MORNING UPDATE: PriceWatch Alerts for GOOGL and More... for 2023-07-28 |
| PriceWatch Alerts for GOOGL, DPZ, PHM, ORCL, FDX, FCX, GOOG, BA, RL, and BBY. Today's optimal covered call on Alphabet Cl A has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of GOOGL stock at $129.40 per share and sell one contract of the Alphabet Cl A August 04, 2023 129 call for $2.21 for a net debit of $127.19 per share. This trade lasts 7 days, giving it an annualized return rate of 64.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Domino's Pizza Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of DPZ stock at $402.58 per share and sell one contract of the Domino's Pizza Inc August 04, 2023 402.5 call for $5.57 for a net debit of $397.01 per share. This trade lasts 7 days, giving it an annualized return rate of 63.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Pultegroup has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of PHM stock at $83.64 per share and sell one contract of the Pultegroup August 04, 2023 83 call for $1.76 for a net debit of $81.88 per share. This trade lasts 7 days, giving it an annualized return rate of 62.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Oracle Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of ORCL stock at $116.40 per share and sell one contract of the Oracle Corp August 04, 2023 116 call for $1.96 for a net debit of $114.44 per share. This trade lasts 7 days, giving it an annualized return rate of 62.4%. 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 1.4%. To enter this trade, buy 100 shares of FDX stock at $265.37 per share and sell one contract of the Fedex Corp August 04, 2023 265 call for $3.92 for a net debit of $261.46 per share. This trade lasts 7 days, giving it an annualized return rate of 61.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Freeport-Mcmoran Inc has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of FCX stock at $43.29 per share and sell one contract of the Freeport-Mcmoran Inc August 11, 2023 43 call for $1.35 for a net debit of $41.94 per share. This trade lasts 14 days, giving it an annualized return rate of 61.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Alphabet Cl C has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of GOOG stock at $129.87 per share and sell one contract of the Alphabet Cl C August 04, 2023 129 call for $2.47 for a net debit of $127.40 per share. This trade lasts 7 days, giving it an annualized return rate of 57.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Boeing Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of BA stock at $233.75 per share and sell one contract of the Boeing Company August 04, 2023 232.5 call for $4.08 for a net debit of $229.68 per share. This trade lasts 7 days, giving it an annualized return rate of 56.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Ralph Lauren Corp has an assigned return rate of 3.4%. To enter this trade, buy 100 shares of RL stock at $126.47 per share and sell one contract of the Ralph Lauren Corp August 18, 2023 125 call for $5.53 for a net debit of $120.94 per share. This trade lasts 21 days, giving it an annualized return rate of 55.7%. The risk assessment of this trade is 3 keys (Moderate 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 $83.54 per share and sell one contract of the Best Buy Company August 04, 2023 83 call for $1.53 for a net debit of $82.01 per share. This trade lasts 7 days, giving it an annualized return rate of 55.0%. 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 Reata Pharma (RETA), Siga Technologies Inc (SIGA) and Thunder Bridge Capital Partners (TBCP) are moving higher this morning, while Sleep Number Corp (SNBR), Enphase Energy Inc (ENPH) and Kiromic Biopharma Inc (KRBP) are headed lower. Teck Resources Ltd (TECK), Tc Energy Corp (TRP) and Block Inc (SQ) were upgraded, while Enphase Energy Inc (ENPH), Farmers & Merch Banc (FMAO) and Centerpoint Energy Inc (CNP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 2.32%, the Hang Seng is up 1.41%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.16%, the Nikkei 225 is down 0.4%, and the Australia ASX All Ordinaries is down 0.7%. In Europe, stocks are mixed. The Euro Stoxx 50 is up 0.01%, the DAX is flat 0%, the FTSE 100 is down 0.03%, and the CAC 40 is down 0.19%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.28 at $79.81 per barrel. Brent crude is down $0.38 at $83.86 per barrel. Natural Gas is flat $0 at $2.59. Precious metals are up this morning. Gold is up $10.93 at $1956.93 per ounce. Platinum is up $4.66 at $942.18, while silver is up $0.06 at $24.43. 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 down 0.97% to $29,208.14, while Ethereum is down 0.5% to $1,867.48. Equity PUT/CALL RATIO Yesterday, 5,254,373 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,031,368 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Personal Income/Spending June 8:30 a.m. PCE Prices June 8:30 a.m. U.Mich Consumer Sentiment July 10:00 a.m. EARNINGS EXPECTED TODAY: AON, ARCB, AVTR, AZN, B, CNC, CRI, CVEO, CVX, DCOM, E, FUPBY, GRC, GTLS, ITCL, KMTUY, POR, SEKEY, SNY |
