MORNING UPDATE: PriceWatch Alerts for ADBE and More... for 2020-07-07 |
| PriceWatch Alerts for ADBE, VEEV, DG, ACN, BOX ,MKC, KR, DELL, DOYU and GWRE. Today's optimal covered call on Adobe Systems Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of ADBE stock at $452.59 per share and sell one contract of the Adobe Systems Inc July 17, 2020 452.5 call for $8.37 for a net debit of $444.22 per share. This trade lasts 10 days, giving it an annualized return rate of 61.8% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Veeva Systems Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of VEEV stock at $245.55 per share and sell one contract of the Veeva Systems Inc July 17, 2020 240 call for $9.67 for a net debit of $235.88 per share. This trade lasts 10 days, giving it an annualized return rate of 58.0% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dollar General Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DG stock at $187.14 per share and sell one contract of the Dollar General Corp July 17, 2020 187.5 call for $2.82 for a net debit of $184.32 per share. This trade lasts 10 days, giving it an annualized return rate of 57.2% 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 1.6%. To enter this trade, buy 100 shares of ACN stock at $217.55 per share and sell one contract of the Accenture Plc July 17, 2020 217.5 call for $3.49 for a net debit of $214.06 per share. This trade lasts 10 days, giving it an annualized return rate of 53.3% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of BOX stock at $20.84 per share and sell one contract of the Box Inc August 21, 2020 20 call for $1.97 for a net debit of $18.87 per share. This trade lasts 45 days, giving it an annualized return rate of 47.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Mccormick & Company Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of MKC stock at $181.57 per share and sell one contract of the Mccormick & Company Inc July 17, 2020 180 call for $3.85 for a net debit of $177.72 per share. This trade lasts 10 days, giving it an annualized return rate of 42.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Kroger Company has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of KR stock at $33.73 per share and sell one contract of the Kroger Company July 31, 2020 33.5 call for $1.05 for a net debit of $32.68 per share. This trade lasts 24 days, giving it an annualized return rate of 36.8% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of DELL stock at $54.06 per share and sell one contract of the Dell Technologies Inc August 21, 2020 52.5 call for $3.78 for a net debit of $50.28 per share. This trade lasts 45 days, giving it an annualized return rate of 35.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Douyu International Holdings Ltd has an assigned return rate of 11.1%. To enter this trade, buy 100 shares of DOYU stock at $12.44 per share and sell one contract of the Douyu International Holdings Ltd November 20, 2020 10 call for $3.44 for a net debit of $9.00 per share. This trade lasts 136 days, giving it an annualized return rate of 29.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Guidewire Software Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of GWRE stock at $112.40 per share and sell one contract of the Guidewire Software Inc August 21, 2020 110 call for $6.26 for a net debit of $106.14 per share. This trade lasts 45 days, giving it an annualized return rate of 28.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on IHS Markit Ltd has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of INFO stock at $76.68 per share and sell one contract of the IHS Markit Ltd October 16, 2020 75 call for $5.30 for a net debit of $71.38 per share. This trade lasts 101 days, giving it an annualized return rate of 18.1% 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 Rollins, Inc. (ROL), Freeport-McMoRan Inc (FCX) and Welltower Inc (WELL) are moving higher this morning, while Ventas, Inc. (VTR), Concho Resources Inc (CXO) and Dominion Energy Inc (D) are headed lower. Skyworks Solutions Inc (SWKS), Trex Company Inc (TREX) and OGE Energy Corp. (OGE) were upgraded by analysts this morning, while Obseva SA (OBSV), Dominion Energy Inc (D) and Vivint Solar Inc (VSLR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.51%, the Shanghai SE Composite Index is up 0.37%, the Australia ASX All Ordinaries is up 0.01% the Nikkei 225 is down -0.44% and the Hang Seng is down -1.38%. Stocks in Europe are down. The FTSE 100 is down -1.31%, the DAX is down -1.11%, the Euro Stoxx 50 is down -0.92% and the CAC 40 is down -0.85%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.26 at 40.37 per barrel. Brent crude is down -0.18 at 42.92 per barrel. Natural Gas is up 0.08 at 1.92. Precious metals are mixed this morning. Gold is down -6.23 at 1778.45 per ounce. Platinum is up 3.3 at 829.82 while silver is down -0.25 at 18.34. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. Equity PUT/CALL RATIO Yesterday, 1,562,735 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 661,398 put contracts. The single-session put/call ratio was 0.42. TODAY'S ECONOMIC CALENDAR Consumer Credit EARNINGS EXPECTED TODAY: PAYX, LEVI, SGH |
