MORNING UPDATE: PriceWatch Alerts for PDCO and More... for 2020-07-06 |
| PriceWatch Alerts for PDCO, DOYU, ACN, KR, DG ,DELL, GWRE, SMAR, INFO and MKC. Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of DELL stock at $53.75 per share and sell one contract of the Dell Technologies Inc July 17, 2020 52.5 call for $2.26 for a net debit of $51.49 per share. This trade lasts 11 days, giving it an annualized return rate of 47.6% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 9.8%. To enter this trade, buy 100 shares of BOX stock at $20.68 per share and sell one contract of the Box Inc September 18, 2020 20 call for $2.46 for a net debit of $18.22 per share. This trade lasts 74 days, giving it an annualized return rate of 45.7% 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 2.8%. To enter this trade, buy 100 shares of KR stock at $33.50 per share and sell one contract of the Kroger Company July 24, 2020 33.5 call for $0.90 for a net debit of $32.60 per share. This trade lasts 18 days, giving it an annualized return rate of 45.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Elastic N.V. has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ESTC stock at $94.58 per share and sell one contract of the Elastic N.V. July 17, 2020 90 call for $6.19 for a net debit of $88.39 per share. This trade lasts 11 days, giving it an annualized return rate of 44.3% 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 15.2%. To enter this trade, buy 100 shares of DOYU stock at $11.91 per share and sell one contract of the Douyu International Holdings Ltd November 20, 2020 10 call for $3.23 for a net debit of $8.68 per share. This trade lasts 137 days, giving it an annualized return rate of 39.4% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Smartsheet Inc Cl A has an assigned return rate of 5.4%. To enter this trade, buy 100 shares of SMAR stock at $52.70 per share and sell one contract of the Smartsheet Inc Cl A August 21, 2020 50 call for $5.25 for a net debit of $47.45 per share. This trade lasts 46 days, giving it an annualized return rate of 39.2% 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 2.1%. To enter this trade, buy 100 shares of DG stock at $189.48 per share and sell one contract of the Dollar General Corp July 24, 2020 190 call for $3.43 for a net debit of $186.05 per share. This trade lasts 18 days, giving it an annualized return rate of 35.2% 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 1.4%. To enter this trade, buy 100 shares of INFO stock at $75.85 per share and sell one contract of the IHS Markit Ltd July 17, 2020 75 call for $1.88 for a net debit of $73.97 per share. This trade lasts 11 days, giving it an annualized return rate of 33.9% 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 1.3%. To enter this trade, buy 100 shares of GWRE stock at $112.58 per share and sell one contract of the Guidewire Software Inc July 17, 2020 110 call for $3.99 for a net debit of $108.59 per share. This trade lasts 11 days, giving it an annualized return rate of 31.6% 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 1.2%. To enter this trade, buy 100 shares of MKC stock at $181.61 per share and sell one contract of the Mccormick & Company Inc July 17, 2020 180 call for $3.81 for a net debit of $177.80 per share. This trade lasts 11 days, giving it an annualized return rate of 30.1% 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)! 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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 Discover Financial Services (DFS), Hanesbrands Inc. (HBI) and Becton Dickinson and Co (BDX) are moving higher this morning, while Duke Energy Corp (DUK), FMC Corp (FMC) and Howmet Aerospace Inc (HWM) are headed lower. Turquoise Hill Resources Ltd (TRQ), Tandem Diabetes Care Inc (TNDM) and U.S. Silica Holdings Inc (SLCA) were upgraded by analysts this morning, while Fastly Inc (FSLY), Veritone Inc (VERI) and Novo Nordisk A/S (NVO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 5.71%, the Hang Seng is up 3.95%, the Nikkei 225 is up 1.83% the Mumbai Sensex is up 1.29% and the Australia ASX All Ordinaries is down -0.61%. In Europe stocks are up. The Euro Stoxx 50 is up 1.72%, the FTSE 100 is up 1.69%, the DAX is up 1.64% and the CAC 40 is up 1.57%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.12 at 40.53 per barrel. Brent crude is up 0.34 at 43.14 per barrel. Natural Gas is up 0.11 at 1.84. Precious metals are up this morning. Gold is up 7.13 at 1779.18 per ounce. Platinum is up 13.75 at 824.5 while silver is up 0.27 at 18.59. 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, 1,444,272 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 736,859 put contracts. The single-session put/call ratio was 0.51. TODAY'S ECONOMIC CALENDAR ISM Non-Manufacturing Index EARNINGS EXPECTED TODAY: BCMXY, DBOEY, UNICY, MSADY |
