MORNING UPDATE: PriceWatch Alerts for SBUX and More... for 2023-02-16 |
| PriceWatch Alerts for SBUX, NOV, STM, GILD, DXCM, TPR, ATI, LMT, ALGM, and BKR. Today's optimal covered call on Starbucks Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of SBUX stock at $109.00 per share and sell one contract of the Starbucks Corp February 24, 2023 109 call for $1.42 for a net debit of $107.58 per share. This trade lasts 8 days, giving it an annualized return rate of 53.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Nov Inc has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of NOV stock at $23.05 per share and sell one contract of the Nov Inc March 17, 2023 23 call for $1.02 for a net debit of $22.03 per share. This trade lasts 29 days, giving it an annualized return rate of 53.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Stmicroelectronics N.V. ADR has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of STM stock at $49.78 per share and sell one contract of the Stmicroelectronics N.V. ADR March 17, 2023 50 call for $1.86 for a net debit of $47.92 per share. This trade lasts 29 days, giving it an annualized return rate of 52.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Gilead Sciences Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of GILD stock at $85.05 per share and sell one contract of the Gilead Sciences Inc February 24, 2023 85 call for $1.10 for a net debit of $83.95 per share. This trade lasts 8 days, giving it an annualized return rate of 50.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Dexcom Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of DXCM stock at $120.17 per share and sell one contract of the Dexcom Inc March 17, 2023 120 call for $4.94 for a net debit of $115.23 per share. This trade lasts 29 days, giving it an annualized return rate of 50.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Tapestry Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of TPR stock at $45.37 per share and sell one contract of the Tapestry Inc March 03, 2023 45 call for $1.33 for a net debit of $44.04 per share. This trade lasts 15 days, giving it an annualized return rate of 49.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ati Inc has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of ATI stock at $40.26 per share and sell one contract of the Ati Inc March 17, 2023 40 call for $1.81 for a net debit of $38.44 per share. This trade lasts 29 days, giving it an annualized return rate of 49.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Lockheed Martin Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of LMT stock at $480.51 per share and sell one contract of the Lockheed Martin Corp February 24, 2023 480 call for $6.04 for a net debit of $474.47 per share. This trade lasts 8 days, giving it an annualized return rate of 47.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Allegro Microsystems Inc has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of ALGM stock at $45.92 per share and sell one contract of the Allegro Microsystems Inc March 17, 2023 45 call for $2.58 for a net debit of $43.34 per share. This trade lasts 29 days, giving it an annualized return rate of 46.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Baker Hughes Company has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of BKR stock at $32.15 per share and sell one contract of the Baker Hughes Company March 17, 2023 32 call for $1.31 for a net debit of $30.84 per share. This trade lasts 29 days, giving it an annualized return rate of 46.0%. 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)! 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 West Pharmaceutical Services (WST), Albemarle Corp (ALB) and Generac Holdings Inc (GNRC) are moving higher this morning, while Epam Systems Inc (EPAM), Vulcan Materials Company (VMC) and Organon & Co. (OGN) are headed lower. Avient Corp (AVNT), Seagen Inc (SGEN) and Marathon Oil Corp (MRO) were upgraded, while Transocean Inc (RIG), Banco Bradesco S.A. ADR (BBD) and Tusimple Holdings Inc Cl A (TSP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.84%, the Australia ASX All Ordinaries is up 0.82%, the Nikkei 225 is up 0.71% the Mumbai Sensex is up 0.07% and the Shanghai SE Composite Index is down -0.96%. In Europe stocks are up. The CAC 40 is up 1.05%, the Euro Stoxx 50 is up 0.59%, the DAX is up 0.46% and the FTSE 100 is up 0.18%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $ $0.02 at $78.61 per barrel. Brent crude is down $-0.07 at $85.31 per barrel. Natural Gas is up $0.05 at $2.52. Precious metals are up this morning. Gold is up 3.27% at $1839.28 per ounce. Platinum is up 1.52% at $918.9 while silver is up 0.06% at $21.63. 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 8.07% to $24,599.31 while Ethereum is up 6.53% to $1,687.93. Equity PUT/CALL RATIO Yesterday, 1,613,715 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,228,457 put contracts. The single-session put/call ratio was 0.76. TODAY'S ECONOMIC CALENDAR Housing Starts Jan 08:30 ET Initial Claims 02/11 08:30 ET PPI Jan 08:30 ET EARNINGS EXPECTED TODAY: ALE, ARCH, ATHM, BRDCY, CCEP, CDNAF, CVE, EPAM, FUN, GGR, GOGL, H, KBR, LXP, POR, RELX, SYNH, TSEM, VNT, WST |
