MORNING UPDATE: PriceWatch Alerts for DASH and More... for 2023-12-21 |
| PriceWatch Alerts for DASH, META, WDC, XP, TOL, PANW, DDOG, LEN, MRVL, and EXPE. Today's optimal covered call on Doordash Inc Cl A has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of DASH stock at $98.72 per share and sell one contract of the Doordash Inc Cl A December 29, 2023 98 call for $2.54 for a net debit of $96.18 per share. This trade lasts 8 days, giving it an annualized return rate of 76.7%. 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 1.9%. To enter this trade, buy 100 shares of META stock at $349.28 per share and sell one contract of the Meta Platforms Inc December 29, 2023 350 call for $5.73 for a net debit of $343.55 per share. This trade lasts 8 days, giving it an annualized return rate of 76.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Western Digital Cp has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of WDC stock at $49.41 per share and sell one contract of the Western Digital Cp December 29, 2023 49 call for $1.31 for a net debit of $48.10 per share. This trade lasts 8 days, giving it an annualized return rate of 75.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on XP Inc Cl A has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of XP stock at $25.94 per share and sell one contract of the XP Inc Cl A January 12, 2024 26 call for $1.11 for a net debit of $24.83 per share. This trade lasts 22 days, giving it an annualized return rate of 74.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of TOL stock at $102.12 per share and sell one contract of the Toll Brothers Inc December 29, 2023 102 call for $1.96 for a net debit of $100.16 per share. This trade lasts 8 days, giving it an annualized return rate of 74.7%. 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 1.8%. To enter this trade, buy 100 shares of PANW stock at $300.98 per share and sell one contract of the Palo Alto Networks Inc December 29, 2023 300 call for $6.37 for a net debit of $294.61 per share. This trade lasts 8 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 Datadog Inc Cl A has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DDOG stock at $120.62 per share and sell one contract of the Datadog Inc Cl A December 29, 2023 120 call for $2.77 for a net debit of $117.85 per share. This trade lasts 8 days, giving it an annualized return rate of 74.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lennar Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of LEN stock at $146.79 per share and sell one contract of the Lennar Corp December 29, 2023 147 call for $2.43 for a net debit of $144.36 per share. This trade lasts 8 days, giving it an annualized return rate of 74.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Marvell Technology Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of MRVL stock at $57.54 per share and sell one contract of the Marvell Technology Inc December 29, 2023 57 call for $1.55 for a net debit of $55.99 per share. This trade lasts 8 days, giving it an annualized return rate of 72.9%. 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 1.8%. To enter this trade, buy 100 shares of EXPE stock at $148.46 per share and sell one contract of the Expedia Group Inc December 29, 2023 148 call for $3.06 for a net debit of $145.40 per share. This trade lasts 8 days, giving it an annualized return rate of 72.7%. 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)! 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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 CarMax Inc. (KMX), MasTec Inc. (MTZ) and Micron Technology Inc. (MU) are moving higher this morning, while Ameren Corp. (AEE), NRG Energy Inc. (NRG) and XPO Inc. (XPO) are headed lower. Annexon (ANNX), Amgen (AMGN) and Urban Edge Props (UE) were upgraded. while Evaxion Biotech (EVAX), Nevro (NVRO) and Eli Lilly (LLY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.57%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.51%, the Hang Seng is up 0.02%, the Australia ASX All Ordinaries is down 0.45%, and the Nikkei 225 is down 1.62%. Stocks in Europe are down. The FTSE 100 is down 0.52%, the Euro Stox 50 is down 0.51%, the DAX is down 0.51%, and the CAC 40 is down 0.51%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.12 at $73.81 per barrel. Brent crude is up $0.8 at $79.27 per barrel. Natural Gas is up $0.05 at $2.47. Precious metals are mixed this morning. Gold is up $4.74 at $2036.68 per ounce. Platinum is down $1 at $969.5, while silver is up $0.04 at $24.23. 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 2.83% to $44,162.80, while Ethereum is up 2.63% to $2,268.76. Equity PUT/CALL RATIO Yesterday, 5,296,764 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,913,068 put contracts. The single-session put/call ratio was 0.93. TODAY'S ECONOMIC CALENDAR Initial Claims 12/16 8:30 a.m. EARNINGS EXPECTED TODAY: AIR, APOG, AVO, CCL, CTAS, CUK, KMX, LMNR, NKE, PAYX |
