MORNING UPDATE: PriceWatch Alerts for WBC and More...
PriceWatch Alerts for WBC, FRC, SCHW, KSU, EZA ,C, JBHT, SWFT, BAC and PCAR.
Today's optimal covered call on WABCO has an assigned return rate of 2.66%. To enter this trade, buy 100 shares of WBC stock at 136.78 per share and selling one contract of the WABCO Sep 2017 135 call for 5.29 for a net debit of $ 131.48 per share. This trade lasts 49 days, giving it an annualized return rate of 19.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on First Republic Bank has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of FRC stock at 100.19 per share and selling one contract of the First Republic Bank Sep 2017 100 call for 2.75 for a net debit of $ 97.43 per share. This trade lasts 49 days, giving it an annualized return rate of 19.57%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Schwab has an assigned return rate of 2.58%. To enter this trade, buy 100 shares of SCHW stock at 42.54 per share and selling one contract of the Schwab Sep 2017 42 call for 1.6 for a net debit of $ 40.93 per share. This trade lasts 49 days, giving it an annualized return rate of 19.28%. The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Kansas City Southern has an assigned return rate of 2.55%. To enter this trade, buy 100 shares of KSU stock at 101.51 per share and selling one contract of the Kansas City Southern Sep 2017 100 call for 4 for a net debit of $ 97.51 per share. This trade lasts 49 days, giving it an annualized return rate of 19.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on iShares MSCI South Africa Index has an assigned return rate of 2.52%. To enter this trade, buy 100 shares of EZA stock at 60.56 per share and selling one contract of the iShares MSCI South Africa Index Sep 2017 60 call for 2.04 for a net debit of $ 58.52 per share. This trade lasts 49 days, giving it an annualized return rate of 18.83%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Citigroup has an assigned return rate of 2.49%. To enter this trade, buy 100 shares of C stock at 67.59 per share and selling one contract of the Citigroup Sep 2017 67.5 call for 1.74 for a net debit of $ 65.85 per share. This trade lasts 49 days, giving it an annualized return rate of 18.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on J B Hunt has an assigned return rate of 2.44%. To enter this trade, buy 100 shares of JBHT stock at 90.84 per share and selling one contract of the J B Hunt Sep 2017 90 call for 3 for a net debit of $ 87.84 per share. This trade lasts 49 days, giving it an annualized return rate of 18.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Swift has an assigned return rate of 5.52%. To enter this trade, buy 100 shares of SWFT stock at 25.23 per share and selling one contract of the Swift Nov 2017 25 call for 1.55 for a net debit of $ 23.68 per share. This trade lasts 112 days, giving it an annualized return rate of 18.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Bank of America has an assigned return rate of 4.03%. To enter this trade, buy 100 shares of BAC stock at 24.11 per share and selling one contract of the Bank of America Oct 2017 24 call for 1.04 for a net debit of $ 23.07 per share. This trade lasts 84 days, giving it an annualized return rate of 17.51%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on PACCAR has an assigned return rate of 2.33%. To enter this trade, buy 100 shares of PCAR stock at 68.16 per share and selling one contract of the PACCAR Sep 2017 67.5 call for 2.2 for a net debit of $ 65.95 per share. This trade lasts 49 days, giving it an annualized return rate of 17.39%. 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
Expedia Inc (EXPE), Flowserve Corp (FLS) and ConocoPhillips (COP) are moving higher this morning, while Amazon.com, Inc. (AMZN), QUALCOMM, Inc. (QCOM) and CSX Corporation (CSX) are headed lower. Baidu Inc (ADR) (BIDU), and Hawaiian Holdings, Inc. (HA) were upgraded by analysts this morning, while Starbucks Corporation (SBUX), Spirit Airlines Incorporated (SAVE) and TTM Technologies, Inc. (TTMI) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.11%, the Mumbai Sensex is down -0.23%, the Hang Seng is down -0.56% the Nikkei 225 is down -0.6% and the Australia ASX All Ordinaries is down -1.32%.Stocks in Europe are down. The CAC 40 is down -1.38%, the Euronext 100 is down -1.29%, the FTSE 100 is down -0.73% and the DAX is down -0.44%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.02 at 49.06 per barrel. Brent crude is up 0.15 at 51.64 per barrel. Natural Gas is up 0.01 at 2.97. Precious metals are up this morning. Gold is up 0.8 at 1267.3 per ounce. Platinum is up 6.23 at 931.21 while silver is up 0.06 at 16.63. 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, 1,240,558 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 883,189 put contracts. The single-session put/call was 0.71 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
GDP-Adv. Q2 08:30
GDP Deflator Q2 08:30
Employment Cost Index Q2 08:30
Michigan Sentiment - Final Jul 10:00
EARNINGS EXPECTED TODAY:
XOM
CVX
MRK
ABBV
SAN
BBVA
E
BCS
TRP
BT
CS
LYB
HTHIY
HCN
BEN
WY
IMO
AAL
VTR
NMR
PEG
KYO
COL
BHGE
FTS
Today's optimal covered call on WABCO has an assigned return rate of 2.66%. To enter this trade, buy 100 shares of WBC stock at 136.78 per share and selling one contract of the WABCO Sep 2017 135 call for 5.29 for a net debit of $ 131.48 per share. This trade lasts 49 days, giving it an annualized return rate of 19.88%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on First Republic Bank has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of FRC stock at 100.19 per share and selling one contract of the First Republic Bank Sep 2017 100 call for 2.75 for a net debit of $ 97.43 per share. This trade lasts 49 days, giving it an annualized return rate of 19.57%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Schwab has an assigned return rate of 2.58%. To enter this trade, buy 100 shares of SCHW stock at 42.54 per share and selling one contract of the Schwab Sep 2017 42 call for 1.6 for a net debit of $ 40.93 per share. This trade lasts 49 days, giving it an annualized return rate of 19.28%. The risk assessment of this trade is 4 keys, (Low relative risk).
Today's optimal covered call on Kansas City Southern has an assigned return rate of 2.55%. To enter this trade, buy 100 shares of KSU stock at 101.51 per share and selling one contract of the Kansas City Southern Sep 2017 100 call for 4 for a net debit of $ 97.51 per share. This trade lasts 49 days, giving it an annualized return rate of 19.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on iShares MSCI South Africa Index has an assigned return rate of 2.52%. To enter this trade, buy 100 shares of EZA stock at 60.56 per share and selling one contract of the iShares MSCI South Africa Index Sep 2017 60 call for 2.04 for a net debit of $ 58.52 per share. This trade lasts 49 days, giving it an annualized return rate of 18.83%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Citigroup has an assigned return rate of 2.49%. To enter this trade, buy 100 shares of C stock at 67.59 per share and selling one contract of the Citigroup Sep 2017 67.5 call for 1.74 for a net debit of $ 65.85 per share. This trade lasts 49 days, giving it an annualized return rate of 18.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on J B Hunt has an assigned return rate of 2.44%. To enter this trade, buy 100 shares of JBHT stock at 90.84 per share and selling one contract of the J B Hunt Sep 2017 90 call for 3 for a net debit of $ 87.84 per share. This trade lasts 49 days, giving it an annualized return rate of 18.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Swift has an assigned return rate of 5.52%. To enter this trade, buy 100 shares of SWFT stock at 25.23 per share and selling one contract of the Swift Nov 2017 25 call for 1.55 for a net debit of $ 23.68 per share. This trade lasts 112 days, giving it an annualized return rate of 18.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Bank of America has an assigned return rate of 4.03%. To enter this trade, buy 100 shares of BAC stock at 24.11 per share and selling one contract of the Bank of America Oct 2017 24 call for 1.04 for a net debit of $ 23.07 per share. This trade lasts 84 days, giving it an annualized return rate of 17.51%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on PACCAR has an assigned return rate of 2.33%. To enter this trade, buy 100 shares of PCAR stock at 68.16 per share and selling one contract of the PACCAR Sep 2017 67.5 call for 2.2 for a net debit of $ 65.95 per share. This trade lasts 49 days, giving it an annualized return rate of 17.39%. 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
Expedia Inc (EXPE), Flowserve Corp (FLS) and ConocoPhillips (COP) are moving higher this morning, while Amazon.com, Inc. (AMZN), QUALCOMM, Inc. (QCOM) and CSX Corporation (CSX) are headed lower. Baidu Inc (ADR) (BIDU), and Hawaiian Holdings, Inc. (HA) were upgraded by analysts this morning, while Starbucks Corporation (SBUX), Spirit Airlines Incorporated (SAVE) and TTM Technologies, Inc. (TTMI) were downgraded.
INTERNATIONAL MARKETS
Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.11%, the Mumbai Sensex is down -0.23%, the Hang Seng is down -0.56% the Nikkei 225 is down -0.6% and the Australia ASX All Ordinaries is down -1.32%.Stocks in Europe are down. The CAC 40 is down -1.38%, the Euronext 100 is down -1.29%, the FTSE 100 is down -0.73% and the DAX is down -0.44%.
FUTURES & CURRENCIES
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.02 at 49.06 per barrel. Brent crude is up 0.15 at 51.64 per barrel. Natural Gas is up 0.01 at 2.97. Precious metals are up this morning. Gold is up 0.8 at 1267.3 per ounce. Platinum is up 6.23 at 931.21 while silver is up 0.06 at 16.63. 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, 1,240,558 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 883,189 put contracts. The single-session put/call was 0.71 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
GDP-Adv. Q2 08:30
GDP Deflator Q2 08:30
Employment Cost Index Q2 08:30
Michigan Sentiment - Final Jul 10:00
EARNINGS EXPECTED TODAY:
XOM
CVX
MRK
ABBV
SAN
BBVA
E
BCS
TRP
BT
CS
LYB
HTHIY
HCN
BEN
WY
IMO
AAL
VTR
NMR
PEG
KYO
COL
BHGE
FTS
