MORNING UPDATE: PriceWatch Alerts for ITW and More... for 2019-05-20 |
PriceWatch Alerts for ITW, PGR, ATV, MCO, BX, JPM, PYPL, NVT, DHR and IRDM. Today's optimal covered call on Illinois Tool Works has an assigned return rate of 2.45%. To enter this trade, buy 100 shares of ITW stock at 150.6 per share and selling one contract of the Illinois Tool Works Jun 2019 150 call for 4.20 for a net debit of $146.40 per share. This trade lasts 32 days, giving it an annualized return rate of 28.04%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Progressive has an assigned return rate of 2.41%. To enter this trade, buy 100 shares of PGR stock at 77.72 per share and selling one contract of the Progressive Jun 2019 77.5 call for 2.04 for a net debit of $75.67 per share. This trade lasts 32 days, giving it an annualized return rate of 27.58%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Avnet has an assigned return rate of 2.40%. To enter this trade, buy 100 shares of AVT stock at 43.38 per share and selling one contract of the Avnet Jun 2019 43 call for 1.39 for a net debit of $41.99 per share. This trade lasts 32 days, giving it an annualized return rate of 27.43%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Moodys has an assigned return rate of 2.39%. To enter this trade, buy 100 shares of MCO stock at 185.92 per share and selling one contract of the Moodys Jun 2019 185 call for 5.25 for a net debit of $180.68 per share. This trade lasts 32 days, giving it an annualized return rate of 27.27%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Blackstone Group has an assigned return rate of 2.22%. To enter this trade, buy 100 shares of BX stock at 40.65 per share and selling one contract of the Blackstone Group Jun 2019 40 call for 1.52 for a net debit of $39.12 per share. This trade lasts 32 days, giving it an annualized return rate of 25.36%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on JPMorgan has an assigned return rate of 2.21%. To enter this trade, buy 100 shares of JPM stock at 110.76 per share and selling one contract of the JPMorgan Jun 2019 110 call for 3.14 for a net debit of $107.61 per share. This trade lasts 32 days, giving it an annualized return rate of 25.22%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Paypal Holdings has an assigned return rate of 2.18%. To enter this trade, buy 100 shares of PYPL stock at 112.8 per share and selling one contract of the Paypal Holdings Jun 2019 110 call for 5.15 for a net debit of $107.64 per share. This trade lasts 32 days, giving it an annualized return rate of 24.89%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nvent Electric Plc has an assigned return rate of 5.88%. To enter this trade, buy 100 shares of NVT stock at 25.11 per share and selling one contract of the Nvent Electric Plc Aug 2019 25 call for 1.50 for a net debit of $23.60 per share. This trade lasts 88 days, giving it an annualized return rate of 24.41%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Danaher has an assigned return rate of 2.12%. To enter this trade, buy 100 shares of DHR stock at 131.1 per share and selling one contract of the Danaher Jun 2019 130 call for 3.79 for a net debit of $127.29 per share. This trade lasts 32 days, giving it an annualized return rate of 24.19%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Iridium Comm Inc has an assigned return rate of 13.98%. To enter this trade, buy 100 shares of IRDM stock at 24 per share and selling one contract of the Iridium Comm Inc Dec 2019 22 call for 4.70 for a net debit of $19.30 per share. This trade lasts 214 days, giving it an annualized return rate of 23.86%. 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. 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 News Corp Class B (NWS), Kellogg Company (K) and Mattel Inc (MAT) are moving higher this morning, while Xilinx, Inc. (XLNX), QUALCOMM, Inc. (QCOM) and Qorvo Inc (QRVO) are headed lower. Target Corporation (TGT), United Continental Holdings Inc (UAL) and Burberry Group plc Preference Shares (BURBY) were upgraded by analysts this morning, while Deutsche Bank AG (DB), Baidu Inc (BIDU) and Bristol-Myers Squibb Co (BMY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 3.75%, the Australia ASX All Ordinaries is up 1.62%, the Nikkei 225 is up 0.24% the Shanghai SE Composite Index is down -0.41% and the Hang Seng is down -0.57%. Stocks in Europe are down. The Euro Stoxx 50 is down -1.5%, the CAC 40 is down -1.49%, the DAX is down -1.44% and the FTSE 100 is down -0.89%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.23 at 62.99 per barrel. Brent crude is up 0.37 at 72.58 per barrel. Natural Gas is up 0.05 at 2.68. Precious metals are mixed this morning. Gold is down -0.43 at 1277.1 per ounce. Platinum is down -2.49 at 816.4 while silver is flat 0 at 14.39. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 1,114,336 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 730,249 put contracts. The single-session put/call was 0.66 while the 20-day moving average is now at 0.65. TODAY'S ECONOMIC CALENDAR None EARNINGS EXPECTED TODAY: PDD TTM NSDN IGT QD |