MORNING UPDATE: PriceWatch Alerts for MPC and More... for 2023-02-15 |
| PriceWatch Alerts for MPC, XOM, ATI, LLY, PSX, SBUX, FISV, WFRD, TSCO, and RACE. Today's optimal covered call on Marathon Petroleum Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of MPC stock at $128.64 per share and sell one contract of the Marathon Petroleum Corp February 24, 2023 128 call for $2.61 for a net debit of $126.03 per share. This trade lasts 9 days, giving it an annualized return rate of 57.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of XOM stock at $116.42 per share and sell one contract of the Exxon Mobil Corp February 24, 2023 116 call for $2.19 for a net debit of $114.23 per share. This trade lasts 9 days, giving it an annualized return rate of 56.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Ati Inc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of ATI stock at $39.97 per share and sell one contract of the Ati Inc March 17, 2023 40 call for $1.76 for a net debit of $38.21 per share. This trade lasts 30 days, giving it an annualized return rate of 55.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of LLY stock at $347.56 per share and sell one contract of the Eli Lilly and Company February 24, 2023 347.5 call for $5.21 for a net debit of $342.35 per share. This trade lasts 9 days, giving it an annualized return rate of 54.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Phillips 66 has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of PSX stock at $107.95 per share and sell one contract of the Phillips 66 February 24, 2023 108 call for $1.52 for a net debit of $106.42 per share. This trade lasts 9 days, giving it an annualized return rate of 54.0%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Starbucks Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of SBUX stock at $107.98 per share and sell one contract of the Starbucks Corp February 24, 2023 108 call for $1.55 for a net debit of $106.43 per share. This trade lasts 9 days, giving it an annualized return rate of 53.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Fiserv Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of FISV stock at $116.01 per share and sell one contract of the Fiserv Inc February 24, 2023 116 call for $1.68 for a net debit of $114.32 per share. This trade lasts 9 days, giving it an annualized return rate of 53.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Weatherford International Plc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of WFRD stock at $66.24 per share and sell one contract of the Weatherford International Plc March 17, 2023 65 call for $4.05 for a net debit of $62.19 per share. This trade lasts 30 days, giving it an annualized return rate of 53.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Tractor Supply Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of TSCO stock at $237.99 per share and sell one contract of the Tractor Supply Company February 24, 2023 237.5 call for $3.85 for a net debit of $234.14 per share. This trade lasts 9 days, giving it an annualized return rate of 52.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Ferrari N.V. has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of RACE stock at $265.61 per share and sell one contract of the Ferrari N.V. February 24, 2023 265 call for $4.18 for a net debit of $261.43 per share. This trade lasts 9 days, giving it an annualized return rate of 49.8%. The risk assessment of this trade is 4 keys (Low 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. 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STOCKS ON THE MOVE Generac Holdings Inc (GNRC), Baxter International Inc (BAX) and American International Group (AIG) are moving higher this morning, while Devon Energy Corp (DVN), Bath & Body Works Inc (BBWI) and Howmet Aerospace Inc (HWM) are headed lower. Ecolab Inc (ECL), Focus Financial Partners Inc Cl (FOCS) and U.S. Bancorp (USB) were upgraded, while A.K.A. Brands Holding Corp (AKA), Akamai Technologies (AKAM) and Terex Corp (TEX) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.4%, the Nikkei 225 is down -0.37%, the Shanghai SE Composite Index is down -0.39% the Australia ASX All Ordinaries is down -0.91% and the Hang Seng is down -1.43%. In Europe stocks are up. The CAC 40 is up 1.25%, the Euro Stoxx 50 is up 0.82%, the DAX is up 0.59% and the FTSE 100 is up 0.14%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $ $-0.85 at $78.21 per barrel. Brent crude is down $-0.83 at $84.75 per barrel. Natural Gas is down $-0.01 at $2.56. Precious metals are down this morning. Gold is down -17.98% at $1836.33 per ounce. Platinum is down -12.96% at $922.13 while silver is down -0.34% at $21.53. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Bitcoin is up 4.07% to $22,762.11 while Ethereum is up 4.77% to $1,584.44. Equity PUT/CALL RATIO Yesterday, 1,115,534 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 683,774 put contracts. The single-session put/call ratio was 0.61. TODAY'S ECONOMIC CALENDAR Retail Sales Jan 08:30 ET Retail Sales ex-auto Jan 08:30 ET EIA Crude Oil Inventories 02/11 10:30 ET EARNINGS EXPECTED TODAY: ACRE, AVNT, BCS, CRWS, GNRC, GOLD, HL, ICL, LAD, MLM, OC, PSN, SITE, TMHC, TTD, WAB, WAT |
