MORNING UPDATE: PriceWatch Alerts for CLH and More... for 2023-03-30 |
| PriceWatch Alerts for CLH, SFM, BJ, TJX, ZTO, JBL, VST, MOMO, AGL, and RELY. Today's optimal covered call on Clean Harbors has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of CLH stock at $135.15 per share and sell one contract of the Clean Harbors April 21, 2023 135 call for $3.65 for a net debit of $131.50 per share. This trade lasts 22 days, giving it an annualized return rate of 42.2%. The risk assessment of this trade is 2 keys (Considerable 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 $34.04 per share and sell one contract of the Sprouts Farmers Market May 19, 2023 34 call for $1.92 for a net debit of $32.12 per share. This trade lasts 50 days, giving it an annualized return rate of 42.0%. 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 2.3%. To enter this trade, buy 100 shares of BJ stock at $75.17 per share and sell one contract of the Bj's Wholesale Club Holdings Inc April 21, 2023 75 call for $1.86 for a net debit of $73.31 per share. This trade lasts 22 days, giving it an annualized return rate of 36.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on TJX Companies has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of TJX stock at $76.55 per share and sell one contract of the TJX Companies April 14, 2023 76 call for $1.72 for a net debit of $74.83 per share. This trade lasts 15 days, giving it an annualized return rate of 35.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Zto Express Cayman Inc ADR has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of ZTO stock at $28.27 per share and sell one contract of the Zto Express Cayman Inc ADR May 19, 2023 28 call for $1.56 for a net debit of $26.70 per share. This trade lasts 50 days, giving it an annualized return rate of 34.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of JBL stock at $84.62 per share and sell one contract of the Jabil Circuit May 19, 2023 85 call for $3.52 for a net debit of $81.10 per share. This trade lasts 50 days, giving it an annualized return rate of 34.4%. 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 4.8%. To enter this trade, buy 100 shares of VST stock at $23.51 per share and sell one contract of the Vistra Energy Corp May 19, 2023 23 call for $1.56 for a net debit of $21.94 per share. This trade lasts 50 days, giving it an annualized return rate of 34.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Hello Group Inc ADR has an assigned return rate of 17.6%. To enter this trade, buy 100 shares of MOMO stock at $8.77 per share and sell one contract of the Hello Group Inc ADR October 20, 2023 8 call for $1.97 for a net debit of $6.80 per share. This trade lasts 204 days, giving it an annualized return rate of 31.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Agilon Health Inc has an assigned return rate of 9.4%. To enter this trade, buy 100 shares of AGL stock at $26.79 per share and sell one contract of the Agilon Health Inc July 21, 2023 25 call for $3.94 for a net debit of $22.85 per share. This trade lasts 113 days, giving it an annualized return rate of 30.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Remitly Global Inc has an assigned return rate of 9.2%. To enter this trade, buy 100 shares of RELY stock at $16.61 per share and sell one contract of the Remitly Global Inc July 21, 2023 15 call for $2.87 for a net debit of $13.74 per share. This trade lasts 113 days, giving it an annualized return rate of 29.4%. 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 Cazoo Group Ltd (CZOO), Gorilla Technology Group Inc (GRRR) and Centessa Pharmaceuticals Plc ADR (CNTA) are moving higher this morning, while Semtech Corp (SMTC), Angiodynamics Inc (ANGO) and Dragonfly Energy Hldgs Corp (DFLI) are headed lower. American Tower Corp (AMT), Apple Hospitality REIT Inc (APLE) and SBA Communications (SBAC) were upgraded, while The Charles Schwab Corp (SCHW), Southern Copper Corp (SCCO) and Grupo Aeroportuario ADR (OMAB) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.06%, the Shanghai SE Composite Index is up 0.65%, the Mumbai Sensex is up 0.6%, the Hang Seng is up 0.58%, and the Nikkei 225 is down 0.36%. In Europe, stocks are up. The Euro Stoxx 50 is up 1.41%, the CAC 40 is up 1.33%, the DAX is up 1.27%, and the FTSE 100 is up 0.93%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.58 at $73.55 per barrel. Brent crude is up $0.49 at $78.77 per barrel. Natural Gas is down $0.03 at $2.16. Precious metals are up this morning. Gold is up $4.28 at $1968.98 per ounce. Platinum is up $11.52 at $982.61, while silver is up $0.5 at $23.97. 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 1.08% to $28,644.70, while Ethereum is down 0.27% to $1,804.66. Equity PUT/CALL RATIO Yesterday, 1,149,484 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 734,577 put contracts. The single-session put/call ratio was 0.64. TODAY'S ECONOMIC CALENDAR Continuing Claims 03/18 08:30 ET GDP - Third Estimate Q4 08:30 ET Initial Claims 03/25 08:30 ET EARNINGS EXPECTED TODAY: AMPS, ANGO, ASPS, BCLI, BVS, CAAS, CZOO, MANU, MKTW, NEOG, QBTS, RNLX, SNDA |
