MORNING UPDATE: PriceWatch Alerts for WLK and More... for 2023-03-07 |
| PriceWatch Alerts for WLK, XOM, DXCM, SLAB, VOYA, IRDM, CP, LNG, BA, and LPLA. Today's optimal covered call on Westlake Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of WLK stock at $120.65 per share and sell one contract of the Westlake Corp March 17, 2023 120 call for $2.95 for a net debit of $117.70 per share. This trade lasts 10 days, giving it an annualized return rate of 64.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Exxon Mobil Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of XOM stock at $113.81 per share and sell one contract of the Exxon Mobil Corp March 17, 2023 114 call for $1.98 for a net debit of $111.83 per share. This trade lasts 10 days, giving it an annualized return rate of 64.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Dexcom Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of DXCM stock at $113.25 per share and sell one contract of the Dexcom Inc March 17, 2023 110 call for $5.34 for a net debit of $107.91 per share. This trade lasts 10 days, giving it an annualized return rate of 64.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Silicon Labs Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of SLAB stock at $176.86 per share and sell one contract of the Silicon Labs Inc March 17, 2023 175 call for $5.14 for a net debit of $171.72 per share. This trade lasts 10 days, giving it an annualized return rate of 63.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on VOYA Financial Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of VOYA stock at $74.96 per share and sell one contract of the VOYA Financial Inc March 17, 2023 75 call for $1.36 for a net debit of $73.60 per share. This trade lasts 10 days, giving it an annualized return rate of 63.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Iridium Comm Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of IRDM stock at $61.05 per share and sell one contract of the Iridium Comm Inc March 17, 2023 60 call for $2.14 for a net debit of $58.90 per share. This trade lasts 10 days, giving it an annualized return rate of 61.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Canadian Pacific Railway has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of CP stock at $77.63 per share and sell one contract of the Canadian Pacific Railway March 17, 2023 77.5 call for $1.53 for a net debit of $76.10 per share. This trade lasts 10 days, giving it an annualized return rate of 61.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Cheniere Energy has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of LNG stock at $156.55 per share and sell one contract of the Cheniere Energy March 17, 2023 155 call for $4.33 for a net debit of $152.22 per share. This trade lasts 10 days, giving it an annualized return rate of 60.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Boeing Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BA stock at $211.92 per share and sell one contract of the Boeing Company March 17, 2023 210 call for $5.67 for a net debit of $206.25 per share. This trade lasts 10 days, giving it an annualized return rate of 60.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lpl Financial Holdings has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of LPLA stock at $253.43 per share and sell one contract of the Lpl Financial Holdings March 17, 2023 250 call for $7.86 for a net debit of $245.57 per share. This trade lasts 10 days, giving it an annualized return rate of 59.9%. 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 Arista Networks Inc (ANET), Best Buy Company (BBY) and Juniper Networks (JNPR) are moving higher this morning, while Dxc Technology Company (DXC), Keycorp (KEY) and Cf Industries Holdings (CF) are headed lower. Esperion Theraptc (ESPR), United Airlines Holdings Inc (UAL) and Nustar Energy LP (NS) were upgraded, while Trimble Navigation (TRMB), Ovintiv Inc (OVV) and Office Properties Income Trust (OPI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.69%, the Australia ASX All Ordinaries is up 0.49%, the Nikkei 225 is up 0.25% the Hang Seng is down -0.33% and the Shanghai SE Composite Index is down -1.11%. In Europe stocks are mixed. The FTSE 100 is up 0.33%, the DAX is up 0.08%, the CAC 40 is up 0.05% and the Euro Stoxx 50 is down -0.12%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $ $-0.42 at $80.04 per barrel. Brent crude is down $-0.45 at $85.73 per barrel. Natural Gas is up $0.07 at $2.64. Precious metals are down this morning. Gold is down -7.75% at $1839.11 per ounce. Platinum is down -18.74% at $960.56 while silver is down -0.14% at $21. 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 down -0.03% to $22,402.91 while Ethereum is up 0.11% to $1,567.20. Equity PUT/CALL RATIO Yesterday, 1,400,743 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,200,585 put contracts. The single-session put/call ratio was 0.86. TODAY'S ECONOMIC CALENDAR Consumer Credit Jan 15:00 EARNINGS EXPECTED TODAY: AUTL, CAN, FERG, HENOY, LSEA, OPTN, SE, SEAT, SQSP, SWIM, TRMR, VRNA |
