MORNING UPDATE: PriceWatch Alerts for LEN and More... for 2023-07-03 |
| PriceWatch Alerts for LEN, LOW, BBY, PLAB, RL, FERG, NTAP, JBL, LPG, and BAH. Today's optimal covered call on Lennar Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of LEN stock at $125.31 per share and sell one contract of the Lennar Corp July 14, 2023 125 call for $1.87 for a net debit of $123.44 per share. This trade lasts 11 days, giving it an annualized return rate of 32.9%. 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 $225.70 per share and sell one contract of the Lowe's Companies July 14, 2023 225 call for $3.46 for a net debit of $222.24 per share. This trade lasts 11 days, giving it an annualized return rate of 32.4%. 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 $81.95 per share and sell one contract of the Best Buy Company July 14, 2023 81 call for $1.93 for a net debit of $80.02 per share. This trade lasts 11 days, giving it an annualized return rate of 32.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Photronics Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of PLAB stock at $25.79 per share and sell one contract of the Photronics Inc August 18, 2023 25 call for $1.78 for a net debit of $24.02 per share. This trade lasts 46 days, giving it an annualized return rate of 30.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Ralph Lauren Corp has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of RL stock at $123.30 per share and sell one contract of the Ralph Lauren Corp August 18, 2023 120 call for $7.73 for a net debit of $115.57 per share. This trade lasts 46 days, giving it an annualized return rate of 28.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ferguson Plc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FERG stock at $157.31 per share and sell one contract of the Ferguson Plc July 21, 2023 155 call for $4.33 for a net debit of $152.98 per share. This trade lasts 18 days, giving it an annualized return rate of 23.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Netapp Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of NTAP stock at $76.40 per share and sell one contract of the Netapp Inc July 28, 2023 76 call for $1.62 for a net debit of $74.78 per share. This trade lasts 25 days, giving it an annualized return rate of 21.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of JBL stock at $107.93 per share and sell one contract of the Jabil Circuit August 18, 2023 105 call for $5.82 for a net debit of $102.11 per share. This trade lasts 46 days, giving it an annualized return rate of 21.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Dorian Lpg Ltd has an assigned return rate of 9.4%. To enter this trade, buy 100 shares of LPG stock at $25.65 per share and sell one contract of the Dorian Lpg Ltd December 15, 2023 25 call for $2.80 for a net debit of $22.85 per share. This trade lasts 165 days, giving it an annualized return rate of 20.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Booz Allen Hamilton Holding Corp has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of BAH stock at $111.60 per share and sell one contract of the Booz Allen Hamilton Holding Corp July 21, 2023 110 call for $2.83 for a net debit of $108.77 per share. This trade lasts 18 days, giving it an annualized return rate of 19.7%. The risk assessment of this trade is 2 keys (Considerable 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 Gri Bio Inc (GRI), Alvotech (ALVO) and Livewire Group Inc (LVWR) are moving higher this morning, while Inogen Inc (INGN), Agile Therapeutics Inc (AGRX) and Vbi Vaccines Inc CS (VBIV) are headed lower. Lazard Ltd (LAZ), Acm Research Inc (ACMR) and () were upgraded, while Croda International Plc (COIHY), () and () were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Hang Seng is up 2.06%, the Nikkei 225 is up 1.7%, the Shanghai SE Composite Index is up 1.31%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.75%, and the Australia ASX All Ordinaries is up 0.59%. In Europe, stocks are mixed. The FTSE 100 is up 0.35%, the Euro Stoxx 50 is up 0.28%, the CAC 40 is up 0.11%, and the DAX is down 0.14%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.78 at $71.42 per barrel. Brent crude is up $0.66 at $76.07 per barrel. Natural Gas is down $0.1 at $2.7. Precious metals are mixed this morning. Gold is down $6.94 at $1912.41 per ounce. Platinum is up $1.93 at $908.23, while silver is down $0.03 at $22.99. 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 up 0.35% to $30,642.89, while Ethereum is up 2.24% to $1,962.72. Equity PUT/CALL RATIO Yesterday, 5,448,447 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,820,506 put contracts. The single-session put/call ratio was 0.88. TODAY'S ECONOMIC CALENDAR ISM Manufacturing June 10:00 a.m. EARNINGS EXPECTED TODAY: |
