MORNING UPDATE: PriceWatch Alerts for EWL and More... for 2023-02-08 |
PriceWatch Alerts for EWL, XLF, EWI, EPI, IGN, IAI, EWU, EWG, EWH, and UUP. Today's optimal covered call on Switzerland Ishares MSCI ETF has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of EWL stock at $45.17 per share and sell one contract of the Switzerland Ishares MSCI ETF April 21, 2023 45 call for $1.48 for a net debit of $43.70 per share. This trade lasts 72 days, giving it an annualized return rate of 14.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P 500 Financials Sector SPDR has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of XLF stock at $37.00 per share and sell one contract of the S&P 500 Financials Sector SPDR April 21, 2023 36 call for $1.83 for a net debit of $35.17 per share. This trade lasts 72 days, giving it an annualized return rate of 11.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Italy Ishares MSCI ETF has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of EWI stock at $30.39 per share and sell one contract of the Italy Ishares MSCI ETF June 16, 2023 30 call for $1.55 for a net debit of $28.84 per share. This trade lasts 128 days, giving it an annualized return rate of 11.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Wisdomtree India Earnings Fund has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of EPI stock at $31.84 per share and sell one contract of the Wisdomtree India Earnings Fund July 21, 2023 31 call for $2.21 for a net debit of $29.63 per share. This trade lasts 163 days, giving it an annualized return rate of 10.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on North American Tech-Multimedia N has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of IGN stock at $70.46 per share and sell one contract of the North American Tech-Multimedia N September 15, 2023 69 call for $5.22 for a net debit of $65.24 per share. This trade lasts 219 days, giving it an annualized return rate of 9.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on US Broker-Dealers & Sec Exch Ish has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of IAI stock at $104.45 per share and sell one contract of the US Broker-Dealers & Sec Exch Ish July 21, 2023 103 call for $5.33 for a net debit of $99.12 per share. This trade lasts 163 days, giving it an annualized return rate of 8.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on UK Ishares MSCI ETF has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of EWU stock at $32.24 per share and sell one contract of the UK Ishares MSCI ETF July 21, 2023 32 call for $1.38 for a net debit of $30.86 per share. This trade lasts 163 days, giving it an annualized return rate of 8.3%. 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 5.2%. To enter this trade, buy 100 shares of EWG stock at $28.13 per share and sell one contract of the Germany Ishares MSCI ETF January 19, 2024 27 call for $2.46 for a net debit of $25.67 per share. This trade lasts 345 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 Hong Kong Ishares MSCI ETF has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of EWH stock at $21.60 per share and sell one contract of the Hong Kong Ishares MSCI ETF January 19, 2024 21 call for $1.60 for a net debit of $20.00 per share. This trade lasts 345 days, giving it an annualized return rate of 5.3%. 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 4.3%. To enter this trade, buy 100 shares of UUP stock at $27.90 per share and sell one contract of the DB US Dollar Index Bullish Fund January 19, 2024 27 call for $2.00 for a net debit of $25.90 per share. This trade lasts 345 days, giving it an annualized return rate of 4.5%. 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 V.F. Corp (VFC), CVS Corp (CVS) and Entergy Corp (ETR) are moving higher this morning, while Lumen Technologies Inc (LUMN), Tapestry Inc (TPR) and Chipotle Mexican Grill (CMG) are headed lower. American Express Company (AXP), Enact Holdings Inc (ACT) and Tripadvisor Inc (TRIP) were upgraded, while Adecoagro S.A. (AGRO), Enbridge Inc (ENB) and Volvo Ab ADR (VLVLY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.63%, the Australia ASX All Ordinaries is up 0.36%, the Hang Seng is down -0.07% the Nikkei 225 is down -0.29% and the Shanghai SE Composite Index is down -0.49%. In Europe stocks are up. The DAX is up 0.71%, the FTSE 100 is up 0.69%, the CAC 40 is up 0.45% and the Euro Stoxx 50 is up 0.37%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $ $0.58 at $77.72 per barrel. Brent crude is up $0.46 at $84.15 per barrel. Natural Gas is down $-0.04 at $2.54. Precious metals are up this morning. Gold is up 5.58% at $1878.68 per ounce. Platinum is up 6.98% at $985.18 while silver is up 0.28% at $22.46. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound. Bitcoin is up 0.53% to $23,135.54 while Ethereum is up 1.74% to $1,672.22. Equity PUT/CALL RATIO Yesterday, 1,887,268 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,448,004 put contracts. The single-session put/call ratio was 0.77. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications Index 02/04 07:00 ET Wholesale Inventories Dec 10:00 ET EIA Crude Oil Inventories 02/04 10:30 ET EARNINGS EXPECTED TODAY: AMKBY, ASGLY, BAM, BG, COHR, COTY, CPRI, CVS, EMR, EPC, EQNR, ETN, FUJIY, INGR, PERI, RDWR, RITM, SITC, TRMB, VWDRY |