MORNING UPDATE: PriceWatch Alerts for SPLK and More... for 2020-09-16 |
| PriceWatch Alerts for SPLK, MRVL, WPM, HXNP, ATVI ,KLAC, ADSK, TTWO, BABA and FLWS. 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 $185.35 per share and sell one contract of the Splunk Inc September 25, 2020 185 call for $5.04 for a net debit of $180.30 per share. This trade lasts 9 days, giving it an annualized return rate of 95.0% 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 $39.01 per share and sell one contract of the Marvell Tech Group September 25, 2020 39 call for $1.00 for a net debit of $38.01 per share. This trade lasts 9 days, giving it an annualized return rate of 94.8% 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 2.5%. To enter this trade, buy 100 shares of WPM stock at $54.01 per share and sell one contract of the Wheaton Precious Metals September 25, 2020 53.5 call for $1.83 for a net debit of $52.18 per share. This trade lasts 9 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 Horizon Therapeutics has an assigned return rate of 7.7%. To enter this trade, buy 100 shares of HZNP stock at $78.97 per share and sell one contract of the Horizon Therapeutics October 16, 2020 80 call for $4.72 for a net debit of $74.25 per share. This trade lasts 30 days, giving it an annualized return rate of 91.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Activision Blizzard has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ATVI stock at $81.75 per share and sell one contract of the Activision Blizzard September 25, 2020 82 call for $1.72 for a net debit of $80.03 per share. This trade lasts 9 days, giving it an annualized return rate of 89.8% 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 2.4%. To enter this trade, buy 100 shares of KLAC stock at $180.76 per share and sell one contract of the K L A-Tencor Corp September 25, 2020 180 call for $4.99 for a net debit of $175.77 per share. This trade lasts 9 days, giving it an annualized return rate of 87.8% 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 2.4%. To enter this trade, buy 100 shares of ADSK stock at $235.87 per share and sell one contract of the Autodesk Inc September 25, 2020 235 call for $6.29 for a net debit of $229.58 per share. This trade lasts 9 days, giving it an annualized return rate of 86.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Take-Two Interacti has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of TTWO stock at $160.59 per share and sell one contract of the Take-Two Interacti September 25, 2020 160 call for $4.28 for a net debit of $156.31 per share. This trade lasts 9 days, giving it an annualized return rate of 86.2% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Alibaba Group Holding has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of BABA stock at $277.96 per share and sell one contract of the Alibaba Group Holding September 25, 2020 277.5 call for $6.84 for a net debit of $271.12 per share. This trade lasts 9 days, giving it an annualized return rate of 85.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on 1-800-Flowers.com has an assigned return rate of 7.0%. To enter this trade, buy 100 shares of FLWS stock at $23.17 per share and sell one contract of the 1-800-Flowers.com October 16, 2020 23 call for $1.68 for a net debit of $21.49 per share. This trade lasts 30 days, giving it an annualized return rate of 82.7% The risk assessment of this trade is 3 keys, (Moderate 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 FedEx Corporation (FDX), United Parcel Service, Inc. (UPS) and Tapestry Inc (TPR) are moving higher this morning, while NextEra Energy Inc (NEE), Extra Space Storage, Inc. (EXR) and Boeing Co (BA) are headed lower. BHP Group PLC (BBL), Digital Realty Trust, Inc. (DLR) and Jefferies Financial Group Inc (JEF) were upgraded by analysts this morning, while Dow Inc (DOW), LyondellBasell Industries NV (LYB) and Transocean LTD (RIG) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.11%, the Mumbai Sensex is up 0.66%, the Nikkei 225 is up 0.09% the Hang Seng is down -0.05% and the Shanghai SE Composite Index is down -0.36%. Stocks in Europe are down. The FTSE 100 is down -0.28%, the CAC 40 is down -0.14%, the Euro Stoxx 50 is down -0.1% and the DAX is down -0.03%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.88 at 39.16 per barrel. Brent crude is up 0.86 at 41.39 per barrel. Natural Gas is down -0.02 at 2.34. Precious metals are up this morning. Gold is up 13.07 at 1967.22 per ounce. Platinum is up 3.23 at 976.43 while silver is up 0.06 at 27.52. 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, 1,487,029 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 691,198 put contracts. The single-session put/call ratio was 0.46. TODAY'S ECONOMIC CALENDAR FOMC Rate Decision EARNINGS EXPECTED TODAY: BRC, MLHR |
