MORNING UPDATE: PriceWatch Alerts for EDU and More... for 2020-10-26 |
| PriceWatch Alerts for EDU, GS, CSX, MS, COST ,ACN, PEP, TMO, FRC and CCK. Today's optimal covered call on New Oriental Education & Technol has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of EDU stock at $170.53 per share and sell one contract of the New Oriental Education & Technol November 20, 2020 170 call for $7.96 for a net debit of $162.57 per share. This trade lasts 25 days, giving it an annualized return rate of 59.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Goldman Sachs Group has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of GS stock at $205.04 per share and sell one contract of the Goldman Sachs Group November 06, 2020 202.5 call for $6.93 for a net debit of $198.11 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 CSX Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CSX stock at $81.29 per share and sell one contract of the CSX Corp November 06, 2020 81 call for $2.02 for a net debit of $79.27 per share. This trade lasts 11 days, giving it an annualized return rate of 57.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Morgan Stanley has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of MS stock at $51.87 per share and sell one contract of the Morgan Stanley November 06, 2020 51.5 call for $1.37 for a net debit of $50.50 per share. This trade lasts 11 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 Costco Wholesale has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of COST stock at $374.60 per share and sell one contract of the Costco Wholesale November 06, 2020 375 call for $6.84 for a net debit of $367.76 per share. This trade lasts 11 days, giving it an annualized return rate of 51.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Accenture Plc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of ACN stock at $229.70 per share and sell one contract of the Accenture Plc November 13, 2020 230 call for $5.19 for a net debit of $224.51 per share. This trade lasts 18 days, giving it an annualized return rate of 42.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Pepsico Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of PEP stock at $139.56 per share and sell one contract of the Pepsico Inc November 06, 2020 139 call for $2.78 for a net debit of $136.78 per share. This trade lasts 11 days, giving it an annualized return rate of 42.3% 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 3.2%. To enter this trade, buy 100 shares of TMO stock at $480.17 per share and sell one contract of the Thermo Fisher Scientific Inc November 20, 2020 480 call for $15.22 for a net debit of $464.95 per share. This trade lasts 25 days, giving it an annualized return rate of 42.2% 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 3.2%. To enter this trade, buy 100 shares of FRC stock at $130.98 per share and sell one contract of the First Republic Bank November 20, 2020 130 call for $5.04 for a net debit of $125.94 per share. This trade lasts 25 days, giving it an annualized return rate of 42.0% 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 3.2%. To enter this trade, buy 100 shares of CCK stock at $90.38 per share and sell one contract of the Crown Cork & Seal Company November 20, 2020 90 call for $3.13 for a net debit of $87.25 per share. This trade lasts 25 days, giving it an annualized return rate of 41.1% 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 Capital One Financial Corp. (COF), Otis Worldwide Corp (OTIS) and ServiceNow Inc (NOW) are moving higher this morning, while Norwegian Cruise Line Holdings Ltd (NCLH), Carnival Corp (CCL) and KeyCorp (KEY) are headed lower. PulteGroup, Inc. (PHM), Huntington Bancshares Incorporated (HBAN) and Archer-Daniels-Midland Co (ADM) were upgraded by analysts this morning, while Veoneer Inc (VNE), KeyCorp (KEY) and Boot Barn Holdings Inc (BOOT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.54%, the Nikkei 225 is up 0.08%, the Australia ASX All Ordinaries is down -0.26% the Shanghai SE Composite Index is down -0.82% and the Mumbai Sensex is down -1.33%. Stocks in Europe are down. The DAX is down -2.6%, the Euro Stoxx 50 is down -1.92%, the CAC 40 is down -0.93% and the FTSE 100 is down -0.33%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.92 at 33.93 per barrel. Brent crude is down -0.94 at 40.83 per barrel. Natural Gas is up 0.06 at 3.03. Precious metals are mixed this morning. Gold is down -0.83 at 1901.22 per ounce. Platinum is up 22.4 at 882.61 while silver is down -0.39 at 24.28. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,564,801 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 823,766 put contracts. The single-session put/call ratio was 0.53. TODAY'S ECONOMIC CALENDAR New Home Sales EARNINGS EXPECTED TODAY: HCA, SAP, OTIS, PFG, NXPI, CINF, PKG, NOV, AMKR |
