MORNING UPDATE: PriceWatch Alerts for NVO and More... for 2023-09-22 |
| PriceWatch Alerts for NVO, MNSO, DLR, SGML, LULU, GOOGL, LLY, DE, INTU, and GOOG. Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NVO stock at $91.29 per share and sell one contract of the Novo Nordisk A/S ADR September 29, 2023 91.25 call for $1.62 for a net debit of $89.66 per share. This trade lasts 7 days, giving it an annualized return rate of 80.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Miniso Group Holding Ltd ADR has an assigned return rate of 6.3%. To enter this trade, buy 100 shares of MNSO stock at $25.14 per share and sell one contract of the Miniso Group Holding Ltd ADR October 20, 2023 25 call for $1.63 for a net debit of $23.51 per share. This trade lasts 28 days, giving it an annualized return rate of 79.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Digital Realty Trust has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DLR stock at $123.94 per share and sell one contract of the Digital Realty Trust September 29, 2023 124 call for $2.06 for a net debit of $121.88 per share. This trade lasts 7 days, giving it an annualized return rate of 79.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Sigma Lithium Corp has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of SGML stock at $35.70 per share and sell one contract of the Sigma Lithium Corp October 20, 2023 35 call for $2.63 for a net debit of $33.07 per share. This trade lasts 28 days, giving it an annualized return rate of 73.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Lululemon Athletica has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of LULU stock at $383.90 per share and sell one contract of the Lululemon Athletica September 29, 2023 382.5 call for $7.33 for a net debit of $376.57 per share. This trade lasts 7 days, giving it an annualized return rate of 71.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Alphabet Cl A has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of GOOGL stock at $130.44 per share and sell one contract of the Alphabet Cl A September 29, 2023 130 call for $2.41 for a net debit of $128.03 per share. This trade lasts 7 days, giving it an annualized return rate of 70.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of LLY stock at $550.13 per share and sell one contract of the Eli Lilly and Company September 29, 2023 550 call for $8.43 for a net debit of $541.70 per share. This trade lasts 7 days, giving it an annualized return rate of 69.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Deere & Company has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of DE stock at $387.64 per share and sell one contract of the Deere & Company September 29, 2023 387.5 call for $5.67 for a net debit of $381.97 per share. This trade lasts 7 days, giving it an annualized return rate of 66.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Intuit Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of INTU stock at $504.37 per share and sell one contract of the Intuit Inc September 29, 2023 500 call for $11.45 for a net debit of $492.92 per share. This trade lasts 7 days, giving it an annualized return rate of 65.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Alphabet Cl C has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of GOOG stock at $131.36 per share and sell one contract of the Alphabet Cl C September 29, 2023 131 call for $2.21 for a net debit of $129.15 per share. This trade lasts 7 days, giving it an annualized return rate of 65.4%. The risk assessment of this trade is 5 keys (The Lowest 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 Leslie's Inc. (LESL), Penumbra Inc. (PEN) and Brixmor Property Group Inc. (BRX) are moving higher this morning, while Fox Corp. Cl B (FOX), Fidelity National Financial Inc. (FNF) and Altice USA Inc. Cl A (ATUS) are headed lower. Agile Therapeutics (AGRX), Charter Communications (CHTR) and Coeur Mining (CDE) were upgraded. while Splunk (SPLK), Splunk (SPLK) and Splunk (SPLK) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 2.4%, the Shanghai SE Composite Index is up 1.55%, the Australia ASX All Ordinaries is up 0.05%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.33%, and the Nikkei 225 is down 0.52%. In Europe, stocks are mixed. The FTSE 100 is up 0.32%, the DAX is down 0.04%, the Euronext 100 is down 0.13%, and the CAC 40 is down 0.36%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $1.4 at $91 per barrel. Brent crude is up $1.07 at $94.31 per barrel. Natural Gas is flat $0 at $2.62. Precious metals are up this morning. Gold is up $7.85 at $1947.45 per ounce. Platinum is up $13.05 at $937.65, while silver is up $0.248 at $23.935. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and up against the Pound. Bitcoin is down 0.47% to $26,615.12, while Ethereum is down 0.01% to $1,595.30. Equity PUT/CALL RATIO Yesterday, 4,515,122 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,182,617 put contracts. The single-session put/call ratio was 1.15. TODAY'S ECONOMIC CALENDAR PCE Prices Aug. 8:30 a.m. Personal Income Aug. 8:30 a.m. Personal Spending Aug. 8:30 a.m. EARNINGS EXPECTED TODAY: |
