MORNING UPDATE: PriceWatch Alerts for ATI and More... for 2017-07-31 |
| PriceWatch Alerts for ATI, KRE, SNV, ASML, WBC ,MS, GDX, SCHW, NUE and SWFT. Today's optimal covered call on Allegheny Technologies has an assigned return rate of 9.83%. To enter this trade, buy 100 shares of ATI stock at 18.92 per share and selling one contract of the Allegheny Technologies Jan 2018 17.5 call for 3 for a net debit of $ 15.92 per share. This trade lasts 172 days, giving it an annualized return rate of 20.91%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on S&P Regional Banking ETF SPDR has an assigned return rate of 2.58%. To enter this trade, buy 100 shares of KRE stock at 54.1 per share and selling one contract of the S&P Regional Banking ETF SPDR Sep 2017 54 call for 1.47 for a net debit of $ 52.64 per share. This trade lasts 46 days, giving it an annualized return rate of 20.5%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Synovus Financial Corp has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of SNV stock at 43.07 per share and selling one contract of the Synovus Financial Corp Sep 2017 43 call for 1.14 for a net debit of $ 41.92 per share. This trade lasts 46 days, giving it an annualized return rate of 20.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on ASML has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ASML stock at 152.52 per share and selling one contract of the ASML Sep 2017 150 call for 6.2 for a net debit of $ 146.33 per share. This trade lasts 46 days, giving it an annualized return rate of 19.89%. 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 2.49%. To enter this trade, buy 100 shares of WBC stock at 137.61 per share and selling one contract of the WABCO Sep 2017 135 call for 5.9 for a net debit of $ 131.71 per share. This trade lasts 46 days, giving it an annualized return rate of 19.82%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Morgan Stanley has an assigned return rate of 2.46%. To enter this trade, buy 100 shares of MS stock at 46.64 per share and selling one contract of the Morgan Stanley Sep 2017 46 call for 1.77 for a net debit of $ 44.88 per share. This trade lasts 46 days, giving it an annualized return rate of 19.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Market Vectors Gold Miners has an assigned return rate of 7.29%. To enter this trade, buy 100 shares of GDX stock at 22.89 per share and selling one contract of the Market Vectors Gold Miners Dec 2017 22.5 call for 1.94 for a net debit of $ 20.96 per share. This trade lasts 137 days, giving it an annualized return rate of 19.42%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Schwab has an assigned return rate of 2.43%. To enter this trade, buy 100 shares of SCHW stock at 42.53 per share and selling one contract of the Schwab Sep 2017 42 call for 1.55 for a net debit of $ 41 per share. This trade lasts 46 days, giving it an annualized return rate of 19.35%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Nucor has an assigned return rate of 2.39%. To enter this trade, buy 100 shares of NUE stock at 57.45 per share and selling one contract of the Nucor Sep 2017 55 call for 3.75 for a net debit of $ 53.71 per share. This trade lasts 46 days, giving it an annualized return rate of 19.05%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Swift has an assigned return rate of 5.61%. To enter this trade, buy 100 shares of SWFT stock at 25.3 per share and selling one contract of the Swift Nov 2017 25 call for 1.64 for a net debit of $ 23.67 per share. This trade lasts 109 days, giving it an annualized return rate of 18.8%. 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 Freeport-McMoRan Inc (FCX), State Street Corp (STT) and Hormel Foods Corp (HRL) are moving higher this morning, while FLIR Systems, Inc. (FLIR), Altria Group Inc (MO) and Ulta Beauty Inc (ULTA) are headed lower. Eagle Materials, Inc. (EXP), Valley National Bancorp (VLY) and Universal Logistics Holdings Inc (ULH) were upgraded by analysts this morning, while NorthWestern Corp (NWE), and Facebook Inc (FB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.28%, the Mumbai Sensex is up 0.63%, the Shanghai SE Composite Index is up 0.61% the Australia ASX All Ordinaries is up 0.32% and the Nikkei 225 is down -0.17%.In Europe stocks are mixed. The FTSE 100 is up 0.39%, the DAX is up 0.22%, the CAC 40 is up 0.09% and the Euronext 100 is down -0.03%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.15 at 49.56 per barrel. Brent crude is down -0.1 at 52.42 per barrel. Natural Gas is down -0.08 at 2.86. Precious metals are mixed this morning. Gold is down -0.6 at 1274.7 per ounce. Platinum is up 8.22 at 943.55 while silver is up 0.15 at 16.84. 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, 1,003,684 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 630,933 put contracts. The single-session put/call was 0.63 while the 20-day moving average is now at 0.62. TODAY'S ECONOMIC CALENDAR Chicago PMI Jul 09:45 Pending Home Sales Jun 10:00 EARNINGS EXPECTED TODAY: HSBC SNY ITUB HEINY PCRFY SCCO ROP KHNGY SBAC L VNO CNA ARE MKTAY AMG CGNX TRQ BRX FBR ASLN SERV OLN NRX CACC FICO This Morning Update was prepared with data and information provided by: |
