MORNING UPDATE: PriceWatch Alerts for DGX and More... for 2016-04-27 |
PriceWatch Alerts for DGX, STLD, CE, ITW, GPN ,JCI, USB, CCI, CAG and RS Today's optimal covered call on Quest Diagnostics Inc has an assigned return rate of 2.39%. To enter this trade, buy 100 shares of DGX stock at 75.7 per share and selling one contract of the Quest Diagnostics Inc Jun 2016 75 call for 2.45 for a net debit of $ 73.25 per share. This trade lasts 51 days, giving it an annualized return rate of 17.1%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Steel Dynamics Inc has an assigned return rate of 5.31%. To enter this trade, buy 100 shares of STLD stock at 24.54 per share and selling one contract of the Steel Dynamics Inc Aug 2016 24 call for 1.75 for a net debit of $ 22.79 per share. This trade lasts 114 days, giving it an annualized return rate of 17%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Celanese Corp has an assigned return rate of 2.34%. To enter this trade, buy 100 shares of CE stock at 71.4 per share and selling one contract of the Celanese Corp Jun 2016 70 call for 3 for a net debit of $ 68.4 per share. This trade lasts 51 days, giving it an annualized return rate of 16.74%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Illinois Tool Works Inc. has an assigned return rate of 2.22%. To enter this trade, buy 100 shares of ITW stock at 105.42 per share and selling one contract of the Illinois Tool Works Inc. Jun 2016 105 call for 2.7 for a net debit of $ 102.72 per share. This trade lasts 51 days, giving it an annualized return rate of 15.89%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Global Payments Inc. has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of GPN stock at 73.19 per share and selling one contract of the Global Payments Inc. Jun 2016 70 call for 4.7 for a net debit of $ 68.49 per share. This trade lasts 51 days, giving it an annualized return rate of 15.78%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Johnson Controls Inc. has an assigned return rate of 2.16%. To enter this trade, buy 100 shares of JCI stock at 42.21 per share and selling one contract of the Johnson Controls Inc. Jun 2016 42 call for 1.1 for a net debit of $ 41.11 per share. This trade lasts 51 days, giving it an annualized return rate of 15.49%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on U.S. Bancorp has an assigned return rate of 2.11%. To enter this trade, buy 100 shares of USB stock at 43.37 per share and selling one contract of the U.S. Bancorp Jun 2016 43 call for 1.26 for a net debit of $ 42.11 per share. This trade lasts 51 days, giving it an annualized return rate of 15.13%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Crown Castle International Corp has an assigned return rate of 2.09%. To enter this trade, buy 100 shares of CCI stock at 87.56 per share and selling one contract of the Crown Castle International Corp Jun 2016 87.5 call for 1.85 for a net debit of $ 85.71 per share. This trade lasts 51 days, giving it an annualized return rate of 14.95%. 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 2.09%. To enter this trade, buy 100 shares of CAG stock at 44.6 per share and selling one contract of the ConAgra Foods Inc. Jun 2016 44 call for 1.5 for a net debit of $ 43.1 per share. This trade lasts 51 days, giving it an annualized return rate of 14.94%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on Reliance Steel & Aluminum Co has an assigned return rate of 2.07%. To enter this trade, buy 100 shares of RS stock at 72.48 per share and selling one contract of the Reliance Steel & Aluminum Co Jun 2016 70 call for 3.9 for a net debit of $ 68.58 per share. This trade lasts 51 days, giving it an annualized return rate of 14.82%. 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. 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STOCKS ON THE MOVE PACCAR (PCAR), Liberty Properties (LPT) and JetBlue Airways (JBLU) were upgraded by analysts this morning, while Interface (TILE), Crocs (CROX) and El Pollo Loco (LOCO) were downgraded. DreamWorks Animation SKG Inc. (DWA), Barracuda Networks, Inc. (CUDA), and SeaDrill Limited(SDRL) are early risers, while Apple Inc. (AAPL), Intrexon Corporation (XON) and Chipotle Mexican Grill, Inc.(CMG) are down. INTERNATIONAL MARKETS Asian markets finished lower Wednesday as investors there look to today?s U.S.Federal Reserve meeting. The Nikkei was down 0.36% while the Shanghai was up 0.37%. In Europe, markets are moving higher as investors there digested corporate earnings results. The FTSE is up 0.15%, while the DAX is up 0.47%. FUTURES & CURRENCIES Energy futures are higher this morning. The price for West Texas Intermediate crude oil is up $1.03 to $45.07 per barrel, while natural gas is up $0.01 to $2.17. Metals prices are higher today. Gold is up $6.10 to $1,249.50 per ounce and platinum is up $0.70 to $1,020.80. The Dollar is down versus the Euro and the Yen. PUT/CALL RATIO Yesterday, 872,326 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 458,647 put contracts. The single-session put/call was 0.53 while the 20-day moving average is now at 0.67. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 04/23 07:00 Pending Home Sales Mar 10:00 Crude Inventories 04/23 10:30 FOMC Rate Decision Apr 14:00 EARNINGS EXPECTED TODAY: AOS ACCO ADT AGCO ALGT AEL AMP AMSF AMKR AM AR ANTM ACGL ASH AF ATNI AVB AVY AVG BHI BGCP BKFS BLKB BA BOKF BSX BCR CACI ELY CMO CSL CG CAVM CBL CAKE CMPR MYCC CNO CDE CMCSA FIX CNMD CSGP CFR DWRE DXCM DHX DGI DLB DPS DRE ESRT EIG EFX EQY EEFT EVER EVR FB FDML FNF FR FSLR FI BEN GCI GRMN GD GT GPI HES HLT HOLX HY IBKC INFN IART TILE IP JLL KS KRC KIM KEX LLL LQ LEA LDOS LXRX LOCK CLI MANT MKTX MAR MSTR MDLZ NDAQ NTGR NEU NE NOC NS NSH ORLY OIS ASGN OSIS OC PRXL PYPL PEB PPC PRAH PB QEP QGEN KWR STR RDN RCII ROIC RNG ROK ROL RES SC STNG SCI SFLY SLGN SLAB SIMO SIX SJW SO SSS TRK STT TGNA TER TTEK TXN TPL TKR TPH UCBI UTX UHS UNM VLY VAR WOOF VGR VRTX GRA WRE WCN WEX WLL XLNX XL This Morning Update was prepared with data and information provided by: |