MORNING UPDATE: PriceWatch Alerts for BOX and More... for 2020-07-10 |
| PriceWatch Alerts for BOX, INFO, DG, VEEV, ACN ,GWRE, PDCO, DELL, KR and MKC. Today's optimal covered call on Box Inc has an assigned return rate of 11.9%. To enter this trade, buy 100 shares of BOX stock at $20.98 per share and sell one contract of the Box Inc September 18, 2020 21 call for $2.21 for a net debit of $18.77 per share. This trade lasts 70 days, giving it an annualized return rate of 61.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on IHS Markit Ltd has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of INFO stock at $75.74 per share and sell one contract of the IHS Markit Ltd July 17, 2020 75 call for $1.68 for a net debit of $74.06 per share. This trade lasts 7 days, giving it an annualized return rate of 58.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dollar General Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of DG stock at $189.74 per share and sell one contract of the Dollar General Corp July 17, 2020 190 call for $2.04 for a net debit of $187.70 per share. This trade lasts 7 days, giving it an annualized return rate of 55.8% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Veeva Systems Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of VEEV stock at $256.69 per share and sell one contract of the Veeva Systems Inc July 17, 2020 250 call for $9.57 for a net debit of $247.12 per share. This trade lasts 7 days, giving it an annualized return rate of 53.2% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Accenture Plc has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of ACN stock at $219.31 per share and sell one contract of the Accenture Plc July 17, 2020 217.5 call for $4.07 for a net debit of $215.24 per share. This trade lasts 7 days, giving it an annualized return rate of 47.9% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Guidewire Software Inc has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of GWRE stock at $117.44 per share and sell one contract of the Guidewire Software Inc July 17, 2020 115 call for $3.56 for a net debit of $113.88 per share. This trade lasts 7 days, giving it an annualized return rate of 44.9% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Patterson Companies has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of PDCO stock at $22.74 per share and sell one contract of the Patterson Companies August 21, 2020 22 call for $1.79 for a net debit of $20.95 per share. This trade lasts 42 days, giving it an annualized return rate of 42.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of DELL stock at $53.69 per share and sell one contract of the Dell Technologies Inc August 21, 2020 52.5 call for $3.50 for a net debit of $50.19 per share. This trade lasts 42 days, giving it an annualized return rate of 39.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Kroger Company has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of KR stock at $32.76 per share and sell one contract of the Kroger Company August 07, 2020 32.5 call for $1.20 for a net debit of $31.56 per share. This trade lasts 28 days, giving it an annualized return rate of 37.3% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Mccormick & Company Inc has an assigned return rate of 0.6%. To enter this trade, buy 100 shares of MKC stock at $183.85 per share and sell one contract of the Mccormick & Company Inc July 17, 2020 180 call for $4.89 for a net debit of $178.96 per share. This trade lasts 7 days, giving it an annualized return rate of 26.5% 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 Linde PLC (LIN), Raytheon Technologies Corp (RTX) and Mosaic Co (MOS) are moving higher this morning, while MGM Resorts International (MGM), Marathon Oil Corporation (MRO) and Southwest Airlines Co (LUV) are headed lower. Triumph Bancorp Inc (TBK), Foot Locker, Inc. (FL) and Wells Fargo & Co (WFC) were upgraded by analysts this morning, while Houlihan Lokey Inc (HLI), Redfin Corp (RDFN) and Medical Properties Trust, Inc. (MPW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Shanghai SE Composite Index is down -1.95%, the Hang Seng is down -1.94%, the Nikkei 225 is down -1.06% the Australia ASX All Ordinaries is down -0.64% and the Mumbai Sensex is down -0.39%.In Europe stocks are up. The DAX is up 0.66%, the Euro Stoxx 50 is up 0.65%, the FTSE 100 is up 0.62% and the CAC 40 is up 0.57%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.54 at 39.08 per barrel. Brent crude is down -0.52 at 41.83 per barrel. Natural Gas is down -0.04 at 1.74. Precious metals are up this morning. Gold is up 2.7 at 1806.25 per ounce. Platinum is up 1.75 at 839.43 while silver is up 0.13 at 19.1. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,569,081 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 693,231 put contracts. The single-session put/call ratio was 0.44. TODAY'S ECONOMIC CALENDAR Housing Starts EARNINGS EXPECTED TODAY: HDB, BLK, ERIC, STT, KSU, NVR, RF |
