MORNING UPDATE: PriceWatch Alerts for SCS and More... for 2018-10-05 |
| PriceWatch Alerts for SCS, DXJ, AAXJ, ORCL, DSW ,FFTY, DG, XLV, XLY and IWF. Today's optimal covered call on Steelcase has an assigned return rate of 5.61%. To enter this trade, buy 100 shares of SCS stock at 17.87 per share and selling one contract of the Steelcase Jan 2019 17.5 call for 1.30 for a net debit of $16.57 per share. This trade lasts 105 days, giving it an annualized return rate of 19.51%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Wisdomtree Japan Hedged Equity has an assigned return rate of 2.13%. To enter this trade, buy 100 shares of DXJ stock at 57.38 per share and selling one contract of the Wisdomtree Japan Hedged Equity Nov 2018 57 call for 1.57 for a net debit of $55.81 per share. This trade lasts 42 days, giving it an annualized return rate of 18.53%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares MSCI All Country Asia Ex Jpn Idx has an assigned return rate of 2.00%. To enter this trade, buy 100 shares of AAXJ stock at 66.94 per share and selling one contract of the iShares MSCI All Country Asia Ex Jpn Idx Nov 2018 66 call for 2.25 for a net debit of $64.70 per share. This trade lasts 42 days, giving it an annualized return rate of 17.46%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Oracle has an assigned return rate of 3.55%. To enter this trade, buy 100 shares of ORCL stock at 49.47 per share and selling one contract of the Oracle Dec 2018 49 call for 2.14 for a net debit of $47.32 per share. This trade lasts 77 days, giving it an annualized return rate of 16.82%. The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on DSW has an assigned return rate of 4.71%. To enter this trade, buy 100 shares of DSW stock at 32.75 per share and selling one contract of the DSW Jan 2019 30 call for 4.09 for a net debit of $28.64 per share. This trade lasts 105 days, giving it an annualized return rate of 16.37%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Innovator Ibd 50 Fund ETF has an assigned return rate of 2.88%. To enter this trade, buy 100 shares of FFTY stock at 36.34 per share and selling one contract of the Innovator Ibd 50 Fund ETF Dec 2018 36 call for 1.35 for a net debit of $34.99 per share. This trade lasts 77 days, giving it an annualized return rate of 13.68%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Dollar General has an assigned return rate of 3.45%. To enter this trade, buy 100 shares of DG stock at 104.45 per share and selling one contract of the Dollar General Jan 2019 100 call for 7.79 for a net debit of $96.65 per share. This trade lasts 105 days, giving it an annualized return rate of 12.01%. 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 2.53%. To enter this trade, buy 100 shares of XLV stock at 94.4 per share and selling one contract of the Healthcare Select Sector SPDR Dec 2018 94 call for 2.72 for a net debit of $91.68 per share. This trade lasts 77 days, giving it an annualized return rate of 11.99%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Consumer Discret Select Sector SPDR has an assigned return rate of 3.34%. To enter this trade, buy 100 shares of XLY stock at 113.08 per share and selling one contract of the Consumer Discret Select Sector SPDR Jan 2019 113 call for 3.75 for a net debit of $109.34 per share. This trade lasts 105 days, giving it an annualized return rate of 11.63%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on iShares Russell 1000 Growth Index has an assigned return rate of 3.37%. To enter this trade, buy 100 shares of IWF stock at 153.6 per share and selling one contract of the iShares Russell 1000 Growth Index Feb 2019 153 call for 5.59 for a net debit of $148.00 per share. This trade lasts 133 days, giving it an annualized return rate of 9.27%. 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? 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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 SCANA Corporation (SCG), Metlife Inc (MET) and TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO) are moving higher this morning, while Illumina, Inc. (ILMN), Costco Wholesale Corporation (COST) and HP Inc (HPQ) are headed lower. BJ's Restaurants, Inc. (BJRI), Boston Properties, Inc. (BXP) and Simon Property Group Inc (SPG) were upgraded by analysts this morning, while Super Micro Computer, Inc. (SMCI), HCP, Inc. (HCP) and Eastman Chemical Company (EMN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed.Chinese stocks are closed for a holiday. The Australia ASX All Ordinaries is up 0.11%, the Shanghai SE Composite Index is flat 0%, the Nikkei 225 is down -0.8% the Hang Seng is down -1.78% and the Mumbai Sensex is down -2.25%. Stocks in Europe are down. The FTSE 100 is down -0.75%, the DAX is down -0.74%, the CAC 40 is down -0.43% and the Euro Stoxx 50 is down -0.39%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up 0.3 at 74.63 per barrel. Brent crude is down -0.11 at 54.47 per barrel. Natural Gas is up 0.03 at 3.2. Precious metals are up this morning. Gold is up 2.49 at 1202.41 per ounce. Platinum is up 1.97 at 826.88 while silver is up 0.05 at 14.64. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. PUT/CALL RATIO Yesterday, 998,160 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 713,835 put contracts. The single-session put/call was 0.72 while the 20-day moving average is now at 0.59. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls Sep 08:30 Unemployment Rate Sep 08:30 Avg. Hourly Earnings Sep 08:30 Average Workweek Sep 08:30 Trade Balance Aug 08:30 Consumer Credit Aug 15:00 EARNINGS EXPECTED TODAY: None |
