MORNING UPDATE: PriceWatch Alerts for OKTA and More... for 2023-12-19 |
| PriceWatch Alerts for OKTA, S, PDD, PANW, DDOG, JWN, SNOW, WSM, SPOT, and DHI. Today's optimal covered call on Okta Inc Cl A has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of OKTA stock at $84.35 per share and sell one contract of the Okta Inc Cl A December 29, 2023 83 call for $3.17 for a net debit of $81.18 per share. This trade lasts 10 days, giving it an annualized return rate of 74.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Sentinelone Inc Cl A has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of S stock at $26.73 per share and sell one contract of the Sentinelone Inc Cl A January 05, 2024 26.5 call for $1.16 for a net debit of $25.57 per share. This trade lasts 17 days, giving it an annualized return rate of 73.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Pdd Holdings Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PDD stock at $148.41 per share and sell one contract of the Pdd Holdings Inc December 29, 2023 148 call for $3.62 for a net debit of $144.79 per share. This trade lasts 10 days, giving it an annualized return rate of 73.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Palo Alto Networks Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PANW stock at $307.58 per share and sell one contract of the Palo Alto Networks Inc December 29, 2023 307.5 call for $6.63 for a net debit of $300.94 per share. This trade lasts 10 days, giving it an annualized return rate of 72.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Datadog Inc Cl A has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of DDOG stock at $123.27 per share and sell one contract of the Datadog Inc Cl A December 29, 2023 123 call for $2.83 for a net debit of $120.44 per share. This trade lasts 10 days, giving it an annualized return rate of 70.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Nordstrom has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of JWN stock at $18.16 per share and sell one contract of the Nordstrom January 12, 2024 18 call for $0.98 for a net debit of $17.18 per share. This trade lasts 24 days, giving it an annualized return rate of 69.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Snowflake Inc Cl A has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of SNOW stock at $198.97 per share and sell one contract of the Snowflake Inc Cl A December 29, 2023 197.5 call for $5.42 for a net debit of $193.55 per share. This trade lasts 10 days, giving it an annualized return rate of 67.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Williams-Sonoma has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of WSM stock at $199.76 per share and sell one contract of the Williams-Sonoma December 29, 2023 200 call for $3.72 for a net debit of $196.04 per share. This trade lasts 10 days, giving it an annualized return rate of 67.0%. 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 $193.04 per share and sell one contract of the Spotify Technology S.A. December 29, 2023 192.5 call for $4.33 for a net debit of $188.71 per share. This trade lasts 10 days, giving it an annualized return rate of 66.6%. 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 2.0%. To enter this trade, buy 100 shares of DHI stock at $148.60 per share and sell one contract of the D.R. Horton December 29, 2023 149 call for $2.51 for a net debit of $146.09 per share. This trade lasts 10 days, giving it an annualized return rate of 66.1%. 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 TuSimple Holdings Inc. (TSP), Guardant Health Inc. (GH) and Qurate Retail Inc. Series A (QRTEA) are moving higher this morning, while Element Solutions Inc. (ESI), F5 Inc. (FFIV) and Plug Power Inc. (PLUG) are headed lower. Rockwell Automation (ROK), Arvinas (ARVN) and WAVE Life Sciences (WVE) were upgraded. while Plug Power (PLUG), SolarEdge Technologies (SEDG) and Array Technologies (ARRY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.37%, the Australia ASX All Ordinaries is up 0.87%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.17%, the Shanghai SE Composite Index is up 0.05%, and the Hang Seng is down 0.73%. Stocks in Europe are down. The CAC 40 is down 0.32%, the DAX is down 0.18%, the Euro Stox 50 is down 0.16%, and the FTSE 100 is down 0.09%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.34 at $72.61 per barrel. Brent crude is up $0.5 at $77.7 per barrel. Natural Gas is down $0.07 at $2.44. Precious metals are mixed this morning. Gold is up $3.35 at $2030.5 per ounce. Platinum is up $0.18 at $23.98, while silver is down $3.5 at $947.5. 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 up 4.98% to $42,969.95, while Ethereum is up 4.83% to $2,233.67. Equity PUT/CALL RATIO Yesterday, 3,765,129 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,601,144 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Building Permits Nov. 8:30 a.m. Housing Starts Nov. 8:30 a.m. EARNINGS EXPECTED TODAY: ACN, EPAC, FCEL, FDS, FDX, KNW, OGI, SCS, SHIM, WOR |
