MORNING UPDATE: PriceWatch Alerts for OLN and More... for 2023-03-09 |
| PriceWatch Alerts for OLN, MTH, DXCM, TOL, CP, CC, BA, LPLA, LIN, and FISV. Today's optimal covered call on Olin Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of OLN stock at $57.21 per share and sell one contract of the Olin Corp March 17, 2023 57 call for $1.23 for a net debit of $55.98 per share. This trade lasts 8 days, giving it an annualized return rate of 73.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Meritage Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MTH stock at $110.43 per share and sell one contract of the Meritage Corp March 17, 2023 110 call for $2.36 for a net debit of $108.08 per share. This trade lasts 8 days, giving it an annualized return rate of 72.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Dexcom Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DXCM stock at $112.74 per share and sell one contract of the Dexcom Inc March 17, 2023 110 call for $4.63 for a net debit of $108.11 per share. This trade lasts 8 days, giving it an annualized return rate of 70.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of TOL stock at $59.53 per share and sell one contract of the Toll Brothers Inc March 17, 2023 59 call for $1.52 for a net debit of $58.01 per share. This trade lasts 8 days, giving it an annualized return rate of 69.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Canadian Pacific Railway has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of CP stock at $75.41 per share and sell one contract of the Canadian Pacific Railway March 17, 2023 75 call for $1.63 for a net debit of $73.78 per share. This trade lasts 8 days, giving it an annualized return rate of 67.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Chemours Company has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of CC stock at $34.13 per share and sell one contract of the Chemours Company March 24, 2023 34 call for $1.07 for a net debit of $33.06 per share. This trade lasts 15 days, giving it an annualized return rate of 64.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Boeing Company has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of BA stock at $207.20 per share and sell one contract of the Boeing Company March 17, 2023 205 call for $5.42 for a net debit of $201.78 per share. This trade lasts 8 days, giving it an annualized return rate of 64.6%. 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 1.6%. To enter this trade, buy 100 shares of LPLA stock at $253.15 per share and sell one contract of the Lpl Financial Holdings March 17, 2023 250 call for $6.99 for a net debit of $246.16 per share. This trade lasts 8 days, giving it an annualized return rate of 63.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Linde Plc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of LIN stock at $354.90 per share and sell one contract of the Linde Plc March 17, 2023 355 call for $5.25 for a net debit of $349.65 per share. This trade lasts 8 days, giving it an annualized return rate of 62.1%. 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 $117.07 per share and sell one contract of the Fiserv Inc March 17, 2023 117 call for $1.81 for a net debit of $115.26 per share. This trade lasts 8 days, giving it an annualized return rate of 61.4%. The risk assessment of this trade is 5 keys (The Lowest 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 ? 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STOCKS ON THE MOVE Sovos Brands Inc (SOVO), Bynd Cannasoft Enterprises Inc (BCAN) and First Wave Biopharma Inc (FWBI) are moving higher this morning, while Silvergate Capital Corp Cl A (SI), Svb Financial Group (SIVB) and Optimizerx Corp (OPRX) are headed lower. Vertex Inc Cl A (VERX), Enlink Midstream Llc (ENLC) and Hilton Inc (HLT) were upgraded, while Trade Desk Inc (TTD), Highwoods Properties (HIW) and Loandepot Inc Cl A (LDI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.63%, the Australia ASX All Ordinaries is up 0.14%, the Shanghai SE Composite Index is down -0.22% the Hang Seng is down -0.63% and the Mumbai Sensex is down -0.9%. Stocks in Europe are down. The FTSE 100 is down -0.69%, the DAX is down -0.47%, the Euro Stoxx 50 is down -0.46% and the CAC 40 is down -0.45%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $ $0.09 at $76.75 per barrel. Brent crude is up $0.14 at $82.8 per barrel. Natural Gas is up $0.07 at $2.63. Precious metals are mixed this morning. Gold is up 3.48% at $1817.28 per ounce. Platinum is up 9.53% at $949.75 while silver is flat 0% at $20.16. 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 down -1.86% to $21,614.46 while Ethereum is down -1.45% to $1,531.55. Equity PUT/CALL RATIO Yesterday, 1,305,529 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,162,655 put contracts. The single-session put/call ratio was 0.89. TODAY'S ECONOMIC CALENDAR Initial Claims 3/4 8:30 Continuing Claims 02/25 8:30 EIA Natural Gas Inventories 3/4 10:30 EARNINGS EXPECTED TODAY: ANIP, AOMR, ARHS, BBLN, BBW, BJ, CMAX, DCBO, DLTH, DPSGY, DRIO, DTC, GCO, HMPT, HVRRY, JD, JG, SKHSY, TSQ, XXII |
