MORNING UPDATE: PriceWatch Alerts for GDX and More... for 2017-04-07 |
PriceWatch Alerts for GDX, HQY, ADBE, CONN, XLE ,HRB, KBH, MIK, ILF and WSM. Today's optimal covered call on Market Vectors Gold Miners has an assigned return rate of 9.31%. To enter this trade, buy 100 shares of GDX stock at 23.51 per share and selling one contract of the Market Vectors Gold Miners Sep 2017 23 call for 2.47 for a net debit of $ 21.04 per share. This trade lasts 161 days, giving it an annualized return rate of 21.11%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Healthequity Cmn Stk has an assigned return rate of 3.97%. To enter this trade, buy 100 shares of HQY stock at 42.66 per share and selling one contract of the Healthequity Cmn Stk Jun 2017 40 call for 4.2 for a net debit of $ 38.46 per share. This trade lasts 70 days, giving it an annualized return rate of 20.73%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Adobe Systems has an assigned return rate of 2.32%. To enter this trade, buy 100 shares of ADBE stock at 130.14 per share and selling one contract of the Adobe Systems May 2017 130 call for 3.1 for a net debit of $ 127.05 per share. This trade lasts 42 days, giving it an annualized return rate of 20.17%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Conns has an assigned return rate of 10.49%. To enter this trade, buy 100 shares of CONN stock at 11.75 per share and selling one contract of the Conns Oct 2017 10 call for 2.7 for a net debit of $ 9.05 per share. This trade lasts 196 days, giving it an annualized return rate of 19.54%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Energy Select Sector SPDR has an assigned return rate of 2.07%. To enter this trade, buy 100 shares of XLE stock at 70.62 per share and selling one contract of the Energy Select Sector SPDR May 2017 70.5 call for 1.56 for a net debit of $ 69.06 per share. This trade lasts 42 days, giving it an annualized return rate of 17.99%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on H&R Block has an assigned return rate of 5.11%. To enter this trade, buy 100 shares of HRB stock at 23.57 per share and selling one contract of the H&R Block Jul 2017 23 call for 1.7 for a net debit of $ 21.87 per share. This trade lasts 105 days, giving it an annualized return rate of 17.79%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on KB Home has an assigned return rate of 4.85%. To enter this trade, buy 100 shares of KBH stock at 19.87 per share and selling one contract of the KB Home Jul 2017 19 call for 1.76 for a net debit of $ 18.11 per share. This trade lasts 105 days, giving it an annualized return rate of 16.88%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on The Michaels Comp Cmn has an assigned return rate of 7.04%. To enter this trade, buy 100 shares of MIK stock at 23.06 per share and selling one contract of the The Michaels Comp Cmn Sep 2017 22.5 call for 2.04 for a net debit of $ 21.01 per share. This trade lasts 161 days, giving it an annualized return rate of 15.96%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on iShares S&P Latin Amer 40 Index has an assigned return rate of 2.92%. To enter this trade, buy 100 shares of ILF stock at 31.56 per share and selling one contract of the iShares S&P Latin Amer 40 Index Jun 2017 31 call for 1.44 for a net debit of $ 30.12 per share. This trade lasts 70 days, giving it an annualized return rate of 15.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Williams Sonoma has an assigned return rate of 5.23%. To enter this trade, buy 100 shares of WSM stock at 54.38 per share and selling one contract of the Williams Sonoma Aug 2017 52.5 call for 4.5 for a net debit of $ 49.89 per share. This trade lasts 133 days, giving it an annualized return rate of 14.35%. 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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STOCKS ON THE MOVE Raytheon Company (RTN), Chesapeake Energy Corporation (CHK) and Marathon Oil Corporation (MRO) are moving higher this morning, while Citigroup Inc (C), Intel Corporation (INTC) and Procter & Gamble Co (PG) are headed lower. Synaptics, Incorporated (SYNA), Williams Partners LP (WPZ) and Twilio Inc (TWLO) were upgraded by analysts this morning, while Sanofi SA (ADR) (SNY), Arista Networks Inc (ANET) and Lamb Weston Holdings Inc (LW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.36%, the Shanghai SE Composite Index is up 0.17%, the Australia ASX All Ordinaries is up 0.09% the Hang Seng is down -0.13% and the Mumbai Sensex is down -0.74%.In Europe stocks are mixed. The FTSE 100 is up 0.08%, the Euronext 100 is down -0.21%, the CAC 40 is down -0.28% and the DAX is down -0.52%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.02 at 51.68 per barrel. Brent crude is up 0.18 at 55.07 per barrel. Natural Gas is down -0.08 at 3.29. Precious metals are up this morning. Gold is up 16.27 at 1267.97 per ounce. Platinum is up 14.1 at 972.65 while silver is up 0.08 at 18.33. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 635,136 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 417,391 put contracts. The single-session put/call was 0.66 while the 20-day moving average is now at 0.64. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls Mar 08:30 Nonfarm Private Payrolls Mar 08:30 Unemployment Rate Mar 08:30 Avg. Hourly Earnings Mar 08:30 Average Workweek Mar 08:30 Wholesale Inventories Feb 10:00 Consumer Credit Feb 15:00 EARNINGS EXPECTED TODAY: Nothing Major Expected |