MORNING UPDATE: PriceWatch Alerts for CRM and More... for 2020-09-22 |
| PriceWatch Alerts for CRM, EAT, AMAT, ADSK, WDAY ,KLAC, DKS, MCHP, WPM and LVGO. Today's optimal covered call on Salesforce.com Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of CRM stock at $245.05 per share and sell one contract of the Salesforce.com Inc October 02, 2020 245 call for $7.00 for a net debit of $238.05 per share. This trade lasts 10 days, giving it an annualized return rate of 96.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Brinker International has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of EAT stock at $44.63 per share and sell one contract of the Brinker International October 16, 2020 44 call for $3.33 for a net debit of $41.30 per share. This trade lasts 24 days, giving it an annualized return rate of 95.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of AMAT stock at $57.32 per share and sell one contract of the Applied Materials October 02, 2020 57 call for $1.90 for a net debit of $55.42 per share. This trade lasts 10 days, giving it an annualized return rate of 94.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Autodesk Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of ADSK stock at $227.64 per share and sell one contract of the Autodesk Inc October 02, 2020 227.5 call for $6.46 for a net debit of $221.18 per share. This trade lasts 10 days, giving it an annualized return rate of 94.7% 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 2.8%. To enter this trade, buy 100 shares of WDAY stock at $203.55 per share and sell one contract of the Workday Inc October 02, 2020 202.5 call for $6.64 for a net debit of $196.90 per share. This trade lasts 10 days, giving it an annualized return rate of 94.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on K L A-Tencor Corp has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of KLAC stock at $181.10 per share and sell one contract of the K L A-Tencor Corp October 02, 2020 180 call for $6.07 for a net debit of $175.03 per share. This trade lasts 10 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 Dick's Sporting Goods Inc has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of DKS stock at $57.33 per share and sell one contract of the Dick's Sporting Goods Inc October 02, 2020 57 call for $1.88 for a net debit of $55.45 per share. This trade lasts 10 days, giving it an annualized return rate of 92.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Microchip Technology has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of MCHP stock at $98.50 per share and sell one contract of the Microchip Technology October 02, 2020 98.5 call for $2.67 for a net debit of $95.83 per share. This trade lasts 10 days, giving it an annualized return rate of 92.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Wheaton Precious Metals has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of WPM stock at $49.48 per share and sell one contract of the Wheaton Precious Metals October 02, 2020 49 call for $1.80 for a net debit of $47.68 per share. This trade lasts 10 days, giving it an annualized return rate of 91.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Livongo Health Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of LVGO stock at $130.51 per share and sell one contract of the Livongo Health Inc October 09, 2020 130 call for $6.12 for a net debit of $124.39 per share. This trade lasts 17 days, giving it an annualized return rate of 91.5% 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 AutoZone, Inc. (AZO), TechnipFMC PLC (FTI) and Norwegian Cruise Line Holdings Ltd (NCLH) are moving higher this morning, while Oracle Corporation (ORCL), Darden Restaurants, Inc. (DRI) and Prologis Inc (PLD) are headed lower. Allstate Corp (ALL), Amazon.com, Inc. (AMZN) and Progressive Corp (PGR) were upgraded by analysts this morning, while Illumina, Inc. (ILMN), Kratos Defense & Security Solutions, Inc (KTOS) and Avista Corp (AVA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Shanghai SE Composite Index is down -1.29%, the Hang Seng is down -0.98%, the Mumbai Sensex is down -0.79% the Australia ASX All Ordinaries is down -0.67% and the Nikkei 225 is up 0.18%.In Europe stocks are up. The DAX is up 0.87%, the Euro Stoxx 50 is up 0.71%, the CAC 40 is up 0.38% and the FTSE 100 is up 0.34%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.22 at 39.53 per barrel. Brent crude is up 0.19 at 41.63 per barrel. Natural Gas is up 0.03 at 1.86. Precious metals are down this morning. Gold is down -6.58 at 1905.93 per ounce. Platinum is down -3.79 at 882.56 while silver is down -0.14 at 24.25. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,484,040 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 726,180 put contracts. The single-session put/call ratio was 0.49. TODAY'S ECONOMIC CALENDAR Existing Home Sales EARNINGS EXPECTED TODAY: NKE,AZO,SNX |
