, 2020 125 call for $4.84 for a net debit of $120.91 per share. This trade lasts 23 days, giving it an annualized return rate of 51.4% 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 3.3%. To enter this trade, buy 100 shares of TMO stock at $489.30 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 490 call for $14.87 for a net debit of $474.43 per share. This trade lasts 23 days, giving it an annualized return rate of 49.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of CCK stock at $87.86 per share and sell one contract of the Crown Cork & Seal Company November 20, 2020 87.5 call for $3.13 for a net debit of $84.73 per share. This trade lasts 23 days, giving it an annualized return rate of 49.7% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Nasdaq Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of NDAQ stock at $125.10 per share and sell one contract of the Nasdaq Inc November 20, 2020 125 call for $4.04 for a net debit of $121.06 per share. This trade lasts 23 days, giving it an annualized return rate of 49.5% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Amphenol Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of APH stock at $115.05 per share and sell one contract of the Amphenol Corp November 20, 2020 115 call for $3.54 for a net debit of $111.51 per share. This trade lasts 23 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Dover Corp has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of DOV stock at $111.55 per share and sell one contract of the Dover Corp November 20, 2020 110 call for $4.65 for a net debit of $106.90 per share. This trade lasts 23 days, giving it an annualized return rate of 44.1% 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
Sealed Air Corp (SEE), General Electric Company (GE) and Juniper Networks, Inc. (JNPR) are moving higher this morning, while Anthem Inc (ANTM), Halliburton Company (HAL) and Concho Resources Inc (CXO) are headed lower. Viewray Inc (VRAY), Omnicom Group Inc. (OMC) and BP plc (BP) were upgraded by analysts this morning, while New Fortress Energy Inc (NFE), Harley-Davidson Inc (HOG) and Frontline Ltd (FRO) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.46%, the Australia ASX All Ordinaries is up 0.23%, the Nikkei 225 is down -0.29% the Hang Seng is down -0.32% and the Mumbai Sensex is down -1.48%. Stocks in Europe are down. The DAX is down -3.24%, the CAC 40 is down -3.05%, the Euro Stoxx 50 is down -2.98% and the FTSE 100 is down -1.72%.
FUTURES & CURRENCIES
Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.81 at 37.76 per barrel. Brent crude is down -1.59 at 39.61 per barrel. Natural Gas is down -0.01 at 3.01. Precious metals are down this morning. Gold is down -18.06 at 1889.93 per ounce. Platinum is down -10.07 at 872.87 while silver is down -0.46 at 24.11. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound.
Equity PUT/CALL RATIO
Yesterday, 1,224,489 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 724,081 put contracts. The single-session put/call ratio was 0.59.
TODAY'S ECONOMIC CALENDAR
MBA Mortgage Applications Index
EARNINGS EXPECTED TODAY:
SNE, YNDX, ANTM, UPS, GE, BA, MA, F, SU, AMGN, GILD, V,
Today's optimal covered call on Pepsico Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of PEP stock at $139.12 per share and sell one contract of the Pepsico Inc November 06, 2020 139 call for $2.44 for a net debit of $136.68 per share. This trade lasts 9 days, giving it an annualized return rate of 62.0% The risk assessment of this trade is 5 keys, (The Lowest relative risk).
Today's optimal covered call on Sleep Number Corp has an assigned return rate of 8.8%. To enter this trade, buy 100 shares of SNBR stock at $64.73 per share and sell one contract of the Sleep Number Corp December 18, 2020 65 call for $4.96 for a net debit of $59.77 per share. This trade lasts 51 days, giving it an annualized return rate of 61.4% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Accenture Plc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of ACN stock at $220.66 per share and sell one contract of the Accenture Plc November 13, 2020 220 call for $6.45 for a net debit of $214.21 per share. This trade lasts 16 days, giving it an annualized return rate of 58.0% The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on New Oriental Education & Technol has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of EDU stock at $168.81 per share and sell one contract of the New Oriental Education & Technol November 20, 2020 165 call for $9.38 for a net debit of $159.43 per share. This trade lasts 23 days, giving it an annualized return rate of 53.1% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on First Republic Bank has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of FRC stock at $125.75 per share and sell one contract of the First Republic Bank November 20, 2020 125 call for $4.84 for a net debit of $120.91 per share. This trade lasts 23 days, giving it an annualized return rate of 51.4% 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 3.3%. To enter this trade, buy 100 shares of TMO stock at $489.30 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 490 call for $14.87 for a net debit of $474.43 per share. This trade lasts 23 days, giving it an annualized return rate of 49.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Crown Cork & Seal Company has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of CCK stock at $87.86 per share and sell one contract of the Crown Cork & Seal Company November 20, 2020 87.5 call for $3.13 for a net debit of $84.73 per share. This trade lasts 23 days, giving it an annualized return rate of 49.7% The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Nasdaq Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of NDAQ stock at $125.10 per share and sell one contract of the Nasdaq Inc November 20, 2020 125 call for $4.04 for a net debit of $121.06 per share. This trade lasts 23 days, giving it an annualized return rate of 49.5% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Amphenol Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of APH stock at $115.05 per share and sell one contract of the Amphenol Corp November 20, 2020 115 call for $3.54 for a net debit of $111.51 per share. This trade lasts 23 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Dover Corp has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of DOV stock at $111.55 per share and sell one contract of the Dover Corp November 20, 2020 110 call for $4.65 for a net debit of $106.90 per share. This trade lasts 23 days, giving it an annualized return rate of 44.1% 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
Sealed Air Corp (SEE), General Electric Company (GE) and Juniper Networks, Inc. (JNPR) are moving higher this morning, while Anthem Inc (ANTM), Halliburton Company (HAL) and Concho Resources Inc (CXO) are headed lower. Viewray Inc (VRAY), Omnicom Group Inc. (OMC) and BP plc (BP) were upgraded by analysts this morning, while New Fortress Energy Inc (NFE), Harley-Davidson Inc (HOG) and Frontline Ltd (FRO) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.46%, the Australia ASX All Ordinaries is up 0.23%, the Nikkei 225 is down -0.29% the Hang Seng is down -0.32% and the Mumbai Sensex is down -1.48%. Stocks in Europe are down. The DAX is down -3.24%, the CAC 40 is down -3.05%, the Euro Stoxx 50 is down -2.98% and the FTSE 100 is down -1.72%.
FUTURES & CURRENCIES
Energy futures are down today. The price for West Texas Intermediate crude oil is down -1.81 at 37.76 per barrel. Brent crude is down -1.59 at 39.61 per barrel. Natural Gas is down -0.01 at 3.01. Precious metals are down this morning. Gold is down -18.06 at 1889.93 per ounce. Platinum is down -10.07 at 872.87 while silver is down -0.46 at 24.11. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound.
Equity PUT/CALL RATIO
Yesterday, 1,224,489 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 724,081 put contracts. The single-session put/call ratio was 0.59.
TODAY'S ECONOMIC CALENDAR
MBA Mortgage Applications Index
EARNINGS EXPECTED TODAY:
SNE, YNDX, ANTM, UPS, GE, BA, MA, F, SU, AMGN, GILD, V,
