MORNING UPDATE: PriceWatch Alerts for STM and More... for 2020-08-06 |
| PriceWatch Alerts for STM, DHR, APH, FRC, TPH ,PCAR, ERIC, LOGI, HCSG and ABB. Today's optimal covered call on Stmicroelectronics N.V. has an assigned return rate of 11.0%. To enter this trade, buy 100 shares of STM stock at $29.00 per share and sell one contract of the Stmicroelectronics N.V. January 15, 2021 27.5 call for $4.23 for a net debit of $24.77 per share. This trade lasts 162 days, giving it an annualized return rate of 24.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Danaher Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of DHR stock at $205.54 per share and sell one contract of the Danaher Corp August 21, 2020 200 call for $7.66 for a net debit of $197.88 per share. This trade lasts 15 days, giving it an annualized return rate of 24.5% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Amphenol Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of APH stock at $108.65 per share and sell one contract of the Amphenol Corp August 21, 2020 105 call for $4.75 for a net debit of $103.90 per share. This trade lasts 15 days, giving it an annualized return rate of 24.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on First Republic Bank has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of FRC stock at $114.55 per share and sell one contract of the First Republic Bank September 18, 2020 110 call for $7.25 for a net debit of $107.30 per share. This trade lasts 43 days, giving it an annualized return rate of 20.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Tri Pointe Homes Inc has an assigned return rate of 9.1%. To enter this trade, buy 100 shares of TPH stock at $17.39 per share and sell one contract of the Tri Pointe Homes Inc January 15, 2021 15 call for $3.64 for a net debit of $13.75 per share. This trade lasts 162 days, giving it an annualized return rate of 20.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Paccar Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of PCAR stock at $86.90 per share and sell one contract of the Paccar Inc September 18, 2020 85 call for $3.93 for a net debit of $82.97 per share. This trade lasts 43 days, giving it an annualized return rate of 20.3% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ericsson ADR has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of ERIC stock at $11.69 per share and sell one contract of the Ericsson ADR January 15, 2021 11 call for $1.57 for a net debit of $10.12 per share. This trade lasts 162 days, giving it an annualized return rate of 19.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Logitech Int S.A. has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of LOGI stock at $73.86 per share and sell one contract of the Logitech Int S.A. September 18, 2020 70 call for $5.44 for a net debit of $68.42 per share. This trade lasts 43 days, giving it an annualized return rate of 19.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Healthcare Svcs Gp has an assigned return rate of 6.3%. To enter this trade, buy 100 shares of HCSG stock at $27.12 per share and sell one contract of the Healthcare Svcs Gp December 18, 2020 25 call for $3.61 for a net debit of $23.51 per share. This trade lasts 134 days, giving it an annualized return rate of 17.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Abb Ltd has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of ABB stock at $25.95 per share and sell one contract of the Abb Ltd December 18, 2020 26 call for $1.38 for a net debit of $24.58 per share. This trade lasts 134 days, giving it an annualized return rate of 15.7% 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 Iron Mountain Inc (IRM), Centurylink Inc (CTL) and Bristol-Myers Squibb Co (BMY) are moving higher this morning, while Becton Dickinson and Co (BDX), Carnival Corp (CCL) and Lincoln National Corporation (LNC) are headed lower. Globus Medical Inc (GMED), Wayfair Inc (W) and Tivity Health Inc (TVTY) were upgraded by analysts this morning, while Inseego Corp (INSG), Western Digital Corp (WDC) and Vulcan Materials Company (VMC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.96%, the Australia ASX All Ordinaries is up 0.72%, the Shanghai SE Composite Index is up 0.26% the Nikkei 225 is down -0.43% and the Hang Seng is down -0.69%. Stocks in Europe are down. The FTSE 100 is down -1.81%, the CAC 40 is down -1.17%, the Euro Stoxx 50 is down -1.04% and the DAX is down -0.77%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.18 at 44.99 per barrel. Brent crude is down -0.44 at 41.75 per barrel. Natural Gas is up 0.04 at 2.23. Precious metals are up this morning. Gold is up 21.94 at 2060.06 per ounce. Platinum is up 14.15 at 983.91 while silver is up 1.34 at 28.23. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,807,883 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 735,927 put contracts. The single-session put/call ratio was 0.41. TODAY'S ECONOMIC CALENDAR Initial Claims EARNINGS EXPECTED TODAY: NVO, TMUS, BMY, SIEGY, DEO, BDX, ZTS, BKNG |
