MORNING UPDATE: PriceWatch Alerts for NVO and More... for 2023-08-18 |
| PriceWatch Alerts for NVO, GS, TOST, PSX, BSX, APP, LLY, BA, HAL, and APA. Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of NVO stock at $184.72 per share and sell one contract of the Novo Nordisk A/S ADR August 25, 2023 185 call for $2.37 for a net debit of $182.36 per share. This trade lasts 7 days, giving it an annualized return rate of 66.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Goldman Sachs Group has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of GS stock at $327.52 per share and sell one contract of the Goldman Sachs Group August 25, 2023 327.5 call for $4.68 for a net debit of $322.83 per share. This trade lasts 7 days, giving it an annualized return rate of 65.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Toast Inc Cl A has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of TOST stock at $22.68 per share and sell one contract of the Toast Inc Cl A September 08, 2023 22.5 call for $1.02 for a net debit of $21.66 per share. This trade lasts 21 days, giving it an annualized return rate of 64.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Phillips 66 has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of PSX stock at $113.59 per share and sell one contract of the Phillips 66 August 25, 2023 113 call for $2.16 for a net debit of $111.43 per share. This trade lasts 7 days, giving it an annualized return rate of 64.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Boston Scientific Corp has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of BSX stock at $50.94 per share and sell one contract of the Boston Scientific Corp September 01, 2023 51 call for $1.24 for a net debit of $49.70 per share. This trade lasts 14 days, giving it an annualized return rate of 63.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Applovin Corp Cl A has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of APP stock at $37.82 per share and sell one contract of the Applovin Corp Cl A September 15, 2023 37.5 call for $2.06 for a net debit of $35.76 per share. This trade lasts 28 days, giving it an annualized return rate of 61.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of LLY stock at $537.66 per share and sell one contract of the Eli Lilly and Company August 25, 2023 537.5 call for $7.23 for a net debit of $530.42 per share. This trade lasts 7 days, giving it an annualized return rate of 60.9%. 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 1.3%. To enter this trade, buy 100 shares of BA stock at $224.54 per share and sell one contract of the Boeing Company August 25, 2023 222.5 call for $4.92 for a net debit of $219.62 per share. This trade lasts 7 days, giving it an annualized return rate of 59.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Halliburton Company has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of HAL stock at $39.27 per share and sell one contract of the Halliburton Company September 01, 2023 39 call for $1.19 for a net debit of $38.08 per share. This trade lasts 14 days, giving it an annualized return rate of 58.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Apa Corp has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of APA stock at $44.05 per share and sell one contract of the Apa Corp September 01, 2023 43.5 call for $1.56 for a net debit of $42.49 per share. This trade lasts 14 days, giving it an annualized return rate of 58.0%. 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)! 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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 Hawaiian Electric Industries Inc. (HE), Rexford Industrial Realty Inc. (REXR) and Dolby Laboratories Inc. Cl A (DLB) are moving higher this morning, while Keysight Technologies Inc. (KEYS), Estee Lauder Cos. Cl A (EL) and Playtika Holding Corp. (PLTK) are headed lower. while Selecta Biosciences (SELB), Beazer Homes USA (BZH) and Farfetch (FTCH) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.02%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.31%, the Nikkei 225 is down 0.55%, the Shanghai SE Composite Index is down 1%, and the Hang Seng is down 2.07%. Stocks in Europe are down. The CAC 40 is down 0.84%, the FTSE 100 is down 0.81%, the DAX is down 0.78%, and the Euronext 100 is down 0.71%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.39 at $80.45 per barrel. Brent crude is up $0.19 at $84.09 per barrel. Natural Gas is down $0.05 at $2.58. Precious metals are up this morning. Gold is up $4.37 at $1893.75 per ounce. Platinum is up $8 at $902.5, while silver is up $0.04 at $22.76. 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 2.07% to $28,562.86, while Ethereum is down 1.8% to $1,790.60. Equity PUT/CALL RATIO Yesterday, 5,022,562 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,498,628 put contracts. The single-session put/call ratio was 1.09. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: BKE, CINT, CMCM, DE, EL, GASS, MSGE, PANW, RLX, RNW, STG, TELL, VIPS, XPEV |
