MORNING UPDATE: PriceWatch Alerts for SAFM and More... for 2016-12-30 |
PriceWatch Alerts for SAFM, UNFI, NCS, TTC, XLK ,APOG, NDSN, XLK, XLF and PAYX. Today's optimal covered call on Sanderson Farms has an assigned return rate of 4.54%. To enter this trade, buy 100 shares of SAFM stock at 94.2 per share and selling one contract of the Sanderson Farms Feb 2017 94 call for 4.29 for a net debit of $ 89.9 per share. This trade lasts 49 days, giving it an annualized return rate of 33.88%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on United Natural Foods has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of UNFI stock at 47.88 per share and selling one contract of the United Natural Foods Feb 2017 45 call for 3.79 for a net debit of $ 44.09 per share. This trade lasts 49 days, giving it an annualized return rate of 15.37%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on NCI Building Systems has an assigned return rate of 6.76%. To enter this trade, buy 100 shares of NCS stock at 16 per share and selling one contract of the NCI Building Systems Jun 2017 15 call for 1.95 for a net debit of $ 14.05 per share. This trade lasts 168 days, giving it an annualized return rate of 14.69%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Toro has an assigned return rate of 2.43%. To enter this trade, buy 100 shares of TTC stock at 56.43 per share and selling one contract of the Toro Mar 2017 55 call for 2.75 for a net debit of $ 53.68 per share. This trade lasts 77 days, giving it an annualized return rate of 11.56%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Technology Select Sector SPDR has an assigned return rate of 2.38%. To enter this trade, buy 100 shares of XLK stock at 48.74 per share and selling one contract of the Technology Select Sector SPDR Mar 2017 48 call for 1.86 for a net debit of $ 46.88 per share. This trade lasts 77 days, giving it an annualized return rate of 11.32%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Apogee Enterprises has an assigned return rate of 3.97%. To enter this trade, buy 100 shares of APOG stock at 53.59 per share and selling one contract of the Apogee Enterprises May 2017 50 call for 5.5 for a net debit of $ 48.09 per share. This trade lasts 140 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 Nordson Corporation has an assigned return rate of 4.35%. To enter this trade, buy 100 shares of NDSN stock at 112.91 per share and selling one contract of the Nordson Corporation Jun 2017 110 call for 7.5 for a net debit of $ 105.4 per share. This trade lasts 168 days, giving it an annualized return rate of 9.46%. 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 2.34%. To enter this trade, buy 100 shares of XLK stock at 48.72 per share and selling one contract of the Technology Select Sector SPDR Mar 2017 48 call for 1.83 for a net debit of $ 46.89 per share. This trade lasts 78 days, giving it an annualized return rate of 10.97%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Financial Select Sector SPDR has an assigned return rate of 4.92%. To enter this trade, buy 100 shares of XLF stock at 23.37 per share and selling one contract of the Financial Select Sector SPDR Jun 2017 23 call for 1.44 for a net debit of $ 21.92 per share. This trade lasts 169 days, giving it an annualized return rate of 10.64%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Paychex has an assigned return rate of 3.37%. To enter this trade, buy 100 shares of PAYX stock at 61.34 per share and selling one contract of the Paychex Jun 2017 60 call for 3.29 for a net debit of $ 58.04 per share. This trade lasts 169 days, giving it an annualized return rate of 7.29%. 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)! 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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 Marathon Oil Corporation (MRO), Goldman Sachs Group Inc (GS) and Mylan NV (MYL) are moving higher this morning, while Fluor Corporation (NEW) (FLR), and Southwest Airlines Co (LUV) are headed lower.Nike Inc (NKE), Mohawk Industries, Inc. (MHK) and Finisar Corporation (FNSR) were upgraded by analysts this morning, while Anthera Pharmaceuticals Inc (ANTH), and Tropicana Entertainment Inc (TPCA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.99%, the Hang Seng is up 0.96%, the Shanghai SE Composite Index is up 0.24% the Nikkei 225 is down -0.16% and the Australia ASX All Ordinaries is down -0.48%.In Europe stocks are up. The CAC 40 is up 0.39%, the FTSE 100 is up 0.32%, the Euronext 100 is up 0.31% and the DAX is up 0.26%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.06 at 53.71 per barrel. Brent crude is down -0.11 at 56.74 per barrel. Natural Gas is down -0.05 at 3.76. Precious metals are up this morning. Gold is up 4.18 at 1145.85 per ounce. Platinum is up 1.56 at 900.31 while silver is up 0.04 at 16.08. 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, 569,581 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 351,566 put contracts. The single-session put/call was 0.62 while the 20-day moving average is now at 0.61. TODAY'S ECONOMIC CALENDAR Chicago PMI Dec 09:45 EARNINGS EXPECTED TODAY: Nothing Major Expected |