MORNING UPDATE: PriceWatch Alerts for ALV and More... for 2023-11-06 |
| PriceWatch Alerts for ALV, PPC, UNH, COST, FMX, BKR, XLY, BG, BPMC, and SPY. Today's optimal covered call on Autoliv Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of ALV stock at $96.50 per share and sell one contract of the Autoliv Inc November 17, 2023 95 call for $2.88 for a net debit of $93.62 per share. This trade lasts 11 days, giving it an annualized return rate of 38.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Pilgrim's Pride has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of PPC stock at $26.17 per share and sell one contract of the Pilgrim's Pride December 15, 2023 26 call for $1.21 for a net debit of $24.96 per share. This trade lasts 39 days, giving it an annualized return rate of 36.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Unitedhealth Group Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of UNH stock at $530.90 per share and sell one contract of the Unitedhealth Group Inc November 17, 2023 530 call for $7.88 for a net debit of $523.03 per share. This trade lasts 11 days, giving it an annualized return rate of 34.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Costco Wholesale has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of COST stock at $560.90 per share and sell one contract of the Costco Wholesale November 17, 2023 560 call for $8.02 for a net debit of $552.88 per share. This trade lasts 11 days, giving it an annualized return rate of 33.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Fomento Economico Mexicano S.A.B has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FMX stock at $120.94 per share and sell one contract of the Fomento Economico Mexicano S.A.B November 17, 2023 120 call for $2.46 for a net debit of $118.48 per share. This trade lasts 11 days, giving it an annualized return rate of 33.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Baker Hughes Company has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of BKR stock at $35.19 per share and sell one contract of the Baker Hughes Company December 15, 2023 35 call for $1.41 for a net debit of $33.78 per share. This trade lasts 39 days, giving it an annualized return rate of 31.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on S&P 500 Cons Disc Sector SPDR has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of XLY stock at $160.22 per share and sell one contract of the S&P 500 Cons Disc Sector SPDR November 17, 2023 159 call for $3.08 for a net debit of $157.14 per share. This trade lasts 11 days, giving it an annualized return rate of 30.9%. 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 1.2%. To enter this trade, buy 100 shares of BG stock at $106.06 per share and sell one contract of the Bunge Ltd November 17, 2023 105 call for $2.28 for a net debit of $103.78 per share. This trade lasts 11 days, giving it an annualized return rate of 30.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Blueprint Medicines Corp has an assigned return rate of 13.9%. To enter this trade, buy 100 shares of BPMC stock at $59.77 per share and sell one contract of the Blueprint Medicines Corp April 19, 2024 60 call for $7.08 for a net debit of $52.69 per share. This trade lasts 165 days, giving it an annualized return rate of 30.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on S&P 500 SPDR has an assigned return rate of 0.9%. To enter this trade, buy 100 shares of SPY stock at $434.69 per share and sell one contract of the S&P 500 SPDR November 14, 2023 434 call for $4.49 for a net debit of $430.20 per share. This trade lasts 8 days, giving it an annualized return rate of 29.3%. 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 Aptargroup Inc. (ATR), Freshpet Inc. (FRPT) and Opendoor Technologies Inc. (OPEN) are moving higher this morning, while Frontdoor inc. (FTDR), Sensata Technologies Holding PLC (ST) and DISH Network Corp. Cl A (DISH) are headed lower. Clorox (CLX), Bank of America (BAC) and KeyCorp (KEY) were upgraded. while Pioneer Natural Resources (PXD), SolarEdge Technologies (SEDG) and Sixth Street Specialty (TSLX) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 2.33%, the Hang Seng is up 1.57%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.92%, the Shanghai SE Composite Index is up 0.91%, and the Australia ASX All Ordinaries is up 0.28%. Stocks in Europe are down. The CAC 40 is down 0.46%, the Euro Stox 50 is down 0.28%, the DAX is down 0.26%, and the FTSE 100 is down 0.05%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $1.2 at $81.71 per barrel. Brent crude is up $1.14 at $86.03 per barrel. Natural Gas is down $0.17 at $3.34. Precious metals are mixed this morning. Gold is down $4.5 at $1994.7 per ounce. Platinum is down $3.5 at $940.8, while silver is up $0.025 at $23.31. 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 0.23% to $35,000.43, while Ethereum is up 0.46% to $1,897.35. Equity PUT/CALL RATIO Yesterday, 5,396,181 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,906,287 put contracts. The single-session put/call ratio was 0.91. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: AMG, AXSM, BAM, BNTX, CEG, CRNT, EEX, ERJ, FENC, FRPT, GHM, JBI, KOS, KRYS, NSPR, PLX, RYAAY, THS |
