MORNING UPDATE: PriceWatch Alerts for PCRX and More... for 2020-08-21 |
| PriceWatch Alerts for PCRX, IRDM, BYD, VKTX, TPX ,ETN, CFX, TXN, TXRH and RLGY. Today's optimal covered call on Pacira Pharm Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of PCRX stock at $62.35 per share and sell one contract of the Pacira Pharm Inc September 18, 2020 62.5 call for $2.55 for a net debit of $59.80 per share. This trade lasts 28 days, giving it an annualized return rate of 56.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Iridium Comm Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of IRDM stock at $28.21 per share and sell one contract of the Iridium Comm Inc September 18, 2020 28 call for $1.42 for a net debit of $26.79 per share. This trade lasts 28 days, giving it an annualized return rate of 56.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Boyd Gaming Corp has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of BYD stock at $26.83 per share and sell one contract of the Boyd Gaming Corp September 18, 2020 26 call for $1.92 for a net debit of $24.90 per share. This trade lasts 28 days, giving it an annualized return rate of 55.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Viking Thera has an assigned return rate of 21.5%. To enter this trade, buy 100 shares of VKTX stock at $7.81 per share and sell one contract of the Viking Thera January 15, 2021 7.5 call for $1.64 for a net debit of $6.18 per share. This trade lasts 147 days, giving it an annualized return rate of 52.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tempur-Pedic International Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of TPX stock at $87.00 per share and sell one contract of the Tempur-Pedic International Inc September 18, 2020 85 call for $5.35 for a net debit of $81.65 per share. This trade lasts 28 days, giving it an annualized return rate of 51.6% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Eaton Corp has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of ETN stock at $99.47 per share and sell one contract of the Eaton Corp September 04, 2020 99.5 call for $2.00 for a net debit of $97.46 per share. This trade lasts 14 days, giving it an annualized return rate of 50.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Colfax Corp has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of CFX stock at $33.42 per share and sell one contract of the Colfax Corp September 18, 2020 32.5 call for $2.16 for a net debit of $31.26 per share. This trade lasts 28 days, giving it an annualized return rate of 49.9% 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 1.1%. To enter this trade, buy 100 shares of TXN stock at $138.57 per share and sell one contract of the Texas Instruments August 28, 2020 138 call for $2.05 for a net debit of $136.52 per share. This trade lasts 7 days, giving it an annualized return rate of 49.4% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Texas Roadhouse Inc has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of TXRH stock at $61.08 per share and sell one contract of the Texas Roadhouse Inc September 18, 2020 60 call for $3.33 for a net debit of $57.75 per share. This trade lasts 28 days, giving it an annualized return rate of 49.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Realogy Holdings Corp has an assigned return rate of 19.6%. To enter this trade, buy 100 shares of RLGY stock at $11.40 per share and sell one contract of the Realogy Holdings Corp January 15, 2021 10 call for $3.04 for a net debit of $8.36 per share. This trade lasts 147 days, giving it an annualized return rate of 48.4% The risk assessment of this trade is 2 keys, (Considerable 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 Keysight Technologies Inc (KEYS), Westrock Co (WRK) and Deere & Company (DE) are moving higher this morning, while Constellation Brands, Inc. Class A (STZ), Arthur J Gallagher & Co (AJG) and Newmont Corporation (NEM) are headed lower. Uber Technologies Inc (UBER), NortonLifeLock Inc (NLOK) and Estee Lauder Companies Inc (EL) were upgraded by analysts this morning, while D. R. Horton Inc (DHI), International Paper Co (IP) and Noble Energy, Inc. (NBL) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.38%, the Mumbai Sensex is up 0.56%, the Shanghai SE Composite Index is up 0.5% the Nikkei 225 is up 0.17% and the Australia ASX All Ordinaries is down -0.02%. Stocks in Europe are down. The Euro Stoxx 50 is down -0.66%, the CAC 40 is down -0.63%, the FTSE 100 is down -0.42% and the FTSE 100 is down -0.42%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.6 at 42.22 per barrel. Brent crude is down -0.66 at 44.24 per barrel. Natural Gas is down -0.05 at 2.3. Precious metals are down this morning. Gold is down -33.75 at 1913.51 per ounce. Platinum is down -22.64 at 898.97 while silver is down -0.43 at 26.88. 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, 1,545,215 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 709,930 put contracts. The single-session put/call ratio was 0.46. TODAY'S ECONOMIC CALENDAR Existing Home Sales EARNINGS EXPECTED TODAY: PDD,DE,FL,BZUN |
