MORNING UPDATE: PriceWatch Alerts for AMAT and More... for 2023-11-21 |
| PriceWatch Alerts for AMAT, LLY, PANW, RCL, GPS, KKR, NXPI, UBER, KLAC, and PSX. Today's optimal covered call on Applied Materials has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of AMAT stock at $152.57 per share and sell one contract of the Applied Materials December 01, 2023 152.5 call for $3.01 for a net debit of $149.56 per share. This trade lasts 10 days, giving it an annualized return rate of 65.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of LLY stock at $597.60 per share and sell one contract of the Eli Lilly and Company December 01, 2023 597.5 call for $11.50 for a net debit of $586.09 per share. This trade lasts 10 days, giving it an annualized return rate of 64.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Palo Alto Networks Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of PANW stock at $260.57 per share and sell one contract of the Palo Alto Networks Inc December 01, 2023 260 call for $5.52 for a net debit of $255.06 per share. This trade lasts 10 days, giving it an annualized return rate of 64.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Royal Caribbean Cruises Ltd has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of RCL stock at $105.81 per share and sell one contract of the Royal Caribbean Cruises Ltd December 01, 2023 105 call for $2.75 for a net debit of $103.06 per share. This trade lasts 10 days, giving it an annualized return rate of 62.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gap Inc has an assigned return rate of 5.4%. To enter this trade, buy 100 shares of GPS stock at $18.43 per share and sell one contract of the Gap Inc December 22, 2023 18.5 call for $0.88 for a net debit of $17.55 per share. This trade lasts 31 days, giving it an annualized return rate of 61.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on KKR & Company LP has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of KKR stock at $68.09 per share and sell one contract of the KKR & Company LP December 01, 2023 68 call for $1.31 for a net debit of $66.77 per share. This trade lasts 10 days, giving it an annualized return rate of 60.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Nxp Semiconductors has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NXPI stock at $203.34 per share and sell one contract of the Nxp Semiconductors December 01, 2023 202.5 call for $4.43 for a net debit of $198.91 per share. This trade lasts 10 days, giving it an annualized return rate of 59.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Uber Technologies Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of UBER stock at $54.75 per share and sell one contract of the Uber Technologies Inc December 01, 2023 54 call for $1.70 for a net debit of $53.06 per share. This trade lasts 10 days, giving it an annualized return rate of 59.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on K L A-Tencor Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of KLAC stock at $557.75 per share and sell one contract of the K L A-Tencor Corp December 01, 2023 555 call for $12.16 for a net debit of $545.59 per share. This trade lasts 10 days, giving it an annualized return rate of 57.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Phillips 66 has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of PSX stock at $118.11 per share and sell one contract of the Phillips 66 December 01, 2023 118 call for $2.11 for a net debit of $116.00 per share. This trade lasts 10 days, giving it an annualized return rate of 57.2%. 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 Burlington Stores Inc. (BURL), Paysafe Ltd. (PSFE) and Dick's Sporting Goods Inc. (DKS) are moving higher this morning, while Nektar Therapeutics (NKTR), Kohl's Corp. (KSS) and Mercury General Corp. (MCY) are headed lower. Western Digital (WDC), Black Hills (BKH) and DigitalOcean Holdings (DOCN) were upgraded. while Agilon Health (AGL), Mainz Biomed (MYNZ) and Foot Locker (FL) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.42%, the Australia ASX All Ordinaries is up 0.28%, the Shanghai SE Composite Index is down 0.01%, the Nikkei 225 is down 0.1%, and the Hang Seng is down 0.18%. In Europe, stocks are mixed. The DAX is flat 0%, the Euro Stox 50 is down 0.25%, the CAC 40 is down 0.41%, and the FTSE 100 is down 0.6%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.22 at $77.3 per barrel. Brent crude is up $2.05 at $81.81 per barrel. Natural Gas is down $0.01 at $2.87. Precious metals are up this morning. Gold is up $0.09 at $1998.05 per ounce. Platinum is up $1.06 at $937.15, while silver is up $1.05 at $23.87. 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 0.16% to $37,208.73, while Ethereum is down 0.76% to $2,008.30. Equity PUT/CALL RATIO Yesterday, 3,836,235 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,651,172 put contracts. The single-session put/call ratio was 0.95. TODAY'S ECONOMIC CALENDAR Existing Home Sales Oct. 10:00 EARNINGS EXPECTED TODAY: ADI, ARQQ, BBY, BIDU, BURL, CAL, DKS, DY, EMBC, GLNG, GOGL, HIBB, J, KC, LOW, MDT, TOUR, YRD, YSG |
