MORNING UPDATE: PriceWatch Alerts for ROST and More... for 2019-08-07 |
| PriceWatch Alerts for ROST, AEM, BSX, NKE, MDT, ADP, PPG, KNX, HD and TMO. Today's optimal covered call on Ross Stores has an assigned return rate of 3.11%. To enter this trade, buy 100 shares of ROST stock at 103.37 per share and selling one contract of the Ross Stores Sep 2019 100 call for 6.40 for a net debit of $96.97 per share. This trade lasts 44 days, giving it an annualized return rate of 25.83%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Agnico Eagle Mines has an assigned return rate of 3.11%. To enter this trade, buy 100 shares of AEM stock at 56.79 per share and selling one contract of the Agnico Eagle Mines Sep 2019 55 call for 3.45 for a net debit of $53.33 per share. This trade lasts 44 days, giving it an annualized return rate of 25.81%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Boston Scientific has an assigned return rate of 3.06%. To enter this trade, buy 100 shares of BSX stock at 42.33 per share and selling one contract of the Boston Scientific Sep 2019 42 call for 1.58 for a net debit of $40.74 per share. This trade lasts 44 days, giving it an annualized return rate of 25.44%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nike has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of NKE stock at 81.3 per share and selling one contract of the Nike Sep 2019 80 call for 3.59 for a net debit of $77.70 per share. This trade lasts 44 days, giving it an annualized return rate of 24.55%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Medtronic has an assigned return rate of 2.94%. To enter this trade, buy 100 shares of MDT stock at 101.23 per share and selling one contract of the Medtronic Sep 2019 100 call for 4.09 for a net debit of $97.14 per share. This trade lasts 44 days, giving it an annualized return rate of 24.42%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Air Products and Chemicals has an assigned return rate of 2.93%. To enter this trade, buy 100 shares of APD stock at 221.41 per share and selling one contract of the Air Products and Chemicals Sep 2019 220 call for 7.69 for a net debit of $213.72 per share. This trade lasts 44 days, giving it an annualized return rate of 24.37%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on PPG Industries has an assigned return rate of 2.82%. To enter this trade, buy 100 shares of PPG stock at 110.98 per share and selling one contract of the PPG Industries Sep 2019 110 call for 4.00 for a net debit of $106.98 per share. This trade lasts 44 days, giving it an annualized return rate of 23.41%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Knight Transportation has an assigned return rate of 6.38%. To enter this trade, buy 100 shares of KNX stock at 34.9 per share and selling one contract of the Knight Transportation Nov 2019 30 call for 6.69 for a net debit of $28.20 per share. This trade lasts 100 days, giving it an annualized return rate of 23.29%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Home Depot has an assigned return rate of 2.78%. To enter this trade, buy 100 shares of HD stock at 208.8 per share and selling one contract of the Home Depot Sep 2019 205 call for 9.35 for a net debit of $199.44 per share. This trade lasts 44 days, giving it an annualized return rate of 23.08%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Thermo Fisher Scientific has an assigned return rate of 2.75%. To enter this trade, buy 100 shares of TMO stock at 275.95 per share and selling one contract of the Thermo Fisher Scientific Sep 2019 270 call for 13.19 for a net debit of $262.76 per share. This trade lasts 44 days, giving it an annualized return rate of 22.85%. 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)! 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. 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(MCHP) and Newmont Goldcorp Corp (NEM) are moving higher this morning, while Walt Disney Co (DIS), Dow Inc (DOW) and Bank of America Corp (BAC) are headed lower. Dunkin Brands Group Inc (DNKN), Arconic Inc (ARNC) and Model N Inc (MODN) were upgraded by analysts this morning, while New Relic Inc (NEWR), Quotient Technology Inc (QUOT) and Xencor Inc (XNCR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.64%, the Hang Seng is up 0.08%, the Shanghai SE Composite Index is down -0.32% the Nikkei 225 is down -0.33% and the Mumbai Sensex is down -0.77%. In Europe stocks are up. The CAC 40 is up 1.31%, the Euro Stoxx 50 is up 1.27%, the DAX is up 1.21% and the FTSE 100 is up 0.72%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.43 at 53.2 per barrel. Brent crude is down -0.42 at 58.52 per barrel. Natural Gas is up 0.02 at 2.14. Precious metals are up this morning. Gold is up 19.83 at 1494.25 per ounce. Platinum is up 6.81 at 859.51 while silver is up 0.51 at 16.95. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 860,334 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 672,164 put contracts. The single-session put/call was 0.78 while the 20-day moving average is now at 0.67. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 08/03 07:30 EIA Crude Oil Inventories 10:30 Consumer Credit Jun 15:00 EARNINGS EXPECTED TODAY: BKNG CVS AIG ET MNST MFC MELI NTES FOXA IAC FNV EVRG CNP SWKS CTL ATO ROKU MRO ZG ATHM NRG DOX |
