MORNING UPDATE: PriceWatch Alerts for CIEN and More... for 2016-06-08 |
| PriceWatch Alerts for CIEN, MMP, DF, TEVA, PDCO ,CSCO, SBH, A, BAM and DISCA. Today's optimal covered call on CIENA Corp has an assigned return rate of 12.96%. To enter this trade, buy 100 shares of CIEN stock at 21.27 per share and selling one contract of the CIENA Corp Jan 2017 21 call for 2.68 for a net debit of $ 18.59 per share. This trade lasts 227 days, giving it an annualized return rate of 20.85%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Magellan Midstream Partners LP has an assigned return rate of 2.11%. To enter this trade, buy 100 shares of MMP stock at 73.2 per share and selling one contract of the Magellan Midstream Partners LP Jul 2016 72.5 call for 2.2 for a net debit of $ 71 per share. This trade lasts 38 days, giving it an annualized return rate of 20.29%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Dean Foods Co has an assigned return rate of 5.51%. To enter this trade, buy 100 shares of DF stock at 18.26 per share and selling one contract of the Dean Foods Co Sep 2016 18 call for 1.2 for a net debit of $ 17.06 per share. This trade lasts 101 days, giving it an annualized return rate of 19.91%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Teva Pharmaceutical Industries Ltd has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of TEVA stock at 54.69 per share and selling one contract of the Teva Pharmaceutical Industries Ltd Jul 2016 52.5 call for 3.25 for a net debit of $ 51.44 per share. This trade lasts 38 days, giving it an annualized return rate of 19.79%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Patterson Companies Inc has an assigned return rate of 2%. To enter this trade, buy 100 shares of PDCO stock at 49.19 per share and selling one contract of the Patterson Companies Inc Jul 2016 49 call for 1.15 for a net debit of $ 48.04 per share. This trade lasts 38 days, giving it an annualized return rate of 19.19%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Cisco Systems Inc has an assigned return rate of 3.24%. To enter this trade, buy 100 shares of CSCO stock at 29.1 per share and selling one contract of the Cisco Systems Inc Aug 2016 29 call for 1.01 for a net debit of $ 28.09 per share. This trade lasts 73 days, giving it an annualized return rate of 16.2%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Sally Beauty has an assigned return rate of 4.46%. To enter this trade, buy 100 shares of SBH stock at 30.57 per share and selling one contract of the Sally Beauty Sep 2016 30 call for 1.85 for a net debit of $ 28.72 per share. This trade lasts 101 days, giving it an annualized return rate of 16.11%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Agilent Technologies Inc. has an assigned return rate of 3.14%. To enter this trade, buy 100 shares of A stock at 45.86 per share and selling one contract of the Agilent Technologies Inc. Aug 2016 45 call for 2.23 for a net debit of $ 43.63 per share. This trade lasts 73 days, giving it an annualized return rate of 15.7%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Brookfield Asset Management Inc has an assigned return rate of 4.23%. To enter this trade, buy 100 shares of BAM stock at 35.13 per share and selling one contract of the Brookfield Asset Management Inc Sep 2016 35 call for 1.55 for a net debit of $ 33.58 per share. This trade lasts 101 days, giving it an annualized return rate of 15.28%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Discovery Holding Company has an assigned return rate of 5.65%. To enter this trade, buy 100 shares of DISCA stock at 28.88 per share and selling one contract of the Discovery Holding Company Oct 2016 27.5 call for 2.85 for a net debit of $ 26.03 per share. This trade lasts 136 days, giving it an annualized return rate of 15.16%. 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Intevac (IVAC), Green Bancorp (GNBC) and Dover (DOV) were upgraded by analysts this morning, while Ralph Lauren (RL), VeriFone (PAY) and Manitowoc Foodservice (MFS) were downgraded. LendingClub Corporation (LC), AngloGold Ashanti Ltd. (AU), and Lululemon Athletica Inc. (LULU) are early risers, while VeriFone Systems, Inc. (PAY), Marathon Oil Corporation (MRO) and Nokia Corporation (NOK) are down. INTERNATIONAL MARKETS Asian markets finished mixed Wednesday as Chinese stocks moved lower ahead of upcoming economic reports. The Shanghai was down 0.30% while the Nikkei was up 0.93%. In Europe markets are down today as the European Central Bank begins its corporate bond buying program. The FTSE is down 0.01%, while the DAX is down 0.41%. FUTURES & CURRENCIES Energy futures are higher today. The price for West Texas Intermediate crude oil is up $0.76 to $51.12 per barrel, while natural gas is up $0.01 to $2.49. Metals prices are higher today. Gold is up $11.50 to $1,258.50 per ounce and platinum is up $17 to $1,016.40. The Dollar is down versus the Euro and the Yen. PUT/CALL RATIO Yesterday, 687,728 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 417,695 put contracts. The single-session put/call was 0.61 while the 20-day moving average is now at 0.68. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 06/04 07:00 JOLTS - Job Openings Apr 10:00 Crude Inventories 06/04 10:30 EARNINGS EXPECTED TODAY: ABM CMN FGP GEF LULU RH |
