MORNING UPDATE: PriceWatch Alerts for LOW and More... for 2023-07-10 |
| PriceWatch Alerts for LOW, DELL, RYAAY, GMS, JBL, DRI, PDCO, CMC, FERG, and BAH. Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of LOW stock at $221.94 per share and sell one contract of the Lowe's Companies July 21, 2023 220 call for $4.42 for a net debit of $217.52 per share. This trade lasts 11 days, giving it an annualized return rate of 29.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Dell Technologies Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of DELL stock at $53.53 per share and sell one contract of the Dell Technologies Inc August 11, 2023 53 call for $1.90 for a net debit of $51.64 per share. This trade lasts 32 days, giving it an annualized return rate of 27.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Ryanair Hlds Plc ADR has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of RYAAY stock at $107.82 per share and sell one contract of the Ryanair Hlds Plc ADR August 18, 2023 105 call for $5.88 for a net debit of $101.94 per share. This trade lasts 39 days, giving it an annualized return rate of 26.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Gms Inc has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of GMS stock at $68.14 per share and sell one contract of the Gms Inc August 18, 2023 65 call for $4.96 for a net debit of $63.18 per share. This trade lasts 39 days, giving it an annualized return rate of 25.0%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 9.8%. To enter this trade, buy 100 shares of JBL stock at $109.19 per share and sell one contract of the Jabil Circuit December 15, 2023 110 call for $9.03 for a net debit of $100.16 per share. This trade lasts 158 days, giving it an annualized return rate of 22.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Darden Restaurants has an assigned return rate of 0.7%. To enter this trade, buy 100 shares of DRI stock at $163.45 per share and sell one contract of the Darden Restaurants July 21, 2023 160 call for $4.63 for a net debit of $158.82 per share. This trade lasts 11 days, giving it an annualized return rate of 19.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Patterson Companies has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of PDCO stock at $32.03 per share and sell one contract of the Patterson Companies October 20, 2023 32 call for $1.62 for a net debit of $30.41 per share. This trade lasts 102 days, giving it an annualized return rate of 18.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Commercial Metals Company has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of CMC stock at $53.33 per share and sell one contract of the Commercial Metals Company August 18, 2023 50 call for $4.32 for a net debit of $49.01 per share. This trade lasts 39 days, giving it an annualized return rate of 17.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Ferguson Plc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of FERG stock at $154.79 per share and sell one contract of the Ferguson Plc August 18, 2023 150 call for $7.74 for a net debit of $147.05 per share. This trade lasts 39 days, giving it an annualized return rate of 17.4%. 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 1.9%. To enter this trade, buy 100 shares of BAH stock at $112.04 per share and sell one contract of the Booz Allen Hamilton Holding Corp August 18, 2023 110 call for $4.13 for a net debit of $107.91 per share. This trade lasts 39 days, giving it an annualized return rate of 16.8%. 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)! 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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 Nanobiotix S.A. ADR (NBTX), Coya Therapeutics Inc (COYA) and Cbl International Limited (BANL) are moving higher this morning, while Neonode Inc (NEON), Nayax Ltd (NYAX) and Southland Holdings Inc (SLND) are headed lower. Sylvamo Corp (SLVM), The Charles Schwab Corp (SCHW) and First Finl Bncp [Oh] (FFBC) were upgraded, while Dorian Lpg Ltd (LPG), Ball Corporation (BALL) and Watsco Inc (WSO) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.62%, the Shanghai SE Composite Index is up 0.49%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.1%, the Australia ASX All Ordinaries is down 0.54%, and the Nikkei 225 is down 0.61%. In Europe, stocks are up. The CAC 40 is up 0.67%, the Euro Stoxx 50 is up 0.64%, the DAX is up 0.59%, and the FTSE 100 is up 0.45%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.43 at $73.43 per barrel. Brent crude is down $0.41 at $78.06 per barrel. Natural Gas is up $0.09 at $2.67. Precious metals are mixed this morning. Gold is down $0.26 at $1927.79 per ounce. Platinum is up $10.6 at $924.47, while silver is up $0.01 at $23.3. 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 0.21% to $30,214.96, while Ethereum is down 0.28% to $1,864.10. Equity PUT/CALL RATIO Yesterday, 4,578,447 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,807,214 put contracts. The single-session put/call ratio was 0.83. TODAY'S ECONOMIC CALENDAR Wholesale Inventories May 10:00 EARNINGS EXPECTED TODAY: |
