MORNING UPDATE: PriceWatch Alerts for HUBS and More... for 2023-06-29 |
PriceWatch Alerts for HUBS, FTNT, FIVE, KNX, BLDR, MAR, BBY, MSFT, FDX, and LOW. Today's optimal covered call on Hubspot Inc has an assigned return rate of 3.5%. To enter this trade, buy 100 shares of HUBS stock at $524.68 per share and sell one contract of the Hubspot Inc July 21, 2023 520 call for $22.18 for a net debit of $502.50 per share. This trade lasts 22 days, giving it an annualized return rate of 55.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Fortinet Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FTNT stock at $74.33 per share and sell one contract of the Fortinet Inc July 07, 2023 74 call for $1.31 for a net debit of $73.02 per share. This trade lasts 8 days, giving it an annualized return rate of 54.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Five Below Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FIVE stock at $198.75 per share and sell one contract of the Five Below Inc July 07, 2023 197.5 call for $3.83 for a net debit of $194.92 per share. This trade lasts 8 days, giving it an annualized return rate of 53.7%. 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 3.3%. To enter this trade, buy 100 shares of KNX stock at $55.39 per share and sell one contract of the Knight-Swift Transporation Inc July 21, 2023 55 call for $2.17 for a net debit of $53.22 per share. This trade lasts 22 days, giving it an annualized return rate of 52.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Builders Firstsource has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of BLDR stock at $135.34 per share and sell one contract of the Builders Firstsource July 21, 2023 135 call for $4.63 for a net debit of $130.71 per share. This trade lasts 22 days, giving it an annualized return rate of 52.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Marriot Int Cl A has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of MAR stock at $177.66 per share and sell one contract of the Marriot Int Cl A July 07, 2023 177.5 call for $2.41 for a net debit of $175.25 per share. This trade lasts 8 days, giving it an annualized return rate of 52.1%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Best Buy Company has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of BBY stock at $82.28 per share and sell one contract of the Best Buy Company July 07, 2023 82 call for $1.31 for a net debit of $80.97 per share. This trade lasts 8 days, giving it an annualized return rate of 51.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Microsoft Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of MSFT stock at $335.85 per share and sell one contract of the Microsoft Corp July 07, 2023 335 call for $4.92 for a net debit of $330.92 per share. This trade lasts 8 days, giving it an annualized return rate of 49.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Fedex Corp has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of FDX stock at $248.44 per share and sell one contract of the Fedex Corp July 07, 2023 247.5 call for $3.86 for a net debit of $244.58 per share. This trade lasts 8 days, giving it an annualized return rate of 48.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of LOW stock at $222.52 per share and sell one contract of the Lowe's Companies July 07, 2023 222.5 call for $2.65 for a net debit of $219.87 per share. This trade lasts 8 days, giving it an annualized return rate of 48.5%. 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)! 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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 Zivo Bioscience (ZIVO), Kintara Therapeutics Inc (KTRA) and Joby Aviation Inc (JOBY) are moving higher this morning, while Bioxcel Therapeutics Inc (BTAI), Medicinova Inc (MNOV) and Cormedix Inc (CRMD) are headed lower. The Realreal Inc (REAL), Schneider National Inc (SNDR) and Micron Technology (MU) were upgraded, while Graphic Packaging Holding Compan (GPK), Walt Disney Company (DIS) and Inter Cl A (INTR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.79%, the Nikkei 225 is up 0.12%, the Australia ASX All Ordinaries is down 0.02%, the Shanghai SE Composite Index is down 0.49%, and the Hang Seng is down 1.24%. In Europe, stocks are mixed. The CAC 40 is up 0.74%, the Euro Stoxx 50 is up 0.5%, the DAX is up 0.25%, and the FTSE 100 is down 0.23%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.18 at $69.74 per barrel. Brent crude is up $0.25 at $74.28 per barrel. Natural Gas is flat $0 at $2.67. Precious metals are mixed this morning. Gold is up $3 at $1910.32 per ounce. Platinum is down $2.35 at $912.69, while silver is down $0.01 at $23.07. 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 0.98% to $30,641.72, while Ethereum is up 0.38% to $1,868.68. Equity PUT/CALL RATIO Yesterday, 4,032,409 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,379,518 put contracts. The single-session put/call ratio was 0.84. TODAY'S ECONOMIC CALENDAR Initial Claims 6/24 8:30 a.m. Pending Homes Sales May 10:00 a.m. EARNINGS EXPECTED TODAY: ACCD, AYI, GBX, LNN, MITK, MKC, MSM, NKE, NNDM, PAYX, PRGS, RAD, SGH, SMPL |