MORNING UPDATE: PriceWatch Alerts for BAC and More... for 2017-05-11 |
| PriceWatch Alerts for BAC, PENN, TRMB, CMA, CRUS ,LOGI, TTMI, PNR, ASML and STM. Today's optimal covered call on Bank of America has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of BAC stock at 24.14 per share and selling one contract of the Bank of America Jul 2017 24 call for 1.03 for a net debit of $ 23.11 per share. This trade lasts 71 days, giving it an annualized return rate of 19.56%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Penn National Gaming has an assigned return rate of 8.57%. To enter this trade, buy 100 shares of PENN stock at 19.25 per share and selling one contract of the Penn National Gaming Oct 2017 19 call for 1.75 for a net debit of $ 17.5 per share. This trade lasts 162 days, giving it an annualized return rate of 19.31%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Trimble Navigation has an assigned return rate of 4.85%. To enter this trade, buy 100 shares of TRMB stock at 35.83 per share and selling one contract of the Trimble Navigation Aug 2017 35 call for 2.45 for a net debit of $ 33.37 per share. This trade lasts 99 days, giving it an annualized return rate of 17.89%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Comerica has an assigned return rate of 3.42%. To enter this trade, buy 100 shares of CMA stock at 71.33 per share and selling one contract of the Comerica Jul 2017 70 call for 3.64 for a net debit of $ 67.67 per share. This trade lasts 71 days, giving it an annualized return rate of 17.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cirrus Logic has an assigned return rate of 6.06%. To enter this trade, buy 100 shares of CRUS stock at 64.16 per share and selling one contract of the Cirrus Logic Sep 2017 60 call for 7.59 for a net debit of $ 56.57 per share. This trade lasts 127 days, giving it an annualized return rate of 17.42%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Logitech International has an assigned return rate of 5.98%. To enter this trade, buy 100 shares of LOGI stock at 34.63 per share and selling one contract of the Logitech International Sep 2017 34 call for 2.54 for a net debit of $ 32.08 per share. This trade lasts 127 days, giving it an annualized return rate of 17.2%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on TTM Technologies has an assigned return rate of 9.17%. To enter this trade, buy 100 shares of TTMI stock at 16.44 per share and selling one contract of the TTM Technologies Dec 2017 15 call for 2.7 for a net debit of $ 13.74 per share. This trade lasts 218 days, giving it an annualized return rate of 15.35%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Pentair has an assigned return rate of 4.03%. To enter this trade, buy 100 shares of PNR stock at 65.98 per share and selling one contract of the Pentair Aug 2017 65 call for 3.5 for a net debit of $ 62.48 per share. This trade lasts 99 days, giving it an annualized return rate of 14.87%. 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 2.76%. To enter this trade, buy 100 shares of ASML stock at 133.8 per share and selling one contract of the ASML Jul 2017 130 call for 7.29 for a net debit of $ 126.5 per share. This trade lasts 71 days, giving it an annualized return rate of 14.22%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on STMicroelectronics has an assigned return rate of 6.3%. To enter this trade, buy 100 shares of STM stock at 16.86 per share and selling one contract of the STMicroelectronics Oct 2017 15 call for 2.75 for a net debit of $ 14.1 per share. This trade lasts 162 days, giving it an annualized return rate of 14.21%. The risk assessment of this trade is 4 keys, (Low 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'. 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STOCKS ON THE MOVE NRG Energy Inc (NRG), Metlife Inc (MET) and Mylan N.V. (MYL) are moving higher this morning, while T. Rowe Price Group Inc (TROW), Microsoft Corporation (MSFT) and IDEXX Laboratories, Inc. (IDXX) are headed lower. Noble Energy, Inc. (NBL), Exxon Mobil Corporation (XOM) and Twenty-First Century Fox Inc (FOXA) were upgraded by analysts this morning, while Terex Corporation (TEX), SM Energy Co (SM) and Oasis Petroleum Inc. (OAS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 0.44%, the Nikkei 225 is up 0.31%, the Shanghai SE Composite Index is up 0.29% the Australia ASX All Ordinaries is up 0.02% and the Mumbai Sensex is up 0.01%.In Europe stocks are mixed. The FTSE 100 is up 0.02%, the DAX is down -0.29%, the Euronext 100 is down -0.44% and the CAC 40 is down -0.45%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.7 at 48.03 per barrel. Brent crude is up 0.71 at 50.93 per barrel. Natural Gas is up 0.03 at 3.33. Precious metals are up this morning. Gold is up 3.63 at 1222.73 per ounce. Platinum is up 2.35 at 913.64 while silver is up 0.1 at 16.31. 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, 964,876 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 596,428 put contracts. The single-session put/call was 0.62 while the 20-day moving average is now at 0.67. TODAY'S ECONOMIC CALENDAR PPI Apr 08:30 Core PPI Apr 08:30 Initial Claims 05/06 08:30 Continuing Claims 04/30 08:30 Natural Gas Inventories 05/06 10:30 EARNINGS EXPECTED TODAY: DTEGY PBR NSANY BT ENB BAM DNZOY TEVA FUJHY PCRFY REPYY TU EC MGA GRFS MBLY CA GLPEY AEG BRFS M BAK SEKEY JWN VEON This Morning Update was prepared with data and information provided by: |
