MORNING UPDATE: PriceWatch Alerts for MGM and More... for 2016-06-14 |
PriceWatch Alerts for MGM, TRMB, IM, CA, KO ,MDT, PLD, VZ, WCN and SCG. Today's optimal covered call on MGM MIRAGE has an assigned return rate of 5.94%. To enter this trade, buy 100 shares of MGM stock at 24.12 per share and selling one contract of the MGM MIRAGE Sep 2016 23 call for 2.41 for a net debit of $ 21.71 per share. This trade lasts 94 days, giving it an annualized return rate of 23.07%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Trimble Navigation Ltd has an assigned return rate of 3.99%. To enter this trade, buy 100 shares of TRMB stock at 25.94 per share and selling one contract of the Trimble Navigation Ltd Aug 2016 25 call for 1.9 for a net debit of $ 24.04 per share. This trade lasts 66 days, giving it an annualized return rate of 22.08%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ingram Micro Inc. has an assigned return rate of 5%. To enter this trade, buy 100 shares of IM stock at 34.83 per share and selling one contract of the Ingram Micro Inc. Sep 2016 33 call for 3.4 for a net debit of $ 31.43 per share. This trade lasts 94 days, giving it an annualized return rate of 19.4%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on CA Inc has an assigned return rate of 2.86%. To enter this trade, buy 100 shares of CA stock at 32.76 per share and selling one contract of the CA Inc Aug 2016 32 call for 1.65 for a net debit of $ 31.11 per share. This trade lasts 66 days, giving it an annualized return rate of 15.82%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Coca-Cola Co (The) has an assigned return rate of 2.69%. To enter this trade, buy 100 shares of KO stock at 45.12 per share and selling one contract of the Coca-Cola Co (The) Aug 2016 45 call for 1.3 for a net debit of $ 43.82 per share. This trade lasts 66 days, giving it an annualized return rate of 14.89%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Medtronic Inc. has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of MDT stock at 85.7 per share and selling one contract of the Medtronic Inc. Aug 2016 85 call for 2.77 for a net debit of $ 82.93 per share. This trade lasts 66 days, giving it an annualized return rate of 13.8%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on ProLogis has an assigned return rate of 2.45%. To enter this trade, buy 100 shares of PLD stock at 49.98 per share and selling one contract of the ProLogis Aug 2016 49 call for 2.15 for a net debit of $ 47.83 per share. This trade lasts 66 days, giving it an annualized return rate of 13.53%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Verizon Communications Inc has an assigned return rate of 2.44%. To enter this trade, buy 100 shares of VZ stock at 52.57 per share and selling one contract of the Verizon Communications Inc Aug 2016 52.5 call for 1.32 for a net debit of $ 51.25 per share. This trade lasts 66 days, giving it an annualized return rate of 13.49%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Waste Connections Inc. has an assigned return rate of 2.31%. To enter this trade, buy 100 shares of WCN stock at 72.32 per share and selling one contract of the Waste Connections Inc. Aug 2016 70 call for 3.9 for a net debit of $ 68.42 per share. This trade lasts 66 days, giving it an annualized return rate of 12.77%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on SCANA Corp has an assigned return rate of 2.29%. To enter this trade, buy 100 shares of SCG stock at 71.43 per share and selling one contract of the SCANA Corp Aug 2016 70 call for 3 for a net debit of $ 68.43 per share. This trade lasts 66 days, giving it an annualized return rate of 12.69%. 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 Cheniere Energy (LNG), MSA Safety (MSA) and Achaogen (AKAO) were upgraded by analysts this morning, while Cadence Design (CDNS), LinkedIn (LNKD) and Navistar (NAV) were downgraded. Yingli Green Energy Holding Co. Ltd.(YGE), Helmerich & Payne, Inc. (HP), and Valeant Pharmaceuticals International, Inc. (VRX) are early risers, while AK Steel Holding Corporation (AKS), Chesapeake Energy Corporation (CHK) and Baidu, Inc. (BIDU) are down. INTERNATIONAL MARKETS Asian markets were mixed Tuesday with China shares rising ahead of a decision to add securities to an emerging markets index. The Shanghai was up 0.32% while the Nikkei was down 1.00%. In Europe stocks are down today as "Brexit" concerns continue to weigh on markets. The FTSE is down 1.17%, while the DAX is down 0.77%. FUTURES & CURRENCIES Energy futures are lower today. The price for West Texas Intermediate crude oil is down $0.73 to $48.15 per barrel, while natural gas is down $0.02 to $2.55. Metals prices are mixed. Gold is up $0.40 to $1,287.30 per ounce and platinum is down $7.20 to $988.10. The Dollar is up versus the Euro and down against the Yen. PUT/CALL RATIO Yesterday, 643171 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 482939 put contracts. The single-session put/call was 0.750871852120198 while the 20-day moving average is now at 0.66. TODAY'S ECONOMIC CALENDAR Export Prices ex-ag. May 08:30 Import Prices ex-oil May 08:30 Retail Sales May 08:30 Retail Sales ex-auto May 08:30 Business Inventories Apr 10:00 EARNINGS EXPECTED TODAY: No Earnings Expected |