MORNING UPDATE: PriceWatch Alerts for JPM and More... for 2023-11-01 |
| PriceWatch Alerts for JPM, LRN, TW, ALV, XLK, BG, FTI, LOGI, JBL, and LIN. Today's optimal covered call on JP Morgan Chase & Company has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of JPM stock at $139.06 per share and sell one contract of the JP Morgan Chase & Company November 10, 2023 139 call for $2.13 for a net debit of $136.93 per share. This trade lasts 9 days, giving it an annualized return rate of 55.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Stride Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of LRN stock at $54.98 per share and sell one contract of the Stride Inc November 17, 2023 55 call for $1.26 for a net debit of $53.72 per share. This trade lasts 16 days, giving it an annualized return rate of 51.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Tradeweb Markets Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of TW stock at $90.01 per share and sell one contract of the Tradeweb Markets Inc November 17, 2023 90 call for $1.88 for a net debit of $88.14 per share. This trade lasts 16 days, giving it an annualized return rate of 45.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Autoliv Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of ALV stock at $91.65 per share and sell one contract of the Autoliv Inc November 17, 2023 90 call for $3.42 for a net debit of $88.23 per share. This trade lasts 16 days, giving it an annualized return rate of 43.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P 500 Technology Sector SPDR has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of XLK stock at $164.01 per share and sell one contract of the S&P 500 Technology Sector SPDR November 10, 2023 163 call for $2.77 for a net debit of $161.24 per share. This trade lasts 9 days, giving it an annualized return rate of 39.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Bunge Ltd has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BG stock at $105.98 per share and sell one contract of the Bunge Ltd November 17, 2023 105 call for $2.81 for a net debit of $103.17 per share. This trade lasts 16 days, giving it an annualized return rate of 38.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Technipfmc Plc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of FTI stock at $21.52 per share and sell one contract of the Technipfmc Plc December 15, 2023 21 call for $1.46 for a net debit of $20.06 per share. This trade lasts 44 days, giving it an annualized return rate of 38.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Logitech Int S.A. has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of LOGI stock at $78.63 per share and sell one contract of the Logitech Int S.A. November 17, 2023 77.5 call for $2.47 for a net debit of $76.16 per share. This trade lasts 16 days, giving it an annualized return rate of 37.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Jabil Circuit has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of JBL stock at $122.80 per share and sell one contract of the Jabil Circuit November 17, 2023 120 call for $4.83 for a net debit of $117.97 per share. This trade lasts 16 days, giving it an annualized return rate of 36.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Linde Plc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of LIN stock at $382.16 per share and sell one contract of the Linde Plc November 17, 2023 380 call for $8.43 for a net debit of $373.73 per share. This trade lasts 16 days, giving it an annualized return rate of 36.0%. 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 Cheniere Energy Inc. (LNG), Frontdoor inc. (FTDR) and Albertsons Cos. Inc. (ACI) are moving higher this morning, while Paycom Software Inc. (PAYC), MasTec Inc. (MTZ) and Wayfair Inc. Cl A (W) are headed lower. Cia Energetica DE Minas (CIG), Saia (SAIA) and Stellantis (STLA) were upgraded. while Paycom Software (PAYC), Paycom Software (PAYC) and Paycom Software (PAYC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 2.36%, the Australia ASX All Ordinaries is up 0.85%, the Shanghai SE Composite Index is up 0.14%, the Hang Seng is down 0.09%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.44%. In Europe, stocks are up. The DAX is up 0.12%, the FTSE 100 is up 0.11%, the CAC 40 is up 0.09%, and the Euro Stox 50 is up 0.02%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.71 at $86.71 per barrel. Brent crude is up $0.5 at $74.5 per barrel. Natural Gas is down $0.14 at $3.47. Precious metals are down this morning. Gold is down $0.9 at $1993.4 per ounce. Platinum is down $16.55 at $928.35, while silver is down $0.152 at $22.8. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is down 0.24% to $34,371.13, while Ethereum is down 0.47% to $1,794.45. Equity PUT/CALL RATIO Yesterday, 3,670,027 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,995,822 put contracts. The single-session put/call ratio was 1.09. TODAY'S ECONOMIC CALENDAR ISM Manufacturing Oct. 10:00 a.m. EIA Crude Oil Inventories 10/28 10:30 a.m. FOMC Rate Decision Nov. 2:00 p.m. EARNINGS EXPECTED TODAY: ALIT, APO, AXTA, CERE, CMCO, CVS, DD, FDP, GNRC, GSK, JHG, KMT, LIVN, LPX, RDWR, SITE, SSRM, TEL, UTHR |
