MORNING UPDATE: PriceWatch Alerts for HEDJ and More... for 2023-02-07 |
PriceWatch Alerts for HEDJ, XLF, EWL, EPI, EWI, EWG, EWP, EWU, EWH, and UUP. Today's optimal covered call on Wisdomtree Europe Hedged Equity has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of HEDJ stock at $78.62 per share and sell one contract of the Wisdomtree Europe Hedged Equity May 19, 2023 78 call for $3.66 for a net debit of $74.96 per share. This trade lasts 101 days, giving it an annualized return rate of 14.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on S&P 500 Financials Sector SPDR has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of XLF stock at $36.58 per share and sell one contract of the S&P 500 Financials Sector SPDR April 21, 2023 36 call for $1.58 for a net debit of $35.00 per share. This trade lasts 73 days, giving it an annualized return rate of 14.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Switzerland Ishares MSCI ETF has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of EWL stock at $44.81 per share and sell one contract of the Switzerland Ishares MSCI ETF April 21, 2023 44 call for $1.89 for a net debit of $42.92 per share. This trade lasts 73 days, giving it an annualized return rate of 12.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Wisdomtree India Earnings Fund has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of EPI stock at $32.00 per share and sell one contract of the Wisdomtree India Earnings Fund July 21, 2023 31 call for $2.32 for a net debit of $29.68 per share. This trade lasts 164 days, giving it an annualized return rate of 9.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Italy Ishares MSCI ETF has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of EWI stock at $30.05 per share and sell one contract of the Italy Ishares MSCI ETF June 16, 2023 29 call for $2.02 for a net debit of $28.03 per share. This trade lasts 129 days, giving it an annualized return rate of 9.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Germany Ishares MSCI ETF has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of EWG stock at $28.08 per share and sell one contract of the Germany Ishares MSCI ETF July 21, 2023 27 call for $2.21 for a net debit of $25.87 per share. This trade lasts 164 days, giving it an annualized return rate of 9.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Spain Ishares MSCI ETF has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of EWP stock at $27.00 per share and sell one contract of the Spain Ishares MSCI ETF July 21, 2023 26 call for $2.08 for a net debit of $24.92 per share. This trade lasts 164 days, giving it an annualized return rate of 9.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on UK Ishares MSCI ETF has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of EWU stock at $31.93 per share and sell one contract of the UK Ishares MSCI ETF July 21, 2023 31 call for $2.02 for a net debit of $29.92 per share. This trade lasts 164 days, giving it an annualized return rate of 8.0%. 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 5.2%. To enter this trade, buy 100 shares of EWH stock at $21.70 per share and sell one contract of the Hong Kong Ishares MSCI ETF January 19, 2024 21 call for $1.74 for a net debit of $19.96 per share. This trade lasts 346 days, giving it an annualized return rate of 5.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on DB US Dollar Index Bullish Fund has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of UUP stock at $27.95 per share and sell one contract of the DB US Dollar Index Bullish Fund January 19, 2024 27 call for $2.01 for a net debit of $25.94 per share. This trade lasts 346 days, giving it an annualized return rate of 4.3%. 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 Catalent Inc (CTLT), Xylem Inc (XYL) and Halliburton Company (HAL) are moving higher this morning, while Dupont Denemours Inc (DD), Gartner Inc (IT) and Carrier Global Corp (CARR) are headed lower. Cipher Mining Inc (CIFR), Lockheed Martin Corp (LMT) and Kemper Corp (KMPR) were upgraded, while Adecoagro S.A. (AGRO), Bigcommerce Holdings Inc (BIGC) and SJW Corp (SJW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.36%, the Shanghai SE Composite Index is up 0.29%, the Nikkei 225 is down -0.03% the Mumbai Sensex is down -0.37% and the Australia ASX All Ordinaries is down -0.42%. In Europe stocks are mixed. The FTSE 100 is up 0.51%, the Euro Stoxx 50 is up 0.11%, the CAC 40 is up 0.1% and the DAX is down -0.07%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $ $1.08 at $75.19 per barrel. Brent crude is up $0.94 at $81.93 per barrel. Natural Gas is up $0.01 at $2.47. Precious metals are mixed this morning. Gold is up 2.38% at $1869.86 per ounce. Platinum is down -5.55% at $969.46 while silver is up 0.04% at $22.28. 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. Bitcoin is up 0.58% to $23,023.83 while Ethereum is up 0.62% to $1,644.08. Equity PUT/CALL RATIO Yesterday, 1,299,658 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 917,262 put contracts. The single-session put/call ratio was 0.71. TODAY'S ECONOMIC CALENDAR Trade Balance Dec 08:30 ET Consumer Credit Dec 15:00 ET EARNINGS EXPECTED TODAY: ARMK, AUDC, BP, BV, CARR, CNC, DD, GPK, HAE, IT, J, KB, LIN, NTDOY, NVT, OCSL, PINC, SFTBY, SZKMY |