MORNING UPDATE: PriceWatch Alerts for ADBE and More... for 2016-07-06 |
| PriceWatch Alerts for ADBE, ORCL, XRT, CMC, CAG ,XLV, XLY, ADP, XLI and ITB. Today's optimal covered call on Adobe Systems Inc. has an assigned return rate of 2.29%. To enter this trade, buy 100 shares of ADBE stock at 94.73 per share and selling one contract of the Adobe Systems Inc. Aug 2016 92.5 call for 4.3 for a net debit of $ 90.43 per share. This trade lasts 44 days, giving it an annualized return rate of 18.99%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Oracle Corp. has an assigned return rate of 2.25%. To enter this trade, buy 100 shares of ORCL stock at 40.4 per share and selling one contract of the Oracle Corp. Aug 2016 40 call for 1.28 for a net debit of $ 39.12 per share. This trade lasts 44 days, giving it an annualized return rate of 18.66%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on S&P Retail SPDR has an assigned return rate of 2.22%. To enter this trade, buy 100 shares of XRT stock at 41.66 per share and selling one contract of the S&P Retail SPDR Aug 2016 41 call for 1.55 for a net debit of $ 40.11 per share. This trade lasts 44 days, giving it an annualized return rate of 18.41%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Commercial Metals Co. has an assigned return rate of 8.11%. To enter this trade, buy 100 shares of CMC stock at 16.3 per share and selling one contract of the Commercial Metals Co. Dec 2016 16 call for 1.5 for a net debit of $ 14.8 per share. This trade lasts 163 days, giving it an annualized return rate of 18.16%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on ConAgra Foods Inc. has an assigned return rate of 2.11%. To enter this trade, buy 100 shares of CAG stock at 47.73 per share and selling one contract of the ConAgra Foods Inc. Aug 2016 47 call for 1.7 for a net debit of $ 46.03 per share. This trade lasts 44 days, giving it an annualized return rate of 17.48%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Healthcare Select Sector SPDR has an assigned return rate of 2.07%. To enter this trade, buy 100 shares of XLV stock at 72.09 per share and selling one contract of the Healthcare Select Sector SPDR Aug 2016 72 call for 1.55 for a net debit of $ 70.54 per share. This trade lasts 44 days, giving it an annualized return rate of 17.17%. 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 2.05%. To enter this trade, buy 100 shares of XLY stock at 78.23 per share and selling one contract of the Consumer Discret Select Sector SPDR Aug 2016 78 call for 1.8 for a net debit of $ 76.43 per share. This trade lasts 44 days, giving it an annualized return rate of 17.04%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Automatic Data Processing Inc. has an assigned return rate of 2.03%. To enter this trade, buy 100 shares of ADP stock at 93.31 per share and selling one contract of the Automatic Data Processing Inc. Aug 2016 92.5 call for 2.65 for a net debit of $ 90.66 per share. This trade lasts 44 days, giving it an annualized return rate of 16.84%. 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 2.46%. To enter this trade, buy 100 shares of XLI stock at 55.68 per share and selling one contract of the Industrial Select Sector SPDR Sep 2016 55 call for 2 for a net debit of $ 53.68 per share. This trade lasts 72 days, giving it an annualized return rate of 12.47%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on iShares DJ US Home Construction has an assigned return rate of 3.45%. To enter this trade, buy 100 shares of ITB stock at 27.65 per share and selling one contract of the iShares DJ US Home Construction Oct 2016 27 call for 1.55 for a net debit of $ 26.1 per share. This trade lasts 107 days, giving it an annualized return rate of 11.76%. 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 Legacy Reserves (LGCY) was upgraded by analysts this morning, while Anheuser-Busch InBev (BUD) was downgraded. Nortek Inc. (NTK), McEwen Mining Inc (MUX), and Harmony Gold Mining Company Limited (HMY) are early risers, while The Royal Bank of Scotland Group plc (RBS), AEGON N.V. (AEG) and Deutsche Bank AG (DB) are down. INTERNATIONAL MARKETS Asian stocks finished mixed Tuesday as a stronger Yen weakened Japanese shares. The Shanghai was up 0.36% while the Nikkei was down 1.85%. In Europe stocks are lower as worries over the Brexit vote returned for investors. The FTSE is down 1.54%, while the Dax is down 1.88%. FUTURES & CURRENCIES Energy futures are lower. The price for West Texas Intermediate crude oil is down $0.52 to $46.08 per barrel, while natural gas is down $0.05 to $2.70. Metals prices are mixed today. Gold is up $14.40 to $1,373.10 per ounce and platinum is down $7.00 to $1069.90. The Dollar is down versus the Euro and the Yen. PUT/CALL RATIO Yesterday, 591,119 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 432,070 put contracts. The single-session put/call was 0.73 while the 20-day moving average is now at 0.7. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 07/02 07:00 Trade Balance May 08:30 ISM Services Jun 10:00 FOMC Minutes Jun 15 14:00 EARNINGS EXPECTED TODAY: MSM WBA |
