MORNING UPDATE: PriceWatch Alerts for HZNP and More... for 2020-10-08 |
| PriceWatch Alerts for HZNP, GPS, YETI, MDB, MRVL ,OKTA, AAOI, ZS, KBH and JD. Today's optimal covered call on Horizon Therapeutics has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of HZNP stock at $80.54 per share and sell one contract of the Horizon Therapeutics October 16, 2020 80 call for $2.78 for a net debit of $77.75 per share. This trade lasts 8 days, giving it an annualized return rate of 117.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Gap Inc has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of GPS stock at $19.78 per share and sell one contract of the Gap Inc October 23, 2020 19.5 call for $1.23 for a net debit of $18.55 per share. This trade lasts 15 days, giving it an annualized return rate of 116.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Yeti Holdings Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of YETI stock at $50.00 per share and sell one contract of the Yeti Holdings Inc October 16, 2020 50 call for $1.39 for a net debit of $48.61 per share. This trade lasts 8 days, giving it an annualized return rate of 115.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Mongodb Inc Cl A has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of MDB stock at $253.11 per share and sell one contract of the Mongodb Inc Cl A October 16, 2020 252.5 call for $7.41 for a net debit of $245.70 per share. This trade lasts 8 days, giving it an annualized return rate of 112.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Marvell Tech Group has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of MRVL stock at $42.62 per share and sell one contract of the Marvell Tech Group October 16, 2020 42.5 call for $1.22 for a net debit of $41.40 per share. This trade lasts 8 days, giving it an annualized return rate of 107.5% The risk assessment of this trade is 4 keys, (Low 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 $236.60 per share and sell one contract of the Okta Inc Cl A October 16, 2020 235 call for $7.64 for a net debit of $228.97 per share. This trade lasts 8 days, giving it an annualized return rate of 106.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Applied Optoelect has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of AAOI stock at $11.48 per share and sell one contract of the Applied Optoelect November 06, 2020 11 call for $1.36 for a net debit of $10.12 per share. This trade lasts 29 days, giving it an annualized return rate of 105.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Zscaler Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of ZS stock at $147.68 per share and sell one contract of the Zscaler Inc October 16, 2020 147 call for $4.37 for a net debit of $143.31 per share. This trade lasts 8 days, giving it an annualized return rate of 104.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on KB Home has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of KBH stock at $38.42 per share and sell one contract of the KB Home October 16, 2020 38 call for $1.36 for a net debit of $37.05 per share. This trade lasts 8 days, giving it an annualized return rate of 103.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Jd.com Inc Ads has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of JD stock at $78.12 per share and sell one contract of the Jd.com Inc Ads October 16, 2020 78 call for $2.05 for a net debit of $76.07 per share. This trade lasts 8 days, giving it an annualized return rate of 102.9% 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. 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STOCKS ON THE MOVE IBM Common Stock (IBM), TechnipFMC PLC (FTI) and Invesco Ltd. (IVZ) are moving higher this morning, while Domino's Pizza, Inc. (DPZ), Morgan Stanley (MS) and Linde PLC (LIN) are headed lower. First Horizon National Corp (FHN), Spirit Airlines Incorporated (SAVE) and Medtronic PLC (MDT) were upgraded by analysts this morning, while Texas Capital Bancshares Inc (TCBI), Intersect ENT Inc (XENT) and Vale SA (VALE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.06%, the Nikkei 225 is up 0.96%, the Mumbai Sensex is up 0.76% the Hang Seng is down -0.19% and the Shanghai SE Composite Index is down -0.2%. In Europe stocks are up. The DAX is up 0.64%, the Euro Stoxx 50 is up 0.49%, the FTSE 100 is up 0.48% and the CAC 40 is up 0.46%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.72 at 40.67 per barrel. Brent crude is up 0.81 at 42.8 per barrel. Natural Gas is down -0.04 at 2.56. Precious metals are mixed this morning. Gold is up 3.96 at 1891.38 per ounce. Platinum is down -4.5 at 863.29 while silver is up 0.18 at 24.08. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,329,440 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 560,885 put contracts. The single-session put/call ratio was 0.42. TODAY'S ECONOMIC CALENDAR Initial Claims EARNINGS EXPECTED TODAY: SVNDY,DPZ,CCL,YASKY |
