MORNING UPDATE: PriceWatch Alerts for XOP and More...
PriceWatch Alerts for XOP, FANG, TSE, JWN, SLW ,CHTR, NXPI, BPOP, CGNX and ELLI.
Today's optimal covered call on S&P Oil & Gas Exploration & Prod SPDR has an assigned return rate of 2.68%. To enter this trade, buy 100 shares of XOP stock at 36.81 per share and selling one contract of the S&P Oil & Gas Exploration & Prod SPDR Sep 2016 36 call for 1.75 for a net debit of $ 35.06 per share. This trade lasts 31 days, giving it an annualized return rate of 31.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Diamondback Energy has an assigned return rate of 2.65%. To enter this trade, buy 100 shares of FANG stock at 96.45 per share and selling one contract of the Diamondback Energy Sep 2016 95 call for 3.90 for a net debit of $ 92.55 per share. This trade lasts 31 days, giving it an annualized return rate of 31.17%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Trinseo S.A. has an assigned return rate of 2.63%. To enter this trade, buy 100 shares of TSE stock at 55.69 per share and selling one contract of the Trinseo S.A. Sep 2016 55 call for 2.10 for a net debit of $ 53.59 per share. This trade lasts 31 days, giving it an annualized return rate of 30.98%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Nordstrom has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of JWN stock at 52.96 per share and selling one contract of the Nordstrom Sep 2016 52.5 call for 1.80 for a net debit of $ 51.16 per share. This trade lasts 31 days, giving it an annualized return rate of 30.84%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Silver Wheaton has an assigned return rate of 10.09%. To enter this trade, buy 100 shares of SLW stock at 30.75 per share and selling one contract of the Silver Wheaton Dec 2016 30 call for 3.50 for a net debit of $ 27.25 per share. This trade lasts 122 days, giving it an annualized return rate of 30.19%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Charter Communications has an assigned return rate of 2.56%. To enter this trade, buy 100 shares of CHTR stock at 260.51 per share and selling one contract of the Charter Communications Sep 2016 260 call for 7.00 for a net debit of $ 253.51 per share. This trade lasts 31 days, giving it an annualized return rate of 30.14%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on NXP Semiconductors has an assigned return rate of 2.56%. To enter this trade, buy 100 shares of NXPI stock at 88.52 per share and selling one contract of the NXP Semiconductors Sep 2016 87.5 call for 3.20 for a net debit of $ 85.32 per share. This trade lasts 31 days, giving it an annualized return rate of 30.08%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Popular has an assigned return rate of 2.55%. To enter this trade, buy 100 shares of BPOP stock at 37.13 per share and selling one contract of the Popular Sep 2016 37 call for 1.05 for a net debit of $ 36.08 per share. This trade lasts 31 days, giving it an annualized return rate of 30.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Cognex has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of CGNX stock at 50.31 per share and selling one contract of the Cognex Sep 2016 50 call for 1.55 for a net debit of $ 48.76 per share. This trade lasts 31 days, giving it an annualized return rate of 29.94%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Ellie Mae Inc has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of ELLI stock at 97.55 per share and selling one contract of the Ellie Mae Inc Sep 2016 95 call for 4.90 for a net debit of $ 92.65 per share. This trade lasts 31 days, giving it an annualized return rate of 29.86%. 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. 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
Luxoft Holdings (LXFT), Performance Sports (PSG) and Hain Celestial (HAIN) were downgraded by analysts this morning. Agilent Technologies, Inc. (A), Dick's Sporting Goods Inc. (DKS), and Vipshop Holdings Limited (VIPS) are early risers, while The Hain Celestial Group, Inc. (HAIN), Weight Watchers International, Inc. (WTW). and Advance Auto Parts Inc. (AAP) are down.
INTERNATIONAL MARKETS
Asian markets finished lower Tuesday as the Japanese yen grew stronger. The Shanghai was down 0.49% while the Nikkei was down 1.62%. In Europe, stocks are moving lower today though mining stocks are remaining strong. The FTSE is down 0.32%, while the The DAX is down 0.67%.
FUTURES & CURRENCIES
Energy futures are higher today. The price for West Texas Intermediate crude oil is up $0.24 to $45.98 per barrel, while natural gas is up $0.02 to $2.61. Metals prices are up. Gold is up $11.60 to $1,359.10 per ounce and platinum is up $25.30 at $1,141.60. The Dollar is down versus the Euro and the Yen.
PUT/CALL RATIO
Yesterday, 965,214 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 493,750 put contracts. The single-session put/call was 0.51 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
Building Permits July 08:30
Core CPI July 08:30
CPI July 08:30
Housing Starts July 08:30
Capacity Utilization July 09:15
Industrial Production July 09:15
EARNINGS EXPECTED TODAY:
AAP
ATHM
HTHT
COTY
CREE
DKS
HAIN
HD
JKHY
MOMO
TJX
URBN
Today's optimal covered call on S&P Oil & Gas Exploration & Prod SPDR has an assigned return rate of 2.68%. To enter this trade, buy 100 shares of XOP stock at 36.81 per share and selling one contract of the S&P Oil & Gas Exploration & Prod SPDR Sep 2016 36 call for 1.75 for a net debit of $ 35.06 per share. This trade lasts 31 days, giving it an annualized return rate of 31.57%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Diamondback Energy has an assigned return rate of 2.65%. To enter this trade, buy 100 shares of FANG stock at 96.45 per share and selling one contract of the Diamondback Energy Sep 2016 95 call for 3.90 for a net debit of $ 92.55 per share. This trade lasts 31 days, giving it an annualized return rate of 31.17%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Trinseo S.A. has an assigned return rate of 2.63%. To enter this trade, buy 100 shares of TSE stock at 55.69 per share and selling one contract of the Trinseo S.A. Sep 2016 55 call for 2.10 for a net debit of $ 53.59 per share. This trade lasts 31 days, giving it an annualized return rate of 30.98%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Nordstrom has an assigned return rate of 2.62%. To enter this trade, buy 100 shares of JWN stock at 52.96 per share and selling one contract of the Nordstrom Sep 2016 52.5 call for 1.80 for a net debit of $ 51.16 per share. This trade lasts 31 days, giving it an annualized return rate of 30.84%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Silver Wheaton has an assigned return rate of 10.09%. To enter this trade, buy 100 shares of SLW stock at 30.75 per share and selling one contract of the Silver Wheaton Dec 2016 30 call for 3.50 for a net debit of $ 27.25 per share. This trade lasts 122 days, giving it an annualized return rate of 30.19%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Charter Communications has an assigned return rate of 2.56%. To enter this trade, buy 100 shares of CHTR stock at 260.51 per share and selling one contract of the Charter Communications Sep 2016 260 call for 7.00 for a net debit of $ 253.51 per share. This trade lasts 31 days, giving it an annualized return rate of 30.14%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on NXP Semiconductors has an assigned return rate of 2.56%. To enter this trade, buy 100 shares of NXPI stock at 88.52 per share and selling one contract of the NXP Semiconductors Sep 2016 87.5 call for 3.20 for a net debit of $ 85.32 per share. This trade lasts 31 days, giving it an annualized return rate of 30.08%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Popular has an assigned return rate of 2.55%. To enter this trade, buy 100 shares of BPOP stock at 37.13 per share and selling one contract of the Popular Sep 2016 37 call for 1.05 for a net debit of $ 36.08 per share. This trade lasts 31 days, giving it an annualized return rate of 30.02%. The risk assessment of this trade is 3 keys, (Moderate relative risk).
Today's optimal covered call on Cognex has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of CGNX stock at 50.31 per share and selling one contract of the Cognex Sep 2016 50 call for 1.55 for a net debit of $ 48.76 per share. This trade lasts 31 days, giving it an annualized return rate of 29.94%. The risk assessment of this trade is 2 keys, (Considerable relative risk).
Today's optimal covered call on Ellie Mae Inc has an assigned return rate of 2.54%. To enter this trade, buy 100 shares of ELLI stock at 97.55 per share and selling one contract of the Ellie Mae Inc Sep 2016 95 call for 4.90 for a net debit of $ 92.65 per share. This trade lasts 31 days, giving it an annualized return rate of 29.86%. 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. 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
Luxoft Holdings (LXFT), Performance Sports (PSG) and Hain Celestial (HAIN) were downgraded by analysts this morning. Agilent Technologies, Inc. (A), Dick's Sporting Goods Inc. (DKS), and Vipshop Holdings Limited (VIPS) are early risers, while The Hain Celestial Group, Inc. (HAIN), Weight Watchers International, Inc. (WTW). and Advance Auto Parts Inc. (AAP) are down.
INTERNATIONAL MARKETS
Asian markets finished lower Tuesday as the Japanese yen grew stronger. The Shanghai was down 0.49% while the Nikkei was down 1.62%. In Europe, stocks are moving lower today though mining stocks are remaining strong. The FTSE is down 0.32%, while the The DAX is down 0.67%.
FUTURES & CURRENCIES
Energy futures are higher today. The price for West Texas Intermediate crude oil is up $0.24 to $45.98 per barrel, while natural gas is up $0.02 to $2.61. Metals prices are up. Gold is up $11.60 to $1,359.10 per ounce and platinum is up $25.30 at $1,141.60. The Dollar is down versus the Euro and the Yen.
PUT/CALL RATIO
Yesterday, 965,214 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 493,750 put contracts. The single-session put/call was 0.51 while the 20-day moving average is now at 0.62.
TODAY'S ECONOMIC CALENDAR
Building Permits July 08:30
Core CPI July 08:30
CPI July 08:30
Housing Starts July 08:30
Capacity Utilization July 09:15
Industrial Production July 09:15
EARNINGS EXPECTED TODAY:
AAP
ATHM
HTHT
COTY
CREE
DKS
HAIN
HD
JKHY
MOMO
TJX
URBN
