MORNING UPDATE: PriceWatch Alerts for DKNG and More... for 2023-11-28 |
| PriceWatch Alerts for DKNG, AMZN, EXPE, NVO, KKR, WDC, PARR, X, INTC, and MNDY. Today's optimal covered call on Draftkings Inc has an assigned return rate of 3.3%. To enter this trade, buy 100 shares of DKNG stock at $38.75 per share and sell one contract of the Draftkings Inc December 15, 2023 38.5 call for $1.48 for a net debit of $37.27 per share. This trade lasts 17 days, giving it an annualized return rate of 66.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Amazon.com Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of AMZN stock at $147.73 per share and sell one contract of the Amazon.com Inc December 08, 2023 148 call for $2.65 for a net debit of $145.08 per share. This trade lasts 10 days, giving it an annualized return rate of 66.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Expedia Group Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of EXPE stock at $135.90 per share and sell one contract of the Expedia Group Inc December 08, 2023 136 call for $2.57 for a net debit of $133.33 per share. This trade lasts 10 days, giving it an annualized return rate of 66.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of NVO stock at $103.87 per share and sell one contract of the Novo Nordisk A/S ADR December 08, 2023 104 call for $1.91 for a net debit of $101.96 per share. This trade lasts 10 days, giving it an annualized return rate of 66.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on KKR & Company LP has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of KKR stock at $69.06 per share and sell one contract of the KKR & Company LP December 08, 2023 69 call for $1.41 for a net debit of $67.65 per share. This trade lasts 10 days, giving it an annualized return rate of 66.2%. 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 2.0%. To enter this trade, buy 100 shares of WDC stock at $47.21 per share and sell one contract of the Western Digital Cp December 08, 2023 47 call for $1.13 for a net debit of $46.08 per share. This trade lasts 10 days, giving it an annualized return rate of 66.0%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Par Pacific Holdings Inc has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of PARR stock at $35.17 per share and sell one contract of the Par Pacific Holdings Inc December 15, 2023 35 call for $1.26 for a net debit of $33.91 per share. This trade lasts 17 days, giving it an annualized return rate of 65.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on United States Steel Corp has an assigned return rate of 3.2%. To enter this trade, buy 100 shares of X stock at $34.82 per share and sell one contract of the United States Steel Corp December 15, 2023 34.5 call for $1.39 for a net debit of $33.43 per share. This trade lasts 17 days, giving it an annualized return rate of 65.1%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Intel Corp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of INTC stock at $44.08 per share and sell one contract of the Intel Corp December 08, 2023 44 call for $0.91 for a net debit of $43.17 per share. This trade lasts 10 days, giving it an annualized return rate of 64.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Monday.com Ltd has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of MNDY stock at $178.88 per share and sell one contract of the Monday.com Ltd December 15, 2023 175 call for $9.15 for a net debit of $169.73 per share. This trade lasts 17 days, giving it an annualized return rate of 63.0%. 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)! Learn how to limit your risks in any trade and keep your upside open ? 'Cut your losers short and let your winners run'. These limited risk techniques have saved investors thousands of dollars during unexpected market downturns and Black Swan events. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Carlyle Group Inc. (CG), Jamf Holding Corp. (JAMF) and SLM Corp. (SLM) are moving higher this morning, while Zscaler Inc. (ZS), Grocery Outlet Holding Corp. (GO) and Liberty Media Corp. Series C Liberty Formula One (FWONK) are headed lower. Intl Flavors & Fragrances (IFF), Mondelez International (MDLZ) and Crocs (CROX) were upgraded. while American Axle & Mfg Hldgs (AXL), Morgan Stanley (MS) and Freeline Therapeutics (FRLN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.42%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.31%, the Shanghai SE Composite Index is up 0.23%, the Nikkei 225 is down 0.11%, and the Hang Seng is down 0.91%. Stocks in Europe are down. The CAC 40 is down 0.6%, the DAX is down 0.59%, the FTSE 100 is down 0.41%, and the Euro Stox 50 is down 0.04%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.63 at $75.6 per barrel. Brent crude is up $0.25 at $80.71 per barrel. Natural Gas is down $0.01 at $2.78. Precious metals are mixed this morning. Gold is up $0.75 at $2013.15 per ounce. Platinum is up $7.05 at $930.25, while silver is down $0.061 at $24.62. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and up against the Pound. Bitcoin is up 0.34% to $37,199.56, while Ethereum is down 0.11% to $2,024.90. Equity PUT/CALL RATIO Yesterday, 2,983,462 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,331,634 put contracts. The single-session put/call ratio was 1.12. TODAY'S ECONOMIC CALENDAR Consumer confidence Nov. 10:00 a.m. EARNINGS EXPECTED TODAY: ALAR, BNS, CAN, CRWD, CTRN, ESLT, FLNC, GRIN, HPE, INTU, LITB, MYTE, NNDM, NNOX, NTAP, PDD, UXIN, WDAY |
