MORNING UPDATE: PriceWatch Alerts for LLY and More... for 2023-06-30 |
| PriceWatch Alerts for LLY, MSFT, ELF, BBY, ETNB, HUBS, WDAY, BLDR, LNTH, and KNX. Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of LLY stock at $464.49 per share and sell one contract of the Eli Lilly and Company July 07, 2023 465 call for $5.03 for a net debit of $459.46 per share. This trade lasts 7 days, giving it an annualized return rate of 55.0%. 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 $335.05 per share and sell one contract of the Microsoft Corp July 07, 2023 335 call for $3.98 for a net debit of $331.07 per share. This trade lasts 7 days, giving it an annualized return rate of 54.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on E.L.F. Beauty Inc has an assigned return rate of 7.3%. To enter this trade, buy 100 shares of ELF stock at $112.50 per share and sell one contract of the E.L.F. Beauty Inc August 18, 2023 110 call for $9.96 for a net debit of $102.54 per share. This trade lasts 49 days, giving it an annualized return rate of 53.1%. 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 1.2%. To enter this trade, buy 100 shares of BBY stock at $83.21 per share and sell one contract of the Best Buy Company July 07, 2023 83 call for $1.16 for a net debit of $82.06 per share. This trade lasts 7 days, giving it an annualized return rate of 52.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on 89Bio Inc has an assigned return rate of 7.1%. To enter this trade, buy 100 shares of ETNB stock at $17.72 per share and sell one contract of the 89Bio Inc August 18, 2023 17.5 call for $1.38 for a net debit of $16.34 per share. This trade lasts 49 days, giving it an annualized return rate of 51.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Hubspot Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of HUBS stock at $516.41 per share and sell one contract of the Hubspot Inc July 21, 2023 510 call for $21.81 for a net debit of $494.60 per share. This trade lasts 21 days, giving it an annualized return rate of 51.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Workday Inc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of WDAY stock at $227.12 per share and sell one contract of the Workday Inc July 07, 2023 225 call for $4.62 for a net debit of $222.50 per share. This trade lasts 7 days, giving it an annualized return rate of 51.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Builders Firstsource has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of BLDR stock at $136.17 per share and sell one contract of the Builders Firstsource July 21, 2023 135 call for $5.21 for a net debit of $130.96 per share. This trade lasts 21 days, giving it an annualized return rate of 51.2%. 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 6.9%. To enter this trade, buy 100 shares of LNTH stock at $82.95 per share and sell one contract of the Lantheus Holdings August 18, 2023 80 call for $8.13 for a net debit of $74.82 per share. This trade lasts 49 days, giving it an annualized return rate of 50.5%. 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 3.0%. To enter this trade, buy 100 shares of KNX stock at $55.74 per share and sell one contract of the Knight-Swift Transporation Inc July 21, 2023 55 call for $2.32 for a net debit of $53.42 per share. This trade lasts 21 days, giving it an annualized return rate of 49.1%. The risk assessment of this trade is 3 keys (Moderate 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 Renalytix Ai Plc ADR (RNLX), Zhong Yang Financial Group Limit (TOP) and Bright Health Group Inc (BHG) are moving higher this morning, while Paltalk Inc (PALT), Guardion Health Sciences Inc (GHSI) and Root Inc (ROOT) are headed lower. Enphase Energy Inc (ENPH), Scorpio Tankers Inc (STNG) and Ftai Aviation Ltd (FTAI) were upgraded, while Eos Energy Enterprises Inc (EOSE), (ZPEV) and Innovative Industrial Properties (IIPR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 1.26%, the Shanghai SE Composite Index is up 0.54%, the Australia ASX All Ordinaries is up 0.12%, the Hang Seng is down 0.09%, and the Nikkei 225 is down 0.14%. In Europe, stocks are up. The DAX is up 1.08%, the CAC 40 is up 1.06%, the Euro Stoxx 50 is up 0.83%, and the FTSE 100 is up 0.73%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.03 at $69.89 per barrel. Brent crude is up $0.09 at $74.43 per barrel. Natural Gas is down $0.04 at $2.66. Precious metals are down this morning. Gold is down $2.76 at $1905.44 per ounce. Platinum is down $7.29 at $891.67, while silver is down $0.2 at $22.6. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and down against the Pound. Bitcoin is up 0.98% to $30,952.60, while Ethereum is up 1.28% to $1,893.04. Equity PUT/CALL RATIO Yesterday, 3,760,495 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,259,580 put contracts. The single-session put/call ratio was 0.87. TODAY'S ECONOMIC CALENDAR Personal Income May 8:30 a.m. Personal Spending May 8:30 a.m. PCE Prices May 8:30 a.m. EARNINGS EXPECTED TODAY: STZ |
