MORNING UPDATE: PriceWatch Alerts for OLLI and More... for 2020-06-29 |
| PriceWatch Alerts for OLLI, DELL, DLTR, BOX, WSM ,DOYU, WDAY, VEEV, SPTN and ACN. Today's optimal covered call on Ollies Bargain CS has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of OLLI stock at $98.48 per share and sell one contract of the Ollies Bargain CS July 17, 2020 97.5 call for $5.26 for a net debit of $93.22 per share. This trade lasts 18 days, giving it an annualized return rate of 79.8% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of DELL stock at $52.25 per share and sell one contract of the Dell Technologies Inc July 17, 2020 52.5 call for $1.90 for a net debit of $50.36 per share. This trade lasts 18 days, giving it an annualized return rate of 74.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dollar Tree Inc has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of DLTR stock at $92.62 per share and sell one contract of the Dollar Tree Inc July 10, 2020 92.5 call for $2.62 for a net debit of $90.00 per share. This trade lasts 11 days, giving it an annualized return rate of 72.3% The risk assessment of this trade is 5 keys, (The Lowest relative risk). Today's optimal covered call on Box Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of BOX stock at $21.48 per share and sell one contract of the Box Inc July 17, 2020 21 call for $1.30 for a net debit of $20.17 per share. This trade lasts 18 days, giving it an annualized return rate of 71.1% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Williams-Sonoma has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of WSM stock at $83.22 per share and sell one contract of the Williams-Sonoma July 17, 2020 82.5 call for $3.84 for a net debit of $79.38 per share. This trade lasts 18 days, giving it an annualized return rate of 68.3% 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 9.5%. To enter this trade, buy 100 shares of DOYU stock at $11.16 per share and sell one contract of the Douyu International Holdings Ltd August 21, 2020 10 call for $2.02 for a net debit of $9.14 per share. This trade lasts 53 days, giving it an annualized return rate of 61.7% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Workday Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of WDAY stock at $187.48 per share and sell one contract of the Workday Inc July 17, 2020 185 call for $8.45 for a net debit of $179.03 per share. This trade lasts 18 days, giving it an annualized return rate of 58.0% 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 3.2%. To enter this trade, buy 100 shares of VEEV stock at $234.93 per share and sell one contract of the Veeva Systems Inc July 17, 2020 230 call for $12.08 for a net debit of $222.85 per share. This trade lasts 18 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 Spartannash Company has an assigned return rate of 7.8%. To enter this trade, buy 100 shares of SPTN stock at $21.46 per share and sell one contract of the Spartannash Company August 21, 2020 20 call for $2.92 for a net debit of $18.54 per share. This trade lasts 53 days, giving it an annualized return rate of 51.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Accenture Plc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of ACN stock at $212.47 per share and sell one contract of the Accenture Plc July 17, 2020 212.5 call for $6.03 for a net debit of $206.44 per share. This trade lasts 18 days, giving it an annualized return rate of 51.0% The risk assessment of this trade is 4 keys, (Low 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 Coty Inc (COTY), Boeing Co (BA) and Gap Inc (GPS) are moving higher this morning, while American Water Works Company Inc (AWK), Amcor PLC (AMCR) and Twitter Inc (TWTR) are headed lower. Ovintiv Inc (OVV), BankUnited (BKU) and Big Lots, Inc. (BIG) were upgraded by analysts this morning, while Fiserv Inc (FISV), LyondellBasell Industries NV (LYB) and First Hawaiian Inc (FHB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Nikkei 225 is down -2.3%, the Australia ASX All Ordinaries is down -1.6%, the Hang Seng is down -1.01% the Shanghai SE Composite Index is down -0.61% and the Mumbai Sensex is down -0.6%.In Europe stocks are up. The FTSE 100 is up 0.61%, the DAX is up 0.58%, the Euro Stoxx 50 is up 0.38% and the CAC 40 is up 0.37%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.41 at 38.9 per barrel. Brent crude is up 0.31 at 41.33 per barrel. Natural Gas is up 0.06 at 1.61. Precious metals are mixed this morning. Gold is up 0.11 at 1771.4 per ounce. Platinum is up 9.92 at 815.67 while silver is flat 0 at 18.17. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and up against the Pound. Equity PUT/CALL RATIO Yesterday, 1,330,607 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 980,866 put contracts. The single-session put/call ratio was 0.74. TODAY'S ECONOMIC CALENDAR Pending Home Sales EARNINGS EXPECTED TODAY: MLHR, MU |
