MORNING UPDATE: PriceWatch Alerts for STX and More... for 2018-08-31 |
| PriceWatch Alerts for STX, CLR, MTDR, TTWO, WSM ,VRTX, GDDY, AMZN, SEAS and ETSY. Today's optimal covered call on Seagate Technology has an assigned return rate of 6.08%. To enter this trade, buy 100 shares of STX stock at 53.13 per share and selling one contract of the Seagate Technology Nov 2018 52.5 call for 3.64 for a net debit of $49.49 per share. This trade lasts 77 days, giving it an annualized return rate of 28.83%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Continental Resources has an assigned return rate of 3.78%. To enter this trade, buy 100 shares of CLR stock at 66.43 per share and selling one contract of the Continental Resources Oct 2018 65 call for 3.79 for a net debit of $62.63 per share. This trade lasts 49 days, giving it an annualized return rate of 28.18%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Matador Resources Company has an assigned return rate of 3.76%. To enter this trade, buy 100 shares of MTDR stock at 33.52 per share and selling one contract of the Matador Resources Company Oct 2018 32.5 call for 2.20 for a net debit of $31.32 per share. This trade lasts 49 days, giving it an annualized return rate of 28.06%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on TakeTwo Interactive has an assigned return rate of 5.82%. To enter this trade, buy 100 shares of TTWO stock at 134.63 per share and selling one contract of the TakeTwo Interactive Nov 2018 130 call for 11.80 for a net debit of $122.83 per share. This trade lasts 77 days, giving it an annualized return rate of 27.62%. 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 3.70%. To enter this trade, buy 100 shares of WSM stock at 68.29 per share and selling one contract of the Williams Sonoma Oct 2018 67.5 call for 3.20 for a net debit of $65.09 per share. This trade lasts 49 days, giving it an annualized return rate of 27.58%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Vertex Pharmaceuticals has an assigned return rate of 3.68%. To enter this trade, buy 100 shares of VRTX stock at 186.02 per share and selling one contract of the Vertex Pharmaceuticals Oct 2018 185 call for 7.59 for a net debit of $178.43 per share. This trade lasts 49 days, giving it an annualized return rate of 27.42%. 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 3.66%. To enter this trade, buy 100 shares of GDDY stock at 80.26 per share and selling one contract of the GoDaddy Oct 2018 80 call for 3.10 for a net debit of $77.17 per share. This trade lasts 49 days, giving it an annualized return rate of 27.31%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Amazon has an assigned return rate of 3.64%. To enter this trade, buy 100 shares of AMZN stock at 2002.38 per share and selling one contract of the Amazon Oct 2018 2000 call for 72.75 for a net debit of $1929.63 per share. This trade lasts 49 days, giving it an annualized return rate of 27.16%. 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 8.23%. To enter this trade, buy 100 shares of SEAS stock at 28.71 per share and selling one contract of the Seaworld Entertainment Dec 2018 28 call for 2.85 for a net debit of $25.86 per share. This trade lasts 112 days, giving it an annualized return rate of 26.83%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Etsy Inc. has an assigned return rate of 8.14%. To enter this trade, buy 100 shares of ETSY stock at 48.31 per share and selling one contract of the Etsy Inc. Dec 2018 45 call for 6.70 for a net debit of $41.60 per share. This trade lasts 112 days, giving it an annualized return rate of 26.55%. 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 Nucor Corporation (NUE), PVH Corp (PVH) and Davita Inc (DVA) are moving higher this morning, while Ulta Beauty Inc (ULTA), Activision Blizzard, Inc. (ATVI) and AES Corp (AES) are headed lower. while Goodyear Tire & Rubber Co (GT), Electronic Arts Inc. (EA) and Dollar Tree, Inc. (DLTR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down -0.98%, the Australia ASX All Ordinaries is down -0.51%, the Shanghai SE Composite Index is down -0.46% the Mumbai Sensex is down -0.12% and the Nikkei 225 is down -0.02%.Stocks in Europe are down. The CAC 40 is down -1.05%, the Euro Stoxx 50 is down -0.84%, the DAX is down -0.76% and the FTSE 100 is down -0.43%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.18 at 70.07 per barrel. Brent crude is down -0.24 at 77.53 per barrel. Natural Gas is up 0.04 at 2.91. Precious metals are up this morning. Gold is up 4.33 at 1204.31 per ounce. Platinum is up 7.11 at 797.08 while silver is up 0.05 at 14.64. 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, 1,107,857 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 645,867 put contracts. The single-session put/call was 0.58 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR Chicago PMI Aug 09:45 Univ. of Michigan Consumer Sentiment Aug 10:00 EARNINGS EXPECTED TODAY: BIG |
