MORNING UPDATE: PriceWatch Alerts for CLR and More... for 2018-08-29 |
| PriceWatch Alerts for CLR, VNOM, DK, XPO, PENN ,CMG, ZEN, LNG, ETSY and TTWO. Today's optimal covered call on Continental Resources has an assigned return rate of 4.52%. To enter this trade, buy 100 shares of CLR stock at 65.59 per share and selling one contract of the Continental Resources Oct 2018 65 call for 3.40 for a net debit of $62.19 per share. This trade lasts 51 days, giving it an annualized return rate of 32.34%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Viper Energy LP has an assigned return rate of 4.39%. To enter this trade, buy 100 shares of VNOM stock at 39.81 per share and selling one contract of the Viper Energy LP Oct 2018 39 call for 2.45 for a net debit of $37.36 per share. This trade lasts 51 days, giving it an annualized return rate of 31.42%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Delek has an assigned return rate of 4.33%. To enter this trade, buy 100 shares of DK stock at 54.112 per share and selling one contract of the Delek Oct 2018 52.5 call for 3.80 for a net debit of $50.32 per share. This trade lasts 51 days, giving it an annualized return rate of 31.01%. 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 4.31%. To enter this trade, buy 100 shares of XPO stock at 105.96 per share and selling one contract of the Xpo Logistics Inc Oct 2018 105 call for 5.30 for a net debit of $100.66 per share. This trade lasts 51 days, giving it an annualized return rate of 30.86%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Penn National Gaming has an assigned return rate of 4.26%. To enter this trade, buy 100 shares of PENN stock at 34.51 per share and selling one contract of the Penn National Gaming Oct 2018 34 call for 1.90 for a net debit of $32.61 per share. This trade lasts 51 days, giving it an annualized return rate of 30.51%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Chipotle Mexican Grill has an assigned return rate of 3.99%. To enter this trade, buy 100 shares of CMG stock at 494.09 per share and selling one contract of the Chipotle Mexican Grill Oct 2018 490 call for 22.90 for a net debit of $471.19 per share. This trade lasts 51 days, giving it an annualized return rate of 28.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Zendesk Inc has an assigned return rate of 3.98%. To enter this trade, buy 100 shares of ZEN stock at 67.31 per share and selling one contract of the Zendesk Inc Oct 2018 65 call for 4.80 for a net debit of $62.51 per share. This trade lasts 51 days, giving it an annualized return rate of 28.51%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Cheniere Energy has an assigned return rate of 3.98%. To enter this trade, buy 100 shares of LNG stock at 66.06 per share and selling one contract of the Cheniere Energy Oct 2018 65 call for 3.55 for a net debit of $62.51 per share. This trade lasts 51 days, giving it an annualized return rate of 28.51%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Etsy Inc. has an assigned return rate of 8.75%. To enter this trade, buy 100 shares of ETSY stock at 47.88 per share and selling one contract of the Etsy Inc. Dec 2018 45 call for 6.50 for a net debit of $41.38 per share. This trade lasts 114 days, giving it an annualized return rate of 28.01%. 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 5.98%. To enter this trade, buy 100 shares of TTWO stock at 133.66 per share and selling one contract of the TakeTwo Interactive Nov 2018 130 call for 11.00 for a net debit of $122.66 per share. This trade lasts 79 days, giving it an annualized return rate of 27.65%. 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'. 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STOCKS ON THE MOVE Hewlett Packard Enterprise Co (HPE), AES Corp (AES) and Royal Caribbean Cruises Ltd (RCL) are moving higher this morning, while Under Armour Inc Class C (UA), Advanced Micro Devices, Inc. (AMD) and Foot Locker, Inc. (FL) are headed lower. PG&E Corporation (PCG), Kansas City Southern (KSU) and Ferrari NV (RACE) were upgraded by analysts this morning, while HarborOne Bancorp Inc (HONe), Fang Holdings Ltd (SFUN) and Realty Income Corp (O) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.68%, the Hang Seng is up 0.23%, the Nikkei 225 is up 0.15% the Shanghai SE Composite Index is down -0.31% and the Mumbai Sensex is down -0.45%. In Europe stocks are mixed. The CAC 40 is up 0.21%, the DAX is up 0.13%, the Euro Stoxx 50 is up 0.07% and the FTSE 100 is down -0.32%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.52 at 69.05 per barrel. Brent crude is up 0.46 at 76.41 per barrel. Natural Gas is up 0.02 at 2.88. Precious metals are mixed this morning. Gold is up 2.46 at 1203.46 per ounce. Platinum is up 4.52 at 791.25 while silver is down -0.12 at 14.78. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 940,682 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 500,470 put contracts. The single-session put/call was 0.53 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 08/25 07:00 GDP - Second Estimate Q2 08:30 Pending Home Sales Jul 10:00 Crude Inventories 08/25 10:30 EARNINGS EXPECTED TODAY: CRM SCCO BF.B NTIOF PVH EV AEO DKS SMTC ASND GEF DY |
