MORNING UPDATE: PriceWatch Alerts for PANW and More... for 2023-11-29 |
| PriceWatch Alerts for PANW, ANET, X, RCL, AMAT, KLAC, NXPI, DHI, EXPE, and BLDR. 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 $277.83 per share and sell one contract of the Palo Alto Networks Inc December 08, 2023 277.5 call for $5.53 for a net debit of $272.30 per share. This trade lasts 9 days, giving it an annualized return rate of 69.7%. 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 $217.25 per share and sell one contract of the Arista Networks Inc December 08, 2023 217.5 call for $3.82 for a net debit of $213.43 per share. This trade lasts 9 days, giving it an annualized return rate of 69.6%. The risk assessment of this trade is 5 keys (The Lowest 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 $35.42 per share and sell one contract of the United States Steel Corp December 15, 2023 35 call for $1.51 for a net debit of $33.91 per share. This trade lasts 16 days, giving it an annualized return rate of 68.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Royal Caribbean Cruises Ltd has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of RCL stock at $105.69 per share and sell one contract of the Royal Caribbean Cruises Ltd December 08, 2023 105 call for $2.56 for a net debit of $103.12 per share. This trade lasts 9 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 Applied Materials has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of AMAT stock at $148.06 per share and sell one contract of the Applied Materials December 08, 2023 148 call for $2.70 for a net debit of $145.36 per share. This trade lasts 9 days, giving it an annualized return rate of 66.2%. 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 1.8%. To enter this trade, buy 100 shares of KLAC stock at $547.14 per share and sell one contract of the K L A-Tencor Corp December 08, 2023 547.5 call for $9.32 for a net debit of $537.82 per share. This trade lasts 9 days, giving it an annualized return rate of 65.7%. The risk assessment of this trade is 5 keys (The Lowest 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 $200.03 per share and sell one contract of the Nxp Semiconductors December 08, 2023 200 call for $3.53 for a net debit of $196.50 per share. This trade lasts 9 days, giving it an annualized return rate of 65.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on D.R. Horton has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DHI stock at $125.96 per share and sell one contract of the D.R. Horton December 08, 2023 126 call for $2.12 for a net debit of $123.84 per share. This trade lasts 9 days, giving it an annualized return rate of 63.5%. 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 1.7%. To enter this trade, buy 100 shares of EXPE stock at $135.42 per share and sell one contract of the Expedia Group Inc December 08, 2023 135 call for $2.71 for a net debit of $132.71 per share. This trade lasts 9 days, giving it an annualized return rate of 62.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Builders Firstsource has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of BLDR stock at $133.07 per share and sell one contract of the Builders Firstsource December 15, 2023 130 call for $6.74 for a net debit of $126.33 per share. This trade lasts 16 days, giving it an annualized return rate of 62.4%. 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 GameStop Corp. Cl A (GME), NetApp Inc. (NTAP) and Workday Inc. Cl A (WDAY) are moving higher this morning, while Leslie's Inc. (LESL), Petco Health & Wellness Co. Inc. (WOOF) and Jabil Inc. (JBL) are headed lower. RBC Bearings (RBC), Tuya (TUYA) and AvalonBay Communities (AVB) were upgraded. while Leslies (LESL), NetApp (NTAP) and Constellation Energy (CEG) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 1.1%, the Australia ASX All Ordinaries is up 0.31%, the Nikkei 225 is down 0.32%, the Shanghai SE Composite Index is down 0.56%, and the Hang Seng is down 2.19%. In Europe, stocks are up. The DAX is up 0.98%, the CAC 40 is up 0.49%, the Euro Stox 50 is up 0.39%, and the FTSE 100 is up 0.01%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $1.27 at $77.75 per barrel. Brent crude is down $0.15 at $82.93 per barrel. Natural Gas is up $0.14 at $2.82. Precious metals are down this morning. Gold is down $0.87 at $2040.64 per ounce. Platinum is down $8.81 at $936.96, while silver is down $0.04 at $24.99. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is up 2.46% to $38,102.97, while Ethereum is up 1.5% to $2,053.42. Equity PUT/CALL RATIO Yesterday, 3,751,045 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,668,396 put contracts. The single-session put/call ratio was 0.98. TODAY'S ECONOMIC CALENDAR MBA Mortgage Index 11/25 7:00 a.m. EIA Crude Oil Inventories 11/25 10:30 a.m. EARNINGS EXPECTED TODAY: ARWR, BILI, CLGN, CNF, DCI, DLTR, FIVE, FL, FTCH, GB, HRL, NAT, NCNO, PDCO, ROAD, VSTS, WOOF, ZH |
