MORNING UPDATE: PriceWatch Alerts for FIS and More... for 2019-06-03 |
| PriceWatch Alerts for FIS, PPC, BOOT, RACE, V ,ADP, ENPH, COG, KKR and LDOS. Today's optimal covered call on Fidelity National Information Services has an assigned return rate of 3.22%. To enter this trade, buy 100 shares of FIS stock at 120.3 per share and selling one contract of the Fidelity National Information Services Jul 2019 120 call for 4.04 for a net debit of $116.25 per share. This trade lasts 46 days, giving it an annualized return rate of 25.59%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pilgrim's Pride has an assigned return rate of 7.43%. To enter this trade, buy 100 shares of PPC stock at 25.56 per share and selling one contract of the Pilgrim's Pride Sep 2019 25 call for 2.29 for a net debit of $23.26 per share. This trade lasts 109 days, giving it an annualized return rate of 24.89%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Boot Barn has an assigned return rate of 10.67%. To enter this trade, buy 100 shares of BOOT stock at 26.12 per share and selling one contract of the Boot Barn Nov 2019 22.5 call for 5.79 for a net debit of $20.32 per share. This trade lasts 165 days, giving it an annualized return rate of 23.61%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ferrari has an assigned return rate of 4.61%. To enter this trade, buy 100 shares of RACE stock at 143.02 per share and selling one contract of the Ferrari Aug 2019 140 call for 9.19 for a net debit of $133.82 per share. This trade lasts 74 days, giving it an annualized return rate of 22.77%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Visa has an assigned return rate of 2.84%. To enter this trade, buy 100 shares of V stock at 161.33 per share and selling one contract of the Visa Jul 2019 160 call for 5.75 for a net debit of $155.58 per share. This trade lasts 46 days, giving it an annualized return rate of 22.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Automatic Data Processing has an assigned return rate of 2.81%. To enter this trade, buy 100 shares of ADP stock at 160.11 per share and selling one contract of the Automatic Data Processing Jul 2019 160 call for 4.50 for a net debit of $155.62 per share. This trade lasts 46 days, giving it an annualized return rate of 22.33%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Enphase Energy Inc has an assigned return rate of 13.94%. To enter this trade, buy 100 shares of ENPH stock at 15.17 per share and selling one contract of the Enphase Energy Inc Jan 2020 12.5 call for 4.20 for a net debit of $10.96 per share. This trade lasts 228 days, giving it an annualized return rate of 22.32%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cabot Oil & Gas has an assigned return rate of 8.36%. To enter this trade, buy 100 shares of COG stock at 25.02 per share and selling one contract of the Cabot Oil & Gas Oct 2019 25 call for 1.95 for a net debit of $23.07 per share. This trade lasts 137 days, giving it an annualized return rate of 22.28%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on KKR & Co. LP has an assigned return rate of 6.64%. To enter this trade, buy 100 shares of KKR stock at 22.28 per share and selling one contract of the KKR & Co. LP Sep 2019 22 call for 1.64 for a net debit of $20.63 per share. This trade lasts 109 days, giving it an annualized return rate of 22.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Leidos Holdings Inc has an assigned return rate of 2.76%. To enter this trade, buy 100 shares of LDOS stock at 75.33 per share and selling one contract of the Leidos Holdings Inc Jul 2019 75 call for 2.35 for a net debit of $72.98 per share. This trade lasts 46 days, giving it an annualized return rate of 21.96%. 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'. 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STOCKS ON THE MOVE Nektar Therapeutics (NKTR), Johnson Controls International PLC (JCI) and Humana Inc (HUM) are moving higher this morning, while Centene Corp (CNC), CBS Corporation Common Stock (CBS) and Alphabet Inc Class C (GOOG) are headed lower. National Beverage Corp. (FIZZ), Teva Pharmaceutical Industries Ltd (TEVA) and AMC NETWORKS INC Common Stock (AMCX) were upgraded by analysts this morning, while Cree, Inc. (CREE), Big Lots, Inc. (BIG) and Fortive Corp (FTV) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 1.39%, the Hang Seng is down -0.03%, the Shanghai SE Composite Index is down -0.3% the Nikkei 225 is down -0.92% and the Australia ASX All Ordinaries is down -1.25%. Stocks in Europe are down. The DAX is down -0.14%, the FTSE 100 is down -0.11%, the Euro Stoxx 50 is down -0.08% and the CAC 40 is down -0.06%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.83 at 54.33 per barrel. Brent crude is up 0.59 at 62.58 per barrel. Natural Gas is up 0.01 at 2.45. Precious metals are up this morning. Gold is up 11.9 at 1317.48 per ounce. Platinum is up 9.75 at 803.47 while silver is up 0.11 at 14.68. 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. PUT/CALL RATIO Yesterday, 862,138 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 588,704 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 ISM Manufacturing Index May 10:00 Construction Spending EARNINGS EXPECTED TODAY: COUP BOX |
