MORNING UPDATE: PriceWatch Alerts for IWM and More... for 2019-02-08 |
PriceWatch Alerts for IWM, IWF, UNP, SBUX, SPY, XME, DXJ, HACK, VNQ and MTG. Today's optimal covered call on Russell 2000 ETF has an assigned return rate of 2.03%. To enter this trade, buy 100 shares of IWM stock at 149.69 per share and selling one contract of the Russell 2000 ETF Mar 2019 149 call for 3.66 for a net debit of $146.03 per share. This trade lasts 35 days, giving it an annualized return rate of 21.20%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares Russell 1000 Growth Index has an assigned return rate of 2.01%. To enter this trade, buy 100 shares of IWF stock at 143.16 per share and selling one contract of the iShares Russell 1000 Growth Index Mar 2019 143 call for 3.00 for a net debit of $140.16 per share. This trade lasts 35 days, giving it an annualized return rate of 21.05%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Union Pacific has an assigned return rate of 3.24%. To enter this trade, buy 100 shares of UNP stock at 161.57 per share and selling one contract of the Union Pacific Apr 2019 160 call for 6.59 for a net debit of $154.96 per share. This trade lasts 69 days, giving it an annualized return rate of 17.16%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Starbucks has an assigned return rate of 2.75%. To enter this trade, buy 100 shares of SBUX stock at 69.13 per share and selling one contract of the Starbucks Apr 2019 67.5 call for 3.45 for a net debit of $65.68 per share. This trade lasts 69 days, giving it an annualized return rate of 14.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P 500 ETF SPDR has an assigned return rate of 2.59%. To enter this trade, buy 100 shares of SPY stock at 270.14 per share and selling one contract of the S&P 500 ETF SPDR Apr 2019 270 call for 6.96 for a net debit of $263.18 per share. This trade lasts 69 days, giving it an annualized return rate of 13.70%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on S&P Metals & Mining SPDR has an assigned return rate of 4.95%. To enter this trade, buy 100 shares of XME stock at 29.86 per share and selling one contract of the S&P Metals & Mining SPDR Jun 2019 29 call for 2.23 for a net debit of $27.62 per share. This trade lasts 133 days, giving it an annualized return rate of 13.60%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Wisdomtree Japan Hedged Equity has an assigned return rate of 3.61%. To enter this trade, buy 100 shares of DXJ stock at 49.34 per share and selling one contract of the Wisdomtree Japan Hedged Equity May 2019 49 call for 2.04 for a net debit of $47.29 per share. This trade lasts 98 days, giving it an annualized return rate of 13.46%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on ISE Cyber Security ETF has an assigned return rate of 4.85%. To enter this trade, buy 100 shares of HACK stock at 38.34 per share and selling one contract of the ISE Cyber Security ETF Jun 2019 38 call for 2.10 for a net debit of $36.24 per share. This trade lasts 133 days, giving it an annualized return rate of 13.32%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Vanguard REIT Index ETF has an assigned return rate of 2.41%. To enter this trade, buy 100 shares of VNQ stock at 84.12 per share and selling one contract of the Vanguard REIT Index ETF Apr 2019 84 call for 2.10 for a net debit of $82.02 per share. This trade lasts 69 days, giving it an annualized return rate of 12.76%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on MGIC has an assigned return rate of 7.81%. To enter this trade, buy 100 shares of MTG stock at 12.53 per share and selling one contract of the MGIC Sep 2019 12 call for 1.40 for a net debit of $11.12 per share. This trade lasts 224 days, giving it an annualized return rate of 12.73%. 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 Mattel, Inc. (MAT), Expedia Group Inc (EXPE) and Phillips 66 (PSX) are moving higher this morning, while Hasbro, Inc. (HAS), Qorvo Inc (QRVO) and Micron Technology, Inc. (MU) are headed lower. Archer Daniels Midland Co (ADM), BB&T Corporation (BBT) and GrubHub Inc (GRUB) were upgraded by analysts this morning, while Kellogg Company (K), Match Group Inc (MTCH) and S&P Global Inc (SPGI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Nikkei 225 is down -2.01%, the Australia ASX All Ordinaries is down -0.37%, the Hang Seng is down -0.16% the Shanghai SE Composite Index is down -0.01% and the Shanghai SE Composite Index is down -0.01%. Stocks in Europe are down. The FTSE 100 is down -0.55%, the DAX is down -0.5%, the Euro Stoxx 50 is down -0.28% and the CAC 40 is down -0.23%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.18 at 52.46 per barrel. Brent crude is up 0.22 at 61.85 per barrel. Natural Gas is up 0.04 at 2.59. Precious metals are up this morning. Gold is up 4.33 at 1313.44 per ounce. Platinum is up 2.35 at 800.57 while silver is up 0.1 at 15.81. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 1,008,551 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 706,989 put contracts. The single-session put/call was 0.70 while the 20-day moving average is now at 0.63. TODAY'S ECONOMIC CALENDAR None EARNINGS EXPECTED TODAY: EXC PSX VTR HAS CBOE ARNC PGC EEFT COTY CAE BEP CCJ CT BPL RDN ESNT EAF CLF UNVR AVA |