MORNING UPDATE: PriceWatch Alerts for PLTR and More... for 2023-12-07 |
| PriceWatch Alerts for PLTR, INTC, EXPE, SPOT, META, WPM, WFRD, NVO, TTWO, and X. Today's optimal covered call on Palantir Technologies Inc Cl A has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of PLTR stock at $17.13 per share and sell one contract of the Palantir Technologies Inc Cl A December 29, 2023 17 call for $0.98 for a net debit of $16.14 per share. This trade lasts 22 days, giving it an annualized return rate of 84.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Intel Corp has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of INTC stock at $41.27 per share and sell one contract of the Intel Corp December 15, 2023 41 call for $1.08 for a net debit of $40.19 per share. This trade lasts 8 days, giving it an annualized return rate of 81.9%. The risk assessment of this trade is 4 keys (Low 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 $139.00 per share and sell one contract of the Expedia Group Inc December 15, 2023 139 call for $2.72 for a net debit of $136.28 per share. This trade lasts 8 days, giving it an annualized return rate of 80.9%. 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 2.0%. To enter this trade, buy 100 shares of SPOT stock at $193.79 per share and sell one contract of the Spotify Technology S.A. December 15, 2023 192.5 call for $5.03 for a net debit of $188.76 per share. This trade lasts 8 days, giving it an annualized return rate of 80.4%. 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 2.0%. To enter this trade, buy 100 shares of META stock at $317.45 per share and sell one contract of the Meta Platforms Inc December 15, 2023 317.5 call for $6.06 for a net debit of $311.39 per share. This trade lasts 8 days, giving it an annualized return rate of 79.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Wheaton Precious Metals has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of WPM stock at $47.97 per share and sell one contract of the Wheaton Precious Metals December 15, 2023 48 call for $0.86 for a net debit of $47.11 per share. This trade lasts 8 days, giving it an annualized return rate of 76.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Weatherford International Plc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of WFRD stock at $85.64 per share and sell one contract of the Weatherford International Plc December 15, 2023 85 call for $2.21 for a net debit of $83.44 per share. This trade lasts 8 days, giving it an annualized return rate of 76.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NVO stock at $97.59 per share and sell one contract of the Novo Nordisk A/S ADR December 15, 2023 97.5 call for $1.86 for a net debit of $95.72 per share. This trade lasts 8 days, giving it an annualized return rate of 75.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Take-Two Interactive has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of TTWO stock at $157.32 per share and sell one contract of the Take-Two Interactive December 15, 2023 157.5 call for $2.66 for a net debit of $154.66 per share. This trade lasts 8 days, giving it an annualized return rate of 74.5%. The risk assessment of this trade is 4 keys (Low 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 $35.81 per share and sell one contract of the United States Steel Corp December 22, 2023 35.5 call for $1.42 for a net debit of $34.39 per share. This trade lasts 15 days, giving it an annualized return rate of 73.8%. 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 Kemper Corp. (KMPR), JetBlue Airways Corp. (JBLU) and Qurate Retail Inc. Series A (QRTEA) are moving higher this morning, while C3.ai Inc. (AI), GameStop Corp. Cl A (GME) and Nutanix Inc. Cl A (NTNX) are headed lower. Biogen (BIIB), Sphere Entertainment (SPHR) and Schneider National (SNDR) were upgraded. while Sprinklr (CXM), Duckhorn Portfolio (NAPA) and Cerevel Therapeutics Hldg (CERE) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Nikkei 225 is down 1.76%, the Hang Seng is down 0.73%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.19%, the Shanghai SE Composite Index is down 0.09%, and the Australia ASX All Ordinaries is down 0.03%. In Europe, stocks are mixed. The CAC 40 is up 1.61%, the Euro Stox 50 is up 1.36%, the FTSE 100 is up 0.02%, and the DAX is down 0.21%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.48 at $69.74 per barrel. Brent crude is up $0.05 at $74.76 per barrel. Natural Gas is down $0.06 at $2.51. Precious metals are up this morning. Gold is up $1.55 at $2049.45 per ounce. Platinum is up $3.1 at $896.8, while silver is up $0.005 at $24.233. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and down against the Pound. Bitcoin is down 1.06% to $43,212.35, while Ethereum is down 0.6% to $2,235.17. Equity PUT/CALL RATIO Yesterday, 3,968,257 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,525,808 put contracts. The single-session put/call ratio was 0.89. TODAY'S ECONOMIC CALENDAR Personal Income Oct. 8:30 a.m. PCE Prices Oct. 8:30 a.m. Initial Claims 11/25 8:30 a.m. EARNINGS EXPECTED TODAY: CDMO, CIEN, CMTL, DG, DLA, DOCU, DOYU, GMS, HCP, HOFT, IESC, LEE, LQDT, MEI, UONE, UONEK, WDH |
