MORNING UPDATE: PriceWatch Alerts for ADI and More... for 2019-06-24 |
| PriceWatch Alerts for ADI, HRB, CZZ, TJX, HD, SJM, ROST, COST, BAH and PRSP. Today's optimal covered call on Analog Devices has an assigned return rate of 4.09%. To enter this trade, buy 100 shares of ADI stock at 113.66 per share and selling one contract of the Analog Devices Sep 2019 110 call for 8.00 for a net debit of $105.67 per share. This trade lasts 88 days, giving it an annualized return rate of 16.99%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on H&R Block has an assigned return rate of 4.85%. To enter this trade, buy 100 shares of HRB stock at 27.89 per share and selling one contract of the H&R Block Oct 2019 27 call for 2.14 for a net debit of $25.75 per share. This trade lasts 116 days, giving it an annualized return rate of 15.27%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Cosan has an assigned return rate of 7.48%. To enter this trade, buy 100 shares of CZZ stock at 12.93 per share and selling one contract of the Cosan Dec 2019 12.5 call for 1.30 for a net debit of $11.62 per share. This trade lasts 179 days, giving it an annualized return rate of 15.25%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on TJX has an assigned return rate of 4.83%. To enter this trade, buy 100 shares of TJX stock at 52.93 per share and selling one contract of the TJX Oct 2019 52.5 call for 2.85 for a net debit of $50.07 per share. This trade lasts 116 days, giving it an annualized return rate of 15.20%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Home Depot has an assigned return rate of 2.19%. To enter this trade, buy 100 shares of HD stock at 209.38 per share and selling one contract of the Home Depot Aug 2019 205 call for 8.80 for a net debit of $200.58 per share. This trade lasts 53 days, giving it an annualized return rate of 15.14%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on JM Smucker has an assigned return rate of 4.60%. To enter this trade, buy 100 shares of SJM stock at 121.51 per share and selling one contract of the JM Smucker Oct 2019 120 call for 6.79 for a net debit of $114.71 per share. This trade lasts 116 days, giving it an annualized return rate of 14.48%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ross Stores has an assigned return rate of 2.08%. To enter this trade, buy 100 shares of ROST stock at 103.95 per share and selling one contract of the Ross Stores Aug 2019 100 call for 6.00 for a net debit of $97.95 per share. This trade lasts 53 days, giving it an annualized return rate of 14.34%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Costco Wholesale has an assigned return rate of 4.42%. To enter this trade, buy 100 shares of COST stock at 266.13 per share and selling one contract of the Costco Wholesale Oct 2019 265 call for 12.34 for a net debit of $253.78 per share. This trade lasts 116 days, giving it an annualized return rate of 13.91%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Booz Allen Hamilton has an assigned return rate of 3.33%. To enter this trade, buy 100 shares of BAH stock at 66.09 per share and selling one contract of the Booz Allen Hamilton Sep 2019 65 call for 3.20 for a net debit of $62.89 per share. This trade lasts 88 days, giving it an annualized return rate of 13.84%. 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 6.63%. To enter this trade, buy 100 shares of PRSP stock at 23.7 per share and selling one contract of the Perspecta Inc Dec 2019 22.5 call for 2.60 for a net debit of $21.09 per share. This trade lasts 179 days, giving it an annualized return rate of 13.52%. 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. 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. 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STOCKS ON THE MOVE Wynn Resorts, Limited (WYNN), Newmont Goldcorp Corp (NEM) and MGM Resorts International (MGM) are moving higher this morning, while Bristol-Myers Squibb Co (BMY), Celgene Corporation (CELG) and Carnival Corp (CCL) are headed lower. 3D Systems Corporation (DDD), Rent-A-Center Inc (RCII) and Dunkin Brands Group Inc (DNKN) were upgraded by analysts this morning, while CarMax, Inc (KMX), Spotify Technology SA (SPOT) and Occidental Petroleum Corporation (OXY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.21%, the Australia ASX All Ordinaries is up 0.17%, the Hang Seng is up 0.14% the Nikkei 225 is up 0.13% and the Mumbai Sensex is down -0.18%. Stocks in Europe are down. The DAX is down -0.53%, the Euro Stoxx 50 is down -0.31%, the CAC 40 is down -0.14% and the FTSE 100 is down -0.05%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.37 at 57.79 per barrel. Brent crude is up 0.01 at 65.21 per barrel. Natural Gas is up 0.03 at 2.22. Precious metals are up this morning. Gold is up 8.49 at 1408.12 per ounce. Platinum is up 5.33 at 815.21 while silver is up 0.08 at 15.45. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, flat against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 1,208,726 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 645,304 put contracts. The single-session put/call was 0.53 while the 20-day moving average is now at 0.64. TODAY'S ECONOMIC CALENDAR None EARNINGS EXPECTED TODAY: None |
