MORNING UPDATE: PriceWatch Alerts for EIX and More... for 2016-06-23 |
| PriceWatch Alerts for EIX, D, SCG, DRE, AEP ,ES, DUK, ED, NEE and SO. Today's optimal covered call on Edison International has an assigned return rate of 2.78%. To enter this trade, buy 100 shares of EIX stock at 73.84 per share and selling one contract of the Edison International Oct 2016 72.5 call for 3.3 for a net debit of $ 70.54 per share. This trade lasts 120 days, giving it an annualized return rate of 8.45%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dominion Resources Inc. has an assigned return rate of 2.71%. To enter this trade, buy 100 shares of D stock at 73.79 per share and selling one contract of the Dominion Resources Inc. Oct 2016 72.5 call for 3.2 for a net debit of $ 70.59 per share. This trade lasts 120 days, giving it an annualized return rate of 8.23%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on SCANA Corp. has an assigned return rate of 3.28%. To enter this trade, buy 100 shares of SCG stock at 71.48 per share and selling one contract of the SCANA Corp. Nov 2016 70 call for 3.7 for a net debit of $ 67.78 per share. This trade lasts 148 days, giving it an annualized return rate of 8.08%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Duke Realty Corp. has an assigned return rate of 3.82%. To enter this trade, buy 100 shares of DRE stock at 25.33 per share and selling one contract of the Duke Realty Corp. Dec 2016 25 call for 1.25 for a net debit of $ 24.08 per share. This trade lasts 176 days, giving it an annualized return rate of 7.92%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on American Electric Power Co Inc. has an assigned return rate of 3.01%. To enter this trade, buy 100 shares of AEP stock at 66.5 per share and selling one contract of the American Electric Power Co Inc. Nov 2016 65 call for 3.4 for a net debit of $ 63.1 per share. This trade lasts 148 days, giving it an annualized return rate of 7.43%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Eversource Energy has an assigned return rate of 2.44%. To enter this trade, buy 100 shares of ES stock at 56.69 per share and selling one contract of the Eversource Energy Oct 2016 55 call for 3 for a net debit of $ 53.69 per share. This trade lasts 120 days, giving it an annualized return rate of 7.42%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Duke Energy Corp. has an assigned return rate of 2.39%. To enter this trade, buy 100 shares of DUK stock at 81.83 per share and selling one contract of the Duke Energy Corp. Oct 2016 80 call for 3.7 for a net debit of $ 78.13 per share. This trade lasts 120 days, giving it an annualized return rate of 7.28%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Consolidated Edison Inc. has an assigned return rate of 2.94%. To enter this trade, buy 100 shares of ED stock at 77.16 per share and selling one contract of the Consolidated Edison Inc. Nov 2016 75 call for 4.3 for a net debit of $ 72.86 per share. This trade lasts 148 days, giving it an annualized return rate of 7.24%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on NextEra Energy Inc. has an assigned return rate of 3.15%. To enter this trade, buy 100 shares of NEE stock at 123.64 per share and selling one contract of the NextEra Energy Inc. Dec 2016 120 call for 7.3 for a net debit of $ 116.34 per share. This trade lasts 176 days, giving it an annualized return rate of 6.52%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Southern Co (The) has an assigned return rate of 2.61%. To enter this trade, buy 100 shares of SO stock at 50.85 per share and selling one contract of the Southern Co (The) Nov 2016 50 call for 2.12 for a net debit of $ 48.73 per share. This trade lasts 148 days, giving it an annualized return rate of 6.43%. The risk assessment of this trade is 2 keys, (Considerable 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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ArcelorMittal(MT), SeaDrill Limited (SDRL), and Deutsche Bank AG (DB) are early risers, while North European Oil Royalty Trust (NRT), Steelcase Inc. (SCS) and Red Hat, Inc. (RHT) are down. INTERNATIONAL MARKETS Asian markets finished mixed Thursday with Japanese stocks moving higher. The Shanghai was down 0.47% while the Nikkei was up 1.07%. European stocks are higher today as the U.K. heads to the polls to determine whether Britain remains in the European Union. The FTSE is up 1.15%, while the DAX is up 1.76%. FUTURES & CURRENCIES Energy futures are mixed. The price for West Texas Intermediate crude oil is up $0.84 to $49.97 per barrel, while natural gas is down $0.01 to $2.69. Metals prices are down. Gold is down $3.80 to $1,266.20 per ounce and platinum is up $7.20 to $976.30. The Dollar is down versus the Euro and up against the Yen. PUT/CALL RATIO Yesterday, 551,054 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 424,543 put contracts. The single-session put/call was 0.77 while the 20-day moving average is now at 0.65. TODAY'S ECONOMIC CALENDAR Initial Claims 06/18 08:30 Continuing Claims 06/11 08:30 New Home Sales May 10:00 Natural Gas Inventories 06/18 10:30 EARNINGS EXPECTED TODAY: ACN CMC SONC SNX |
