MORNING UPDATE: PriceWatch Alerts for BKR and More... for 2023-02-23 |
| PriceWatch Alerts for BKR, CAH, DXCM, ATI, MUR, BP, AYX, LLY, FISV, and RMBS. Today's optimal covered call on Baker Hughes Company has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of BKR stock at $30.05 per share and sell one contract of the Baker Hughes Company March 17, 2023 30 call for $1.11 for a net debit of $28.94 per share. This trade lasts 22 days, giving it an annualized return rate of 58.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Cardinal Health has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CAH stock at $77.52 per share and sell one contract of the Cardinal Health March 03, 2023 77.5 call for $1.12 for a net debit of $76.40 per share. This trade lasts 8 days, giving it an annualized return rate of 58.1%. 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 3.6%. To enter this trade, buy 100 shares of DXCM stock at $111.65 per share and sell one contract of the Dexcom Inc March 17, 2023 110 call for $5.52 for a net debit of $106.13 per share. This trade lasts 22 days, giving it an annualized return rate of 57.9%. 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 3.6%. To enter this trade, buy 100 shares of ATI stock at $40.36 per share and sell one contract of the Ati Inc March 17, 2023 40 call for $1.76 for a net debit of $38.60 per share. This trade lasts 22 days, giving it an annualized return rate of 57.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Murphy Oil Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of MUR stock at $38.45 per share and sell one contract of the Murphy Oil Corp March 17, 2023 37.5 call for $2.26 for a net debit of $36.18 per share. This trade lasts 22 days, giving it an annualized return rate of 57.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on BP Plc ADR has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of BP stock at $38.93 per share and sell one contract of the BP Plc ADR March 10, 2023 39 call for $0.88 for a net debit of $38.05 per share. This trade lasts 15 days, giving it an annualized return rate of 56.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Alteryx Inc has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of AYX stock at $66.99 per share and sell one contract of the Alteryx Inc March 17, 2023 65 call for $4.22 for a net debit of $62.77 per share. This trade lasts 22 days, giving it an annualized return rate of 56.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of LLY stock at $329.07 per share and sell one contract of the Eli Lilly and Company March 03, 2023 327.5 call for $6.00 for a net debit of $323.06 per share. This trade lasts 8 days, giving it an annualized return rate of 55.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Fiserv Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FISV stock at $113.10 per share and sell one contract of the Fiserv Inc March 03, 2023 113 call for $1.57 for a net debit of $111.52 per share. This trade lasts 8 days, giving it an annualized return rate of 53.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Rambus Inc has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of RMBS stock at $43.08 per share and sell one contract of the Rambus Inc March 17, 2023 43 call for $1.48 for a net debit of $41.60 per share. This trade lasts 22 days, giving it an annualized return rate of 53.6%. 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. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Quanta Services (PWR), Coterra Energy Inc (CTRA) and American Tower Corp (AMT) are moving higher this morning, while Domino's Pizza Inc (DPZ), Bath & Body Works Inc (BBWI) and Dollar General Corp (DG) are headed lower. Stantec Inc (STN), Dt Midstream Inc (DTM) and Charles River Laboratories Intl (CRL) were upgraded, while America Movil S.A.B. DE C.V. ADR (AMX), Veeva Systems Inc (VEEV) and Unity Software Inc (U) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Nikkei 225 is down -1.34%, the Hang Seng is down -0.35%, the Australia ASX All Ordinaries is down -0.33% the Mumbai Sensex is down -0.23% and the Shanghai SE Composite Index is down -0.11%.In Europe stocks are mixed. The Euro Stoxx 50 is up 0.61%, the DAX is up 0.57%, the CAC 40 is up 0.44% and the FTSE 100 is down -0.19%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $ $0.79 at $74.74 per barrel. Brent crude is up $0.8 at $81.4 per barrel. Natural Gas is down $-0.06 at $2.12. Precious metals are mixed this morning. Gold is up 1.78% at $1827.17 per ounce. Platinum is up 6.52% at $960.11 while silver is down -0.09% at $21.73. 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 down -0.6% to $23,981.90 while Ethereum is up 0.32% to $1,649.76. Equity PUT/CALL RATIO Yesterday, 1,500,098 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,413,763 put contracts. The single-session put/call ratio was 0.94. TODAY'S ECONOMIC CALENDAR Continuing Claims 02/11 08:30 ET GDP - Second Estimate Q4 08:30 ET Initial Claims 02/18 08:30 ET EARNINGS EXPECTED TODAY: CALT, CIO, CYD, DAO, DISH, E, ENOV, EXLS, GFI, GNL, IMOS, LKQ, MODV, MYTE, NICE, NOMD, NTES, TK, TNK, VIPS |
