MORNING UPDATE: PriceWatch Alerts for ZEN and More... for 2019-03-29 |
| PriceWatch Alerts for ZEN, INCY, NOW, CREE, FTNT, SQ, ERI, CHGG, CTLT and OLLI. Today's optimal covered call on Zendesk Inc has an assigned return rate of 5.23%. To enter this trade, buy 100 shares of ZEN stock at 83.31 per share and selling one contract of the Zendesk Inc May 2019 80 call for 7.29 for a net debit of $76.01 per share. This trade lasts 49 days, giving it an annualized return rate of 38.99%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Incyte has an assigned return rate of 5.14%. To enter this trade, buy 100 shares of INCY stock at 85.73 per share and selling one contract of the Incyte May 2019 85 call for 4.90 for a net debit of $80.83 per share. This trade lasts 49 days, giving it an annualized return rate of 38.33%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Servicenow has an assigned return rate of 4.88%. To enter this trade, buy 100 shares of NOW stock at 243.33 per share and selling one contract of the Servicenow May 2019 240 call for 14.50 for a net debit of $228.83 per share. This trade lasts 49 days, giving it an annualized return rate of 36.36%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cree has an assigned return rate of 4.78%. To enter this trade, buy 100 shares of CREE stock at 56.49 per share and selling one contract of the Cree May 2019 55 call for 4.00 for a net debit of $52.49 per share. This trade lasts 49 days, giving it an annualized return rate of 35.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Fortinet has an assigned return rate of 4.78%. To enter this trade, buy 100 shares of FTNT stock at 82.34 per share and selling one contract of the Fortinet May 2019 80 call for 6.00 for a net debit of $76.34 per share. This trade lasts 49 days, giving it an annualized return rate of 35.61%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Square has an assigned return rate of 4.77%. To enter this trade, buy 100 shares of SQ stock at 74.26 per share and selling one contract of the Square May 2019 70 call for 7.45 for a net debit of $66.81 per share. This trade lasts 49 days, giving it an annualized return rate of 35.56%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Eldorado Resorts has an assigned return rate of 4.74%. To enter this trade, buy 100 shares of ERI stock at 46.95 per share and selling one contract of the Eldorado Resorts May 2019 45 call for 4.00 for a net debit of $42.96 per share. This trade lasts 49 days, giving it an annualized return rate of 35.37%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Chegg Inc has an assigned return rate of 4.66%. To enter this trade, buy 100 shares of CHGG stock at 37.74 per share and selling one contract of the Chegg Inc May 2019 35 call for 4.29 for a net debit of $33.44 per share. This trade lasts 49 days, giving it an annualized return rate of 34.75%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Catalent Inc has an assigned return rate of 4.49%. To enter this trade, buy 100 shares of CTLT stock at 40.52 per share and selling one contract of the Catalent Inc May 2019 40 call for 2.25 for a net debit of $38.28 per share. This trade lasts 49 days, giving it an annualized return rate of 33.46%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ollies has an assigned return rate of 4.47%. To enter this trade, buy 100 shares of OLLI stock at 85.26 per share and selling one contract of the Ollies May 2019 85 call for 3.89 for a net debit of $81.35 per share. This trade lasts 49 days, giving it an annualized return rate of 33.32%. The risk assessment of this trade is 2 keys, (Considerable 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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Class B (VIAB) and Wells Fargo & Co (WFC) were upgraded by analysts this morning, while Southwest Gas Holdings Inc (SWX), Xylem Inc (XYL) and Yeti Holdings Inc (YETI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Shanghai SE Composite Index is up 3.2%, the Mumbai Sensex is up 1.08%, the Hang Seng is up 0.96% the Nikkei 225 is up 0.82% and the Australia ASX All Ordinaries is up 0.08%. In Europe stocks are up. The DAX is up 0.93%, the CAC 40 is up 0.9%, the Euro Stoxx 50 is up 0.85% and the FTSE 100 is up 0.37%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.83 at 60.13 per barrel. Brent crude is up 0.81 at 68.63 per barrel. Natural Gas is down -0.01 at 2.7. Precious metals are up this morning. Gold is up 3.47 at 1293.89 per ounce. Platinum is up 12.88 at 852.38 while silver is up 0.11 at 15.08. 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, 709,462 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 501,508 put contracts. The single-session put/call was 0.71 while the 20-day moving average is now at 0.63. TODAY'S ECONOMIC CALENDAR Personal Income Feb 08:30 Personal Spending Jan 08:30 Core PCE Price Index Jan 08:30 Chicago PMI Mar 09:45 New Home Sales Feb 10:00 Univ. of Michigan Consumer Sentiment - Final Mar 10:00 EARNINGS EXPECTED TODAY: HNNMY KMX BB NBEV |
