MORNING UPDATE: PriceWatch Alerts for CNC and More... for 2017-05-08 |
PriceWatch Alerts for CNC, CTXS, VIAV, ETFC, TXRH ,PYPL, RJF, AOS, ANTM and CMA. Today's optimal covered call on Centene has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CNC stock at 76.87 per share and selling one contract of the Centene Jun 2017 75 call for 3.5 for a net debit of $ 73.37 per share. This trade lasts 39 days, giving it an annualized return rate of 20.66%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Citrix Systems has an assigned return rate of 2.18%. To enter this trade, buy 100 shares of CTXS stock at 87.48 per share and selling one contract of the Citrix Systems Jun 2017 85 call for 4.29 for a net debit of $ 83.18 per share. This trade lasts 39 days, giving it an annualized return rate of 20.46%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Viavi Solutions Cmn has an assigned return rate of 12.24%. To enter this trade, buy 100 shares of VIAV stock at 11.32 per share and selling one contract of the Viavi Solutions Cmn Dec 2017 11 call for 1.53 for a net debit of $ 9.8 per share. This trade lasts 221 days, giving it an annualized return rate of 20.21%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on E*Trade Financial has an assigned return rate of 4.07%. To enter this trade, buy 100 shares of ETFC stock at 35.78 per share and selling one contract of the E*Trade Financial Jul 2017 35 call for 2.16 for a net debit of $ 33.6 per share. This trade lasts 74 days, giving it an annualized return rate of 20.07%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Texas Roadhouse has an assigned return rate of 2.14%. To enter this trade, buy 100 shares of TXRH stock at 50.39 per share and selling one contract of the Texas Roadhouse Jun 2017 50 call for 1.42 for a net debit of $ 48.92 per share. This trade lasts 39 days, giving it an annualized return rate of 20.07%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Paypal Holdings has an assigned return rate of 2.14%. To enter this trade, buy 100 shares of PYPL stock at 49.28 per share and selling one contract of the Paypal Holdings Jun 2017 49 call for 1.33 for a net debit of $ 47.96 per share. This trade lasts 39 days, giving it an annualized return rate of 20.07%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Raymond James Financial has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of RJF stock at 76 per share and selling one contract of the Raymond James Financial Jun 2017 75 call for 2.54 for a net debit of $ 73.45 per share. This trade lasts 39 days, giving it an annualized return rate of 19.75%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on AO Smith has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of AOS stock at 55.32 per share and selling one contract of the AO Smith Jun 2017 55 call for 1.42 for a net debit of $ 53.85 per share. This trade lasts 39 days, giving it an annualized return rate of 19.44%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Anthem Inc has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of ANTM stock at 180.3 per share and selling one contract of the Anthem Inc Jun 2017 180 call for 3.95 for a net debit of $ 176.34 per share. This trade lasts 39 days, giving it an annualized return rate of 19.37%. 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 2.04%. To enter this trade, buy 100 shares of CMA stock at 71.59 per share and selling one contract of the Comerica Jun 2017 70 call for 3 for a net debit of $ 68.59 per share. This trade lasts 39 days, giving it an annualized return rate of 19.07%. 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. 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(HES) and Kohl's Corporation (KSS) are moving higher this morning, while Freeport-McMoRan Inc (FCX), Chesapeake Energy Corporation (CHK) and Marathon Oil Corporation (MRO) are headed lower. RH (RH), Newfield Exploration Co. (NFX) and CF Industries Holdings, Inc. (CF) were upgraded by analysts this morning, while LyondellBasell Industries NV (LYB), NXP Semiconductors NV (NXPI) and Micron Technology, Inc. (MU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 2.31%, the Australia ASX All Ordinaries is up 0.59%, the Hang Seng is up 0.42% the Mumbai Sensex is up 0.23% and the Shanghai SE Composite Index is down -0.79%.Stocks in Europe are down. The CAC 40 is down -0.97%, the Euronext 100 is down -0.61%, the DAX is down -0.25% and the FTSE 100 is down -0.17%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.1 at 46.12 per barrel. Brent crude is down -0.13 at 48.97 per barrel. Natural Gas is down -0.07 at 3.2. Precious metals are up this morning. Gold is up 4.23 at 1232.24 per ounce. Platinum is up 0.38 at 913.79 while silver is up 0.05 at 16.33. 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, 862,095 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 550,581 put contracts. The single-session put/call was 0.64 while the 20-day moving average is now at 0.68. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: HDB EOG JD MAR SYY SCCO TSN NWL PAA HOCPY FDC BCH XEC IFF TSO BNTGY OTEX AES AR AM TLLP ON POST VVC MNK This Morning Update was prepared with data and information provided by: |