MORNING UPDATE: PriceWatch Alerts for BHI and More... for 2022-02-01 |
PriceWatch Alerts for BHI, OIL, GLD, GIS, SLV, CAG, ILF, DBA, DBC, and EWH. Today's optimal covered call on Baker Hughes A Ge Co. Cl A has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of BKR stock at $27.44 per share and sell one contract of the Baker Hughes A Ge Co. Cl A March 18, 2022 27 call for $1.66 for a net debit of $25.78 per share. This trade lasts 45 days, giving it an annualized return rate of 37.7% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Ipath Pure Beta Crude Oil ETN has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of OIL stock at $26.89 per share and sell one contract of the Ipath Pure Beta Crude Oil ETN April 14, 2022 26 call for $2.25 for a net debit of $24.64 per share. This trade lasts 72 days, giving it an annualized return rate of 27.5% The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Gold SPDR has an assigned return rate of 0.8%. To enter this trade, buy 100 shares of GLD stock at $168.09 per share and sell one contract of the Gold SPDR February 11, 2022 167.5 call for $1.96 for a net debit of $166.13 per share. This trade lasts 10 days, giving it an annualized return rate of 27.4% The risk assessment of this trade is 4 keys, (Low relative risk). Today's optimal covered call on General Mills has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of GIS stock at $68.68 per share and sell one contract of the General Mills March 18, 2022 67.5 call for $2.68 for a net debit of $66.00 per share. This trade lasts 45 days, giving it an annualized return rate of 18.0% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Silver Trust Ishares has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of SLV stock at $20.80 per share and sell one contract of the Silver Trust Ishares June 17, 2022 20 call for $1.84 for a net debit of $18.96 per share. This trade lasts 136 days, giving it an annualized return rate of 14.6% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of CAG stock at $34.76 per share and sell one contract of the Conagra Brands Inc June 17, 2022 34 call for $2.33 for a net debit of $32.43 per share. This trade lasts 136 days, giving it an annualized return rate of 12.9% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Latin America 40 Ishares ETF has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of ILF stock at $25.47 per share and sell one contract of the Latin America 40 Ishares ETF June 17, 2022 25 call for $1.56 for a net debit of $23.91 per share. This trade lasts 136 days, giving it an annualized return rate of 12.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on DB Agriculture Fund Invesco has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of DBA stock at $20.19 per share and sell one contract of the DB Agriculture Fund Invesco July 15, 2022 20 call for $1.07 for a net debit of $19.12 per share. This trade lasts 164 days, giving it an annualized return rate of 10.2% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on DB Commodity Index Fund Invesco has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of DBC stock at $22.42 per share and sell one contract of the DB Commodity Index Fund Invesco July 15, 2022 22 call for $1.38 for a net debit of $21.04 per share. This trade lasts 164 days, giving it an annualized return rate of 10.1% The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on Hong Kong Ishares MSCI ETF has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of EWH stock at $23.71 per share and sell one contract of the Hong Kong Ishares MSCI ETF September 16, 2022 23 call for $1.58 for a net debit of $22.13 per share. This trade lasts 227 days, giving it an annualized return rate of 6.3% 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)! 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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 United Parcel Service, Inc. (UPS), FedEx Corporation (FDX) and Catalent Inc (CTLT) are moving higher this morning, while AT&T Inc. (T), Stanley Black & Decker, Inc. (SWK) and Deere & Company (DE) are headed lower. Albemarle Corporation (ALB), Autoliv Inc. (ALV) and Mirati Therapeutics Inc (MRTX) were upgraded by analysts this morning, while Alteryx Inc (AYX), Tabula Rasa HealthCare Inc (TRHC) and Kemper Corp (KMPR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 1.46%, the Australia ASX All Ordinaries is up 0.61%, the Hang Seng is up 0.53% the Nikkei 225 is up 0.28% and the Shanghai SE Composite Index is down -0.97%. In Europe stocks are up. The CAC 40 is up 1.3%, the DAX is up 1.22%, the FTSE 100 is up 1.13% and the Euro Stoxx 50 is up 0.24%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down -0.77 at 87.8 per barrel. Brent crude is down -0.77 at 88.49 per barrel. Natural Gas is down -0.18 at 4.69. Precious metals are up this morning. Gold is up 6.31 at 18103.48 per ounce. Platinum is up 19.92 at 1041.75 while silver is up 0.62 at 23. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound. Bitcoin is up 4.43% to $38,714.23 while Ethereum is up 9.51% to $2,786.11. Equity PUT/CALL RATIO Yesterday, 1,453,611 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 771,109 put contracts. The single-session put/call ratio was 0.53. TODAY'S ECONOMIC CALENDAR Construction Spending Dec 10:00 ET ISM Manufacturing Index Jan 10:00 ET EARNINGS EXPECTED TODAY: GOOG, BABA, XOM, PYPL, UPS, AMD, AMGN, SBUX, GILD, CB, GM, UBS, EPD, EA |