MORNING UPDATE: PriceWatch Alerts for CMA and More... for 2016-04-21 |
PriceWatch Alerts for CMA, VMW, XLB, WFC, NTRS ,FRC, JPM, PGR, INFY, USB, DFS, RPM, XLY, XLI, and PAYX. Today's optimal covered call on Comerica Inc has an assigned return rate of 4.14%. To enter this trade, buy 100 shares of CMA stock at 42.35 per share and selling one contract of the Comerica Inc Jun 2016 42 call for 2.02 for a net debit of $ 40.33 per share. This trade lasts 57 days, giving it an annualized return rate of 26.52%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Vmware Inc. has an assigned return rate of 3.55%. To enter this trade, buy 100 shares of VMW stock at 58.53 per share and selling one contract of the Vmware Inc. Jun 2016 57.5 call for 3 for a net debit of $ 55.53 per share. This trade lasts 57 days, giving it an annualized return rate of 22.72%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Materials Select Sector SPDR has an assigned return rate of 2.46%. To enter this trade, buy 100 shares of XLB stock at 47.09 per share and selling one contract of the Materials Select Sector SPDR Jun 2016 47 call for 1.22 for a net debit of $ 45.87 per share. This trade lasts 57 days, giving it an annualized return rate of 15.77%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Wells Fargo & Co has an assigned return rate of 2.73%. To enter this trade, buy 100 shares of WFC stock at 50.45 per share and selling one contract of the Wells Fargo & Co Jul 2016 50 call for 1.78 for a net debit of $ 48.67 per share. This trade lasts 85 days, giving it an annualized return rate of 11.73%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Northern Trust Corp has an assigned return rate of 2.71%. To enter this trade, buy 100 shares of NTRS stock at 72.25 per share and selling one contract of the Northern Trust Corp Jul 2016 70 call for 4.1 for a net debit of $ 68.15 per share. This trade lasts 85 days, giving it an annualized return rate of 11.66%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on First Republic Bank has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of FRC stock at 72.04 per share and selling one contract of the First Republic Bank Aug 2016 70 call for 4.6 for a net debit of $ 67.44 per share. This trade lasts 120 days, giving it an annualized return rate of 11.55%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on JPMorgan Chase & Co. has an assigned return rate of 2.48%. To enter this trade, buy 100 shares of JPM stock at 64.24 per share and selling one contract of the JPMorgan Chase & Co. Jul 2016 62.5 call for 3.25 for a net debit of $ 60.99 per share. This trade lasts 85 days, giving it an annualized return rate of 10.63%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Progressive Corp (The) has an assigned return rate of 3.48%. To enter this trade, buy 100 shares of PGR stock at 33.44 per share and selling one contract of the Progressive Corp (The) Aug 2016 33 call for 1.55 for a net debit of $ 31.89 per share. This trade lasts 120 days, giving it an annualized return rate of 10.59%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Infosys Technologies Ltd has an assigned return rate of 7.82%. To enter this trade, buy 100 shares of INFY stock at 19.34 per share and selling one contract of the Infosys Technologies Ltd Jan 2017 18.75 call for 1.95 for a net debit of $ 17.39 per share. This trade lasts 274 days, giving it an annualized return rate of 10.42%. The risk assessment of this trade is 2 keys, (Considerable relative risk). Today's optimal covered call on U.S. Bancorp has an assigned return rate of 2.41%. To enter this trade, buy 100 shares of USB stock at 42.73 per share and selling one contract of the U.S. Bancorp Jul 2016 42 call for 1.72 for a net debit of $ 41.01 per share. This trade lasts 85 days, giving it an annualized return rate of 10.37%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Discover Financial Services Inc has an assigned return rate of 2.06%. To enter this trade, buy 100 shares of DFS stock at 56.84 per share and selling one contract of the Discover Financial Services Inc Jul 2016 55 call for 2.95 for a net debit of $ 53.89 per share. This trade lasts 85 days, giving it an annualized return rate of 8.84%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on RPM International Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of RPM stock at 51.44 per share and selling one contract of the RPM International Inc Aug 2016 50 call for 2.85 for a net debit of $ 48.59 per share. This trade lasts 120 days, giving it an annualized return rate of 8.83%. 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 3.4%. To enter this trade, buy 100 shares of XLY stock at 79.9 per share and selling one contract of the Consumer Discret Select Sector SPDR Sep 2016 79 call for 3.5 for a net debit of $ 76.4 per share. This trade lasts 148 days, giving it an annualized return rate of 8.39%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Industrial Select Sector SPDR has an assigned return rate of 3.28%. To enter this trade, buy 100 shares of XLI stock at 56.41 per share and selling one contract of the Industrial Select Sector SPDR Sep 2016 56 call for 2.19 for a net debit of $ 54.22 per share. This trade lasts 148 days, giving it an annualized return rate of 8.1%. The risk assessment of this trade is 3 keys, (Moderate relative risk). Today's optimal covered call on Paychex Inc has an assigned return rate of 2.96%. To enter this trade, buy 100 shares of PAYX stock at 53.39 per share and selling one contract of the Paychex Inc Sep 2016 52.5 call for 2.4 for a net debit of $ 50.99 per share. This trade lasts 148 days, giving it an annualized return rate of 7.3%. 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)! 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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 Southwest Bancorp (OKSB) was upgraded by analysts this morning, while Rockwell Automation (ROK) and Mobile Mini(MINI) were downgraded.Hecla Mining Co.(HL), General Motors Company (GM), and Coeur Mining, Inc.(CDE) are early risers, while Telefonaktiebolaget LM Ericsson (ERIC), Mattel, Inc.(MAT) and United Continental Holdings, Inc.(UAL) are down. INTERNATIONAL MARKETS Asian markets finished mixed Thursday as expectations grow for more Japanese stimulus. The Shanghai was down 0.66% while the Nikkei was up 2.70%. European markets are down today ahead of a European Central Bank meeting. The FTSE is down 0.47%, while the DAX is down 0.19%. FUTURES & CURRENCIES Energy futures are mixed this morning. The price for West Texas Intermediate crude oil is down $0.06 to $44.12 per barrel, while natural gas is up $0.01 to $2.19. Metals prices are higher. Gold is up $6.90 to $1,261.30 per ounce and platinum is up $9.60 to $1,037.70. The Dollar is down versus the Euro and the Yen. PUT/CALL RATIO Yesterday, 756,168 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 514,252 put contracts. The single-session put/call was 0.68while the 20-day moving average is now at 0.68. TODAY'S ECONOMIC CALENDAR Initial Claims 04/16 08:30 Continuing Claims 04/09 08:30 Philadelphia Fed Apr 08:30 FHFA Housing Price Index Feb 09:00 Leading Indicators Mar 10:00 Natural Gas Inventories 04/16 10:30 EARNINGS EXPECTED TODAY: SRCE AMD ALK ADS GOOGL AHL ASB AZZ BANC BK BBT BHE BIIB BJRI BX BNCN SAM BGG CFG CHCO CCI DHI DAN DHR DST ETFC WIRE FCS FCB FITB FAF FFBC FWRD GMT GM GBCI HBI HA HNI HOMB IMAX INDB JCI KCG KEY KNL LHO LAZ LAD MAN MXIM MDSO MSFT MORN NSC NUE NVR PACB PBCT PNK PJC PII POOL PPG PVTB PFPT PHM DGX RS COL STBA SLB SHW SFNC SSD SKX SNA SON LUV SWN SWK SBUX STC SIVB SWFT SYNT TCB TRV TRN UA UNP USG VZ V WRI WABC WAL YDKN |