MORNING UPDATE: PriceWatch Alerts for XLI and More... for 2016-12-21 |
| PriceWatch Alerts for XLI, DXJ, UNFI, XLY, INTU ,CSCO, TD, XLF, PGR and RY. Today's optimal covered call on Industrial Select Sector SPDR has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of XLI stock at 63.29 per share and selling one contract of the Industrial Select Sector SPDR Feb 2017 63 call for 1.59 for a net debit of $ 61.69 per share. This trade lasts 58 days, giving it an annualized return rate of 13.25%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Wisdomtree Japan Hedged Equity has an assigned return rate of 2%. To enter this trade, buy 100 shares of DXJ stock at 51.52 per share and selling one contract of the Wisdomtree Japan Hedged Equity Feb 2017 51 call for 1.52 for a net debit of $ 50 per share. This trade lasts 58 days, giving it an annualized return rate of 12.58%. 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 5.01%. To enter this trade, buy 100 shares of UNFI stock at 48.95 per share and selling one contract of the United Natural Foods May 2017 45 call for 6.09 for a net debit of $ 42.85 per share. This trade lasts 149 days, giving it an annualized return rate of 12.29%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Consumer Discret Select Sector SPDR has an assigned return rate of 2.57%. To enter this trade, buy 100 shares of XLY stock at 83.56 per share and selling one contract of the Consumer Discret Select Sector SPDR Mar 2017 83 call for 2.64 for a net debit of $ 80.91 per share. This trade lasts 86 days, giving it an annualized return rate of 10.9%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Intuit has an assigned return rate of 3.51%. To enter this trade, buy 100 shares of INTU stock at 118.38 per share and selling one contract of the Intuit Apr 2017 115 call for 7.29 for a net debit of $ 111.09 per share. This trade lasts 121 days, giving it an annualized return rate of 10.61%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cisco Systems has an assigned return rate of 2.98%. To enter this trade, buy 100 shares of CSCO stock at 30.55 per share and selling one contract of the Cisco Systems Apr 2017 30 call for 1.42 for a net debit of $ 29.12 per share. This trade lasts 121 days, giving it an annualized return rate of 9%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Toronto Dominion Bank has an assigned return rate of 2.85%. To enter this trade, buy 100 shares of TD stock at 50.11 per share and selling one contract of the Toronto Dominion Bank Apr 2017 50 call for 1.5 for a net debit of $ 48.6 per share. This trade lasts 121 days, giving it an annualized return rate of 8.62%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Financial Select Sector SPDR has an assigned return rate of 4.16%. To enter this trade, buy 100 shares of XLF stock at 23.65 per share and selling one contract of the Financial Select Sector SPDR Jun 2017 23 call for 1.58 for a net debit of $ 22.07 per share. This trade lasts 177 days, giving it an annualized return rate of 8.59%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Progressive has an assigned return rate of 2.51%. To enter this trade, buy 100 shares of PGR stock at 35.74 per share and selling one contract of the Progressive May 2017 35 call for 1.6 for a net debit of $ 34.14 per share. This trade lasts 149 days, giving it an annualized return rate of 6.17%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Royal Bank of Canada has an assigned return rate of 2.02%. To enter this trade, buy 100 shares of RY stock at 68.8 per share and selling one contract of the Royal Bank of Canada Jul 2017 65 call for 5.09 for a net debit of $ 63.71 per share. This trade lasts 212 days, giving it an annualized return rate of 3.48%. The risk assessment of this trade is 4 keys, (Low 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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(PFE) and Microsoft Corporation (MSFT) are headed lower.Air Products & Chemicals, Inc. (APD) was upgraded by analysts this morning, while Oasis Petroleum Inc. (OAS), Astoria Financial Corp (AF) and New York Community Bancorp, Inc. (NYCB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 1.11%, the Australia ASX All Ordinaries is up 0.39%, the Hang Seng is up 0.37% the Mumbai Sensex is down -0.25% and the Nikkei 225 is down -0.26%.Stocks in Europe are down.European stocks are lower this morning as fresh concerns have arisen about how much capital is needed to shore up Italy's banking system. The CAC 40 is down -0.53%, the Euronext 100 is down -0.4%, the FTSE 100 is down -0.15% and the DAX is down -0.09%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.31 at 53.61 per barrel. Brent crude is up 0.28 at 55.63 per barrel. Natural Gas is up 0.09 at 3.35. Precious metals are mixed this morning. Gold is up 3.6 at 1137.2 per ounce. Platinum is down -4.13 at 918.33 while silver is down -0.01 at 16.11. 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, 662,001 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 418,773 put contracts. The single-session put/call was 0.63 while the 20-day moving average is now at 0.59. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 12/17 07:00 Existing Home Sales Nov 10:00 Crude Inventories 12/17 10:30 EARNINGS EXPECTED TODAY: ACN BBBY MLHR NEOG PAYX RHT |
