MORNING UPDATE: PriceWatch Alerts for ADBE and More... for 2019-04-01 |
PriceWatch Alerts for ADBE, BBY, ANF, FNV, ULTA, CROX, FIVE, DLTR, GWRE and YEXT. Today's optimal covered call on Adobe Systems has an assigned return rate of 3.47%. To enter this trade, buy 100 shares of ADBE stock at 266.48 per share and selling one contract of the Adobe Systems May 2019 265 call for 10.40 for a net debit of $256.09 per share. This trade lasts 46 days, giving it an annualized return rate of 27.60%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Best Buy has an assigned return rate of 6.04%. To enter this trade, buy 100 shares of BBY stock at 71.05 per share and selling one contract of the Best Buy Jun 2019 70 call for 5.04 for a net debit of $66.01 per share. This trade lasts 81 days, giving it an annualized return rate of 27.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Abercrombie and Fitch has an assigned return rate of 10.12%. To enter this trade, buy 100 shares of ANF stock at 27.4 per share and selling one contract of the Abercrombie and Fitch Aug 2019 26 call for 3.79 for a net debit of $23.60 per share. This trade lasts 137 days, giving it an annualized return rate of 26.96%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Franco Nev Corp has an assigned return rate of 3.30%. To enter this trade, buy 100 shares of FNV stock at 75.05 per share and selling one contract of the Franco Nev Corp May 2019 75 call for 2.45 for a net debit of $72.59 per share. This trade lasts 46 days, giving it an annualized return rate of 26.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ulta Salon Cosmetics has an assigned return rate of 5.75%. To enter this trade, buy 100 shares of ULTA stock at 348.73 per share and selling one contract of the Ulta Salon Cosmetics Jun 2019 345 call for 22.50 for a net debit of $326.23 per share. This trade lasts 81 days, giving it an annualized return rate of 25.92%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Crocs has an assigned return rate of 11.88%. To enter this trade, buy 100 shares of CROX stock at 25.75 per share and selling one contract of the Crocs Sep 2019 24 call for 4.29 for a net debit of $21.44 per share. This trade lasts 172 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 Five Below has an assigned return rate of 3.13%. To enter this trade, buy 100 shares of FIVE stock at 124.25 per share and selling one contract of the Five Below May 2019 120 call for 7.90 for a net debit of $116.34 per share. This trade lasts 46 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 Dollar Tree has an assigned return rate of 3.00%. To enter this trade, buy 100 shares of DLTR stock at 105.04 per share and selling one contract of the Dollar Tree May 2019 105 call for 3.10 for a net debit of $101.94 per share. This trade lasts 46 days, giving it an annualized return rate of 23.81%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Guidewire Software Inc has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of GWRE stock at 97.16 per share and selling one contract of the Guidewire Software Inc May 2019 95 call for 4.79 for a net debit of $92.35 per share. This trade lasts 46 days, giving it an annualized return rate of 22.68%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Yext Inc has an assigned return rate of 8.34%. To enter this trade, buy 100 shares of YEXT stock at 21.86 per share and selling one contract of the Yext Inc Aug 2019 20 call for 3.39 for a net debit of $18.46 per share. This trade lasts 137 days, giving it an annualized return rate of 22.22%. 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 Wynn Resorts, Limited (WYNN), Freeport-McMoRan Inc (FCX) and Advanced Micro Devices, Inc. (AMD) are moving higher this morning, while Coty Inc (COTY), United Continental Holdings Inc (UAL) and Kimco Realty Corp (KIM) are headed lower. Orange SA (ORAN), CarMax, Inc (KMX) and Jabil Inc (JBL) were upgraded by analysts this morning, while FedEx Corporation (FDX), Monster Beverage Corp (MNST) and Kimco Realty Corp (KIM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Shanghai SE Composite Index is up 2.58%, the Hang Seng is up 1.73%, the Nikkei 225 is up 1.43% the Australia ASX All Ordinaries is up 0.61% and the Mumbai Sensex is up 0.33%. In Europe stocks are up. The DAX is up 1.04%, the FTSE 100 is up 0.68%, the CAC 40 is up 0.67% and the Euro Stoxx 50 is up 0.62%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.72 at 60.68 per barrel. Brent crude is up 1.08 at 68.66 per barrel. Natural Gas is up 0.02 at 2.68. Precious metals are mixed this morning. Gold is down -0.39 at 1291.99 per ounce. Platinum is up 0.07 at 849.53 while silver is down -0.04 at 15.07. 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, 936,380 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 608,984 put contracts. The single-session put/call was 0.65 while the 20-day moving average is now at 0.64. TODAY'S ECONOMIC CALENDAR Retail Sales Feb 08:30 Business Inventories Jan 10:00 ISM Manufacturing Index Mar 10:00 Construction Spending Feb 10:00 Auto Sales Mar 14:00 Truck Sales Mar 14:00 EARNINGS EXPECTED TODAY: None |