MORNING UPDATE: PriceWatch Alerts for ADBE and More... for 2017-04-17 |
PriceWatch Alerts for ADBE, QQQ, XLB, SLV, SPY ,KOL, VNQ, XLK, DRI and FDN. Today's optimal covered call on Adobe Systems has an assigned return rate of 3.64%. To enter this trade, buy 100 shares of ADBE stock at 129.05 per share and selling one contract of the Adobe Systems Jul 2017 125 call for 8.41 for a net debit of $ 120.59 per share. This trade lasts 95 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 Powershares QQQ has an assigned return rate of 2.28%. To enter this trade, buy 100 shares of QQQ stock at 130.37 per share and selling one contract of the Powershares QQQ Jun 2017 130 call for 3.31 for a net debit of $ 127.09 per share. This trade lasts 60 days, giving it an annualized return rate of 13.92%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Materials Select Sector SPDR has an assigned return rate of 2.24%. To enter this trade, buy 100 shares of XLB stock at 51.31 per share and selling one contract of the Materials Select Sector SPDR Jun 2017 51 call for 1.39 for a net debit of $ 49.88 per share. This trade lasts 60 days, giving it an annualized return rate of 13.65%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares Silver Trust has an assigned return rate of 6.9%. To enter this trade, buy 100 shares of SLV stock at 17.53 per share and selling one contract of the iShares Silver Trust Oct 2017 17.5 call for 1.14 for a net debit of $ 16.37 per share. This trade lasts 186 days, giving it an annualized return rate of 13.51%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P 500 ETF SPDR has an assigned return rate of 2.14%. To enter this trade, buy 100 shares of SPY stock at 232.5 per share and selling one contract of the S&P 500 ETF SPDR Jun 2017 232 call for 5.41 for a net debit of $ 227.09 per share. This trade lasts 60 days, giving it an annualized return rate of 13.09%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Coal ETF Market Vectors has an assigned return rate of 6.62%. To enter this trade, buy 100 shares of KOL stock at 14.07 per share and selling one contract of the Coal ETF Market Vectors Oct 2017 14 call for 0.95 for a net debit of $ 13.13 per share. This trade lasts 186 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 Vanguard REIT Index ETF has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of VNQ stock at 84.26 per share and selling one contract of the Vanguard REIT Index ETF Jun 2017 84 call for 2 for a net debit of $ 82.26 per share. This trade lasts 60 days, giving it an annualized return rate of 12.76%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Technology Select Sector SPDR has an assigned return rate of 2.08%. To enter this trade, buy 100 shares of XLK stock at 52.35 per share and selling one contract of the Technology Select Sector SPDR Jun 2017 52 call for 1.39 for a net debit of $ 50.92 per share. This trade lasts 60 days, giving it an annualized return rate of 12.65%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Darden Restaurants has an assigned return rate of 3.12%. To enter this trade, buy 100 shares of DRI stock at 81.95 per share and selling one contract of the Darden Restaurants Jul 2017 80 call for 4.4 for a net debit of $ 77.56 per share. This trade lasts 95 days, giving it an annualized return rate of 12%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on First Trust DJ Internet Index has an assigned return rate of 2.79%. To enter this trade, buy 100 shares of FDN stock at 86.84 per share and selling one contract of the First Trust DJ Internet Index Jul 2017 86 call for 3.2 for a net debit of $ 83.65 per share. This trade lasts 95 days, giving it an annualized return rate of 10.74%. The risk assessment of this trade is 2 keys, (Considerable 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE AbbVie Inc (ABBV), Constellation Brands, Inc. (STZ) and Regeneron Pharmaceuticals Inc (REGN) are moving higher this morning, while Under Armour Inc (UAA), Huntington Bancshares Incorporated (HBAN) and Capital One Financial Corp. (COF) are headed lower. Cummins Inc. (CMI), Knight Transportation (KNX) and McDonald's Corporation (MCD) were upgraded by analysts this morning, while Eli Lilly and Co (LLY), Palo Alto Networks Inc (PANW) and KLA-Tencor Corp (KLAC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed.Markets in Australia and Hong Kong are closed due to the Easter holiday. The Nikkei 225 is up 0.11%, the Australia ASX All Ordinaries is flat 0%, the Australia ASX All Ordinaries is flat 0% the Mumbai Sensex is down -0.16% and the Shanghai SE Composite Index is down -0.74%.Stocks in Europe are down.European markets are closed for the holiday. The CAC 40 is down -0.63%, the Euronext 100 is down -0.61%, the FTSE 100 is down -0.5% and the DAX is down -0.34%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.4 at 52.78 per barrel. Brent crude is down -0.39 at 55.5 per barrel. Natural Gas is down -0.05 at 3.18. Precious metals are up this morning. Gold is up 0.5 at 1289 per ounce. Platinum is up 5.15 at 978.3 while silver is up 0.05 at 18.56. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. PUT/CALL RATIO Yesterday, 733,434 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 703,632 put contracts. The single-session put/call ratio was 0.96 while the 20-day moving average is now at 0.66. TODAY'S ECONOMIC CALENDAR Empire Manufacturing Apr 08:30 NAHB Housing Market Index Apr 10:00 Net Long-Term TIC Flows Apr 16:00 EARNINGS EXPECTED TODAY: NFLX MTB UAL CE JBHT ELS BRO MBFI PNFP This Morning Update was prepared with data and information provided by: |