MORNING UPDATE: PriceWatch Alerts for MRK and More... for 2023-03-15 |
| PriceWatch Alerts for MRK, PERI, CHX, EURN, LMT, HSY, LPLA, COTY, H, and CLX. Today's optimal covered call on Merck & Company has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of MRK stock at $106.97 per share and sell one contract of the Merck & Company March 24, 2023 107 call for $1.71 for a net debit of $105.26 per share. This trade lasts 9 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 Perion Network Ltd has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of PERI stock at $34.89 per share and sell one contract of the Perion Network Ltd April 21, 2023 35 call for $1.86 for a net debit of $33.03 per share. This trade lasts 37 days, giving it an annualized return rate of 57.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Championx Corp has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of CHX stock at $27.46 per share and sell one contract of the Championx Corp April 21, 2023 27.5 call for $1.50 for a net debit of $25.96 per share. This trade lasts 37 days, giving it an annualized return rate of 57.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Euronav NV has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of EURN stock at $17.84 per share and sell one contract of the Euronav NV April 21, 2023 17.5 call for $1.32 for a net debit of $16.52 per share. This trade lasts 37 days, giving it an annualized return rate of 57.0%. 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 1.5%. To enter this trade, buy 100 shares of LMT stock at $478.87 per share and sell one contract of the Lockheed Martin Corp March 24, 2023 477.5 call for $8.56 for a net debit of $470.31 per share. This trade lasts 9 days, giving it an annualized return rate of 55.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Hershey Foods Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of HSY stock at $242.00 per share and sell one contract of the Hershey Foods Corp March 24, 2023 240 call for $5.44 for a net debit of $236.56 per share. This trade lasts 9 days, giving it an annualized return rate of 53.1%. 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 5.2%. To enter this trade, buy 100 shares of LPLA stock at $205.97 per share and sell one contract of the Lpl Financial Holdings April 21, 2023 200 call for $15.80 for a net debit of $190.17 per share. This trade lasts 37 days, giving it an annualized return rate of 49.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Coty Inc has an assigned return rate of 8.6%. To enter this trade, buy 100 shares of COTY stock at $10.98 per share and sell one contract of the Coty Inc May 19, 2023 11 call for $0.85 for a net debit of $10.13 per share. This trade lasts 65 days, giving it an annualized return rate of 47.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Hyatt Hotels Corp has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of H stock at $110.35 per share and sell one contract of the Hyatt Hotels Corp April 21, 2023 110 call for $5.35 for a net debit of $105.00 per share. This trade lasts 37 days, giving it an annualized return rate of 45.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Clorox Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of CLX stock at $153.79 per share and sell one contract of the Clorox Company March 24, 2023 152.5 call for $3.15 for a net debit of $150.64 per share. This trade lasts 9 days, giving it an annualized return rate of 45.1%. The risk assessment of this trade is 4 keys (Low 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 Lyondellbasell Industries NV (LYB), Lennar Corp (LEN) and First Republic Bank (FRC) are moving higher this morning, while Citigroup Inc (C), Invesco Plc (IVZ) and Capital One Financial Corp (COF) are headed lower. Varonis Systems Inc (VRNS), United Microelectronics Corp ADR (UMC) and Harley-Davidson Inc (HOG) were upgraded, while Decibel Therapeutics Inc (DBTX), Vacasa Inc Cl A (VCSA) and Q2 Holdings Inc (QTWO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.52%, the Australia ASX All Ordinaries is up 0.86%, the Shanghai SE Composite Index is up 0.55% the Nikkei 225 is up 0.03% and the Mumbai Sensex is down -0.59%. In Europe stocks are up. The DAX is up 1.52%, the FTSE 100 is up 0.65%, the CAC 40 is up 0.06% and the Euro Stoxx 50 is up 0.03%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $ $-0.85 at $80.48 per barrel. Brent crude is down $-0.81 at $76.54 per barrel. Natural Gas is down $-0.06 at $2.52. Precious metals are mixed this morning. Gold is up 20.62% at $1924.63 per ounce. Platinum is down -22.73% at $964.38 while silver is up 0.21% at $22.25. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen and up against the Pound. Bitcoin is down -0.34% to $24,751.37 while Ethereum is down -0.6% to $1,678.80. Equity PUT/CALL RATIO Yesterday, 1,556,015 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,488,742 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Core PPI Feb 08:30 ET PPI Feb 08:30 ET Retail Sales Feb 08:30 ET EARNINGS EXPECTED TODAY: ARCO, BRCC, BW, BWAY, CD, CIR, CLMT, CRGE, EBIX, INFU, KMDA, KNDI, OTLY, PACK, SLN, SRAD, UCL |
