MORNING UPDATE: PriceWatch Alerts for VEEV and More... for 2018-09-17 |
| PriceWatch Alerts for VEEV, VMW, ADSK, AAP, ULTA ,COUP, NTAP, GDS, PANW and GWRE. Today's optimal covered call on Veeva Systems Inc has an assigned return rate of 2.92%. To enter this trade, buy 100 shares of VEEV stock at 106.91 per share and selling one contract of the Veeva Systems Inc Oct 2018 105 call for 4.90 for a net debit of $102.01 per share. This trade lasts 32 days, giving it an annualized return rate of 33.31%. 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 2.86%. To enter this trade, buy 100 shares of VMW stock at 162.64 per share and selling one contract of the VMware Oct 2018 160 call for 7.09 for a net debit of $155.55 per share. This trade lasts 32 days, giving it an annualized return rate of 32.63%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Autodesk has an assigned return rate of 2.84%. To enter this trade, buy 100 shares of ADSK stock at 151.35 per share and selling one contract of the Autodesk Oct 2018 150 call for 5.50 for a net debit of $145.84 per share. This trade lasts 32 days, giving it an annualized return rate of 32.45%. 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 2.83%. To enter this trade, buy 100 shares of AAP stock at 165.44 per share and selling one contract of the Advance Auto Parts Oct 2018 165 call for 5.00 for a net debit of $160.44 per share. This trade lasts 32 days, giving it an annualized return rate of 32.34%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ulta Salon Cosmetics has an assigned return rate of 2.76%. To enter this trade, buy 100 shares of ULTA stock at 279.1 per share and selling one contract of the Ulta Salon Cosmetics Oct 2018 275 call for 11.50 for a net debit of $267.60 per share. This trade lasts 32 days, giving it an annualized return rate of 31.54%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Coupa Software Inc has an assigned return rate of 2.73%. To enter this trade, buy 100 shares of COUP stock at 79.09 per share and selling one contract of the Coupa Software Inc Oct 2018 75 call for 6.09 for a net debit of $73.00 per share. This trade lasts 32 days, giving it an annualized return rate of 31.25%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on NetApp has an assigned return rate of 4.97%. To enter this trade, buy 100 shares of NTAP stock at 85.76 per share and selling one contract of the NetApp Nov 2018 85 call for 4.79 for a net debit of $80.96 per share. This trade lasts 60 days, giving it an annualized return rate of 30.27%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Gds Holdings Ltd has an assigned return rate of 14.76%. To enter this trade, buy 100 shares of GDS stock at 34.74 per share and selling one contract of the Gds Holdings Ltd Mar 2019 30 call for 8.59 for a net debit of $26.14 per share. This trade lasts 179 days, giving it an annualized return rate of 30.11%. 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 2.44%. To enter this trade, buy 100 shares of PANW stock at 234.61 per share and selling one contract of the Palo Alto Networks Oct 2018 230 call for 10.09 for a net debit of $224.52 per share. This trade lasts 32 days, giving it an annualized return rate of 27.83%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Guidewire Software Inc has an assigned return rate of 2.42%. To enter this trade, buy 100 shares of GWRE stock at 107.3 per share and selling one contract of the Guidewire Software Inc Oct 2018 105 call for 4.79 for a net debit of $102.51 per share. This trade lasts 32 days, giving it an annualized return rate of 27.70%. 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 Incyte Corporation (INCY), Mosaic Co (MOS) and HollyFrontier Corp (HFC) are moving higher this morning, while Tyson Foods, Inc. (TSN), Twitter Inc (TWTR) and Seagate Technology PLC (STX) are headed lower. Teva Pharmaceutical Industries Ltd (ADR) ADR (TEVA), Advance Auto Parts, Inc. (AAP) and Lululemon Athletica inc. (LULU) were upgraded by analysts this morning, while Microchip Technology Inc. (MCHP), Arconic Inc (ARNC) and Thermo Fisher Scientific Inc. (TMO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.2%, the Australia ASX All Ordinaries is up 0.28%, the Shanghai SE Composite Index is down -1.11% the Hang Seng is down -1.3% and the Mumbai Sensex is down -1.33%. Stocks in Europe are down. The DAX is down -0.46%, the FTSE 100 is down -0.21%, the CAC 40 is down -0.14% and the Euro Stoxx 50 is down -0.08%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.51 at 69.5 per barrel. Brent crude is up 0.5 at 78.59 per barrel. Natural Gas is up 0.02 at 2.79. Precious metals are up this morning. Gold is up 3.56 at 1197.41 per ounce. Platinum is up 5.71 at 801.56 while silver is up 0.06 at 14.2. 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, 1,083,914 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 624,258 put contracts. The single-session put/call was 0.58 while the 20-day moving average is now at 0.6. TODAY'S ECONOMIC CALENDAR Empire Manufacturing Sep 08:30 EARNINGS EXPECTED TODAY: ORCL FDX |
