MORNING UPDATE: PriceWatch Alerts for LM and More... for 2017-06-08 |
| PriceWatch Alerts for LM, MAR, COH, ON, RACE ,TX, SBAC, FTI, LRCX and SWKS. Today's optimal covered call on Legg Mason has an assigned return rate of 2.61%. To enter this trade, buy 100 shares of LM stock at 38.13 per share and selling one contract of the Legg Mason Jul 2017 38 call for 1.1 for a net debit of $ 37.03 per share. This trade lasts 43 days, giving it an annualized return rate of 22.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Marriott has an assigned return rate of 2.61%. To enter this trade, buy 100 shares of MAR stock at 105.12 per share and selling one contract of the Marriott Jul 2017 105 call for 2.79 for a net debit of $ 102.32 per share. This trade lasts 43 days, giving it an annualized return rate of 22.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Coach has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of COH stock at 46.34 per share and selling one contract of the Coach Aug 2017 46 call for 2.25 for a net debit of $ 44.1 per share. This trade lasts 71 days, giving it an annualized return rate of 22.14%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on On Semiconductor has an assigned return rate of 8.1%. To enter this trade, buy 100 shares of ON stock at 16.25 per share and selling one contract of the On Semiconductor Oct 2017 16 call for 1.44 for a net debit of $ 14.8 per share. This trade lasts 134 days, giving it an annualized return rate of 22.08%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ferrari has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of RACE stock at 90.56 per share and selling one contract of the Ferrari Jul 2017 90 call for 2.79 for a net debit of $ 87.76 per share. This trade lasts 43 days, giving it an annualized return rate of 21.56%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Ternium has an assigned return rate of 9.45%. To enter this trade, buy 100 shares of TX stock at 25.63 per share and selling one contract of the Ternium Nov 2017 25 call for 2.79 for a net debit of $ 22.83 per share. This trade lasts 162 days, giving it an annualized return rate of 21.3%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on SBA Communications has an assigned return rate of 2.42%. To enter this trade, buy 100 shares of SBAC stock at 135.89 per share and selling one contract of the SBA Communications Jul 2017 135 call for 4.09 for a net debit of $ 131.8 per share. This trade lasts 43 days, giving it an annualized return rate of 20.6%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on FMC Technologies has an assigned return rate of 7.4%. To enter this trade, buy 100 shares of FTI stock at 28.21 per share and selling one contract of the FMC Technologies Oct 2017 28 call for 2.14 for a net debit of $ 26.07 per share. This trade lasts 134 days, giving it an annualized return rate of 20.16%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Lam Research has an assigned return rate of 2.36%. To enter this trade, buy 100 shares of LRCX stock at 162.3 per share and selling one contract of the Lam Research Jul 2017 160 call for 6 for a net debit of $ 156.3 per share. This trade lasts 43 days, giving it an annualized return rate of 20.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Skyworks Solutions has an assigned return rate of 2.35%. To enter this trade, buy 100 shares of SWKS stock at 109.48 per share and selling one contract of the Skyworks Solutions Jul 2017 105 call for 6.9 for a net debit of $ 102.57 per share. This trade lasts 43 days, giving it an annualized return rate of 20.02%. 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 NVIDIA Corporation (NVDA), Advanced Micro Devices, Inc. (AMD) and Harris Corporation (HRS) are moving higher this morning, while Devon Energy Corp (DVN), TechnipFMC plc Ordinary Share (FTI) and U.S. Bancorp (USB) are headed lower. AutoNation, Inc. (AN), Enduro Royalty Trust (NDRO) and The Carlyle Group LP (CG) were upgraded by analysts this morning, while Legacy Reserves LP (LGCY), EV Energy Partners, L.P. (EVEP) and BHP Billiton Limited (ADR) (BHP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.34%, the Shanghai SE Composite Index is up 0.32%, the Australia ASX All Ordinaries is up 0.12% the Mumbai Sensex is down -0.19% and the Nikkei 225 is down -0.38%.In Europe stocks are mixed. The DAX is up 0.38%, the CAC 40 is up 0.13%, the Euronext 100 is up 0.01% and the FTSE 100 is down -0.18%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.27 at 45.45 per barrel. Brent crude is down -0.25 at 47.81 per barrel. Natural Gas is down -0.01 at 3.01. Precious metals are mixed this morning. Gold is down -4.53 at 1282.62 per ounce. Platinum is up 0.13 at 945.13 while silver is down -0.04 at 17.58. 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, 832,055 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 482,770 put contracts. The single-session put/call was 0.58 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR Initial Claims 06/03 08:30 Continuing Claims 05/27 08:30 Natural Gas Inventories 06/03 10:30 EARNINGS EXPECTED TODAY: DNZOY REPYY SJM DVMT GLPEY SEKEY MTN BAK KNCAY CMD CLDR PLWTY PAY |
