MORNING UPDATE: PriceWatch Alerts for CMI and More... for 2017-03-03 |
| PriceWatch Alerts for CMI, LPX, AMAT, CDNS, RXN ,NSX, WY, AER, LYB and CBG. Today's optimal covered call on Cummins has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of CMI stock at 150.83 per share and selling one contract of the Cummins Apr 2017 150 call for 5 for a net debit of $ 145.84 per share. This trade lasts 49 days, giving it an annualized return rate of 21.24%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Louisiana Pacific has an assigned return rate of 4.45%. To enter this trade, buy 100 shares of LPX stock at 23.71 per share and selling one contract of the Louisiana Pacific May 2017 23 call for 1.7 for a net debit of $ 22.01 per share. This trade lasts 77 days, giving it an annualized return rate of 21.09%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 2.82%. To enter this trade, buy 100 shares of AMAT stock at 36.49 per share and selling one contract of the Applied Materials Apr 2017 36 call for 1.48 for a net debit of $ 35.01 per share. This trade lasts 49 days, giving it an annualized return rate of 21.06%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cadence Design Systems has an assigned return rate of 4.41%. To enter this trade, buy 100 shares of CDNS stock at 31.09 per share and selling one contract of the Cadence Design Systems May 2017 31 call for 1.39 for a net debit of $ 29.69 per share. This trade lasts 77 days, giving it an annualized return rate of 20.91%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Rexnord Corp has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of RXN stock at 23 per share and selling one contract of the Rexnord Corp May 2017 22.5 call for 1.44 for a net debit of $ 21.55 per share. This trade lasts 77 days, giving it an annualized return rate of 20.89%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Norfolk Southern has an assigned return rate of 2.76%. To enter this trade, buy 100 shares of NSC stock at 121.76 per share and selling one contract of the Norfolk Southern Apr 2017 120 call for 5 for a net debit of $ 116.76 per share. This trade lasts 49 days, giving it an annualized return rate of 20.6%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Weyerhaeuser has an assigned return rate of 2.75%. To enter this trade, buy 100 shares of WY stock at 34.18 per share and selling one contract of the Weyerhaeuser Apr 2017 34 call for 1.1 for a net debit of $ 33.08 per share. This trade lasts 49 days, giving it an annualized return rate of 20.48%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Aercap has an assigned return rate of 2.71%. To enter this trade, buy 100 shares of AER stock at 45.81 per share and selling one contract of the Aercap Apr 2017 45 call for 2 for a net debit of $ 43.81 per share. This trade lasts 49 days, giving it an annualized return rate of 20.23%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Lyondellbasell Industries Nv has an assigned return rate of 2.63%. To enter this trade, buy 100 shares of LYB stock at 92.29 per share and selling one contract of the Lyondellbasell Industries Nv Apr 2017 90 call for 4.59 for a net debit of $ 87.69 per share. This trade lasts 49 days, giving it an annualized return rate of 19.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on CB Richard Ellis Group has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of CBG stock at 36.38 per share and selling one contract of the CB Richard Ellis Group Apr 2017 36 call for 1.3 for a net debit of $ 35.08 per share. This trade lasts 49 days, giving it an annualized return rate of 19.53%. 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)! 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 Micron Technology, Inc. (MU), Expedia Inc (EXPE) and Ford Motor Company (F) are moving higher this morning, while Starbucks Corporation (SBUX), Caterpillar Inc. (CAT) and Newmont Mining Corp (NEM) are headed lower. National-Oilwell Varco, Inc. (NOV), Emerson Electric Co. (EMR) and Dr Pepper Snapple Group Inc. (DPS) were upgraded by analysts this morning, while Ciena Corporation (CIEN), Palo Alto Networks Inc (PANW) and Kite Pharma Inc (KITE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Australia ASX All Ordinaries is down -0.78%, the Hang Seng is down -0.74%, the Nikkei 225 is down -0.49% the Shanghai SE Composite Index is down -0.36% and the Mumbai Sensex is down -0.03%.In Europe stocks are mixed. The CAC 40 is up 0.64%, the Euronext 100 is up 0.44%, the DAX is down -0.2% and the FTSE 100 is down -0.28%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.1 at 52.71 per barrel. Brent crude is up 0.13 at 55.21 per barrel. Natural Gas is up 0.01 at 2.82. Precious metals are mixed this morning. Gold is down -4.82 at 1229.43 per ounce. Platinum is up 2.31 at 990.31 while silver is down -0.03 at 17.72. 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, 1,032,128 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 581,908 put contracts. The single-session put/call was 0.56 while the 20-day moving average is now at 0.63. TODAY'S ECONOMIC CALENDAR ISM Services Feb 10:00 EARNINGS EXPECTED TODAY: BIG |
