MORNING UPDATE: PriceWatch Alerts for UNH and More... for 2020-09-03 |
| PriceWatch Alerts for UNH, TMUS, CFX, DAR, COG ,LKQ, FBHS, BHI, TXN and ON. Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of UNH stock at $320.24 per share and sell one contract of the Unitedhealth Group Inc September 11, 2020 320 call for $5.10 for a net debit of $315.14 per share. This trade lasts 8 days, giving it an annualized return rate of 62.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on T-Mobile US has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of TMUS stock at $118.88 per share and sell one contract of the T-Mobile US September 11, 2020 119 call for $1.69 for a net debit of $117.19 per share. This trade lasts 8 days, giving it an annualized return rate of 62.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Colfax Corp has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of CFX stock at $33.91 per share and sell one contract of the Colfax Corp September 18, 2020 32.5 call for $2.28 for a net debit of $31.64 per share. This trade lasts 15 days, giving it an annualized return rate of 62.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Darling International Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of DAR stock at $32.57 per share and sell one contract of the Darling International Inc September 18, 2020 32 call for $1.42 for a net debit of $31.16 per share. This trade lasts 15 days, giving it an annualized return rate of 61.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cabot Oil & Gas Corp has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of COG stock at $18.17 per share and sell one contract of the Cabot Oil & Gas Corp October 02, 2020 18 call for $1.01 for a net debit of $17.16 per share. This trade lasts 29 days, giving it an annualized return rate of 59.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on LKQ Corp has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of LKQ stock at $33.19 per share and sell one contract of the LKQ Corp September 18, 2020 32.5 call for $1.52 for a net debit of $31.68 per share. This trade lasts 15 days, giving it an annualized return rate of 59.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Fortune Brands Home & Security has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of FBHS stock at $86.41 per share and sell one contract of the Fortune Brands Home & Security September 18, 2020 85 call for $3.52 for a net debit of $82.89 per share. This trade lasts 15 days, giving it an annualized return rate of 58.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Hanesbrands Inc has an assigned return rate of 7.0%. To enter this trade, buy 100 shares of HBI stock at $15.92 per share and sell one contract of the Hanesbrands Inc October 16, 2020 16 call for $0.96 for a net debit of $14.96 per share. This trade lasts 43 days, giving it an annualized return rate of 58.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Texas Instruments has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of TXN stock at $147.64 per share and sell one contract of the Texas Instruments September 11, 2020 147 call for $2.70 for a net debit of $144.94 per share. This trade lasts 8 days, giving it an annualized return rate of 57.5% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on On Semiconductor has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of ON stock at $22.38 per share and sell one contract of the On Semiconductor October 16, 2020 22 call for $1.78 for a net debit of $20.60 per share. This trade lasts 43 days, giving it an annualized return rate of 56.6% 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 Baker Hughes Co (BKR), Darden Restaurants, Inc. (DRI) and Eli Lilly And Co (LLY) are moving higher this morning, while Humana Inc (HUM), Under Armour Inc Class A (UAA) and Twitter Inc (TWTR) are headed lower. Banc of California Inc (BANC), Ambarella Inc (AMBA) and Origin Bancorp Inc (OBNK) were upgraded by analysts this morning, while Western Asset Mortgage Capital Corp (WMC), Controladora Vuela Co Avcn SA CV (VLRS) and United Parcel Service, Inc. (UPS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.94%, the Australia ASX All Ordinaries is up 0.79%, the Mumbai Sensex is down -0.24% the Hang Seng is down -0.45% and the Shanghai SE Composite Index is down -0.58%. In Europe stocks are up. The CAC 40 is up 1.66%, the Euro Stoxx 50 is up 1.2%, the DAX is up 1.07% and the FTSE 100 is up 0.5%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.99 at 40.52 per barrel. Brent crude is down -1.01 at 43.42 per barrel. Natural Gas is up 0.05 at 2.54. Precious metals are down this morning. Gold is down -9.64 at 1933.48 per ounce. Platinum is down -1.55 at 906 while silver is down -0.05 at 27.35. 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, 1,947,902 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 778,509 put contracts. The single-session put/call ratio was 0.4. TODAY'S ECONOMIC CALENDAR Initial Claims EARNINGS EXPECTED TODAY: AVGO,BOUYF,KDDIY,DOCU,PDRDY |
