MORNING UPDATE: PriceWatch Alerts for IDTI and More...
PriceWatch Alerts for IDTI, KSS, FTNT, EYE, XPO ,AMZN, JWN, MPC, LNG and RL.
Today's optimal covered call on Integrated Device Technology has an assigned return rate of 4.06%. To enter this trade, buy 100 shares of IDTI stock at 42.65 per share and selling one contract of the Integrated Device Technology Oct 2018 42 call for 2.29 for a net debit of $40.35 per share. This trade lasts 39 days, giving it an annualized return rate of 38.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Kohls has an assigned return rate of 3.96%. To enter this trade, buy 100 shares of KSS stock at 80.25 per share and selling one contract of the Kohls Oct 2018 80 call for 3.29 for a net debit of $76.95 per share. This trade lasts 39 days, giving it an annualized return rate of 37.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Fortinet has an assigned return rate of 3.88%. To enter this trade, buy 100 shares of FTNT stock at 85.51 per share and selling one contract of the Fortinet Oct 2018 85 call for 3.70 for a net debit of $81.81 per share. This trade lasts 39 days, giving it an annualized return rate of 36.37%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on National Vision Holdings Inc has an assigned return rate of 3.87%. To enter this trade, buy 100 shares of EYE stock at 45.72 per share and selling one contract of the National Vision Holdings Inc Oct 2018 45 call for 2.39 for a net debit of $43.32 per share. This trade lasts 39 days, giving it an annualized return rate of 36.29%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Xpo Logistics Inc has an assigned return rate of 3.87%. To enter this trade, buy 100 shares of XPO stock at 106.18 per share and selling one contract of the Xpo Logistics Inc Oct 2018 105 call for 5.09 for a net debit of $101.08 per share. This trade lasts 39 days, giving it an annualized return rate of 36.29%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Amazon has an assigned return rate of 3.83%. To enter this trade, buy 100 shares of AMZN stock at 1952.06 per share and selling one contract of the Amazon Oct 2018 1950 call for 74.09 for a net debit of $1877.97 per share. This trade lasts 39 days, giving it an annualized return rate of 35.89%. 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 3.80%. To enter this trade, buy 100 shares of JWN stock at 65.72 per share and selling one contract of the Nordstrom Oct 2018 65 call for 3.10 for a net debit of $62.61 per share. This trade lasts 39 days, giving it an annualized return rate of 35.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Marathon Petroleum has an assigned return rate of 3.76%. To enter this trade, buy 100 shares of MPC stock at 82.51 per share and selling one contract of the Marathon Petroleum Oct 2018 82.5 call for 3.00 for a net debit of $79.51 per share. This trade lasts 39 days, giving it an annualized return rate of 35.19%. 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 3.70%. To enter this trade, buy 100 shares of LNG stock at 65.83 per share and selling one contract of the Cheniere Energy Oct 2018 65 call for 3.14 for a net debit of $62.67 per share. This trade lasts 39 days, giving it an annualized return rate of 34.64%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Polo Ralph Lauren has an assigned return rate of 3.63%. To enter this trade, buy 100 shares of RL stock at 130.03 per share and selling one contract of the Polo Ralph Lauren Oct 2018 130 call for 4.59 for a net debit of $125.43 per share. This trade lasts 39 days, giving it an annualized return rate of 34.02%. 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
Fastenal Company (FAST), CarMax, Inc (KMX) and Weyerhaeuser Co (WY) are moving higher this morning, while H & R Block Inc (HRB), Hasbro, Inc. (HAS) and American International Group Inc (AIG) are headed lower. Akamai Technologies, Inc. (AKAM), Foot Locker, Inc. (FL) and American Electric Power Company Inc (AEP) were upgraded by analysts this morning, while Darden Restaurants, Inc. (DRI), Constellation Brands, Inc. Class A (STZ) and Anthem Inc (ANTM) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are down. The Hang Seng is down -1.33%, the Mumbai Sensex is down -1.22%, the Shanghai SE Composite Index is down -1.21% the Australia ASX All Ordinaries is down -0.04% and the Nikkei 225 is up 0.3%.In Europe stocks are up. The FTSE 100 is up 0.86%, the CAC 40 is up 0.68%, the DAX is up 0.54% and the Euro Stoxx 50 is up 0.27%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.27 at 68.02 per barrel. Brent crude is up 0.41 at 77.24 per barrel. Natural Gas is down -0.01 at 2.76. Precious metals are mixed this morning. Gold is down -3.58 at 1193.35 per ounce. Platinum is up 8.43 at 790.7 while silver is up 0.05 at 14.22. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound.
PUT/CALL RATIO
Yesterday, 1,000,715 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 686,393 put contracts. The single-session put/call was 0.69 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
Consumer Credit Jul 15:00
EARNINGS EXPECTED TODAY:
None
Today's optimal covered call on Integrated Device Technology has an assigned return rate of 4.06%. To enter this trade, buy 100 shares of IDTI stock at 42.65 per share and selling one contract of the Integrated Device Technology Oct 2018 42 call for 2.29 for a net debit of $40.35 per share. This trade lasts 39 days, giving it an annualized return rate of 38.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Kohls has an assigned return rate of 3.96%. To enter this trade, buy 100 shares of KSS stock at 80.25 per share and selling one contract of the Kohls Oct 2018 80 call for 3.29 for a net debit of $76.95 per share. This trade lasts 39 days, giving it an annualized return rate of 37.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Fortinet has an assigned return rate of 3.88%. To enter this trade, buy 100 shares of FTNT stock at 85.51 per share and selling one contract of the Fortinet Oct 2018 85 call for 3.70 for a net debit of $81.81 per share. This trade lasts 39 days, giving it an annualized return rate of 36.37%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on National Vision Holdings Inc has an assigned return rate of 3.87%. To enter this trade, buy 100 shares of EYE stock at 45.72 per share and selling one contract of the National Vision Holdings Inc Oct 2018 45 call for 2.39 for a net debit of $43.32 per share. This trade lasts 39 days, giving it an annualized return rate of 36.29%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Xpo Logistics Inc has an assigned return rate of 3.87%. To enter this trade, buy 100 shares of XPO stock at 106.18 per share and selling one contract of the Xpo Logistics Inc Oct 2018 105 call for 5.09 for a net debit of $101.08 per share. This trade lasts 39 days, giving it an annualized return rate of 36.29%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Amazon has an assigned return rate of 3.83%. To enter this trade, buy 100 shares of AMZN stock at 1952.06 per share and selling one contract of the Amazon Oct 2018 1950 call for 74.09 for a net debit of $1877.97 per share. This trade lasts 39 days, giving it an annualized return rate of 35.89%. 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 3.80%. To enter this trade, buy 100 shares of JWN stock at 65.72 per share and selling one contract of the Nordstrom Oct 2018 65 call for 3.10 for a net debit of $62.61 per share. This trade lasts 39 days, giving it an annualized return rate of 35.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Marathon Petroleum has an assigned return rate of 3.76%. To enter this trade, buy 100 shares of MPC stock at 82.51 per share and selling one contract of the Marathon Petroleum Oct 2018 82.5 call for 3.00 for a net debit of $79.51 per share. This trade lasts 39 days, giving it an annualized return rate of 35.19%. 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 3.70%. To enter this trade, buy 100 shares of LNG stock at 65.83 per share and selling one contract of the Cheniere Energy Oct 2018 65 call for 3.14 for a net debit of $62.67 per share. This trade lasts 39 days, giving it an annualized return rate of 34.64%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Polo Ralph Lauren has an assigned return rate of 3.63%. To enter this trade, buy 100 shares of RL stock at 130.03 per share and selling one contract of the Polo Ralph Lauren Oct 2018 130 call for 4.59 for a net debit of $125.43 per share. This trade lasts 39 days, giving it an annualized return rate of 34.02%. 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
Fastenal Company (FAST), CarMax, Inc (KMX) and Weyerhaeuser Co (WY) are moving higher this morning, while H & R Block Inc (HRB), Hasbro, Inc. (HAS) and American International Group Inc (AIG) are headed lower. Akamai Technologies, Inc. (AKAM), Foot Locker, Inc. (FL) and American Electric Power Company Inc (AEP) were upgraded by analysts this morning, while Darden Restaurants, Inc. (DRI), Constellation Brands, Inc. Class A (STZ) and Anthem Inc (ANTM) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are down. The Hang Seng is down -1.33%, the Mumbai Sensex is down -1.22%, the Shanghai SE Composite Index is down -1.21% the Australia ASX All Ordinaries is down -0.04% and the Nikkei 225 is up 0.3%.In Europe stocks are up. The FTSE 100 is up 0.86%, the CAC 40 is up 0.68%, the DAX is up 0.54% and the Euro Stoxx 50 is up 0.27%.
FUTURES & CURRENCIES
Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.27 at 68.02 per barrel. Brent crude is up 0.41 at 77.24 per barrel. Natural Gas is down -0.01 at 2.76. Precious metals are mixed this morning. Gold is down -3.58 at 1193.35 per ounce. Platinum is up 8.43 at 790.7 while silver is up 0.05 at 14.22. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound.
PUT/CALL RATIO
Yesterday, 1,000,715 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 686,393 put contracts. The single-session put/call was 0.69 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
Consumer Credit Jul 15:00
EARNINGS EXPECTED TODAY:
None
