MORNING UPDATE: PriceWatch Alerts for CMG and More... for 2018-09-14 |
PriceWatch Alerts for CMG, WSM, STX, IAC, XPO ,LNG, VNOM, NTAP, SEAS and SM. Today's optimal covered call on Chipotle Mexican Grill has an assigned return rate of 6.16%. To enter this trade, buy 100 shares of CMG stock at 495.94 per share and selling one contract of the Chipotle Mexican Grill Nov 2018 495 call for 29.69 for a net debit of $466.24 per share. This trade lasts 63 days, giving it an annualized return rate of 35.73%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Williams Sonoma has an assigned return rate of 3.36%. To enter this trade, buy 100 shares of WSM stock at 67.8 per share and selling one contract of the Williams Sonoma Oct 2018 67.5 call for 2.50 for a net debit of $65.29 per share. This trade lasts 35 days, giving it an annualized return rate of 35.13%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Seagate Technology has an assigned return rate of 5.88%. To enter this trade, buy 100 shares of STX stock at 48.2 per share and selling one contract of the Seagate Technology Nov 2018 47.5 call for 3.35 for a net debit of $44.85 per share. This trade lasts 63 days, giving it an annualized return rate of 34.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Iac/Interactive has an assigned return rate of 3.21%. To enter this trade, buy 100 shares of IAC stock at 222.44 per share and selling one contract of the Iac/Interactive Oct 2018 220 call for 9.30 for a net debit of $213.14 per share. This trade lasts 35 days, giving it an annualized return rate of 33.51%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Xpo Logistics Inc has an assigned return rate of 3.19%. To enter this trade, buy 100 shares of XPO stock at 111.69 per share and selling one contract of the Xpo Logistics Inc Oct 2018 110 call for 5.09 for a net debit of $106.59 per share. This trade lasts 35 days, giving it an annualized return rate of 33.36%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cheniere Energy has an assigned return rate of 3.19%. To enter this trade, buy 100 shares of LNG stock at 65.87 per share and selling one contract of the Cheniere Energy Oct 2018 65 call for 2.87 for a net debit of $62.99 per share. This trade lasts 35 days, giving it an annualized return rate of 33.27%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Viper Energy LP has an assigned return rate of 3.00%. To enter this trade, buy 100 shares of VNOM stock at 39.13 per share and selling one contract of the Viper Energy LP Oct 2018 38 call for 2.25 for a net debit of $36.89 per share. This trade lasts 35 days, giving it an annualized return rate of 31.37%. 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 5.39%. To enter this trade, buy 100 shares of NTAP stock at 85.5 per share and selling one contract of the NetApp Nov 2018 85 call for 4.84 for a net debit of $80.65 per share. This trade lasts 63 days, giving it an annualized return rate of 31.24%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Seaworld Entertainment has an assigned return rate of 2.95%. To enter this trade, buy 100 shares of SEAS stock at 32.4 per share and selling one contract of the Seaworld Entertainment Oct 2018 31 call for 2.29 for a net debit of $30.10 per share. This trade lasts 35 days, giving it an annualized return rate of 30.82%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on St Mary Land and Exploration has an assigned return rate of 10.61%. To enter this trade, buy 100 shares of SM stock at 31.31 per share and selling one contract of the St Mary Land and Exploration Jan 2019 30 call for 4.20 for a net debit of $27.12 per share. This trade lasts 126 days, giving it an annualized return rate of 30.76%. 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 ? '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 Advanced Micro Devices, Inc. (AMD), Wynn Resorts, Limited (WYNN) and L Brands Inc (LB) are moving higher this morning, while NiSource Inc. (NI), CROWN CASTLE In/SH SH (CCI) and Costco Wholesale Corporation (COST) are headed lower. Parker-Hannifin Corp (PH), Helmerich & Payne, Inc. (HP) and Corning Incorporated (GLW) were upgraded by analysts this morning, while DDR Corp (DDR), Tandem Diabetes Care Inc (TNDM) and Dunkin Brands Group Inc (DNKN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.2%, the Hang Seng is up 1.01%, the Mumbai Sensex is up 0.99% the Australia ASX All Ordinaries is up 0.58% and the Shanghai SE Composite Index is down -0.18%. In Europe stocks are up. The DAX is up 0.28%, the CAC 40 is up 0.24%, the FTSE 100 is up 0.21% and the Euro Stoxx 50 is up 0.07%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.27 at 68.86 per barrel. Brent crude is up 0.09 at 78.27 per barrel. Natural Gas is down -0.01 at 2.81. Precious metals are mixed this morning. Gold is up 1.3 at 1203.4 per ounce. Platinum is up 6.49 at 806.52 while silver is down -0.01 at 14.23. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 1,340,299 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 669,873 put contracts. The single-session put/call was 0.50 while the 20-day moving average is now at 0.6. TODAY'S ECONOMIC CALENDAR Retail Sales Aug 08:30 Export Prices Aug 08:30 Import Prices Aug 08:30 Industrial Production Aug 09:15 Capacity Utilization Aug 09:15 Business Inventories Jul 10:00 Univ. of Michigan Consumer Sentiment Sep 10:00 EARNINGS EXPECTED TODAY: PLAY |