MORNING UPDATE: PriceWatch Alerts for GOOGL and More... for 2023-08-21 |
| PriceWatch Alerts for GOOGL, HUBS, ARLO, WFC, PSX, TOST, WFRD, MAR, PKX, and NVO. Today's optimal covered call on Alphabet Cl A has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of GOOGL stock at $127.46 per share and sell one contract of the Alphabet Cl A September 01, 2023 127 call for $3.26 for a net debit of $124.20 per share. This trade lasts 11 days, giving it an annualized return rate of 58.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Hubspot Inc has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of HUBS stock at $504.93 per share and sell one contract of the Hubspot Inc September 15, 2023 500 call for $26.47 for a net debit of $478.46 per share. This trade lasts 25 days, giving it an annualized return rate of 58.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Arlo Technologies Inc has an assigned return rate of 14.0%. To enter this trade, buy 100 shares of ARLO stock at $9.93 per share and sell one contract of the Arlo Technologies Inc November 17, 2023 10 call for $1.16 for a net debit of $8.77 per share. This trade lasts 88 days, giving it an annualized return rate of 56.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Wells Fargo & Company has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of WFC stock at $42.50 per share and sell one contract of the Wells Fargo & Company September 01, 2023 42.5 call for $0.88 for a net debit of $41.62 per share. This trade lasts 11 days, giving it an annualized return rate of 54.9%. 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 2.1%. To enter this trade, buy 100 shares of PSX stock at $114.24 per share and sell one contract of the Phillips 66 September 01, 2023 114 call for $2.57 for a net debit of $111.67 per share. This trade lasts 11 days, giving it an annualized return rate of 54.4%. 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 6.3%. To enter this trade, buy 100 shares of TOST stock at $21.80 per share and sell one contract of the Toast Inc Cl A September 29, 2023 21.5 call for $1.56 for a net debit of $20.23 per share. This trade lasts 39 days, giving it an annualized return rate of 54.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Weatherford International Plc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of WFRD stock at $85.50 per share and sell one contract of the Weatherford International Plc September 15, 2023 85 call for $3.83 for a net debit of $81.67 per share. This trade lasts 25 days, giving it an annualized return rate of 53.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Marriot Int Cl A has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of MAR stock at $202.09 per share and sell one contract of the Marriot Int Cl A September 01, 2023 202.5 call for $3.53 for a net debit of $198.56 per share. This trade lasts 11 days, giving it an annualized return rate of 51.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Posco Holdings Inc ADR has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of PKX stock at $102.56 per share and sell one contract of the Posco Holdings Inc ADR September 15, 2023 100 call for $6.33 for a net debit of $96.23 per share. This trade lasts 25 days, giving it an annualized return rate of 51.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NVO stock at $183.13 per share and sell one contract of the Novo Nordisk A/S ADR September 01, 2023 182.5 call for $3.96 for a net debit of $179.17 per share. This trade lasts 11 days, giving it an annualized return rate of 48.5%. 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 RenaissanceRe Holdings Ltd. (RNR), Palo Alto Networks Inc. (PANW) and VMware Inc. (VMW) are moving higher this morning, while First Republic Bank (FRCB), Fidelity National Financial Inc. (FNF) and Reliance Steel & Aluminum Co. (RS) are headed lower. while Alpha Metallurgical (AMR), NAPCO Security Techs (NSSC) and Medical Properties Trust (MPW) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.41%, the Nikkei 225 is up 0.37%, the Australia ASX All Ordinaries is down 0.41%, the Shanghai SE Composite Index is down 1.24%, and the Hang Seng is down 1.81%. In Europe, stocks are up. The CAC 40 is up 1.11%, the Euronext 100 is up 1.04%, the DAX is up 0.72%, and the FTSE 100 is up 0.38%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.98 at $82.43 per barrel. Brent crude is up $0.92 at $85.75 per barrel. Natural Gas is up $0.06 at $2.63. Precious metals are mixed this morning. Gold is up $6.8 at $1923.3 per ounce. Platinum is down $2.4 at $912.6, while silver is up $0.49 at $23.223. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and down against the Pound. Bitcoin is down 0.65% to $25,987.34, while Ethereum is down 0.19% to $1,669.86. Equity PUT/CALL RATIO Yesterday, 4,564,868 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,133,837 put contracts. The single-session put/call ratio was 1.12. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: ALLG, CRGO, EM, FFIE, FLXS, FN, JFIN, LU, NNDM, SY, TIO, ZEPP, ZM |
