MORNING UPDATE: PriceWatch Alerts for OMI and More... for 2020-10-14 |
| PriceWatch Alerts for OMI, UBER, NVDA, HUYA, WPM ,SPLK, MTCH, OKTA, WDAY and ZS. Today's optimal covered call on Owens & Minor has an assigned return rate of 10.4%. To enter this trade, buy 100 shares of OMI stock at $25.62 per share and sell one contract of the Owens & Minor November 20, 2020 25 call for $2.98 for a net debit of $22.64 per share. This trade lasts 37 days, giving it an annualized return rate of 99.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Uber Technologies Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of UBER stock at $35.56 per share and sell one contract of the Uber Technologies Inc October 23, 2020 35.5 call for $0.99 for a net debit of $34.57 per share. This trade lasts 9 days, giving it an annualized return rate of 98.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nvidia Corp has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of NVDA stock at $569.93 per share and sell one contract of the Nvidia Corp October 23, 2020 570 call for $14.72 for a net debit of $555.21 per share. This trade lasts 9 days, giving it an annualized return rate of 97.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Huya Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of HUYA stock at $22.34 per share and sell one contract of the Huya Inc October 30, 2020 22 call for $1.29 for a net debit of $21.05 per share. This trade lasts 16 days, giving it an annualized return rate of 96.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Wheaton Precious Metals has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of WPM stock at $50.56 per share and sell one contract of the Wheaton Precious Metals October 23, 2020 50.5 call for $1.34 for a net debit of $49.22 per share. This trade lasts 9 days, giving it an annualized return rate of 94.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Splunk Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of SPLK stock at $215.83 per share and sell one contract of the Splunk Inc October 23, 2020 215 call for $6.24 for a net debit of $209.59 per share. This trade lasts 9 days, giving it an annualized return rate of 94.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Match Group Inc has an assigned return rate of 6.2%. To enter this trade, buy 100 shares of MTCH stock at $111.16 per share and sell one contract of the Match Group Inc November 06, 2020 110 call for $7.56 for a net debit of $103.60 per share. This trade lasts 23 days, giving it an annualized return rate of 93.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Okta Inc Cl A has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of OKTA stock at $246.95 per share and sell one contract of the Okta Inc Cl A October 23, 2020 245 call for $8.04 for a net debit of $238.90 per share. This trade lasts 9 days, giving it an annualized return rate of 93.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Workday Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of WDAY stock at $232.90 per share and sell one contract of the Workday Inc October 23, 2020 232.5 call for $6.16 for a net debit of $226.74 per share. This trade lasts 9 days, giving it an annualized return rate of 92.7% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Zscaler Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ZS stock at $154.42 per share and sell one contract of the Zscaler Inc October 23, 2020 152.5 call for $5.66 for a net debit of $148.76 per share. This trade lasts 9 days, giving it an annualized return rate of 91.6% The risk assessment of this trade is 5 keys, (The Lowest 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 Concho Resources Inc (CXO), Goldman Sachs Group Inc (GS) and Morgan Stanley (MS) are moving higher this morning, while Albemarle Corporation (ALB), ResMed Inc. (RMD) and Bank of America Corp (BAC) are headed lower. Altair Engineering Inc (ALTR), Nio Inc - ADR (NIO) and AnaptysBio Inc (ANAB) were upgraded by analysts this morning, while Pentair PLC (PNR), InVitae Corp (NVTA) and DouYu International Holdings Ltd (DOYU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.42%, the Nikkei 225 is up 0.11%, the Hang Seng is up 0.07% the Australia ASX All Ordinaries is down -0.2% and the Shanghai SE Composite Index is down -0.56%. Stocks in Europe are down. The Euro Stoxx 50 is down -0.31%, the FTSE 100 is down -0.26%, the CAC 40 is down -0.24% and the DAX is down -0.17%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.1 at 40.1 per barrel. Brent crude is down -0.06 at 42.37 per barrel. Natural Gas is down -0.18 at 2.67. Precious metals are up this morning. Gold is up 9.05 at 1900.41 per ounce. Platinum is up 1.85 at 870.61 while silver is up 0.14 at 24.27. 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, 1,712,932 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 665,755 put contracts. The single-session put/call ratio was 0.39. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index EARNINGS EXPECTED TODAY: UNH, BAC, WFC, PGR, GS, USB, PNC, UAL, AA |
