MORNING UPDATE: PriceWatch Alerts for CLR and More... for 2018-09-12 |
| PriceWatch Alerts for CLR, JWN, GDDY, NTAP, TTWO ,VLO, XPO, KORS, ILMN and QCOM. Today's optimal covered call on Continental Resources has an assigned return rate of 3.55%. To enter this trade, buy 100 shares of CLR stock at 61.43 per share and selling one contract of the Continental Resources Oct 2018 60 call for 3.50 for a net debit of $57.93 per share. This trade lasts 37 days, giving it an annualized return rate of 35.07%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Nordstrom has an assigned return rate of 3.55%. To enter this trade, buy 100 shares of JWN stock at 65.66 per share and selling one contract of the Nordstrom Oct 2018 65 call for 2.89 for a net debit of $62.76 per share. This trade lasts 37 days, giving it an annualized return rate of 35.04%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on GoDaddy has an assigned return rate of 3.38%. To enter this trade, buy 100 shares of GDDY stock at 82.9 per share and selling one contract of the GoDaddy Oct 2018 82.5 call for 3.10 for a net debit of $79.80 per share. This trade lasts 37 days, giving it an annualized return rate of 33.37%. 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 3.35%. To enter this trade, buy 100 shares of NTAP stock at 85.12 per share and selling one contract of the NetApp Oct 2018 85 call for 2.87 for a net debit of $82.24 per share. This trade lasts 37 days, giving it an annualized return rate of 33.10%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on TakeTwo Interactive has an assigned return rate of 5.84%. To enter this trade, buy 100 shares of TTWO stock at 133.91 per share and selling one contract of the TakeTwo Interactive Nov 2018 130 call for 11.09 for a net debit of $122.81 per share. This trade lasts 65 days, giving it an annualized return rate of 32.82%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Valero Energy has an assigned return rate of 3.32%. To enter this trade, buy 100 shares of VLO stock at 115.09 per share and selling one contract of the Valero Energy Oct 2018 115 call for 3.79 for a net debit of $111.29 per share. This trade lasts 37 days, giving it an annualized return rate of 32.79%. 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 3.31%. To enter this trade, buy 100 shares of XPO stock at 112.26 per share and selling one contract of the Xpo Logistics Inc Oct 2018 110 call for 5.79 for a net debit of $106.46 per share. This trade lasts 37 days, giving it an annualized return rate of 32.70%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Michael Kors has an assigned return rate of 5.76%. To enter this trade, buy 100 shares of KORS stock at 73.94 per share and selling one contract of the Michael Kors Nov 2018 72.5 call for 5.40 for a net debit of $68.54 per share. This trade lasts 65 days, giving it an annualized return rate of 32.35%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Illumina has an assigned return rate of 3.20%. To enter this trade, buy 100 shares of ILMN stock at 352.32 per share and selling one contract of the Illumina Oct 2018 350 call for 13.19 for a net debit of $339.12 per share. This trade lasts 37 days, giving it an annualized return rate of 31.64%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Qualcomm has an assigned return rate of 3.18%. To enter this trade, buy 100 shares of QCOM stock at 72.51 per share and selling one contract of the Qualcomm Oct 2018 72.5 call for 2.25 for a net debit of $70.26 per share. This trade lasts 37 days, giving it an annualized return rate of 31.45%. 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. 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(TIF) and Chevron Corporation (CVX) were upgraded by analysts this morning, while Texas Roadhouse Inc (TXRH), Snap Inc (SNAP) and Micron Technology, Inc. (MU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.81%, the Australia ASX All Ordinaries is down -0.06%, the Nikkei 225 is down -0.27% the Hang Seng is down -0.29% and the Shanghai SE Composite Index is down -0.33%. In Europe stocks are up. The CAC 40 is up 0.53%, the DAX is up 0.2%, the FTSE 100 is up 0.12% and the Euro Stoxx 50 is up 0.09%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.73 at 69.98 per barrel. Brent crude is up 0.28 at 79.34 per barrel. Natural Gas is up 0.02 at 2.84. Precious metals are mixed this morning. Gold is down -5.15 at 1193.44 per ounce. Platinum is down -4.03 at 787.8 while silver is up 0.01 at 14.16. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 913,473 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 556,172 put contracts. The single-session put/call was 0.61 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 09/08 07:00 PPI Aug 08:30 Crude Inventories 09/08 10:30 Beige Book Aug 14:00 EARNINGS EXPECTED TODAY: PVTL This Morning Update was prepared with data and information provided by: |
