MORNING UPDATE: PriceWatch Alerts for LIN and More... for 2023-11-20 |
| PriceWatch Alerts for LIN, PPC, FMX, PKG, IBM, AGI, PGR, FLEX, BKR, and BG. Today's optimal covered call on Linde Plc has an assigned return rate of 1.1%. To enter this trade, buy 100 shares of LIN stock at $407.88 per share and sell one contract of the Linde Plc December 01, 2023 407.5 call for $4.67 for a net debit of $403.21 per share. This trade lasts 11 days, giving it an annualized return rate of 27.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Pilgrim's Pride has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of PPC stock at $26.03 per share and sell one contract of the Pilgrim's Pride January 19, 2024 26 call for $1.21 for a net debit of $24.82 per share. This trade lasts 60 days, giving it an annualized return rate of 27.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Fomento Economico Mexicano S.A.B has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of FMX stock at $126.77 per share and sell one contract of the Fomento Economico Mexicano S.A.B December 15, 2023 125 call for $4.34 for a net debit of $122.43 per share. This trade lasts 25 days, giving it an annualized return rate of 27.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Packaging Corp of America has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of PKG stock at $155.31 per share and sell one contract of the Packaging Corp of America December 15, 2023 155 call for $3.33 for a net debit of $151.98 per share. This trade lasts 25 days, giving it an annualized return rate of 25.9%. 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 1.0%. To enter this trade, buy 100 shares of IBM stock at $152.89 per share and sell one contract of the International Business Machines December 01, 2023 152.5 call for $1.87 for a net debit of $151.02 per share. This trade lasts 11 days, giving it an annualized return rate of 25.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Alamos Gold Inc has an assigned return rate of 14.4%. To enter this trade, buy 100 shares of AGI stock at $12.83 per share and sell one contract of the Alamos Gold Inc June 21, 2024 13 call for $1.46 for a net debit of $11.36 per share. This trade lasts 214 days, giving it an annualized return rate of 24.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Progressive Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of PGR stock at $157.57 per share and sell one contract of the Progressive Corp December 15, 2023 155 call for $5.23 for a net debit of $152.34 per share. This trade lasts 25 days, giving it an annualized return rate of 22.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Flextronics Intl Ltd has an assigned return rate of 3.8%. To enter this trade, buy 100 shares of FLEX stock at $26.25 per share and sell one contract of the Flextronics Intl Ltd January 19, 2024 26 call for $1.21 for a net debit of $25.04 per share. This trade lasts 60 days, giving it an annualized return rate of 22.2%. 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 3.8%. To enter this trade, buy 100 shares of BKR stock at $33.71 per share and sell one contract of the Baker Hughes Company January 19, 2024 33 call for $1.92 for a net debit of $31.80 per share. This trade lasts 60 days, giving it an annualized return rate of 22.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Bunge Ltd has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of BG stock at $106.80 per share and sell one contract of the Bunge Ltd December 15, 2023 105 call for $3.44 for a net debit of $103.36 per share. This trade lasts 25 days, giving it an annualized return rate of 20.7%. The risk assessment of this trade is 2 keys (Considerable 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 PENN Entertainment Inc. (PENN), Brighthouse Financial Inc. (BHF) and Bread Financial Holdings Inc. (BFH) are moving higher this morning, while Rocket Cos. Inc. (RKT), Chegg Inc. (CHGG) and Bristol Myers Squibb Co. (BMY) are headed lower. Boeing (BA), Six Flags Entertainment (SIX) and Dutch Bros (BROS) were upgraded. while Morgan Stanley (MS), Spectrum Brands Holdings (SPB) and Ryan Specialty Hldgs (RYAN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 1.66%, the Shanghai SE Composite Index is up 0.46%, the Australia ASX All Ordinaries is up 0.13%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.21%, and the Nikkei 225 is down 0.64%. In Europe, stocks are mixed. The CAC 40 is up 0.17%, the Euro Stox 50 is down 0.12%, the FTSE 100 is down 0.16%, and the DAX is down 0.27%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $1.11 at $77.13 per barrel. Brent crude is up $0.85 at $81.73 per barrel. Natural Gas is down $0.07 at $2.89. Precious metals are mixed this morning. Gold is down $8.15 at $1976.55 per ounce. Platinum is up $2.55 at $904.25, while silver is down $0.329 at $23.523. 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 up 1.78% to $37,151.93, while Ethereum is up 3.59% to $2,023.19. Equity PUT/CALL RATIO Yesterday, 4,414,862 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,801,966 put contracts. The single-session put/call ratio was 0.86. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: A, BLRX, CENT, CENTA, ENLT, ENTA, FANH, FSCO, LEGN, NIU, RNW, SY, TPCS, VEON, YMM, ZEPP |
