MORNING UPDATE: PriceWatch Alerts for IWM and More... for 2016-12-28 |
| PriceWatch Alerts for IWM, UNFI, XLI, TTC, APOG ,XLV, XLB, XLP, NDSN and PAYX. Today's optimal covered call on Russell 2000 ETF has an assigned return rate of 2.43%. To enter this trade, buy 100 shares of IWM stock at 136.64 per share and selling one contract of the Russell 2000 ETF Feb 2017 136 call for 3.87 for a net debit of $ 132.77 per share. This trade lasts 51 days, giving it an annualized return rate of 17.41%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on United Natural Foods has an assigned return rate of 5.63%. To enter this trade, buy 100 shares of UNFI stock at 48.4 per share and selling one contract of the United Natural Foods May 2017 45 call for 5.79 for a net debit of $ 42.6 per share. This trade lasts 142 days, giving it an annualized return rate of 14.48%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Industrial Select Sector SPDR has an assigned return rate of 2.58%. To enter this trade, buy 100 shares of XLI stock at 63.11 per share and selling one contract of the Industrial Select Sector SPDR Mar 2017 63 call for 1.71 for a net debit of $ 61.4 per share. This trade lasts 79 days, giving it an annualized return rate of 11.96%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Toro has an assigned return rate of 2.51%. To enter this trade, buy 100 shares of TTC stock at 56.5 per share and selling one contract of the Toro Mar 2017 55 call for 2.85 for a net debit of $ 53.64 per share. This trade lasts 79 days, giving it an annualized return rate of 11.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Apogee Enterprises has an assigned return rate of 7.22%. To enter this trade, buy 100 shares of APOG stock at 53.63 per share and selling one contract of the Apogee Enterprises Aug 2017 50 call for 7 for a net debit of $ 46.63 per share. This trade lasts 233 days, giving it an annualized return rate of 11.32%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Healthcare Select Sector SPDR has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of XLV stock at 69.59 per share and selling one contract of the Healthcare Select Sector SPDR Mar 2017 69 call for 2.22 for a net debit of $ 67.37 per share. This trade lasts 79 days, giving it an annualized return rate of 11.1%. 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 2.35%. To enter this trade, buy 100 shares of XLB stock at 50.54 per share and selling one contract of the Materials Select Sector SPDR Mar 2017 50 call for 1.69 for a net debit of $ 48.85 per share. This trade lasts 79 days, giving it an annualized return rate of 10.87%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Consumer Staples Select Sector SPDR has an assigned return rate of 2.18%. To enter this trade, buy 100 shares of XLP stock at 52.04 per share and selling one contract of the Consumer Staples Select Sector SPDR Mar 2017 52 call for 1.15 for a net debit of $ 50.89 per share. This trade lasts 79 days, giving it an annualized return rate of 10.07%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Nordson Corporation has an assigned return rate of 4.18%. To enter this trade, buy 100 shares of NDSN stock at 114.08 per share and selling one contract of the Nordson Corporation Jun 2017 110 call for 8.5 for a net debit of $ 105.57 per share. This trade lasts 170 days, giving it an annualized return rate of 8.98%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Paychex has an assigned return rate of 3%. To enter this trade, buy 100 shares of PAYX stock at 61.65 per share and selling one contract of the Paychex Jun 2017 60 call for 3.39 for a net debit of $ 58.25 per share. This trade lasts 170 days, giving it an annualized return rate of 6.45%. 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 ? 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STOCKS ON THE MOVE Southwestern Energy Company (SWN), NVIDIA Corporation (NVDA) and Chesapeake Energy Corporation (CHK) are moving higher this morning, while Paypal Holdings Inc (PYPL), E I Du Pont De Nemours And Co (DD) and Kinder Morgan Inc (KMI) are headed lower.Ocera Therapeutics Inc (OCRX), and Impax Laboratories Inc (IPXL) were upgraded by analysts this morning, while Independence Contract Drilling Inc (ICD), and Tropicana Entertainment Inc (TPCA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.01%, the Hang Seng is up 0.83%, the Mumbai Sensex is down -0.01% the Mumbai Sensex is down -0.01% and the Shanghai SE Composite Index is down -0.4%.In Europe stocks are mixed. The FTSE 100 is up 0.52%, the DAX is up 0.08%, the CAC 40 is down -0.05% and the Euronext 100 is down -0.09%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.07 at 53.83 per barrel. Brent crude is up 0.03 at 56.12 per barrel. Natural Gas is down -0.06 at 3.7. Precious metals are mixed this morning. Gold is up 7.6 at 1137.4 per ounce. Platinum is down -0.93 at 902.77 while silver is down -0.06 at 15.93. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 530,659 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 326,986 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 MBA Mortgage Index 12/24 07:00 Pending Home Sales Nov 10:00 EARNINGS EXPECTED TODAY: Nothing Major Expected |
