MORNING UPDATE: PriceWatch Alerts for TOL and More... for 2023-03-13 |
| PriceWatch Alerts for TOL, TPR, FISV, BP, RELY, CCJ, HIG, LNG, LBRT, and SBUX. Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of TOL stock at $57.37 per share and sell one contract of the Toll Brothers Inc March 24, 2023 57 call for $1.88 for a net debit of $55.49 per share. This trade lasts 11 days, giving it an annualized return rate of 70.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Tapestry Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of TPR stock at $41.36 per share and sell one contract of the Tapestry Inc March 24, 2023 41 call for $1.42 for a net debit of $39.94 per share. This trade lasts 11 days, giving it an annualized return rate of 69.5%. 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 2.5%. To enter this trade, buy 100 shares of FISV stock at $111.83 per share and sell one contract of the Fiserv Inc March 24, 2023 112 call for $2.59 for a net debit of $109.24 per share. This trade lasts 11 days, giving it an annualized return rate of 65.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on BP Plc ADR has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of BP stock at $39.01 per share and sell one contract of the BP Plc ADR March 24, 2023 39 call for $0.93 for a net debit of $38.08 per share. This trade lasts 11 days, giving it an annualized return rate of 62.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Remitly Global Inc has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of RELY stock at $15.17 per share and sell one contract of the Remitly Global Inc April 21, 2023 15 call for $1.18 for a net debit of $14.00 per share. This trade lasts 39 days, giving it an annualized return rate of 62.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Cameco Corp has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of CCJ stock at $25.45 per share and sell one contract of the Cameco Corp March 31, 2023 25 call for $1.30 for a net debit of $24.15 per share. This trade lasts 18 days, giving it an annualized return rate of 61.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Hartford Financial Services Grou has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of HIG stock at $70.20 per share and sell one contract of the Hartford Financial Services Grou March 24, 2023 70 call for $1.80 for a net debit of $68.40 per share. This trade lasts 11 days, giving it an annualized return rate of 60.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Cheniere Energy has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of LNG stock at $154.23 per share and sell one contract of the Cheniere Energy March 24, 2023 152.5 call for $5.18 for a net debit of $149.05 per share. This trade lasts 11 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 Liberty Energy Inc has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of LBRT stock at $14.37 per share and sell one contract of the Liberty Energy Inc April 21, 2023 14 call for $1.26 for a net debit of $13.10 per share. This trade lasts 39 days, giving it an annualized return rate of 59.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Starbucks Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of SBUX stock at $99.38 per share and sell one contract of the Starbucks Corp March 24, 2023 99 call for $2.55 for a net debit of $96.83 per share. This trade lasts 11 days, giving it an annualized return rate of 58.5%. 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)! 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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Newmont Mining Corp (NEM), Alexandria Real Estate Equities (ARE) and Whirlpool Corp (WHR) are moving higher this morning, while First Republic Bank (FRC), Comerica Inc (CMA) and Truist Financial Corp (TFC) are headed lower. Wolverine World Wide (WWW), Truist Financial Corp (TFC) and The Charles Schwab Corp (SCHW) were upgraded, while United Nat Foods (UNFI), Under Armour (UAA) and Tesla Inc (TSLA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.95%, the Shanghai SE Composite Index is up 1.2%, the Australia ASX All Ordinaries is down -0.51% the Nikkei 225 is down -1.11% and the Mumbai Sensex is down -1.52%. Stocks in Europe are down. The Euro Stoxx 50 is down -2.66%, the DAX is down -2.53%, the CAC 40 is down -2.35% and the FTSE 100 is down -2.01%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $ $-1.98 at $74.7 per barrel. Brent crude is down $-1.95 at $80.83 per barrel. Natural Gas is up $0.02 at $2.45. Precious metals are up this morning. Gold is up 20.23% at $1888.49 per ounce. Platinum is up 10.07% at $974.95 while silver is up 0.68% at $21.19. 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 7.72% to $22,146.76 while Ethereum is up 7.58% to $1,584.54. Equity PUT/CALL RATIO Yesterday, 1,457,537 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,228,738 put contracts. The single-session put/call ratio was 1.53. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: AVD, BBAI, BHIL, BVH, BZFD, CRIS, EGRX, FOA, FREE, GNE, GRCL, INSE, OCFT, RERE, ZEV, ZIM, ZYXI |
