MORNING UPDATE: PriceWatch Alerts for LIN and More... for 2023-11-13 |
| PriceWatch Alerts for LIN, JPM, FTI, BKR, UNH, PGR, IBM, SAP, SPY, and XLK. Today's optimal covered call on Linde Plc has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of LIN stock at $399.84 per share and sell one contract of the Linde Plc November 24, 2023 400 call for $4.65 for a net debit of $395.19 per share. This trade lasts 11 days, giving it an annualized return rate of 31.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on JP Morgan Chase & Company has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of JPM stock at $146.43 per share and sell one contract of the JP Morgan Chase & Company November 24, 2023 146 call for $2.14 for a net debit of $144.29 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 Technipfmc Plc has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of FTI stock at $21.55 per share and sell one contract of the Technipfmc Plc January 19, 2024 21 call for $1.72 for a net debit of $19.83 per share. This trade lasts 67 days, giving it an annualized return rate of 30.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Baker Hughes Company has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of BKR stock at $34.34 per share and sell one contract of the Baker Hughes Company December 15, 2023 34 call for $1.31 for a net debit of $33.03 per share. This trade lasts 32 days, giving it an annualized return rate of 30.6%. 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 1.2%. To enter this trade, buy 100 shares of UNH stock at $541.21 per share and sell one contract of the Unitedhealth Group Inc November 24, 2023 540 call for $7.40 for a net debit of $533.81 per share. This trade lasts 11 days, giving it an annualized return rate of 30.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Progressive Corp has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of PGR stock at $160.39 per share and sell one contract of the Progressive Corp December 15, 2023 160 call for $4.83 for a net debit of $155.56 per share. This trade lasts 32 days, giving it an annualized return rate of 29.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on International Business Machines has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of IBM stock at $149.02 per share and sell one contract of the International Business Machines November 24, 2023 149 call for $1.62 for a net debit of $147.40 per share. This trade lasts 11 days, giving it an annualized return rate of 28.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on SAP Ag ADR has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of SAP stock at $145.10 per share and sell one contract of the SAP Ag ADR December 15, 2023 145 call for $3.84 for a net debit of $141.26 per share. This trade lasts 32 days, giving it an annualized return rate of 27.6%. 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 $440.61 per share and sell one contract of the S&P 500 SPDR November 22, 2023 440 call for $4.46 for a net debit of $436.15 per share. This trade lasts 9 days, giving it an annualized return rate of 26.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on S&P 500 Technology Sector SPDR has an assigned return rate of 1.0%. To enter this trade, buy 100 shares of XLK stock at $179.52 per share and sell one contract of the S&P 500 Technology Sector SPDR November 24, 2023 179 call for $2.33 for a net debit of $177.19 per share. This trade lasts 11 days, giving it an annualized return rate of 26.6%. 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 Penumbra Inc. (PEN), StoneCo Ltd. Cl A (STNE) and Jabil Inc. (JBL) are moving higher this morning, while Hilton Worldwide Holdings Inc. (HLT), Certara Inc. (CERT) and Primerica Inc. (PRI) are headed lower. Montauk Renewables (MNTK), Oracle (ORCL) and Booking Holdings (BKNG) were upgraded. while Barings BDC (BBDC), Bionano Genomics (BNGO) and 2U (TWOU) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.59%, the Shanghai SE Composite Index is up 0.25%, the Nikkei 225 is down 0.01%, the Australia ASX All Ordinaries is down 0.4%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.5%. In Europe, stocks are up. The FTSE 100 is up 0.52%, the Euro Stox 50 is up 0.39%, the CAC 40 is up 0.27%, and the DAX is up 0.24%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.03 at $77.34 per barrel. Brent crude is up $0.9 at $81.67 per barrel. Natural Gas is up $0.2 at $3.22. Precious metals are mixed this morning. Gold is up $2.85 at $1940.55 per ounce. Platinum is up $7.15 at $852.75, while silver is down $0.098 at $22.183. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, up against the Yen, and down against the Pound. Bitcoin is down 0.99% to $36,704.45, while Ethereum is down 0.14% to $2,043.31. Equity PUT/CALL RATIO Yesterday, 4,247,087 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,747,930 put contracts. The single-session put/call ratio was 1.12. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: ABOS, ALUR, AMPS, BENF, BWEN, CPLP, FTRE, GENI, GRCL, HSIC, KMDA, MNDY, NABL, RLX, SOHU |
