MORNING UPDATE: PriceWatch Alerts for FTNT and More... for 2019-02-27 |
PriceWatch Alerts for FTNT, NSC, SANM, BOOT, PYPL, ARRY, CDW, BSX, ARW and ON. Today's optimal covered call on Fortinet has an assigned return rate of 3.30%. To enter this trade, buy 100 shares of FTNT stock at 86.98 per share and selling one contract of the Fortinet Apr 2019 85 call for 4.70 for a net debit of $82.28 per share. This trade lasts 50 days, giving it an annualized return rate of 24.13%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Norfolk Southern has an assigned return rate of 3.26%. To enter this trade, buy 100 shares of NSC stock at 180.5 per share and selling one contract of the Norfolk Southern Apr 2019 180 call for 6.20 for a net debit of $174.31 per share. This trade lasts 50 days, giving it an annualized return rate of 23.82%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Sanmina SCI has an assigned return rate of 3.25%. To enter this trade, buy 100 shares of SANM stock at 32.74 per share and selling one contract of the Sanmina SCI Apr 2019 32 call for 1.75 for a net debit of $30.99 per share. This trade lasts 50 days, giving it an annualized return rate of 23.79%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Boot Barn has an assigned return rate of 10.91%. To enter this trade, buy 100 shares of BOOT stock at 28.84 per share and selling one contract of the Boot Barn Aug 2019 25 call for 6.29 for a net debit of $22.53 per share. This trade lasts 170 days, giving it an annualized return rate of 23.43%. 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 4.92%. To enter this trade, buy 100 shares of PYPL stock at 96.58 per share and selling one contract of the Paypal Holdings May 2019 95 call for 6.04 for a net debit of $90.54 per share. This trade lasts 79 days, giving it an annualized return rate of 22.75%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Array Biopharma has an assigned return rate of 19.40%. To enter this trade, buy 100 shares of ARRY stock at 23.25 per share and selling one contract of the Array Biopharma Jan 2020 20 call for 6.50 for a net debit of $16.75 per share. This trade lasts 324 days, giving it an annualized return rate of 21.85%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on CDW Corporation has an assigned return rate of 2.95%. To enter this trade, buy 100 shares of CDW stock at 95.26 per share and selling one contract of the CDW Corporation Apr 2019 95 call for 3.00 for a net debit of $92.26 per share. This trade lasts 50 days, giving it an annualized return rate of 21.59%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Boston Scientific has an assigned return rate of 2.95%. To enter this trade, buy 100 shares of BSX stock at 39.86 per share and selling one contract of the Boston Scientific Apr 2019 39 call for 1.98 for a net debit of $37.88 per share. This trade lasts 50 days, giving it an annualized return rate of 21.58%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Arrow Electronics has an assigned return rate of 2.92%. To enter this trade, buy 100 shares of ARW stock at 80.83 per share and selling one contract of the Arrow Electronics Apr 2019 80 call for 3.10 for a net debit of $77.73 per share. This trade lasts 50 days, giving it an annualized return rate of 21.31%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on On Semiconductor has an assigned return rate of 13.28%. To enter this trade, buy 100 shares of ON stock at 22.52 per share and selling one contract of the On Semiconductor Oct 2019 22 call for 3.10 for a net debit of $19.41 per share. This trade lasts 233 days, giving it an annualized return rate of 20.81%. The risk assessment of this trade is 4 keys, (Low 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 Best Buy Co Inc (BBY), Campbell Soup Company (CPB) and Lowe's Companies, Inc. (LOW) are moving higher this morning, while Mylan NV (MYL), Fifth Third Bancorp (FITB) and EOG Resources Inc (EOG) are headed lower. Philip Morris International Inc. (PM), W. R. Berkley Corp (WRB) and Cincinnati Financial Corporation (CINF) were upgraded by analysts this morning, while Mylan NV (MYL), Home Depot Inc (HD) and Rent-A-Center Inc (RCII) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.5%, the Shanghai SE Composite Index is up 0.42%, the Australia ASX All Ordinaries is up 0.4% the Hang Seng is down -0.05% and the Mumbai Sensex is down -0.66%. Stocks in Europe are down. The FTSE 100 is down -0.76%, the DAX is down -0.45%, the Euro Stoxx 50 is down -0.26% and the CAC 40 is down -0.18%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 1.33 at 56.83 per barrel. Brent crude is up 1.01 at 66.22 per barrel. Natural Gas is down -0.04 at 2.76. Precious metals are mixed this morning. Gold is down -1.36 at 1327.6 per ounce. Platinum is up 9.3 at 870.8 while silver is flat 0 at 15.93. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 953,320 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 571,734 put contracts. The single-session put/call was 0.60 while the 20-day moving average is now at 0.6. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 02/23 07:00 Adv. Intl. Trade in Goods Jan 08:30 Adv. Retail Inventories Jan 08:30 Adv. Wholesale Inventories Jan 08:30 Factory Orders Dec 10:00 Pending Home Sales Jan 10:00 EIA Crude Oil Inventories 02/23 10:30 EARNINGS EXPECTED TODAY: BKNG LOW AMT TJX HPQ MNST SQ PEG BBY NTIOF ANSS APA UHS AES CPB LB PK CABO |