MORNING UPDATE: PriceWatch Alerts for KBH and More... for 2020-10-20 |
PriceWatch Alerts for KBH, MS, GS, KR, UNH ,EDU, THO, NKE, CMC and ACN. Today's optimal covered call on KB Home has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of KBH stock at $40.43 per share and sell one contract of the KB Home November 20, 2020 40 call for $2.62 for a net debit of $37.81 per share. This trade lasts 31 days, giving it an annualized return rate of 65.9% 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 3.2%. To enter this trade, buy 100 shares of MS stock at $50.95 per share and sell one contract of the Morgan Stanley November 06, 2020 51 call for $1.54 for a net debit of $49.41 per share. This trade lasts 17 days, giving it an annualized return rate of 65.3% 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 1.9%. To enter this trade, buy 100 shares of GS stock at $205.69 per share and sell one contract of the Goldman Sachs Group October 30, 2020 205 call for $4.58 for a net debit of $201.11 per share. This trade lasts 10 days, giving it an annualized return rate of 64.2% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Kroger Company has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of KR stock at $33.88 per share and sell one contract of the Kroger Company November 06, 2020 34 call for $0.88 for a net debit of $33.00 per share. This trade lasts 17 days, giving it an annualized return rate of 61.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of UNH stock at $324.22 per share and sell one contract of the Unitedhealth Group Inc November 06, 2020 325 call for $8.55 for a net debit of $315.67 per share. This trade lasts 17 days, giving it an annualized return rate of 59.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on New Oriental Education & Technol has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of EDU stock at $164.95 per share and sell one contract of the New Oriental Education & Technol November 20, 2020 165 call for $7.88 for a net debit of $157.07 per share. This trade lasts 31 days, giving it an annualized return rate of 57.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Thor Industries has an assigned return rate of 9.3%. To enter this trade, buy 100 shares of THO stock at $93.77 per share and sell one contract of the Thor Industries December 18, 2020 92.5 call for $9.16 for a net debit of $84.61 per share. This trade lasts 59 days, giving it an annualized return rate of 56.7% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nike Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of NKE stock at $127.43 per share and sell one contract of the Nike Inc October 30, 2020 127 call for $2.53 for a net debit of $124.90 per share. This trade lasts 10 days, giving it an annualized return rate of 55.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Commercial Metals Company has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of CMC stock at $21.11 per share and sell one contract of the Commercial Metals Company November 20, 2020 21 call for $1.01 for a net debit of $20.10 per share. This trade lasts 31 days, giving it an annualized return rate of 51.1% 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 2.4%. To enter this trade, buy 100 shares of ACN stock at $226.24 per share and sell one contract of the Accenture Plc November 06, 2020 225 call for $6.57 for a net debit of $219.67 per share. This trade lasts 17 days, giving it an annualized return rate of 49.2% The risk assessment of this trade is 4 keys, (Low 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 TechnipFMC PLC (FTI), Iqvia Holdings Inc (IQV) and Travelers Companies Inc (TRV) are moving higher this morning, while IBM Common Stock (IBM), Synchrony Financial (SYF) and Welltower Inc (WELL) are headed lower. Sandstorm Gold Ltd (SAND), Royal Gold, Inc (RGLD) and Franco Nevada Corp (FNV) were upgraded by analysts this morning, while Sprouts Farmers Market Inc (SFM), WPX Energy Inc (WPX) and Front Yard Residential Corp (RESI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.47%, the Mumbai Sensex is up 0.28%, the Hang Seng is up 0.11% the Nikkei 225 is down -0.44% and the Australia ASX All Ordinaries is down -0.6%. In Europe stocks are mixed. The CAC 40 is up 0.48%, the FTSE 100 is up 0.18%, the Euro Stoxx 50 is down -0.02% and the DAX is down -0.4%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.02 at 40.85 per barrel. Brent crude is down -0.06 at 42.56 per barrel. Natural Gas is up 0.1 at 2.9. Precious metals are mixed this morning. Gold is up 1.13 at 1905.21 per ounce. Platinum is up 3.07 at 863.18 while silver is down -0.04 at 24.63. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,648,791 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 712,233 put contracts. The single-session put/call ratio was 0.43. TODAY'S ECONOMIC CALENDAR Housing Starts EARNINGS EXPECTED TODAY: PG,NFLX,TXN,PM,LMT,CNI,PLD |