MORNING UPDATE: PriceWatch Alerts for CTAS and More... for 2018-08-23 |
| PriceWatch Alerts for CTAS, GPN, LLY, MPLX, FTNT ,TRN, LPSN, HCA, BAH and QCOM. Today's optimal covered call on Cintas has an assigned return rate of 3.08%. To enter this trade, buy 100 shares of CTAS stock at 212.41 per share and selling one contract of the Cintas Oct 2018 210 call for 8.69 for a net debit of $203.71 per share. This trade lasts 57 days, giving it an annualized return rate of 19.73%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Global Payments has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of GPN stock at 120.33 per share and selling one contract of the Global Payments Oct 2018 120 call for 3.79 for a net debit of $116.54 per share. This trade lasts 57 days, giving it an annualized return rate of 19.01%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Eli Lilly has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of LLY stock at 105.02 per share and selling one contract of the Eli Lilly Oct 2018 105 call for 3.04 for a net debit of $101.98 per share. This trade lasts 57 days, giving it an annualized return rate of 18.96%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Mplx LP has an assigned return rate of 2.86%. To enter this trade, buy 100 shares of MPLX stock at 37.36 per share and selling one contract of the Mplx LP Oct 2018 37 call for 1.39 for a net debit of $35.96 per share. This trade lasts 57 days, giving it an annualized return rate of 18.33%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Fortinet has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of FTNT stock at 77.72 per share and selling one contract of the Fortinet Oct 2018 75 call for 4.79 for a net debit of $72.92 per share. This trade lasts 57 days, giving it an annualized return rate of 18.26%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Trinity Industries has an assigned return rate of 2.82%. To enter this trade, buy 100 shares of TRN stock at 36.65 per share and selling one contract of the Trinity Industries Oct 2018 36 call for 1.64 for a net debit of $35.00 per share. This trade lasts 57 days, giving it an annualized return rate of 18.10%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Liveperson Inc has an assigned return rate of 11.11%. To enter this trade, buy 100 shares of LPSN stock at 24.85 per share and selling one contract of the Liveperson Inc Apr 2019 22.5 call for 4.59 for a net debit of $20.25 per share. This trade lasts 238 days, giving it an annualized return rate of 17.04%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on HCA has an assigned return rate of 2.59%. To enter this trade, buy 100 shares of HCA stock at 131.11 per share and selling one contract of the HCA Oct 2018 130 call for 4.40 for a net debit of $126.71 per share. This trade lasts 57 days, giving it an annualized return rate of 16.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Booz Allen Hamilton has an assigned return rate of 2.58%. To enter this trade, buy 100 shares of BAH stock at 50.43 per share and selling one contract of the Booz Allen Hamilton Oct 2018 50 call for 1.70 for a net debit of $48.73 per share. This trade lasts 57 days, giving it an annualized return rate of 16.55%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Qualcomm has an assigned return rate of 3.85%. To enter this trade, buy 100 shares of QCOM stock at 66.83 per share and selling one contract of the Qualcomm Nov 2018 65 call for 4.25 for a net debit of $62.59 per share. This trade lasts 85 days, giving it an annualized return rate of 16.53%. 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 Synopsys, Inc. (SNPS), Hershey Co (HSY) and Honeywell International Inc. (HON) are moving higher this morning, while L Brands Inc (LB), Hormel Foods Corp (HRL) and Coty Inc (COTY) are headed lower. Acacia Communications, Inc. (ACIA), Tempur Sealy International Inc (TPX) and Deckers Outdoor Corp (DECK) were upgraded by analysts this morning, while La-Z-Boy Incorporated (LZB), and Banco Macro SA (ADR) ADR Class B (BMA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.37%, the Nikkei 225 is up 0.22%, the Mumbai Sensex is up 0.13% the Australia ASX All Ordinaries is down -0.21% and the Hang Seng is down -0.49%. In Europe stocks are up. The CAC 40 is up 0.16%, the Euro Stoxx 50 is up 0.12%, the FTSE 100 is up 0.06% and the DAX is up 0.03%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.02 at 67.84 per barrel. Brent crude is down -0.2 at 74.58 per barrel. Natural Gas is up 0.01 at 2.95. Precious metals are down this morning. Gold is down -3.64 at 1192.16 per ounce. Platinum is down -9.54 at 784.91 while silver is down -0.15 at 14.7. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 844,777 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 503,585 put contracts. The single-session put/call was 0.60 while the 20-day moving average is now at 0.64. TODAY'S ECONOMIC CALENDAR Initial Claims 08/18 08:30 Continuing Claims 08/11 08:30 FHFA Housing Price Index Jun 09:00 New Home Sales Jul 10:00 Natural Gas Inventories 08/18 10:30 EARNINGS EXPECTED TODAY: BABA BAYRY VMW INTU CM HPQ NSANY ROST ADSK HRL SPLK GPS VEEV TTC IMMU SAFM |
