MORNING UPDATE: PriceWatch Alerts for EW and More... for 2020-07-28 |
| PriceWatch Alerts for EW, ABT, AN, MS, CDNS ,STM, TPH, APH, KMB and LOGI. Today's optimal covered call on Edwards Lifesciences Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of EW stock at $78.69 per share and sell one contract of the Edwards Lifesciences Corp August 07, 2020 78 call for $2.08 for a net debit of $76.62 per share. This trade lasts 10 days, giving it an annualized return rate of 60.0% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Abbott Laboratories has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ABT stock at $99.99 per share and sell one contract of the Abbott Laboratories August 07, 2020 100 call for $1.73 for a net debit of $98.26 per share. This trade lasts 10 days, giving it an annualized return rate of 58.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Autonation Inc has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of AN stock at $56.50 per share and sell one contract of the Autonation Inc August 21, 2020 55 call for $3.52 for a net debit of $52.98 per share. This trade lasts 24 days, giving it an annualized return rate of 55.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Morgan Stanley has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of MS stock at $51.32 per share and sell one contract of the Morgan Stanley August 21, 2020 51.5 call for $1.53 for a net debit of $49.79 per share. This trade lasts 24 days, giving it an annualized return rate of 50.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cadence Design Sys has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CDNS stock at $105.27 per share and sell one contract of the Cadence Design Sys August 21, 2020 105 call for $3.73 for a net debit of $101.54 per share. This trade lasts 24 days, giving it an annualized return rate of 49.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Stmicroelectronics N.V. has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of STM stock at $30.87 per share and sell one contract of the Stmicroelectronics N.V. August 21, 2020 30 call for $1.80 for a net debit of $29.06 per share. This trade lasts 24 days, giving it an annualized return rate of 47.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tri Pointe Homes Inc has an assigned return rate of 10.0%. To enter this trade, buy 100 shares of TPH stock at $17.72 per share and sell one contract of the Tri Pointe Homes Inc October 16, 2020 17.5 call for $1.81 for a net debit of $15.91 per share. This trade lasts 80 days, giving it an annualized return rate of 45.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Amphenol Corp has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of APH stock at $106.17 per share and sell one contract of the Amphenol Corp August 21, 2020 105 call for $4.03 for a net debit of $102.14 per share. This trade lasts 24 days, giving it an annualized return rate of 40.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Kimberly-Clark Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of KMB stock at $147.38 per share and sell one contract of the Kimberly-Clark Corp August 07, 2020 147 call for $2.03 for a net debit of $145.35 per share. This trade lasts 10 days, giving it an annualized return rate of 37.7% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Logitech Int S.A. has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of LOGI stock at $71.36 per share and sell one contract of the Logitech Int S.A. August 21, 2020 70 call for $3.03 for a net debit of $68.33 per share. This trade lasts 24 days, giving it an annualized return rate of 35.7% 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 Sherwin-Williams Co (SHW), Laboratory Corp. of America Holdings (LH) and Pfizer Inc. (PFE) are moving higher this morning, while Omnicom Group Inc. (OMC), Under Armour Inc Class C (UA) and Rockwell Automation (ROK) are headed lower. Shopify Inc (SHOP), Arbor Realty Trust Inc (ABR) and Cloudflare Inc (NET) were upgraded by analysts this morning, while Tesla Inc (TSLA), Redfin Corp (RDFN) and Solid Biosciences Inc (SLDB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 1.47%, the Shanghai SE Composite Index is up 0.71%, the Hang Seng is up 0.61% the Nikkei 225 is down -0.26% and the Australia ASX All Ordinaries is down -0.37%. Stocks in Europe are down. The CAC 40 is down -0.74%, the Euro Stoxx 50 is down -0.49%, the DAX is down -0.36% and the FTSE 100 is down -0.06%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.09 at 43.5 per barrel. Brent crude is down -0.16 at 41.44 per barrel. Natural Gas is up 0.04 at 1.77. Precious metals are down this morning. Gold is down -13.25 at 1928.99 per ounce. Platinum is down -21.26 at 925.27 while silver is down -0.62 at 23.88. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,397,418 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 609,037 put contracts. The single-session put/call ratio was 0.44. TODAY'S ECONOMIC CALENDAR Consumer Confidence EARNINGS EXPECTED TODAY: V, PFE, AMGN, MCD, MMM, SBUX, SPGI, MDLZ, MO |
