MORNING UPDATE: PriceWatch Alerts for CMCSA and More... for 2019-05-09 |
| PriceWatch Alerts for CMCSA, PHM, MSFT, TXN, ITW, TSCO, FAST, AVT, CERN and CSX. Today's optimal covered call on Comcast has an assigned return rate of 3.03%. To enter this trade, buy 100 shares of CMCSA stock at 42.54 per share and selling one contract of the Comcast Jun 2019 42.5 call for 1.30 for a net debit of $41.25 per share. This trade lasts 43 days, giving it an annualized return rate of 25.72%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Pulte Homes has an assigned return rate of 4.94%. To enter this trade, buy 100 shares of PHM stock at 31.07 per share and selling one contract of the Pulte Homes Jul 2019 31 call for 1.54 for a net debit of $29.53 per share. This trade lasts 71 days, giving it an annualized return rate of 25.40%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Microsoft has an assigned return rate of 2.95%. To enter this trade, buy 100 shares of MSFT stock at 125.51 per share and selling one contract of the Microsoft Jun 2019 125 call for 4.09 for a net debit of $121.41 per share. This trade lasts 43 days, giving it an annualized return rate of 25.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Texas Instruments has an assigned return rate of 2.93%. To enter this trade, buy 100 shares of TXN stock at 112.55 per share and selling one contract of the Texas Instruments Jun 2019 110 call for 5.70 for a net debit of $106.85 per share. This trade lasts 43 days, giving it an annualized return rate of 24.94%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Illinois Tool Works has an assigned return rate of 2.93%. To enter this trade, buy 100 shares of ITW stock at 151.13 per share and selling one contract of the Illinois Tool Works Jun 2019 150 call for 5.40 for a net debit of $145.72 per share. This trade lasts 43 days, giving it an annualized return rate of 24.87%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Tractor Supply has an assigned return rate of 2.89%. To enter this trade, buy 100 shares of TSCO stock at 101.48 per share and selling one contract of the Tractor Supply Jun 2019 100 call for 4.29 for a net debit of $97.18 per share. This trade lasts 43 days, giving it an annualized return rate of 24.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fastenal has an assigned return rate of 2.88%. To enter this trade, buy 100 shares of FAST stock at 66.18 per share and selling one contract of the Fastenal Jun 2019 65 call for 3.00 for a net debit of $63.18 per share. This trade lasts 43 days, giving it an annualized return rate of 24.45%. 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 2.88%. To enter this trade, buy 100 shares of AVT stock at 45.34 per share and selling one contract of the Avnet Jun 2019 45 call for 1.60 for a net debit of $43.74 per share. This trade lasts 43 days, giving it an annualized return rate of 24.45%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cerner has an assigned return rate of 2.86%. To enter this trade, buy 100 shares of CERN stock at 68.01 per share and selling one contract of the Cerner Jun 2019 67.5 call for 2.39 for a net debit of $65.61 per share. This trade lasts 43 days, giving it an annualized return rate of 24.31%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on CSX has an assigned return rate of 2.71%. To enter this trade, buy 100 shares of CSX stock at 78.19 per share and selling one contract of the CSX Jun 2019 77.5 call for 2.75 for a net debit of $75.45 per share. This trade lasts 43 days, giving it an annualized return rate of 23.06%. 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 Tapestry Inc (TPR), Fox Corp Class A (FOXA) and Norwegian Cruise Line Holdings Ltd (NCLH) are moving higher this morning, while NetApp Inc. (NTAP), Intel Corporation (INTC) and Micron Technology, Inc. (MU) are headed lower. Ralph Lauren Corp (RL), Match Group Inc (MTCH) and Penn National Gaming, Inc (PENN) were upgraded by analysts this morning, while Stamps.com Inc. (STMP), Office Depot Inc (ODP) and American Eagle Outfitters (AEO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.4%, the Mumbai Sensex is down -0.61%, the Nikkei 225 is down -0.93% the Shanghai SE Composite Index is down -1.48% and the Hang Seng is down -2.39%. Stocks in Europe are down. The CAC 40 is down -1.25%, the Euro Stoxx 50 is down -1.17%, the DAX is down -0.89% and the FTSE 100 is down -0.3%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.19 at 61.93 per barrel. Brent crude is up 0.07 at 70.44 per barrel. Natural Gas is up 0.02 at 2.59. Precious metals are mixed this morning. Gold is up 0.37 at 1281.25 per ounce. Platinum is down -9.41 at 852.17 while silver is down -0.1 at 14.77. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 850,759 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 558,340 put contracts. The single-session put/call was 0.66 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR Initial Claims 05/04 08:30 Continuing Claims 04/27 08:30 PPI Apr 08:30 Trade Balance Mar 08:30 Wholesale Inventories Mar 10:00 EIA Natural Gas Inventories 05/04 10:30 EARNINGS EXPECTED TODAY: BKNG VALE DUK BDX KDP CNQ NTR TU MT VIV MTD AEE MGA LNG CNP SYMC DBX ZAYO |
