MORNING UPDATE: PriceWatch Alerts for TCBI and More... for 2017-08-01 |
| PriceWatch Alerts for TCBI, GDX, WBC, XRT, JBHT ,SNV, IBKR, IGV, CUDA and KRE. Today's optimal covered call on Texas Capital Bncsh has an assigned return rate of 2.38%. To enter this trade, buy 100 shares of TCBI stock at 78.34 per share and selling one contract of the Texas Capital Bncsh Sep 2017 75 call for 5.09 for a net debit of $ 73.25 per share. This trade lasts 45 days, giving it an annualized return rate of 19.37%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Market Vectors Gold Miners has an assigned return rate of 7.19%. To enter this trade, buy 100 shares of GDX stock at 22.86 per share and selling one contract of the Market Vectors Gold Miners Dec 2017 22.5 call for 1.87 for a net debit of $ 20.98 per share. This trade lasts 136 days, giving it an annualized return rate of 19.3%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on WABCO has an assigned return rate of 2.37%. To enter this trade, buy 100 shares of WBC stock at 137.57 per share and selling one contract of the WABCO Sep 2017 135 call for 5.7 for a net debit of $ 131.87 per share. This trade lasts 45 days, giving it an annualized return rate of 19.25%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on S&P Retail SPDR has an assigned return rate of 2.37%. To enter this trade, buy 100 shares of XRT stock at 41.15 per share and selling one contract of the S&P Retail SPDR Sep 2017 41 call for 1.11 for a net debit of $ 40.04 per share. This trade lasts 45 days, giving it an annualized return rate of 19.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on J B Hunt has an assigned return rate of 2.31%. To enter this trade, buy 100 shares of JBHT stock at 90.7 per share and selling one contract of the J B Hunt Sep 2017 90 call for 2.75 for a net debit of $ 87.95 per share. This trade lasts 45 days, giving it an annualized return rate of 18.81%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Synovus Financial Corp has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of SNV stock at 43.47 per share and selling one contract of the Synovus Financial Corp Sep 2017 43 call for 1.44 for a net debit of $ 42.02 per share. This trade lasts 45 days, giving it an annualized return rate of 18.71%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Interactive Brokers has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of IBKR stock at 40.04 per share and selling one contract of the Interactive Brokers Sep 2017 40 call for 0.95 for a net debit of $ 39.09 per share. This trade lasts 45 days, giving it an annualized return rate of 18.67%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares S&P North American Tech-Software ETF has an assigned return rate of 2.19%. To enter this trade, buy 100 shares of IGV stock at 142.14 per share and selling one contract of the iShares S&P North American Tech-Software ETF Sep 2017 142 call for 3.2 for a net debit of $ 138.95 per share. This trade lasts 45 days, giving it an annualized return rate of 17.8%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Barracuda Networks Inc has an assigned return rate of 8.28%. To enter this trade, buy 100 shares of CUDA stock at 22.46 per share and selling one contract of the Barracuda Networks Inc Jan 2018 20 call for 4 for a net debit of $ 18.46 per share. This trade lasts 171 days, giving it an annualized return rate of 17.68%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P Regional Banking ETF SPDR has an assigned return rate of 2.17%. To enter this trade, buy 100 shares of KRE stock at 54.47 per share and selling one contract of the S&P Regional Banking ETF SPDR Sep 2017 54 call for 1.62 for a net debit of $ 52.84 per share. This trade lasts 45 days, giving it an annualized return rate of 17.64%. 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Lam Research Corporation (LRCX), Carnival Corp (CCL) and American Airlines Group Inc (AAL) are moving higher this morning, while Deere & Company (DE), Altria Group Inc (MO) and Archer Daniels Midland Company (ADM) are headed lower. Cousins Properties Inc (CUZ) was upgraded by analysts this morning, while Scripps Networks Interactive, Inc. (SNI), and Facebook Inc (FB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Australia ASX All Ordinaries is up 0.81%, the Hang Seng is up 0.79%, the Shanghai SE Composite Index is up 0.6% the Nikkei 225 is up 0.3% and the Mumbai Sensex is up 0.19%.In Europe stocks are up. The FTSE 100 is up 0.7%, the DAX is up 0.69%, the CAC 40 is up 0.51% and the Euronext 100 is up 0.4%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.33 at 49.84 per barrel. Brent crude is down -0.42 at 52.3 per barrel. Natural Gas is flat 0 at 2.8. Precious metals are mixed this morning. Gold is down -1 at 1272.4 per ounce. Platinum is up 1.01 at 941.61 while silver is down -0.13 at 16.66. 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, 802,355 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 497,551 put contracts. The single-session put/call was 0.62 while the 20-day moving average is now at 0.62. TODAY'S ECONOMIC CALENDAR Personal Income Jun 08:30 Personal Spending Jun 08:30 PCE Prices Jun 08:30 PCE Prices - Core Jun 08:30 Construction Spending Jun 10:00 ISM Index Jul 10:00 Auto Sales Jul 14:00 Truck Sales Jul 14:00 EARNINGS EXPECTED TODAY: AAPL PFE BP EOG SNE SPG HMC PSX CME EMR ECL ETN TRI ALL S APD FMS CMI INCY PXD FISV ILMN IFNNY PCL ADM |
