MORNING UPDATE: PriceWatch Alerts for ANET and More... for 2023-12-01 |
| PriceWatch Alerts for ANET, KLAC, META, EXPE, DKNG, FOUR, WSM, PSX, STX, and PHM. Today's optimal covered call on Arista Networks Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of ANET stock at $219.71 per share and sell one contract of the Arista Networks Inc December 08, 2023 220 call for $3.33 for a net debit of $216.38 per share. This trade lasts 7 days, giving it an annualized return rate of 76.3%. 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 $544.64 per share and sell one contract of the K L A-Tencor Corp December 08, 2023 545 call for $8.55 for a net debit of $536.09 per share. This trade lasts 7 days, giving it an annualized return rate of 75.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Meta Platforms Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of META stock at $327.15 per share and sell one contract of the Meta Platforms Inc December 08, 2023 327.5 call for $4.92 for a net debit of $322.23 per share. This trade lasts 7 days, giving it an annualized return rate of 74.6%. 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 1.6%. To enter this trade, buy 100 shares of EXPE stock at $136.18 per share and sell one contract of the Expedia Group Inc December 08, 2023 136 call for $2.36 for a net debit of $133.82 per share. This trade lasts 7 days, giving it an annualized return rate of 74.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Draftkings Inc has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of DKNG stock at $38.24 per share and sell one contract of the Draftkings Inc December 15, 2023 38 call for $1.37 for a net debit of $36.87 per share. This trade lasts 14 days, giving it an annualized return rate of 74.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Shift4 Payments Inc has an assigned return rate of 3.0%. To enter this trade, buy 100 shares of FOUR stock at $65.82 per share and sell one contract of the Shift4 Payments Inc December 15, 2023 65 call for $2.72 for a net debit of $63.10 per share. This trade lasts 14 days, giving it an annualized return rate of 73.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Williams-Sonoma has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of WSM stock at $187.54 per share and sell one contract of the Williams-Sonoma December 08, 2023 187.5 call for $2.93 for a net debit of $184.61 per share. This trade lasts 7 days, giving it an annualized return rate of 71.4%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Phillips 66 has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of PSX stock at $128.89 per share and sell one contract of the Phillips 66 December 08, 2023 129 call for $1.86 for a net debit of $127.02 per share. This trade lasts 7 days, giving it an annualized return rate of 70.9%. 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 1.5%. To enter this trade, buy 100 shares of STX stock at $79.10 per share and sell one contract of the Seagate Technology Hldgs Plc December 08, 2023 79 call for $1.30 for a net debit of $77.80 per share. This trade lasts 7 days, giving it an annualized return rate of 70.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Pultegroup has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of PHM stock at $88.42 per share and sell one contract of the Pultegroup December 08, 2023 88 call for $1.72 for a net debit of $86.70 per share. This trade lasts 7 days, giving it an annualized return rate of 68.4%. 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 Elastic N.V. (ESTC), Ulta Beauty Inc. (ULTA) and XPO Inc. (XPO) are moving higher this morning, while Dell Technologies Inc. Cl C (DELL), Marvell Technology Inc. (MRVL) and Digital Realty Trust Inc. (DLR) are headed lower. Elastic (ESTC), Johnson & Johnson (JNJ) and Chemours (CC) were upgraded. while Spotify Technology (SPOT), Immunogen (IMGN) and Alibaba Gr Holding (BABA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.87%, the Australia ASX All Ordinaries is up 0.54%, the Shanghai SE Composite Index is up 0.33%, the Nikkei 225 is up 0.33%, and the Hang Seng is down 0.81%. In Europe, stocks are up. The DAX is up 0.72%, the FTSE 100 is up 0.61%, the Euro Stox 50 is up 0.59%, and the CAC 40 is up 0.4%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $1.85 at $76.15 per barrel. Brent crude is down $0.5 at $81 per barrel. Natural Gas is down $0.03 at $2.78. Precious metals are mixed this morning. Gold is up $9.6 at $2047.7 per ounce. Platinum is down $2.25 at $933.65, while silver is down $0.078 at $25.215. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen, and down against the Pound. Bitcoin is up 1.81% to $38,555.22, while Ethereum is up 2.06% to $2,091.28. Equity PUT/CALL RATIO Yesterday, 4,248,192 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,794,179 put contracts. The single-session put/call ratio was 0.89. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: BMO, GCO, NTIOF |
