MORNING UPDATE: PriceWatch Alerts for SMTC and More... for 2017-01-05 |
| PriceWatch Alerts for SMTC, FNSR, TIF, FL, AMAT ,JEC, AEO, CHS, ADI and FRAN. Today's optimal covered call on Semtech has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of SMTC stock at 31.39 per share and selling one contract of the Semtech Feb 2017 31 call for 1.44 for a net debit of $ 29.94 per share. This trade lasts 43 days, giving it an annualized return rate of 29.75%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Finisar has an assigned return rate of 12.97%. To enter this trade, buy 100 shares of FNSR stock at 29.56 per share and selling one contract of the Finisar Jun 2017 29 call for 3.89 for a net debit of $ 25.67 per share. This trade lasts 162 days, giving it an annualized return rate of 29.22%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Tiffany has an assigned return rate of 3.11%. To enter this trade, buy 100 shares of TIF stock at 79.26 per share and selling one contract of the Tiffany Feb 2017 77.5 call for 4.09 for a net debit of $ 75.16 per share. This trade lasts 43 days, giving it an annualized return rate of 26.42%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Foot Locker has an assigned return rate of 3.05%. To enter this trade, buy 100 shares of FL stock at 73 per share and selling one contract of the Foot Locker Feb 2017 72.5 call for 2.64 for a net debit of $ 70.34 per share. This trade lasts 43 days, giving it an annualized return rate of 25.94%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of AMAT stock at 32.24 per share and selling one contract of the Applied Materials Feb 2017 31 call for 2.1 for a net debit of $ 30.14 per share. This trade lasts 43 days, giving it an annualized return rate of 24.22%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Jacobs Engineering Group has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of JEC stock at 58.77 per share and selling one contract of the Jacobs Engineering Group Feb 2017 57.5 call for 2.75 for a net debit of $ 56.03 per share. This trade lasts 43 days, giving it an annualized return rate of 22.27%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on American Eagle Outfitters has an assigned return rate of 7.99%. To enter this trade, buy 100 shares of AEO stock at 15.64 per share and selling one contract of the American Eagle Outfitters May 2017 15 call for 1.75 for a net debit of $ 13.89 per share. This trade lasts 134 days, giving it an annualized return rate of 21.76%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Chicos FAS has an assigned return rate of 7.6%. To enter this trade, buy 100 shares of CHS stock at 14.76 per share and selling one contract of the Chicos FAS May 2017 14 call for 1.75 for a net debit of $ 13 per share. This trade lasts 134 days, giving it an annualized return rate of 20.72%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Analog Devices has an assigned return rate of 2.39%. To enter this trade, buy 100 shares of ADI stock at 72.36 per share and selling one contract of the Analog Devices Feb 2017 70 call for 4 for a net debit of $ 68.35 per share. This trade lasts 43 days, giving it an annualized return rate of 20.36%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Francesca's has an assigned return rate of 8.99%. To enter this trade, buy 100 shares of FRAN stock at 18.28 per share and selling one contract of the Francesca's Jun 2017 16 call for 3.6 for a net debit of $ 14.68 per share. This trade lasts 162 days, giving it an annualized return rate of 20.25%. 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. 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(AEIS) and Twilio Inc (TWLO) were upgraded by analysts this morning, while Universal Logistics Holdings Inc (ULH), P.A.M. Transportation Services, Inc. (PTSI) and Covenant Transportation Group, Inc. (CVTI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.46%, the Mumbai Sensex is up 0.92%, the Australia ASX All Ordinaries is up 0.29% the Shanghai SE Composite Index is up 0.21% and the Nikkei 225 is down -0.37%.In Europe stocks are mixed. The FTSE 100 is up 0.02%, the Euronext 100 is down -0.16%, the DAX is down -0.17% and the CAC 40 is down -0.19%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.42 at 53.68 per barrel. Brent crude is up 0.48 at 56.94 per barrel. Natural Gas is up 0.03 at 3.3. Precious metals are up this morning. Gold is up 10.88 at 1174.53 per ounce. Platinum is up 14.62 at 957.96 while silver is up 0.05 at 16.61. 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, 687,394 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 439,978 put contracts. The single-session put/call was 0.64 while the 20-day moving average is now at 0.62. TODAY'S ECONOMIC CALENDAR Challenger Job Cuts Dec 07:30 ADP Employment Change Dec 08:15 Initial Claims 12/31 08:30 Continuing Claims 12/24 08:30 ISM Services Dec 10:00 Natural Gas Inventories 12/31 10:30 Crude Inventories 12/30 11:00 EARNINGS EXPECTED TODAY: STZ HELE MON PSMT RPM WBA |
