MORNING UPDATE: PriceWatch Alerts for SPOT and More... for 2023-05-10 |
PriceWatch Alerts for SPOT, RMBS, Z, META, ASML, SHAK, GE, FIVE, CCJ, and FNV. Today's optimal covered call on Spotify Technology S.A. has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of SPOT stock at $143.70 per share and sell one contract of the Spotify Technology S.A. May 19, 2023 143 call for $3.72 for a net debit of $139.98 per share. This trade lasts 9 days, giving it an annualized return rate of 78.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Rambus Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of RMBS stock at $47.48 per share and sell one contract of the Rambus Inc May 19, 2023 47 call for $1.47 for a net debit of $46.01 per sha... Today's optimal covered call on Zillow Group Cl C has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of Z stock at $47.49 per share and sell one contract of the Zillow Group Cl C May 19, 2023 47 call for $1.47 for a net debit of $46... Today's optimal covered call on Meta Platforms Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of META stock at $233.37 per share and sell one contract of the Meta Platforms Inc May 19, 2023 232.5 call for $5.51 for a net deb... Today's optimal covered call on Asml Holdings NY Reg ADR has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of ASML stock at $643.05 per share and sell one contract of the Asml Holdings NY Reg ADR May 19, 2023 642.5 call for $12.79 ... Today's optimal covered call on Shake Shack Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of SHAK stock at $65.96 per share and sell one contract of the Shake Shack Inc May 19, 2023 65 call for $2.18 for a net debit of $63.... Today's optimal covered call on General Electric Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of GE stock at $101.00 per share and sell one contract of the General Electric Company May 19, 2023 101 call for $1.83 for a... Today's optimal covered call on Five Below Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of FIVE stock at $199.07 per share and sell one contract of the Five Below Inc May 19, 2023 197.5 call for $5.14 for a net debit of $1... Today's optimal covered call on Cameco Corp has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of CCJ stock at $28.52 per share and sell one contract of the Cameco Corp May 26, 2023 28.5 call for $0.87 for a net debit of $27.65 per ... Today's optimal covered call on Franco Nev Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of FNV stock at $160.42 per share and sell one contract of the Franco Nev Corp May 19, 2023 160 call for $3.24 for a net debit of $15... 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! 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The Mumbai Sensex (S&P BSE SENSEX) is up 0.29%, the Australia ASX All Ordinaries is down 0.06%, the Hang Seng is down 0.36%, the Nikkei 225 is down 0.41%, and the Shanghai SE Composite Index is down 1.15%. Stocks in Europe are down. The Euro Stoxx 50 is down 0.28%, the DAX is down 0.24%, the CAC 40 is down 0.23%, and the FTSE 100 is down 0.16%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.78 at $72.93 per barrel. Brent crude is down $0.79 at $76.65 per barrel. Natural Gas is down $0.04 at $2.23. Precious metals are mixed this morning. Gold is down $4.99 at $2029.57 per ounce. Platinum is up $3.98 at $1112.77, while silver is down $0.07 at $25.53. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is down 0.16% to $27,679.67, while Ethereum is up 0.04% to $1,850.31. Equity PUT/CALL RATIO Yesterday, 3,119,660 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 2,908,742 put contracts. The single-session put/call ratio was 0.93. TODAY'S ECONOMIC CALENDAR CPI April 8:30 a.m. EIA Crude Oil Inventories 05/06 10:30 a.m. EARNINGS EXPECTED TODAY: ADRNY, BBLN, BW, CAMT, COHR, CURO, EVRI, FA, FCNCA, FTCI, GNL, HL, ICL, LFST, LI, MYTE, PRM, SYNH, TCNNF, VLN |