MORNING UPDATE: PriceWatch Alerts for SGEN and More... for 2019-08-12 |
| PriceWatch Alerts for SGEN, SEDG, LITE, AVLR, KL, WING, SHAK, FIVN, TREX and PODD. Today's optimal covered call on Seattle Genetics has an assigned return rate of 4.92%. To enter this trade, buy 100 shares of SGEN stock at 76.87 per share and selling one contract of the Seattle Genetics Sep 2019 75 call for 5.40 for a net debit of $71.47 per share. This trade lasts 39 days, giving it an annualized return rate of 46.08%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on SolarEdge has an assigned return rate of 4.80%. To enter this trade, buy 100 shares of SEDG stock at 82.33 per share and selling one contract of the SolarEdge Sep 2019 80 call for 6.00 for a net debit of $76.32 per share. This trade lasts 39 days, giving it an annualized return rate of 44.99%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Lumentum Hld has an assigned return rate of 4.52%. To enter this trade, buy 100 shares of LITE stock at 59.7 per share and selling one contract of the Lumentum Hld Sep 2019 57.5 call for 4.69 for a net debit of $55.01 per share. This trade lasts 39 days, giving it an annualized return rate of 42.36%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Avalara Inc has an assigned return rate of 4.43%. To enter this trade, buy 100 shares of AVLR stock at 89.29 per share and selling one contract of the Avalara Inc Sep 2019 85 call for 7.90 for a net debit of $81.38 per share. This trade lasts 39 days, giving it an annualized return rate of 41.51%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Kirkland Lake Gold Ltd has an assigned return rate of 7.57%. To enter this trade, buy 100 shares of KL stock at 46.02 per share and selling one contract of the Kirkland Lake Gold Ltd Oct 2019 45 call for 4.19 for a net debit of $41.83 per share. This trade lasts 67 days, giving it an annualized return rate of 41.28%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Wingstop Inc has an assigned return rate of 4.40%. To enter this trade, buy 100 shares of WING stock at 100.08 per share and selling one contract of the Wingstop Inc Sep 2019 100 call for 4.30 for a net debit of $95.77 per share. This trade lasts 39 days, giving it an annualized return rate of 41.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Shake Shack has an assigned return rate of 4.37%. To enter this trade, buy 100 shares of SHAK stock at 88.73 per share and selling one contract of the Shake Shack Sep 2019 87.5 call for 4.90 for a net debit of $83.82 per share. This trade lasts 39 days, giving it an annualized return rate of 40.97%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Five9 Inc has an assigned return rate of 4.32%. To enter this trade, buy 100 shares of FIVN stock at 61.81 per share and selling one contract of the Five9 Inc Sep 2019 60 call for 4.30 for a net debit of $57.50 per share. This trade lasts 39 days, giving it an annualized return rate of 40.52%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Trex Company has an assigned return rate of 4.15%. To enter this trade, buy 100 shares of TREX stock at 81.61 per share and selling one contract of the Trex Company Sep 2019 80 call for 4.80 for a net debit of $76.80 per share. This trade lasts 39 days, giving it an annualized return rate of 38.86%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Insulet Corp has an assigned return rate of 4.08%. To enter this trade, buy 100 shares of PODD stock at 152.3 per share and selling one contract of the Insulet Corp Sep 2019 150 call for 8.19 for a net debit of $144.11 per share. This trade lasts 39 days, giving it an annualized return rate of 38.25%. 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 SYSCO Corporation (SYY), PPL Corp (PPL) and Perrigo Company PLC (PRGO) are moving higher this morning, while Align Technology, Inc. (ALGN), Tapestry Inc (TPR) and JPMorgan Chase & Co. (JPM) are headed lower. News Corp Class A (NWSA), Humana Inc (HUM) and New Relic Inc (NEWR) were upgraded by analysts this morning, while Occidental Petroleum Corporation (OXY), bluebird bio Inc (BLUE) and Apple Hospitality REIT Inc (APLE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.45%, the Mumbai Sensex is up 0.68%, the Nikkei 225 is up 0.44% the Australia ASX All Ordinaries is up 0.1% and the Hang Seng is down -0.2%. Stocks in Europe are down. The CAC 40 is down -0.45%, the FTSE 100 is down -0.42%, the Euro Stoxx 50 is down -0.3% and the DAX is down -0.24%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.45 at 54.05 per barrel. Brent crude is down -0.29 at 58.24 per barrel. Natural Gas is down -0.01 at 2.11. Precious metals are mixed this morning. Gold is up 7.49 at 1504.44 per ounce. Platinum is down -1.39 at 859.54 while silver is up 0.03 at 16.97. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 874,906 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 594,070 put contracts. The single-session put/call was 0.68 while the 20-day moving average is now at 0.69. TODAY'S ECONOMIC CALENDAR Treasury Budget Jul 14:00 EARNINGS EXPECTED TODAY: SYY EC GOLD TME TSG |
