MORNING UPDATE: PriceWatch Alerts for DXCM and More... for 2023-05-24 |
| PriceWatch Alerts for DXCM, PTCT, AZN, CCJ, LNTH, ARWR, MA, MRK, KNX, and BIIB. Today's optimal covered call on Dexcom Inc has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of DXCM stock at $115.69 per share and sell one contract of the Dexcom Inc June 16, 2023 115 call for $4.62 for a net debit of $111.07 per share. This trade lasts 23 days, giving it an annualized return rate of 53.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ptc Therapeutics has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of PTCT stock at $58.41 per share and sell one contract of the Ptc Therapeutics July 21, 2023 55 call for $7.80 for a net debit of $50.61 per share. This trade lasts 58 days, giving it an annualized return rate of 53.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Astrazeneca Plc ADR has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of AZN stock at $74.07 per share and sell one contract of the Astrazeneca Plc ADR June 02, 2023 74 call for $1.10 for a net debit of $72.97 per share. This trade lasts 9 days, giving it an annualized return rate of 51.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Cameco Corp has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of CCJ stock at $28.32 per share and sell one contract of the Cameco Corp June 16, 2023 28 call for $1.23 for a net debit of $27.09 per share. This trade lasts 23 days, giving it an annualized return rate of 51.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Lantheus Holdings has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of LNTH stock at $96.25 per share and sell one contract of the Lantheus Holdings June 16, 2023 95 call for $4.34 for a net debit of $91.91 per share. This trade lasts 23 days, giving it an annualized return rate of 51.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Arrowhead Pharma has an assigned return rate of 8.2%. To enter this trade, buy 100 shares of ARWR stock at $36.28 per share and sell one contract of the Arrowhead Pharma July 21, 2023 35 call for $3.94 for a net debit of $32.34 per share. This trade lasts 58 days, giving it an annualized return rate of 50.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Mastercard Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of MA stock at $373.75 per share and sell one contract of the Mastercard Inc June 02, 2023 372.5 call for $6.35 for a net debit of $367.40 per share. This trade lasts 9 days, giving it an annualized return rate of 50.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Merck & Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of MRK stock at $113.27 per share and sell one contract of the Merck & Company June 02, 2023 113 call for $1.81 for a net debit of $111.46 per share. This trade lasts 9 days, giving it an annualized return rate of 50.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Knight-Swift Transporation Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of KNX stock at $55.25 per share and sell one contract of the Knight-Swift Transporation Inc June 16, 2023 55 call for $1.86 for a net debit of $53.38 per share. This trade lasts 23 days, giving it an annualized return rate of 46.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Biogen Inc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of BIIB stock at $303.15 per share and sell one contract of the Biogen Inc June 02, 2023 302.5 call for $4.38 for a net debit of $298.77 per share. This trade lasts 9 days, giving it an annualized return rate of 45.6%. The risk assessment of this trade is 5 keys (The Lowest 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. 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STOCKS ON THE MOVE The Necessity Retail REIT Inc (RTL), Smart For Life Inc (SMFL) and Urban Outfitters Inc (URBN) are moving higher this morning, while Cohbar Inc (CWBR), Wisekey International Holding Lt (WKEY) and Heartcore Enterprises Inc (HTCR) are headed lower. Workday Inc (WDAY), Sherwin-Williams Company (SHW) and Organogenesis Holdings Inc (ORGO) were upgraded, while Wave Life Sci Ord Sh (WVE), Integra Lifesciences (IART) and Textron Inc (TXT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down 1.62%, the Nikkei 225 is down 0.89%, the Australia ASX All Ordinaries is down 0.73%, the Shanghai SE Composite Index is down 0.46%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.34%. Stocks in Europe are down. The CAC 40 is down 1.77%, the Euro Stoxx 50 is down 1.73%, the FTSE 100 is down 1.72%, and the DAX is down 1.63%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $1.27 at $74.18 per barrel. Brent crude is up $1.18 at $78.02 per barrel. Natural Gas is flat $0 at $2.32. Precious metals are mixed this morning. Gold is up $6.5 at $1981.73 per ounce. Platinum is down $10.92 at $1045.16, while silver is up $0.01 at $23.46. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen, and up against the Pound. Bitcoin is down 2.14% to $26,731.42, while Ethereum is down 2.1% to $1,814.79. Equity PUT/CALL RATIO Yesterday, 3,693,148 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,682,052 put contracts. The single-session put/call ratio was 1. TODAY'S ECONOMIC CALENDAR FOMC Minutes May 2 - 3 2:00 PM EIA Crude Oil Inventories 05/20 10:30 a.m. EARNINGS EXPECTED TODAY: ADI, BLRX, BMO, BNS, CLGN, DY, EXAI, EXPR, FUTU, GCT, ITRN, KMDA, KSS, LPG, PGRU, PLAB, PLCE, SCVL, XPEV, ZH |
