MORNING UPDATE: PriceWatch Alerts for ETNB and More... for 2023-06-06 |
| PriceWatch Alerts for ETNB, MAR, SHEL, PACB, KNX, ALSN, HUM, ROK, LTH, and AZN. Today's optimal covered call on 89Bio Inc has an assigned return rate of 7.9%. To enter this trade, buy 100 shares of ETNB stock at $19.99 per share and sell one contract of the 89Bio Inc July 21, 2023 20 call for $1.46 for a net debit of $18.54 per share. This trade lasts 45 days, giving it an annualized return rate of 62.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Marriot Int Cl A has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of MAR stock at $177.22 per share and sell one contract of the Marriot Int Cl A June 16, 2023 177.5 call for $2.97 for a net debit of $174.26 per share. This trade lasts 10 days, giving it an annualized return rate of 61.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Royal Dutch Shell Plc ADR has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SHEL stock at $57.71 per share and sell one contract of the Royal Dutch Shell Plc ADR June 16, 2023 57.5 call for $1.22 for a net debit of $56.50 per share. This trade lasts 10 days, giving it an annualized return rate of 59.0%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Pacific Biosciences has an assigned return rate of 7.3%. To enter this trade, buy 100 shares of PACB stock at $13.58 per share and sell one contract of the Pacific Biosciences July 21, 2023 13 call for $1.46 for a net debit of $12.12 per share. This trade lasts 45 days, giving it an annualized return rate of 58.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Knight-Swift Transporation Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of KNX stock at $55.47 per share and sell one contract of the Knight-Swift Transporation Inc June 16, 2023 55 call for $1.41 for a net debit of $54.06 per share. This trade lasts 10 days, giving it an annualized return rate of 57.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Allison Transmission Holdings has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of ALSN stock at $50.04 per share and sell one contract of the Allison Transmission Holdings June 16, 2023 50 call for $0.88 for a net debit of $49.16 per share. This trade lasts 10 days, giving it an annualized return rate of 56.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Humana Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of HUM stock at $523.94 per share and sell one contract of the Humana Inc June 16, 2023 525 call for $7.35 for a net debit of $516.59 per share. This trade lasts 10 days, giving it an annualized return rate of 54.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Rockwell Automation Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of ROK stock at $291.71 per share and sell one contract of the Rockwell Automation Inc June 16, 2023 290 call for $6.33 for a net debit of $285.38 per share. This trade lasts 10 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 Life Time Group Holdings Inc has an assigned return rate of 6.7%. To enter this trade, buy 100 shares of LTH stock at $20.09 per share and sell one contract of the Life Time Group Holdings Inc July 21, 2023 20 call for $1.34 for a net debit of $18.75 per share. This trade lasts 45 days, giving it an annualized return rate of 52.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Astrazeneca Plc ADR has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of AZN stock at $73.20 per share and sell one contract of the Astrazeneca Plc ADR June 16, 2023 73 call for $1.34 for a net debit of $71.86 per share. This trade lasts 10 days, giving it an annualized return rate of 52.8%. The risk assessment of this trade is 4 keys (Low 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 Thermogenesis Holdings Inc (THMO), Gitlab Inc Cl A (GTLB) and Zura Bio Ltd (ZURA) are moving higher this morning, while Ultra Silver 2X ETF (AGQ), AT&T Inc (T) and Medical Properties Trust (MPW) are headed lower. Dte Energy Company (DTE), AT&T Inc (T) and Siteone Landscape Supply (SITE) were upgraded, while Epam Systems Inc (EPAM), Dollar General Corp (DG) and Cabot Corp (CBT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.9%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.01%, the Hang Seng is down 0.23%, the Australia ASX All Ordinaries is down 1.1%, and the Shanghai SE Composite Index is down 1.15%. Stocks in Europe are down. The Euro Stoxx 50 is down 0.3%, the FTSE 100 is down 0.25%, the CAC 40 is down 0.2%, and the DAX is down 0.12%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $1.63 at $70.52 per barrel. Brent crude is down $1.62 at $75.09 per barrel. Natural Gas is down $0.03 at $2.21. Precious metals are up this morning. Gold is up $1.12 at $1962.98 per ounce. Platinum is up $7.85 at $1040.63, while silver is up $0.11 at $23.65. 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 down 4.12% to $25,686.57, while Ethereum is down 3.12% to $1,812.26. Equity PUT/CALL RATIO Yesterday, 3,971,157 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,836,975 put contracts. The single-session put/call ratio was 0.97. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: ABM, ASO, BASE, CBRL, CHS, CIEN, CNM, CVGW, FERG, GIII, MOMO, PLAY, QMCO, SJM, THO, ZFOX |
