MORNING UPDATE: PriceWatch Alerts for AMAT and More... for 2023-11-27 |
PriceWatch Alerts for AMAT, ANET, STX, KKR, LLY, SPOT, APO, NFLX, RRC, and WDC. 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 $150.34 per share and sell one contract of the Applied Materials December 08, 2023 150 call for $3.22 for a net debit of $147.12 per share. This trade lasts 11 days, giving it an annualized return rate of 51.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Arista Networks Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of ANET stock at $218.39 per share and sell one contract of the Arista Networks Inc December 08, 2023 217.5 call for $5.05 for a net debit of $213.34 per share. This trade lasts 11 days, giving it an annualized return rate of 50.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Seagate Technology Hldgs Plc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of STX stock at $76.08 per share and sell one contract of the Seagate Technology Hldgs Plc December 08, 2023 76 call for $1.52 for a net debit of $74.56 per share. This trade lasts 11 days, giving it an annualized return rate of 50.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on KKR & Company LP has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of KKR stock at $69.20 per share and sell one contract of the KKR & Company LP December 08, 2023 69 call for $1.51 for a net debit of $67.69 per share. This trade lasts 11 days, giving it an annualized return rate of 50.5%. 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 $601.10 per share and sell one contract of the Eli Lilly and Company December 08, 2023 600 call for $12.24 for a net debit of $588.86 per share. This trade lasts 11 days, giving it an annualized return rate of 49.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Spotify Technology S.A. has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of SPOT stock at $181.70 per share and sell one contract of the Spotify Technology S.A. December 08, 2023 180 call for $5.03 for a net debit of $176.67 per share. This trade lasts 11 days, giving it an annualized return rate of 49.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Apollo Asset Management Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of APO stock at $91.14 per share and sell one contract of the Apollo Asset Management Inc December 08, 2023 91 call for $1.82 for a net debit of $89.32 per share. This trade lasts 11 days, giving it an annualized return rate of 49.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Netflix Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NFLX stock at $479.56 per share and sell one contract of the Netflix Inc December 08, 2023 480 call for $8.38 for a net debit of $471.18 per share. This trade lasts 11 days, giving it an annualized return rate of 48.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Range Resources Corp has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of RRC stock at $33.46 per share and sell one contract of the Range Resources Corp December 15, 2023 33 call for $1.36 for a net debit of $32.10 per share. This trade lasts 18 days, giving it an annualized return rate of 48.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Western Digital Cp has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of WDC stock at $46.60 per share and sell one contract of the Western Digital Cp December 15, 2023 46.5 call for $1.36 for a net debit of $45.24 per share. This trade lasts 18 days, giving it an annualized return rate of 48.6%. 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)! 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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 EPAM Systems Inc. (EPAM), SL Green Realty Corp. (SLG) and Mettler-Toledo International Inc. (MTD) are moving higher this morning, while Foot Locker Inc. (FL), DISH Network Corp. Cl A (DISH) and Flowers Foods Inc. (FLO) are headed lower. Teva Pharmaceutical Indus (TEVA), YPF (YPF) and () were upgraded. while Graphic Packaging Holding (GPK), Foot Locker (FL) and Canadian National Railway (CNI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Australia ASX All Ordinaries is down 0.71%, the Nikkei 225 is down 0.53%, the Shanghai SE Composite Index is down 0.3%, the Hang Seng is down 0.2%, and the Mumbai Sensex (S&P BSE SENSEX) is down 0.07%. In Europe, stocks are mixed. The Euro Stox 50 is up 0.71%, the CAC 40 is up 0.41%, the DAX is down 0.16%, and the FTSE 100 is down 0.28%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.3 at $74.93 per barrel. Brent crude is flat $0 at $79.93 per barrel. Natural Gas is down $0.13 at $2.73. Precious metals are mixed this morning. Gold is up $11.55 at $2014.55 per ounce. Platinum is down $1.15 at $935.75, while silver is up $0.444 at $24.785. 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 1.51% to $37,000.96, while Ethereum is down 3.14% to $2,020.29. Equity PUT/CALL RATIO Yesterday, 1,808,640 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,999,246 put contracts. The single-session put/call ratio was 1.11. TODAY'S ECONOMIC CALENDAR New Home Sales Oct. 10:00 a.m. EARNINGS EXPECTED TODAY: AVXL, CRNC, EM, ITRN, SUPV, TIGR, ZS |