MORNING UPDATE: PriceWatch Alerts for KBH and More... for 2023-04-26 |
| PriceWatch Alerts for KBH, TME, LTH, LW, DRI, CPB, CPRX, GIS, CAG, and MSM. Today's optimal covered call on KB Home has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of KBH stock at $41.83 per share and sell one contract of the KB Home June 16, 2023 42 call for $1.96 for a net debit of $39.87 per share. This trade lasts 51 days, giving it an annualized return rate of 37.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Tencent Music Entertainment ADR has an assigned return rate of 17.8%. To enter this trade, buy 100 shares of TME stock at $7.00 per share and sell one contract of the Tencent Music Entertainment ADR October 20, 2023 7 call for $1.06 for a net debit of $5.94 per share. This trade lasts 177 days, giving it an annualized return rate of 36.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Life Time Group Holdings Inc has an assigned return rate of 7.2%. To enter this trade, buy 100 shares of LTH stock at $18.77 per share and sell one contract of the Life Time Group Holdings Inc July 21, 2023 17.5 call for $2.44 for a net debit of $16.33 per share. This trade lasts 86 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 Lamb Weston Holdings Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of LW stock at $109.79 per share and sell one contract of the Lamb Weston Holdings Inc May 19, 2023 110 call for $1.86 for a net debit of $107.92 per share. This trade lasts 23 days, giving it an annualized return rate of 29.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Darden Restaurants has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DRI stock at $146.46 per share and sell one contract of the Darden Restaurants May 19, 2023 145 call for $4.05 for a net debit of $142.41 per share. This trade lasts 23 days, giving it an annualized return rate of 27.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Campbell Soup Company has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of CPB stock at $54.67 per share and sell one contract of the Campbell Soup Company May 19, 2023 54 call for $1.51 for a net debit of $53.16 per share. This trade lasts 23 days, giving it an annualized return rate of 24.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Catalyst Pharm Inc has an assigned return rate of 8.2%. To enter this trade, buy 100 shares of CPRX stock at $16.09 per share and sell one contract of the Catalyst Pharm Inc September 15, 2023 15 call for $2.23 for a net debit of $13.86 per share. This trade lasts 142 days, giving it an annualized return rate of 21.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on General Mills has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of GIS stock at $88.50 per share and sell one contract of the General Mills May 19, 2023 87.5 call for $2.12 for a net debit of $86.38 per share. This trade lasts 23 days, giving it an annualized return rate of 19.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Conagra Brands Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of CAG stock at $38.14 per share and sell one contract of the Conagra Brands Inc June 16, 2023 38 call for $0.96 for a net debit of $37.17 per share. This trade lasts 51 days, giving it an annualized return rate of 15.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Msc Industrial Direct Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MSM stock at $89.64 per share and sell one contract of the Msc Industrial Direct Company June 16, 2023 85 call for $6.15 for a net debit of $83.49 per share. This trade lasts 51 days, giving it an annualized return rate of 12.7%. 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 In8Bio Inc (INAB), Sobr Safe Inc (SOBR) and Pacwest Bancorp (PACW) are moving higher this morning, while Enphase Energy Inc (ENPH), Apollomics Inc Cl A (APLM) and Millennium Group International H (MGIH) are headed lower. Novartis Ag ADR (NVS), Coca-Cola Europacific Partners P (CCEP) and Transunion (TRU) were upgraded, while Tesla Inc (TSLA), Northern Trust Corp (NTRS) and Nextera Energy Partners LP (NEP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.71%, the Mumbai Sensex is up 0.28%, the Shanghai SE Composite Index is down 0.02%, the Australia ASX All Ordinaries is down 0.12%, and the Nikkei 225 is down 0.71%. Stocks in Europe are down. The CAC 40 is down 1.03%, the Euro Stoxx 50 is down 0.98%, the DAX is down 0.65%, and the FTSE 100 is down 0.34%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.25 at $76.82 per barrel. Brent crude is down $0.58 at $80.19 per barrel. Natural Gas is down $0.1 at $2.21. Precious metals are mixed this morning. Gold is down $1.28 at $1996.11 per ounce. Platinum is up $4.93 at $1097.21, while silver is up $0.2 at $25.29. 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 7.42% to $29,429.26, while Ethereum is up 5.82% to $1,933.00. Equity PUT/CALL RATIO Yesterday, 3,986,610 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,042,565 put contracts. The single-session put/call ratio was 1.01. TODAY'S ECONOMIC CALENDAR Durable Goods Orders March 8:30 a.m. Crude Oil Inventories 4/22 10:30 a.m. EARNINGS EXPECTED TODAY: ALLE, CPF, CSTM, GSK, IART, NMR, TEL, TMO |
