MORNING UPDATE: PriceWatch Alerts for BXS and More... for 2017-05-03 |
| PriceWatch Alerts for BXS, MTG, STZ, OLLI, KEY, ASML, FHN, PGR, HBHC and BX. Today's optimal covered call on BancorpSouth has an assigned return rate of 3.09%. To enter this trade, buy 100 shares of BXS stock at 30.5 per share and selling one contract of the BancorpSouth Jul 2017 30 call for 1.39 for a net debit of $ 29.1 per share. This trade lasts 79 days, giving it an annualized return rate of 14.28%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on MGIC has an assigned return rate of 10.01%. To enter this trade, buy 100 shares of MTG stock at 10.51 per share and selling one contract of the MGIC Jan 2018 10 call for 1.41 for a net debit of $ 9.08 per share. This trade lasts 261 days, giving it an annualized return rate of 14%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Constellation Brands has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of STZ stock at 174.58 per share and selling one contract of the Constellation Brands Jul 2017 170 call for 9.3 for a net debit of $ 165.28 per share. This trade lasts 79 days, giving it an annualized return rate of 13.19%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Ollies has an assigned return rate of 5.58%. To enter this trade, buy 100 shares of OLLI stock at 39.04 per share and selling one contract of the Ollies Oct 2017 35 call for 5.9 for a net debit of $ 33.14 per share. This trade lasts 170 days, giving it an annualized return rate of 11.98%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on KeyCorp has an assigned return rate of 6.82%. To enter this trade, buy 100 shares of KEY stock at 18.47 per share and selling one contract of the KeyCorp Dec 2017 18 call for 1.62 for a net debit of $ 16.85 per share. This trade lasts 226 days, giving it an annualized return rate of 11.02%. 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 2.37%. To enter this trade, buy 100 shares of ASML stock at 134.99 per share and selling one contract of the ASML Jul 2017 130 call for 8 for a net debit of $ 126.99 per share. This trade lasts 79 days, giving it an annualized return rate of 10.95%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on First Horizon National has an assigned return rate of 5.82%. To enter this trade, buy 100 shares of FHN stock at 18.55 per share and selling one contract of the First Horizon National Nov 2017 18 call for 1.55 for a net debit of $ 17 per share. This trade lasts 198 days, giving it an annualized return rate of 10.72%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Progressive has an assigned return rate of 3.01%. To enter this trade, buy 100 shares of PGR stock at 39.4 per share and selling one contract of the Progressive Aug 2017 39 call for 1.55 for a net debit of $ 37.85 per share. This trade lasts 107 days, giving it an annualized return rate of 10.27%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Hancock Holding Co has an assigned return rate of 2.97%. To enter this trade, buy 100 shares of HBHC stock at 48.2 per share and selling one contract of the Hancock Holding Co Aug 2017 45 call for 4.5 for a net debit of $ 43.7 per share. This trade lasts 107 days, giving it an annualized return rate of 10.14%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Blackstone Group has an assigned return rate of 3.62%. To enter this trade, buy 100 shares of BX stock at 30.75 per share and selling one contract of the Blackstone Group Sep 2017 30 call for 1.8 for a net debit of $ 28.94 per share. This trade lasts 135 days, giving it an annualized return rate of 9.8%. 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 Delphi Automotive PLC (DLPH), Archer Daniels Midland Company (ADM) and Estee Lauder Companies Inc (EL) are moving higher this morning, while Freeport-McMoRan Inc (FCX), Ulta Beauty Inc (ULTA) and Gilead Sciences, Inc. (GILD) are headed lower. Amedisys Inc (AMED), Oasis Petroleum Inc. (OAS) and Frontier Communications Corp (FTR) were upgraded by analysts this morning, while Etsy Inc (ETSY), Akamai Technologies, Inc. (AKAM) and Shopify Inc (US) (SHOP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.7%, the Hang Seng is up 0.33%, the Mumbai Sensex is down -0.09% the Shanghai SE Composite Index is down -0.27% and the Australia ASX All Ordinaries is down -0.86%.Stocks in Europe are down. The FTSE 100 is down -0.31%, the CAC 40 is down -0.28%, the DAX is down -0.12% and the Euronext 100 is down -0.11%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.26 at 47.92 per barrel. Brent crude is up 0.37 at 50.83 per barrel. Natural Gas is up 0.01 at 3.2. Precious metals are down this morning. Gold is down -4.13 at 1252.63 per ounce. Platinum is down -13.52 at 913.6 while silver is down -0.13 at 16.7. 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, 940,053 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 572,180 put contracts. The single-session put/call was 0.61 while the 20-day moving average is now at 0.67. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 04/29 07:00 ADP Employment Change Apr 08:15 ISM Services Apr 10:00 Crude Inventories 04/29 10:30 FOMC Rate Decision May 14:00 EARNINGS EXPECTED TODAY: FB KHC NVO RAI TWX AIG MET TSLA SO ADP PRU ADDYY WPZ NXPI S ICE MFC BSBR HUM EL PXD FMS WMB YUM This Morning Update was prepared with data and information provided by: |
