MORNING UPDATE: PriceWatch Alerts for HSY and More... for 2023-03-16 |
| PriceWatch Alerts for HSY, MRK, AYX, LPLA, PARR, TPX, EVH, UNM, INDI, and LPG. Today's optimal covered call on Hershey Foods Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of HSY stock at $244.42 per share and sell one contract of the Hershey Foods Corp March 24, 2023 242.5 call for $5.34 for a net debit of $239.08 per share. This trade lasts 8 days, giving it an annualized return rate of 58.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Merck & Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of MRK stock at $107.63 per share and sell one contract of the Merck & Company March 24, 2023 107 call for $2.12 for a net debit of $105.51 per share. This trade lasts 8 days, giving it an annualized return rate of 57.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Alteryx Inc has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of AYX stock at $56.71 per share and sell one contract of the Alteryx Inc April 21, 2023 55 call for $4.72 for a net debit of $51.99 per share. This trade lasts 36 days, giving it an annualized return rate of 57.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Lpl Financial Holdings has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of LPLA stock at $195.51 per share and sell one contract of the Lpl Financial Holdings April 21, 2023 190 call for $15.87 for a net debit of $179.64 per share. This trade lasts 36 days, giving it an annualized return rate of 56.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Par Petroleum Corp has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of PARR stock at $25.70 per share and sell one contract of the Par Petroleum Corp April 21, 2023 25 call for $2.06 for a net debit of $23.64 per share. This trade lasts 36 days, giving it an annualized return rate of 56.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Tempur-Pedic International Inc has an assigned return rate of 5.6%. To enter this trade, buy 100 shares of TPX stock at $37.72 per share and sell one contract of the Tempur-Pedic International Inc April 21, 2023 37.5 call for $2.21 for a net debit of $35.51 per share. This trade lasts 36 days, giving it an annualized return rate of 55.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Evolent Health Inc Cl A Com has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of EVH stock at $30.29 per share and sell one contract of the Evolent Health Inc Cl A Com April 21, 2023 30 call for $1.84 for a net debit of $28.44 per share. This trade lasts 36 days, giving it an annualized return rate of 53.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Unumprovident Corp has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of UNM stock at $37.86 per share and sell one contract of the Unumprovident Corp April 21, 2023 37.5 call for $2.25 for a net debit of $35.61 per share. This trade lasts 36 days, giving it an annualized return rate of 52.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Indie Semiconductor Cl A has an assigned return rate of 9.3%. To enter this trade, buy 100 shares of INDI stock at $10.32 per share and sell one contract of the Indie Semiconductor Cl A May 19, 2023 10 call for $1.17 for a net debit of $9.15 per share. This trade lasts 64 days, giving it an annualized return rate of 52.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Dorian Lpg Ltd has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of LPG stock at $20.09 per share and sell one contract of the Dorian Lpg Ltd April 21, 2023 20 call for $1.07 for a net debit of $19.02 per share. This trade lasts 36 days, giving it an annualized return rate of 50.8%. The risk assessment of this trade is 2 keys (Considerable 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 Fedex Corp (FDX), Motorola Solutions (MSI) and AON Plc (AON) are moving higher this morning, while First Republic Bank (FRC), Comerica Inc (CMA) and Regions Financial Corp (RF) are headed lower. Block Inc (SQ), Choice Hotels International (CHH) and Progressive Corp (PGR) were upgraded, while Esperion Theraptc (ESPR), Olaplex Holdings Inc (OLPX) and Myt Netherlands Parent B.V. ADR (MYTE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.14%, the Nikkei 225 is down 0.8%, the Shanghai SE Composite Index is down 1.12% the Australia ASX All Ordinaries is down 1.52% and the Hang Seng is down 1.72%. In Europe, stocks are up. The CAC 40 is up 1.16%, the FTSE 100 is up 0.96%, the Euro Stoxx 50 is up 0.95% and the DAX is up 0.69%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.14 at $67.75 per barrel. Brent crude is up $0.23 at $73.92 per barrel. Natural Gas is up $0.06 at $2.5. Precious metals are up this morning. Gold is up $9.6 at $1928.18 per ounce. Platinum is up $10.63 at $975.4 while silver is up $0.26 at $22.15. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen, and up against the Pound. Bitcoin is down 0.02% to $24,797.23 while Ethereum is down 1.3% to $1,658.91. Equity PUT/CALL RATIO Yesterday, 1,087,370 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 874,944 put contracts. The single-session put/call ratio was 0.8. TODAY'S ECONOMIC CALENDAR Building Permits Feb 08:30 ET Housing Starts Feb 08:30 ET Initial Claims 03/11 08:30 ET EARNINGS EXPECTED TODAY: ACIU, APYX, BEKE, BKTI, CODA, DBI, DESP, DG, KVHI, LE, LQDA, MOMO, TITN, VEON, XNET, YRD |
