MORNING UPDATE: PriceWatch Alerts for FWONK and More... for 2023-05-05 |
| PriceWatch Alerts for FWONK, CLH, AGL, JBL, CERT, WING, PARR, CPRT, VST, and ZYME. Today's optimal covered call on Liberty Media F1 Series K has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of FWONK stock at $70.53 per share and sell one contract of the Liberty Media F1 Series K May 19, 2023 70 call for $2.04 for a net debit of $68.50 per share. This trade lasts 14 days, giving it an annualized return rate of 53.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Clean Harbors has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of CLH stock at $136.54 per share and sell one contract of the Clean Harbors May 19, 2023 135 call for $4.28 for a net debit of $132.26... Today's optimal covered call on Agilon Health Inc has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of AGL stock at $24.29 per share and sell one contract of the Agilon Health Inc June 16, 2023 22.5 call for $3.03 for a net debit o... Today's optimal covered call on Jabil Circuit has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of JBL stock at $75.77 per share and sell one contract of the Jabil Circuit May 19, 2023 75 call for $2.23 for a net debit of $73.54 pe... Today's optimal covered call on Certara Inc has an assigned return rate of 13.6%. To enter this trade, buy 100 shares of CERT stock at $22.33 per share and sell one contract of the Certara Inc August 18, 2023 22.5 call for $2.53 for a net debit of $19.80... Today's optimal covered call on Wingstop Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of WING stock at $207.57 per share and sell one contract of the Wingstop Inc May 19, 2023 200 call for $11.28 for a net debit of $196.29... Today's optimal covered call on Par Petroleum Corp has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of PARR stock at $21.26 per share and sell one contract of the Par Petroleum Corp June 16, 2023 20 call for $2.23 for a net debit ... Today's optimal covered call on Copart Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of CPRT stock at $78.23 per share and sell one contract of the Copart Inc May 19, 2023 77.5 call for $2.06 for a net debit of $76.17 per s... Today's optimal covered call on Vistra Energy Corp has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of VST stock at $23.17 per share and sell one contract of the Vistra Energy Corp June 16, 2023 23 call for $1.16 for a net debit o... Today's optimal covered call on Zymeworks Inc has an assigned return rate of 16.6%. To enter this trade, buy 100 shares of ZYME stock at $8.49 per share and sell one contract of the Zymeworks Inc October 20, 2023 7.5 call for $2.06 for a net debit of $6.... 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 Carvana Company Cl A (CVNA), Save Foods Inc (SVFD) and Ambipar Emergency Response Cl A (AMBI) are moving higher this morning, while Trupanion Inc (TRUP), Soligenix Inc (SNGX) and Qurate Retail Inc Series B (QRTEB) are headed lower. Daqo New Energy ADR (DQ), Zions Bancorp (ZION) and Western Alliance Bancorp (WAL) were upgraded, while Gold Fields Ltd ADR (GFI), Clearfield Inc (CLFD) and Northwest Natural Gas Company (NWN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Mumbai Sensex is up 1.13%, the Shanghai SE Composite Index is up 0.81%, the Hang Seng is up 0.5%, the Australia ASX All Ordinaries is up 0.34%, and the Nikkei 225 is up 0.12%. In Europe, stocks are up. The DAX is up 0.85%, the CAC 40 is up 0.6%, the FTSE 100 is up 0.58%, and the Euro Stoxx 50 is up 0.48%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $3.02 at $70.66 per barrel. Brent crude is up $2.84 at $74.56 per barrel. Natural Gas is up $0.14 at $2.1. Precious metals are up this morning. Gold is up $0.72 at $2035.5 per ounce. Platinum is up $0.2 at $1045.92, while silver is up $0.87 at $25.82. The dollar is mixed compared to the major currencies today. The greenback is flat against the euro, up against the Yen, and down against the Pound. Bitcoin is down 0.06% to $29,166.26, while Ethereum is up 0.35% to $1,912.82. Equity PUT/CALL RATIO Yesterday, 4,757,996 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,321,243 put contracts. The single-session put/call ratio was 0.91. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls April 8:30 a.m. Unemployment Rate April 8:30 a.m. Avg. Hourly Earnings April 8:30 a.m. EARNINGS EXPECTED TODAY: AMRX, ASIX, CI, CIO, CNK, EDIT, EPAM, ESNT, EVRG, GTN, HUN, INTT, JOUT, MGA, MITT, MMI, OMI, PBF, PRLB, TILE |
