MORNING UPDATE: PriceWatch Alerts for CLR and More...
PriceWatch Alerts for CLR, KSS, DK, MYGN, HFC ,CMG, TTWO, LNG, LITE and EXAS.
Today's optimal covered call on Continental Resources has an assigned return rate of 3.29%. To enter this trade, buy 100 shares of CLR stock at 64.83 per share and selling one contract of the Continental Resources Sep 2018 64.5 call for 2.39 for a net debit of $62.44 per share. This trade lasts 28 days, giving it an annualized return rate of 43.00%. 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 3.20%. To enter this trade, buy 100 shares of KSS stock at 80.69 per share and selling one contract of the Kohls Sep 2018 80.5 call for 2.70 for a net debit of $78.00 per share. This trade lasts 28 days, giving it an annualized return rate of 41.78%. 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 3.14%. To enter this trade, buy 100 shares of DK stock at 53.5 per share and selling one contract of the Delek Sep 2018 52.5 call for 2.60 for a net debit of $50.89 per share. This trade lasts 28 days, giving it an annualized return rate of 40.97%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Myriad Genetics has an assigned return rate of 3.13%. To enter this trade, buy 100 shares of MYGN stock at 49.31 per share and selling one contract of the Myriad Genetics Sep 2018 49 call for 1.80 for a net debit of $47.51 per share. This trade lasts 28 days, giving it an annualized return rate of 40.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Hollyfrontier has an assigned return rate of 3.10%. To enter this trade, buy 100 shares of HFC stock at 72.87 per share and selling one contract of the Hollyfrontier Sep 2018 72.5 call for 2.54 for a net debit of $70.32 per share. This trade lasts 28 days, giving it an annualized return rate of 40.41%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Chipotle Mexican Grill has an assigned return rate of 3.03%. To enter this trade, buy 100 shares of CMG stock at 518.03 per share and selling one contract of the Chipotle Mexican Grill Sep 2018 517.5 call for 15.80 for a net debit of $502.23 per share. This trade lasts 28 days, giving it an annualized return rate of 39.60%. 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 3.02%. To enter this trade, buy 100 shares of TTWO stock at 130.67 per share and selling one contract of the TakeTwo Interactive Sep 2018 130 call for 4.50 for a net debit of $126.18 per share. This trade lasts 28 days, giving it an annualized return rate of 39.46%. 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 3.01%. To enter this trade, buy 100 shares of LNG stock at 62.75 per share and selling one contract of the Cheniere Energy Sep 2018 62.5 call for 2.08 for a net debit of $60.67 per share. This trade lasts 28 days, giving it an annualized return rate of 39.31%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Lumentum Hld has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of LITE stock at 64.59 per share and selling one contract of the Lumentum Hld Sep 2018 62.5 call for 3.89 for a net debit of $60.69 per share. This trade lasts 28 days, giving it an annualized return rate of 38.65%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Exact Sciences has an assigned return rate of 2.88%. To enter this trade, buy 100 shares of EXAS stock at 67.98 per share and selling one contract of the Exact Sciences Sep 2018 65 call for 4.79 for a net debit of $63.18 per share. This trade lasts 28 days, giving it an annualized return rate of 37.55%. The risk assessment of this trade is 2 keys, (Considerable 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
Autodesk, Inc. (ADSK), Mylan NV (MYL) and Advanced Micro Devices, Inc. (AMD) are moving higher this morning, while Gap Inc (GPS), Ross Stores, Inc. (ROST) and HP Inc (HPQ) are headed lower. Childrens Place Inc (PLCE), Tandem Diabetes Care Inc (TNDM) and Sanderson Farms, Inc. (SAFM) were upgraded by analysts this morning, while JetBlue Airways Corporation (JBLU), Clearwater Paper Corp (CLW) and L Brands Inc (LB) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Nikkei 225 is up 0.85%, the Shanghai SE Composite Index is up 0.18%, the Australia ASX All Ordinaries is down -0.04% the Mumbai Sensex is down -0.22% and the Hang Seng is down -0.43%. In Europe stocks are up. The CAC 40 is up 0.38%, the Euro Stoxx 50 is up 0.31%, the DAX is up 0.18% and the FTSE 100 is up 0.17%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.81 at 68.64 per barrel. Brent crude is up 0.87 at 75.6 per barrel. Natural Gas is up 0.01 at 2.97. Precious metals are up this morning. Gold is up 7.8 at 1193.36 per ounce. Platinum is up 10.81 at 788.26 while silver is up 0.09 at 14.73. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound.
PUT/CALL RATIO
Yesterday, 989,520 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 606,644 put contracts. The single-session put/call was 0.61 while the 20-day moving average is now at 0.63.
TODAY'S ECONOMIC CALENDAR
Durable Orders Jul 08:30
Durable Goods Jul 08:30
EARNINGS EXPECTED TODAY:
UBNT
FL
KNCAY
QD
Today's optimal covered call on Continental Resources has an assigned return rate of 3.29%. To enter this trade, buy 100 shares of CLR stock at 64.83 per share and selling one contract of the Continental Resources Sep 2018 64.5 call for 2.39 for a net debit of $62.44 per share. This trade lasts 28 days, giving it an annualized return rate of 43.00%. 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 3.20%. To enter this trade, buy 100 shares of KSS stock at 80.69 per share and selling one contract of the Kohls Sep 2018 80.5 call for 2.70 for a net debit of $78.00 per share. This trade lasts 28 days, giving it an annualized return rate of 41.78%. 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 3.14%. To enter this trade, buy 100 shares of DK stock at 53.5 per share and selling one contract of the Delek Sep 2018 52.5 call for 2.60 for a net debit of $50.89 per share. This trade lasts 28 days, giving it an annualized return rate of 40.97%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Myriad Genetics has an assigned return rate of 3.13%. To enter this trade, buy 100 shares of MYGN stock at 49.31 per share and selling one contract of the Myriad Genetics Sep 2018 49 call for 1.80 for a net debit of $47.51 per share. This trade lasts 28 days, giving it an annualized return rate of 40.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Hollyfrontier has an assigned return rate of 3.10%. To enter this trade, buy 100 shares of HFC stock at 72.87 per share and selling one contract of the Hollyfrontier Sep 2018 72.5 call for 2.54 for a net debit of $70.32 per share. This trade lasts 28 days, giving it an annualized return rate of 40.41%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Chipotle Mexican Grill has an assigned return rate of 3.03%. To enter this trade, buy 100 shares of CMG stock at 518.03 per share and selling one contract of the Chipotle Mexican Grill Sep 2018 517.5 call for 15.80 for a net debit of $502.23 per share. This trade lasts 28 days, giving it an annualized return rate of 39.60%. 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 3.02%. To enter this trade, buy 100 shares of TTWO stock at 130.67 per share and selling one contract of the TakeTwo Interactive Sep 2018 130 call for 4.50 for a net debit of $126.18 per share. This trade lasts 28 days, giving it an annualized return rate of 39.46%. 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 3.01%. To enter this trade, buy 100 shares of LNG stock at 62.75 per share and selling one contract of the Cheniere Energy Sep 2018 62.5 call for 2.08 for a net debit of $60.67 per share. This trade lasts 28 days, giving it an annualized return rate of 39.31%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Lumentum Hld has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of LITE stock at 64.59 per share and selling one contract of the Lumentum Hld Sep 2018 62.5 call for 3.89 for a net debit of $60.69 per share. This trade lasts 28 days, giving it an annualized return rate of 38.65%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Exact Sciences has an assigned return rate of 2.88%. To enter this trade, buy 100 shares of EXAS stock at 67.98 per share and selling one contract of the Exact Sciences Sep 2018 65 call for 4.79 for a net debit of $63.18 per share. This trade lasts 28 days, giving it an annualized return rate of 37.55%. The risk assessment of this trade is 2 keys, (Considerable 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
Autodesk, Inc. (ADSK), Mylan NV (MYL) and Advanced Micro Devices, Inc. (AMD) are moving higher this morning, while Gap Inc (GPS), Ross Stores, Inc. (ROST) and HP Inc (HPQ) are headed lower. Childrens Place Inc (PLCE), Tandem Diabetes Care Inc (TNDM) and Sanderson Farms, Inc. (SAFM) were upgraded by analysts this morning, while JetBlue Airways Corporation (JBLU), Clearwater Paper Corp (CLW) and L Brands Inc (LB) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Nikkei 225 is up 0.85%, the Shanghai SE Composite Index is up 0.18%, the Australia ASX All Ordinaries is down -0.04% the Mumbai Sensex is down -0.22% and the Hang Seng is down -0.43%. In Europe stocks are up. The CAC 40 is up 0.38%, the Euro Stoxx 50 is up 0.31%, the DAX is up 0.18% and the FTSE 100 is up 0.17%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.81 at 68.64 per barrel. Brent crude is up 0.87 at 75.6 per barrel. Natural Gas is up 0.01 at 2.97. Precious metals are up this morning. Gold is up 7.8 at 1193.36 per ounce. Platinum is up 10.81 at 788.26 while silver is up 0.09 at 14.73. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound.
PUT/CALL RATIO
Yesterday, 989,520 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 606,644 put contracts. The single-session put/call was 0.61 while the 20-day moving average is now at 0.63.
TODAY'S ECONOMIC CALENDAR
Durable Orders Jul 08:30
Durable Goods Jul 08:30
EARNINGS EXPECTED TODAY:
UBNT
FL
KNCAY
QD
