MORNING UPDATE: PriceWatch Alerts for CLH and More... for 2023-03-27 |
| PriceWatch Alerts for CLH, ERJ, VST, SFM, BJ, BLDR, ATEC, ZTO, RELY, and PARR. Today's optimal covered call on Clean Harbors has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CLH stock at $131.11 per share and sell one contract of the Clean Harbors April 21, 2023 130 call for $5.05 for a net debit of $126.06 per share. This trade lasts 25 days, giving it an annualized return rate of 40.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Embraer-Empresa Brasileira DE Ae has an assigned return rate of 6.2%. To enter this trade, buy 100 shares of ERJ stock at $15.48 per share and sell one contract of the Embraer-Empresa Brasileira DE Ae May 19, 2023 15 call for $1.36 for a net debit of $14.12 per share. This trade lasts 53 days, giving it an annualized return rate of 40.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Vistra Energy Corp has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of VST stock at $23.42 per share and sell one contract of the Vistra Energy Corp May 19, 2023 23 call for $1.72 for a net debit of $21.70 per share. This trade lasts 53 days, giving it an annualized return rate of 38.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Sprouts Farmers Market has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of SFM stock at $33.28 per share and sell one contract of the Sprouts Farmers Market May 19, 2023 33 call for $2.12 for a net debit of $31.16 per share. This trade lasts 53 days, giving it an annualized return rate of 38.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of BJ stock at $75.18 per share and sell one contract of the Bj's Wholesale Club Holdings Inc April 21, 2023 75 call for $2.27 for a net debit of $72.91 per share. This trade lasts 25 days, giving it an annualized return rate of 37.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Builders Firstsource has an assigned return rate of 5.5%. To enter this trade, buy 100 shares of BLDR stock at $84.46 per share and sell one contract of the Builders Firstsource May 19, 2023 80 call for $8.64 for a net debit of $75.82 per share. This trade lasts 53 days, giving it an annualized return rate of 35.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Alphatec Holdings has an assigned return rate of 11.6%. To enter this trade, buy 100 shares of ATEC stock at $15.82 per share and sell one contract of the Alphatec Holdings July 21, 2023 15 call for $2.38 for a net debit of $13.44 per share. This trade lasts 116 days, giving it an annualized return rate of 35.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Zto Express Cayman Inc ADR has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of ZTO stock at $28.51 per share and sell one contract of the Zto Express Cayman Inc ADR May 19, 2023 28 call for $1.86 for a net debit of $26.64 per share. This trade lasts 53 days, giving it an annualized return rate of 33.1%. 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 10.7%. To enter this trade, buy 100 shares of RELY stock at $16.88 per share and sell one contract of the Remitly Global Inc July 21, 2023 15 call for $3.33 for a net debit of $13.55 per share. This trade lasts 116 days, giving it an annualized return rate of 32.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Par Petroleum Corp has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of PARR stock at $27.84 per share and sell one contract of the Par Petroleum Corp May 19, 2023 25 call for $4.00 for a net debit of $23.84 per share. This trade lasts 53 days, giving it an annualized return rate of 31.7%. 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)! 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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 Microcloud Hologram Inc (HOLO), First Republic Bank (FRC) and Blackbaud Inc (BLKB) are moving higher this morning, while Unity Biotechnology Inc (UBX), Pharming Group N.V. ADR (PHAR) and Baosheng Media Group Holdings Lt (BAOS) are headed lower. Virtus Investment Partners (VRTS), Victory Capital Holdings Inc Cl (VCTR) and Sanofi-Aventis S.A. ADR (SNY) were upgraded, while Wingstop Inc (WING), Remitly Global Inc (RELY) and Leidos Holdings Inc (LDOS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.33%, the Mumbai Sensex is up 0.22%, the Australia ASX All Ordinaries is up 0.09%, the Shanghai SE Composite Index is down 0.44%, and the Hang Seng is down 1.75%. In Europe, stocks are up. The DAX is up 1.18%, the CAC 40 is up 0.98%, the Euro Stoxx 50 is up 0.87%, and the FTSE 100 is up 0.86%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.93 at $70.19 per barrel. Brent crude is up $0.94 at $75.93 per barrel. Natural Gas is down $0.09 at $2.13. Precious metals are down this morning. Gold is down $25.63 at $1952.58 per ounce. Platinum is down $11.45 at $972.85, while silver is down $0.16 at $23.18. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and down against the Pound. Bitcoin is down 0.16% to $27,867.57, while Ethereum is down 0.69% to $1,765.58. Equity PUT/CALL RATIO Yesterday, 1,230,388 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,223,066 put contracts. The single-session put/call ratio was 0.99. TODAY'S ECONOMIC CALENDAR No events scheduled today. EARNINGS EXPECTED TODAY: CUK |
