MORNING UPDATE: PriceWatch Alerts for SGEN and More... for 2020-10-01 |
| PriceWatch Alerts for SGEN, NKE, PLAN, COST, ALNY ,GRUB, HRB, DG, HTHT and NAV. Today's optimal covered call on Seattle Genetics Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of SGEN stock at $195.69 per share and sell one contract of the Seattle Genetics Inc October 16, 2020 195 call for $5.48 for a net debit of $190.21 per share. This trade lasts 15 days, giving it an annualized return rate of 57.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nike Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of NKE stock at $125.54 per share and sell one contract of the Nike Inc October 09, 2020 125 call for $2.26 for a net debit of $123.28 per share. This trade lasts 8 days, giving it an annualized return rate of 56.6% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Anaplan Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of PLAN stock at $62.58 per share and sell one contract of the Anaplan Inc October 16, 2020 60 call for $3.93 for a net debit of $58.65 per share. This trade lasts 15 days, giving it an annualized return rate of 52.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Costco Wholesale has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of COST stock at $355.00 per share and sell one contract of the Costco Wholesale October 09, 2020 355 call for $4.52 for a net debit of $350.48 per share. This trade lasts 8 days, giving it an annualized return rate of 52.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Alnylam Pharmaceuticals has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of ALNY stock at $145.60 per share and sell one contract of the Alnylam Pharmaceuticals October 16, 2020 140 call for $8.62 for a net debit of $136.98 per share. This trade lasts 15 days, giving it an annualized return rate of 50.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Grubhub Inc has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of GRUB stock at $72.33 per share and sell one contract of the Grubhub Inc October 30, 2020 71 call for $3.91 for a net debit of $68.42 per share. This trade lasts 29 days, giving it an annualized return rate of 45.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on H&R Block has an assigned return rate of 6.1%. To enter this trade, buy 100 shares of HRB stock at $16.29 per share and sell one contract of the H&R Block November 20, 2020 16 call for $1.22 for a net debit of $15.08 per share. This trade lasts 50 days, giving it an annualized return rate of 43.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dollar General Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of DG stock at $209.62 per share and sell one contract of the Dollar General Corp October 16, 2020 210 call for $3.44 for a net debit of $206.18 per share. This trade lasts 15 days, giving it an annualized return rate of 42.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Huazhu Group Ltd has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of HTHT stock at $43.24 per share and sell one contract of the Huazhu Group Ltd November 20, 2020 40 call for $5.06 for a net debit of $38.18 per share. This trade lasts 50 days, giving it an annualized return rate of 34.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Navistar International Corp has an assigned return rate of 6.9%. To enter this trade, buy 100 shares of NAV stock at $43.54 per share and sell one contract of the Navistar International Corp January 15, 2021 42 call for $4.25 for a net debit of $39.29 per share. This trade lasts 106 days, giving it an annualized return rate of 23.5% 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)! 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 Norwegian Cruise Line Holdings Ltd (NCLH), Baxter International Inc (BAX) and Carnival Corp (CCL) are moving higher this morning, while Valero Energy Corporation (VLO), Marathon Petroleum Corp (MPC) and Medtronic PLC (MDT) are headed lower. Devon Energy Corp (DVN), Azul SA (AZUL) and Potlatchdeltic Corp (PCH) were upgraded by analysts this morning, while Copa Holdings, S.A. (CPA), Grupo Aeroportuario dl Srst SAB CV (ASR) and Selecta Biosciences Inc (SELB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 1.65%, the Australia ASX All Ordinaries is up 1%, the Hang Seng is up 0.79% the Nikkei 225 is flat 0% and the Shanghai SE Composite Index is down -0.2%. In Europe stocks are up. The CAC 40 is up 0.9%, the FTSE 100 is up 0.52%, the Euro Stoxx 50 is up 0.47% and the DAX is up 0.23%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.7 at 39.52 per barrel. Brent crude is down -0.67 at 41.63 per barrel. Natural Gas is up 0.06 at 2.59. Precious metals are up this morning. Gold is up 12.58 at 1898.4 per ounce. Platinum is up 10.29 at 903.49 while silver is up 0.42 at 23.91. 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, 1,381,129 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 619,065 put contracts. The single-session put/call ratio was 0.45. TODAY'S ECONOMIC CALENDAR Initial Claims EARNINGS EXPECTED TODAY: PEP,STZ,HNNMY,CAG,BBBY |
