MORNING UPDATE: PriceWatch Alerts for NUVA and More... for 2019-03-21 |
| PriceWatch Alerts for NUVA, SBGI, VRTX, NEWR, NOW, NXST, TNET, TDC, PYPL and IIVI. Today's optimal covered call on Nuvasive has an assigned return rate of 2.72%. To enter this trade, buy 100 shares of NUVA stock at 55.34 per share and selling one contract of the Nuvasive Apr 2019 55 call for 1.80 for a net debit of $53.54 per share. This trade lasts 28 days, giving it an annualized return rate of 35.54%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Sinclair Broadcast Group has an assigned return rate of 5.53%. To enter this trade, buy 100 shares of SBGI stock at 37.25 per share and selling one contract of the Sinclair Broadcast Group May 2019 37 call for 2.20 for a net debit of $35.05 per share. This trade lasts 57 days, giving it an annualized return rate of 35.43%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Vertex Pharmaceuticals has an assigned return rate of 2.67%. To enter this trade, buy 100 shares of VRTX stock at 179.97 per share and selling one contract of the Vertex Pharmaceuticals Apr 2019 177.5 call for 7.09 for a net debit of $172.87 per share. This trade lasts 28 days, giving it an annualized return rate of 34.83%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on New Relic Inc has an assigned return rate of 2.64%. To enter this trade, buy 100 shares of NEWR stock at 102.62 per share and selling one contract of the New Relic Inc Apr 2019 100 call for 5.20 for a net debit of $97.42 per share. This trade lasts 28 days, giving it an annualized return rate of 34.52%. 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 2.62%. To enter this trade, buy 100 shares of NOW stock at 244.58 per share and selling one contract of the Servicenow Apr 2019 242.5 call for 8.30 for a net debit of $236.28 per share. This trade lasts 28 days, giving it an annualized return rate of 34.25%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nexstar Broadcasting has an assigned return rate of 2.59%. To enter this trade, buy 100 shares of NXST stock at 105.54 per share and selling one contract of the Nexstar Broadcasting Apr 2019 105 call for 3.20 for a net debit of $102.34 per share. This trade lasts 28 days, giving it an annualized return rate of 33.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Trinet Group Inc has an assigned return rate of 5.26%. To enter this trade, buy 100 shares of TNET stock at 61.5 per share and selling one contract of the Trinet Group Inc May 2019 60 call for 4.50 for a net debit of $57.00 per share. This trade lasts 57 days, giving it an annualized return rate of 33.70%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Teradata Corporation has an assigned return rate of 2.55%. To enter this trade, buy 100 shares of TDC stock at 45.38 per share and selling one contract of the Teradata Corporation Apr 2019 45 call for 1.50 for a net debit of $43.88 per share. This trade lasts 28 days, giving it an annualized return rate of 33.27%. 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 2.52%. To enter this trade, buy 100 shares of PYPL stock at 102.3 per share and selling one contract of the Paypal Holdings Apr 2019 102 call for 2.81 for a net debit of $99.49 per share. This trade lasts 28 days, giving it an annualized return rate of 32.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on II VI has an assigned return rate of 5.10%. To enter this trade, buy 100 shares of IIVI stock at 37.79 per share and selling one contract of the II VI May 2019 35 call for 4.50 for a net debit of $33.29 per share. This trade lasts 57 days, giving it an annualized return rate of 32.69%. 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? 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STOCKS ON THE MOVE Conagra Brands Inc (CAG), Micron Technology, Inc. (MU) and Darden Restaurants, Inc. (DRI) are moving higher this morning, while Biogen Inc (BIIB), Eli Lilly And Co (LLY) and 3M Co (MMM) are headed lower. Apple Inc. (AAPL), Dollar Tree, Inc. (DLTR) and ConocoPhillips (COP) were upgraded by analysts this morning, while Pier 1 Imports Inc (PIR), Micron Technology, Inc. (MU) and Nordstrom, Inc. (JWN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.35%, the Nikkei 225 is up 0.2%, the Mumbai Sensex is up 0.06% the Australia ASX All Ordinaries is up 0.03% and the Hang Seng is down -0.85%. In Europe stocks are mixed. The FTSE 100 is up 0.38%, the CAC 40 is down -0.3%, the Euro Stoxx 50 is down -0.34% and the DAX is down -0.73%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.46 at 59.77 per barrel. Brent crude is down -0.38 at 68.12 per barrel. Natural Gas is down -0.01 at 2.81. Precious metals are up this morning. Gold is up 2.91 at 1315.44 per ounce. Platinum is up 11.86 at 874.42 while silver is up 0.24 at 15.56. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 1,038,745 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 604,610 put contracts. The single-session put/call was 0.58 while the 20-day moving average is now at 0.62. TODAY'S ECONOMIC CALENDAR Initial Claims 03/16 08:30 Continuing Claims 03/09 08:30 Philadelphia Fed Index Mar 08:30 Leading Indicators Feb 10:00 EIA Natural Gas Inventories 03/16 10:30 EARNINGS EXPECTED TODAY: NKE CTAS DRI CAG |
