MORNING UPDATE: PriceWatch Alerts for ATEC and More... for 2023-04-05 |
| PriceWatch Alerts for ATEC, CPRT, PARR, BJ, CERT, TJX, ARNC, RELY, SJM, and ZYME. Today's optimal covered call on Alphatec Holdings has an assigned return rate of 10.3%. To enter this trade, buy 100 shares of ATEC stock at $15.93 per share and sell one contract of the Alphatec Holdings July 21, 2023 15 call for $2.34 for a net debit of $13.60 per share. This trade lasts 107 days, giving it an annualized return rate of 34.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Copart Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of CPRT stock at $75.67 per share and sell one contract of the Copart Inc April 21, 2023 75 call for $1.82 for a net debit of $73.84 per share. This trade lasts 16 days, giving it an annualized return rate of 33.6%. 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 4.1%. To enter this trade, buy 100 shares of PARR stock at $27.05 per share and sell one contract of the Par Petroleum Corp May 19, 2023 25 call for $3.04 for a net debit of $24.01 per share. This trade lasts 44 days, giving it an annualized return rate of 33.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Bj's Wholesale Club Holdings Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of BJ stock at $75.75 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 $73.89 per share. This trade lasts 16 days, giving it an annualized return rate of 32.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Certara Inc has an assigned return rate of 19.7%. To enter this trade, buy 100 shares of CERT stock at $23.10 per share and sell one contract of the Certara Inc November 17, 2023 22.5 call for $4.30 for a net debit of $18.80 per share. This trade lasts 226 days, giving it an annualized return rate of 31.6%. 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 1.4%. To enter this trade, buy 100 shares of TJX stock at $78.64 per share and sell one contract of the TJX Companies April 21, 2023 78 call for $1.75 for a net debit of $76.89 per share. This trade lasts 16 days, giving it an annualized return rate of 31.0%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Arconic Corp has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of ARNC stock at $25.55 per share and sell one contract of the Arconic Corp May 19, 2023 25 call for $1.44 for a net debit of $24.11 per share. This trade lasts 44 days, giving it an annualized return rate of 29.9%. 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 8.8%. To enter this trade, buy 100 shares of RELY stock at $16.94 per share and sell one contract of the Remitly Global Inc July 21, 2023 15 call for $3.15 for a net debit of $13.79 per share. This trade lasts 107 days, giving it an annualized return rate of 29.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on J.M. Smucker Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of SJM stock at $155.74 per share and sell one contract of the J.M. Smucker Company April 21, 2023 155 call for $2.83 for a net debit of $152.91 per share. This trade lasts 16 days, giving it an annualized return rate of 29.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Zymeworks Inc has an assigned return rate of 14.9%. To enter this trade, buy 100 shares of ZYME stock at $9.40 per share and sell one contract of the Zymeworks Inc October 20, 2023 7.5 call for $2.88 for a net debit of $6.52 per share. This trade lasts 198 days, giving it an annualized return rate of 27.4%. 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Liminal Biosciences Inc (LMNL), Fireman B.V. (IFRX) and T Stamp Inc (IDAI) are moving higher this morning, while Assure Holdings Corp (IONM), The Nft Gaming Company Inc (NFTG) and Clarus Corp (CLAR) are headed lower. Accenture Plc (ACN), Zions Bancorp (ZION) and Unitedhealth Group Inc (UNH) were upgraded, while Albemarle Corp (ALB), Xponential Fitness Inc Cl A (XPOF) and On Holding Ag Cl A (ONON) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex is up 0.99%, the Shanghai SE Composite Index is up 0.49%, the Australia ASX All Ordinaries is up 0.04%, the Hang Seng is down 0.66%, and the Nikkei 225 is down 1.68%. In Europe, stocks are mixed. The FTSE 100 is up 0.37%, the CAC 40 is down 0.1%, the Euro Stoxx 50 is down 0.13%, and the DAX is down 0.3%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.05 at $80.66 per barrel. Brent crude is down $0.04 at $84.9 per barrel. Natural Gas is up $0.01 at $2.12. Precious metals are mixed this morning. Gold is up $2.77 at $2023.19 per ounce. Platinum is up $0.75 at $1022.33, while silver is down $0.19 at $24.91. 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 up 1.11% to $28,584.81, while Ethereum is up 2.68% to $1,914.60. Equity PUT/CALL RATIO Yesterday, 980,514 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 752,245 put contracts. The single-session put/call ratio was 0.77. TODAY'S ECONOMIC CALENDAR ADP Employment Change Mar 08:15 ET ISM Non-Manufacturing Index Mar 10:00 ET EIA Crude Oil Inventories 04/01 10:30 ET EARNINGS EXPECTED TODAY: CAG, NTZ, RELL, SCHN, SLP, SMPL |
