MORNING UPDATE: PriceWatch Alerts for GIII and More... for 2018-09-19 |
| PriceWatch Alerts for GIII, VMW, OKTA, CRM, PANW ,WDAY, KEYS, ADSK, AAP and LOW. Today's optimal covered call on G-III Apparel Gp I has an assigned return rate of 8.30%. To enter this trade, buy 100 shares of GIII stock at 47.25 per share and selling one contract of the G-III Apparel Gp I Dec 2018 45 call for 5.70 for a net debit of $41.54 per share. This trade lasts 93 days, giving it an annualized return rate of 32.58%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on VMware has an assigned return rate of 2.66%. To enter this trade, buy 100 shares of VMW stock at 153.39 per share and selling one contract of the VMware Oct 2018 150 call for 7.29 for a net debit of $146.09 per share. This trade lasts 30 days, giving it an annualized return rate of 32.47%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Okta Inc Class A has an assigned return rate of 2.57%. To enter this trade, buy 100 shares of OKTA stock at 69.87 per share and selling one contract of the Okta Inc Class A Oct 2018 65 call for 6.50 for a net debit of $63.37 per share. This trade lasts 30 days, giving it an annualized return rate of 31.29%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Salesforce.com has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of CRM stock at 156 per share and selling one contract of the Salesforce.com Oct 2018 155 call for 4.84 for a net debit of $151.15 per share. This trade lasts 30 days, giving it an annualized return rate of 30.99%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Palo Alto Networks has an assigned return rate of 2.51%. To enter this trade, buy 100 shares of PANW stock at 234.05 per share and selling one contract of the Palo Alto Networks Oct 2018 230 call for 9.69 for a net debit of $224.35 per share. This trade lasts 30 days, giving it an annualized return rate of 30.64%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Workday has an assigned return rate of 2.50%. To enter this trade, buy 100 shares of WDAY stock at 143.67 per share and selling one contract of the Workday Oct 2018 140 call for 7.09 for a net debit of $136.58 per share. This trade lasts 30 days, giving it an annualized return rate of 30.46%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Keysight Technologies Inc Comm has an assigned return rate of 2.36%. To enter this trade, buy 100 shares of KEYS stock at 65.19 per share and selling one contract of the Keysight Technologies Inc Comm Oct 2018 65 call for 1.70 for a net debit of $63.50 per share. This trade lasts 30 days, giving it an annualized return rate of 28.74%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Autodesk has an assigned return rate of 2.26%. To enter this trade, buy 100 shares of ADSK stock at 148.78 per share and selling one contract of the Autodesk Oct 2018 145 call for 7.00 for a net debit of $141.78 per share. This trade lasts 30 days, giving it an annualized return rate of 27.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Advance Auto Parts has an assigned return rate of 2.19%. To enter this trade, buy 100 shares of AAP stock at 167.64 per share and selling one contract of the Advance Auto Parts Oct 2018 165 call for 6.20 for a net debit of $161.45 per share. This trade lasts 30 days, giving it an annualized return rate of 26.75%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Lowe's has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of LOW stock at 115.55 per share and selling one contract of the Lowe's Oct 2018 115 call for 2.87 for a net debit of $112.67 per share. This trade lasts 30 days, giving it an annualized return rate of 25.16%. 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. 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 Praxair, Inc. (PX), MGM Resorts International (MGM) and Juniper Networks, Inc. (JNPR) are moving higher this morning, while LyondellBasell Industries NV (LYB), Advanced Micro Devices, Inc. (AMD) and Yum! Brands, Inc. (YUM) are headed lower. SunPower Corporation (SPWR), Transocean LTD (RIG) and Juniper Networks, Inc. (JNPR) were upgraded by analysts this morning, while KBR, Inc. (KBR), Platform Specialty Products Corp (PAH) and LyondellBasell Industries NV (LYB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.19%, the Shanghai SE Composite Index is up 1.14%, the Nikkei 225 is up 1.08% the Australia ASX All Ordinaries is up 0.44% and the Mumbai Sensex is down -0.45%. In Europe stocks are mixed. The CAC 40 is up 0.16%, the FTSE 100 is up 0.14%, the DAX is up 0.12% and the Euro Stoxx 50 is down -0.19%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.01 at 69.84 per barrel. Brent crude is down -0.21 at 78.82 per barrel. Natural Gas is up 0.01 at 2.93. Precious metals are up this morning. Gold is up 6.7 at 1205.06 per ounce. Platinum is up 9.23 at 823.07 while silver is up 0.04 at 14.23. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 988,476 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 546,089 put contracts. The single-session put/call was 0.55 while the 20-day moving average is now at 0.59. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 09/15 07:00 Housing Starts Aug 08:30 Building Permits Aug 08:30 Current Account Balance Q2 08:30 Crude Inventories 09/15 10:30 EARNINGS EXPECTED TODAY: RHT CPRT MLHR |
