MORNING UPDATE: PriceWatch Alerts for GDX and More... for 2019-06-27 |
| PriceWatch Alerts for GDX, OIH, KMX, DRI, QQQ, FXI, PRSP, MCHI, XLE and EEM. Today's optimal covered call on Market Vectors Gold Miners has an assigned return rate of 7.14%. To enter this trade, buy 100 shares of GDX stock at 25.52 per share and selling one contract of the Market Vectors Gold Miners Oct 2019 25.5 call for 1.72 for a net debit of $23.80 per share. This trade lasts 113 days, giving it an annualized return rate of 23.07%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Oil Service Holdrs Trust has an assigned return rate of 6.70%. To enter this trade, buy 100 shares of OIH stock at 14.59 per share and selling one contract of the Oil Service Holdrs Trust Oct 2019 14 call for 1.47 for a net debit of $13.11 per share. This trade lasts 113 days, giving it an annualized return rate of 21.66%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on CarMax Group has an assigned return rate of 2.94%. To enter this trade, buy 100 shares of KMX stock at 84.13 per share and selling one contract of the CarMax Group Aug 2019 82.5 call for 4.00 for a net debit of $80.14 per share. This trade lasts 50 days, giving it an annualized return rate of 21.49%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Darden Restaurants has an assigned return rate of 2.90%. To enter this trade, buy 100 shares of DRI stock at 120.01 per share and selling one contract of the Darden Restaurants Aug 2019 120 call for 3.39 for a net debit of $116.60 per share. This trade lasts 50 days, giving it an annualized return rate of 21.22%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Powershares QQQ has an assigned return rate of 2.88%. To enter this trade, buy 100 shares of QQQ stock at 185.78 per share and selling one contract of the Powershares QQQ Aug 2019 185 call for 5.98 for a net debit of $179.81 per share. This trade lasts 50 days, giving it an annualized return rate of 21.07%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares FTSE China 25 Index Fund has an assigned return rate of 2.81%. To enter this trade, buy 100 shares of FXI stock at 42.31 per share and selling one contract of the iShares FTSE China 25 Index Fund Aug 2019 42 call for 1.47 for a net debit of $40.85 per share. This trade lasts 50 days, giving it an annualized return rate of 20.55%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Perspecta Inc has an assigned return rate of 4.74%. To enter this trade, buy 100 shares of PRSP stock at 23.12 per share and selling one contract of the Perspecta Inc Sep 2019 22.5 call for 1.64 for a net debit of $21.48 per share. This trade lasts 85 days, giving it an annualized return rate of 20.39%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares MSCI China Index has an assigned return rate of 2.74%. To enter this trade, buy 100 shares of MCHI stock at 58.9 per share and selling one contract of the iShares MSCI China Index Aug 2019 58 call for 2.45 for a net debit of $56.44 per share. This trade lasts 50 days, giving it an annualized return rate of 20.04%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Energy Select Sector SPDR has an assigned return rate of 2.72%. To enter this trade, buy 100 shares of XLE stock at 63.45 per share and selling one contract of the Energy Select Sector SPDR Aug 2019 63 call for 2.12 for a net debit of $61.33 per share. This trade lasts 50 days, giving it an annualized return rate of 19.87%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares MSCI Emerging Markets Index has an assigned return rate of 2.65%. To enter this trade, buy 100 shares of EEM stock at 42.66 per share and selling one contract of the iShares MSCI Emerging Markets Index Aug 2019 42.5 call for 1.27 for a net debit of $41.39 per share. This trade lasts 50 days, giving it an annualized return rate of 19.39%. 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 Centurylink Inc (CTL), Tripadvisor Inc Common Stock (TRIP) and NVIDIA Corporation (NVDA) are moving higher this morning, while Conagra Brands Inc (CAG), Nordstrom, Inc. (JWN) and Boeing Co (BA) are headed lower. Centurylink Inc (CTL), Owens Corning (OC) and KB Home (KBH) were upgraded by analysts this morning, while Travelers Companies Inc (TRV), Nordstrom, Inc. (JWN) and Canadian Pacific Railway Ltd (CP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.42%, the Nikkei 225 is up 1.19%, the Shanghai SE Composite Index is up 0.69% the Australia ASX All Ordinaries is up 0.4% and the Mumbai Sensex is down -0.01%. In Europe stocks are mixed. The DAX is up 0.13%, the Euro Stoxx 50 is down -0.12%, the CAC 40 is down -0.23% and the FTSE 100 is down -0.32%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.53 at 58.85 per barrel. Brent crude is down -0.66 at 65.83 per barrel. Natural Gas is flat 0 at 2.29. Precious metals are down this morning. Gold is down -3.46 at 1405.54 per ounce. Platinum is down -0.17 at 816.14 while silver is down -0.11 at 15.27. 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. PUT/CALL RATIO Yesterday, 896,339 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 599,589 put contracts. The single-session put/call was 0.67 while the 20-day moving average is now at 0.63. TODAY'S ECONOMIC CALENDAR Initial Claims 06/22 08:30 Continuing Claims 06/15 GDP - Third Estimate Q1 Pending Home Sales May 10:00 EIA Natural Gas Inventories 06/22 10:30 EARNINGS EXPECTED TODAY: NKE ACN WBA HNNMY MKC CAG |
