MORNING UPDATE: PriceWatch Alerts for AAPL and More... for 2020-08-11 |
| PriceWatch Alerts for AAPL, EQT, GMED, XPO, URI ,DHI, PWR, PCRX, FBHS and FEYE. Today's optimal covered call on Apple Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of AAPL stock at $450.91 per share and sell one contract of the Apple Inc August 21, 2020 450 call for $11.88 for a net debit of $439.04 per share. This trade lasts 10 days, giving it an annualized return rate of 82.9% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Eqt Corp has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of EQT stock at $17.16 per share and sell one contract of the Eqt Corp September 18, 2020 17 call for $1.52 for a net debit of $15.64 per share. This trade lasts 38 days, giving it an annualized return rate of 81.4% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Globus Medical Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of GMED stock at $55.33 per share and sell one contract of the Globus Medical Inc August 21, 2020 55 call for $1.63 for a net debit of $53.70 per share. This trade lasts 10 days, giving it an annualized return rate of 80.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Xpo Logistics Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of XPO stock at $81.72 per share and sell one contract of the Xpo Logistics Inc August 21, 2020 80 call for $3.53 for a net debit of $78.19 per share. This trade lasts 10 days, giving it an annualized return rate of 76.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on United Rentals has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of URI stock at $181.26 per share and sell one contract of the United Rentals August 21, 2020 180 call for $5.30 for a net debit of $175.96 per share. This trade lasts 10 days, giving it an annualized return rate of 76.1% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on D.R. Horton has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of DHI stock at $69.70 per share and sell one contract of the D.R. Horton August 28, 2020 70 call for $2.12 for a net debit of $67.57 per share. This trade lasts 17 days, giving it an annualized return rate of 72.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Quanta Services has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PWR stock at $48.20 per share and sell one contract of the Quanta Services August 21, 2020 48 call for $1.22 for a net debit of $46.98 per share. This trade lasts 10 days, giving it an annualized return rate of 72.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Pacira Pharm Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of PCRX stock at $60.99 per share and sell one contract of the Pacira Pharm Inc August 21, 2020 60 call for $2.24 for a net debit of $58.76 per share. This trade lasts 10 days, giving it an annualized return rate of 70.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fortune Brands Home & Security has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of FBHS stock at $81.02 per share and sell one contract of the Fortune Brands Home & Security August 21, 2020 80 call for $2.60 for a net debit of $78.42 per share. This trade lasts 10 days, giving it an annualized return rate of 66.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fireeye Inc has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of FEYE stock at $15.98 per share and sell one contract of the Fireeye Inc September 11, 2020 16 call for $0.85 for a net debit of $15.13 per share. This trade lasts 31 days, giving it an annualized return rate of 65.9% 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)! 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), Carnival Corp (CCL) and Hanesbrands Inc. (HBI) are moving higher this morning, while International Flavors & Fragrances Inc (IFF), Occidental Petroleum Corporation (OXY) and Newmont Corporation (NEM) are headed lower. HSBC Holdings plc (HSBC), Senseonics Holdings Inc (SENS) and ONE Gas Inc (OGS) were upgraded by analysts this morning, while Motorola Solutions Inc (MSI), NEWTEK Business Services Corp (NEWT) and Zynga Inc (ZNGA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 2.11%, the Nikkei 225 is up 1.88%, the Mumbai Sensex is up 0.59% the Australia ASX All Ordinaries is up 0.4% and the Shanghai SE Composite Index is down -1.15%. In Europe stocks are up. The CAC 40 is up 2.6%, the Euro Stoxx 50 is up 2.39%, the DAX is up 2.27% and the FTSE 100 is up 1.99%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.66 at 42.6 per barrel. Brent crude is up 0.54 at 45.53 per barrel. Natural Gas is up 0.04 at 2.19. Precious metals are down this morning. Gold is down -48.65 at 1978.69 per ounce. Platinum is down -18.22 at 967.83 while silver is down -1.46 at 27.8. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,855,135 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 760,142 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR Core PPI EARNINGS EXPECTED TODAY: OLCLY, HENKY, SYY, XP, MITEY, ZLNDY, BNTX, DWHHF, BR, NIO |
