MORNING UPDATE: PriceWatch Alerts for OLLI and More... for 2017-05-02 |
| PriceWatch Alerts for OLLI, BXS, CFG, PLAY, OZRK ,KEY, SNA, AXP, FHN and BX. Today's optimal covered call on Ollies has an assigned return rate of 6.38%. To enter this trade, buy 100 shares of OLLI stock at 38 per share and selling one contract of the Ollies Oct 2017 35 call for 5.09 for a net debit of $ 32.89 per share. This trade lasts 171 days, giving it an annualized return rate of 13.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on BancorpSouth has an assigned return rate of 2.91%. To enter this trade, buy 100 shares of BXS stock at 30.7 per share and selling one contract of the BancorpSouth Jul 2017 30 call for 1.55 for a net debit of $ 29.14 per share. This trade lasts 80 days, giving it an annualized return rate of 13.3%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Citizens Financial Group Inc/Ri has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of CFG stock at 37.13 per share and selling one contract of the Citizens Financial Group Inc/Ri Jul 2017 35 call for 3.1 for a net debit of $ 34.03 per share. This trade lasts 80 days, giving it an annualized return rate of 13%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Dave & Buster's Ente has an assigned return rate of 2.81%. To enter this trade, buy 100 shares of PLAY stock at 64.26 per share and selling one contract of the Dave & Buster's Ente Jul 2017 60 call for 5.9 for a net debit of $ 58.36 per share. This trade lasts 80 days, giving it an annualized return rate of 12.82%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Bank of The Ozarks has an assigned return rate of 3.56%. To enter this trade, buy 100 shares of OZRK stock at 48.15 per share and selling one contract of the Bank of The Ozarks Aug 2017 45 call for 4.7 for a net debit of $ 43.44 per share. This trade lasts 108 days, giving it an annualized return rate of 12.05%. 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 6.69%. To enter this trade, buy 100 shares of KEY stock at 18.54 per share and selling one contract of the KeyCorp Dec 2017 18 call for 1.68 for a net debit of $ 16.87 per share. This trade lasts 227 days, giving it an annualized return rate of 10.77%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Snap on has an assigned return rate of 3.97%. To enter this trade, buy 100 shares of SNA stock at 167.49 per share and selling one contract of the Snap on Sep 2017 165 call for 8.8 for a net debit of $ 158.68 per share. This trade lasts 136 days, giving it an annualized return rate of 10.67%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on American Express has an assigned return rate of 2.26%. To enter this trade, buy 100 shares of AXP stock at 79.23 per share and selling one contract of the American Express Jul 2017 77.5 call for 3.45 for a net debit of $ 75.78 per share. This trade lasts 80 days, giving it an annualized return rate of 10.35%. 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 5.32%. To enter this trade, buy 100 shares of FHN stock at 18.79 per share and selling one contract of the First Horizon National Nov 2017 18 call for 1.7 for a net debit of $ 17.08 per share. This trade lasts 199 days, giving it an annualized return rate of 9.76%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Blackstone Group has an assigned return rate of 3.51%. To enter this trade, buy 100 shares of BX stock at 30.84 per share and selling one contract of the Blackstone Group Sep 2017 30 call for 1.86 for a net debit of $ 28.98 per share. This trade lasts 136 days, giving it an annualized return rate of 9.44%. 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 Coach Inc (COH), Hanesbrands Inc. (HBI) and Caterpillar Inc. (CAT) are moving higher this morning, while Philip Morris International Inc. (PM), ConocoPhillips (COP) and CVS Health Corp (CVS) are headed lower. Seaspan Corporation (SSW), FleetCor Technologies, Inc. (FLT) and Meredith Corporation (MDP) were upgraded by analysts this morning, while Fortive Corp (FTV), CalAtlantic Group Inc (CAA) and Arthur J Gallagher & Co (AJG) 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 up 0.01% the Australia ASX All Ordinaries is down -0.08% and the Shanghai SE Composite Index is down -0.35%.In Europe stocks are up. The FTSE 100 is up 0.54%, the CAC 40 is up 0.39%, the Euronext 100 is up 0.37% and the DAX is up 0.25%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.3 at 49.14 per barrel. Brent crude is up 0.45 at 51.97 per barrel. Natural Gas is up 0.02 at 3.24. Precious metals are mixed this morning. Gold is down -2.49 at 1254.09 per ounce. Platinum is up 0.19 at 931.59 while silver is up 0.1 at 16.95. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 799,184 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 495,378 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 Auto Sales Apr 14:00 Truck Sales Apr 14:00 EARNINGS EXPECTED TODAY: AAPL PFE MRK MO MA BP CHTR GILD CVS MDLZ COP EPD BAMXF SHPG AET BDX EMR ECL PCG ETN APC HCA ALL FIS ADM This Morning Update was prepared with data and information provided by: |
