MORNING UPDATE: PriceWatch Alerts for AVGO and More... for 2024-01-09 |
| PriceWatch Alerts for AVGO, OLLI, TOL, SDRL, BRBR, DKS, PVH, PLAY, LEN, and GMS. Today's optimal covered call on Broadcom Ltd has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of AVGO stock at $1,074.85 per share and sell one contract of the Broadcom Ltd January 19, 2024 1075 call for $19.88 for a net debit of $1054.97 per share. This trade lasts 10 days, giving it an annualized return rate of 63.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Ollies Bargain CS has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of OLLI stock at $70.73 per share and sell one contract of the Ollies Bargain CS January 19, 2024 70 call for $2.02 for a net debit of $68.72 per share. This trade lasts 10 days, giving it an annualized return rate of 62.1%. 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 1.9%. To enter this trade, buy 100 shares of TOL stock at $102.16 per share and sell one contract of the Toll Brothers Inc January 19, 2024 102 call for $2.02 for a net debit of $100.14 per share. This trade lasts 10 days, giving it an annualized return rate of 61.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Seadrill 2021 Ltd has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of SDRL stock at $45.55 per share and sell one contract of the Seadrill 2021 Ltd January 19, 2024 45 call for $1.37 for a net debit of $44.18 per share. This trade lasts 10 days, giving it an annualized return rate of 61.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Bellring Brands Inc Cl A has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BRBR stock at $52.67 per share and sell one contract of the Bellring Brands Inc Cl A January 19, 2024 52.5 call for $1.12 for a net debit of $51.56 per share. This trade lasts 10 days, giving it an annualized return rate of 60.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Dick's Sporting Goods Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DKS stock at $139.85 per share and sell one contract of the Dick's Sporting Goods Inc January 19, 2024 139 call for $3.32 for a net debit of $136.53 per share. This trade lasts 10 days, giving it an annualized return rate of 60.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Phillips-Van Heusen Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of PVH stock at $120.76 per share and sell one contract of the Phillips-Van Heusen Corp January 19, 2024 120 call for $2.88 for a net debit of $117.88 per share. This trade lasts 10 days, giving it an annualized return rate of 59.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Dave & Buster's Entertainment has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of PLAY stock at $51.69 per share and sell one contract of the Dave & Buster's Entertainment January 19, 2024 50 call for $2.56 for a net debit of $49.13 per share. This trade lasts 10 days, giving it an annualized return rate of 58.8%. 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 1.7%. To enter this trade, buy 100 shares of LEN stock at $149.31 per share and sell one contract of the Lennar Corp January 19, 2024 149 call for $2.86 for a net debit of $146.44 per share. This trade lasts 10 days, giving it an annualized return rate of 57.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gms Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of GMS stock at $80.35 per share and sell one contract of the Gms Inc January 19, 2024 80 call for $1.72 for a net debit of $78.63 per share. This trade lasts 10 days, giving it an annualized return rate of 57.8%. The risk assessment of this trade is 2 keys (Considerable 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 Juniper Networks Inc. (JNPR), Match Group Inc. (MTCH) and Sarepta Therapeutics Inc. (SRPT) are moving higher this morning, while Hewlett Packard Enterprise Co. (HPE), JetBlue Airways Corp. (JBLU) and LPL Financial Holdings Inc. (LPLA) are headed lower. Domino's Pizza (DPZ), Frontline (FRO) and Paramount Global (PARA) were upgraded. while Solo Brands (DTC), SEMrush Hldgs (SEMR) and PGT Innovations (PGTI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 1.19%, the Australia ASX All Ordinaries is up 0.93%, the Hang Seng is up 0.27%, the Shanghai SE Composite Index is up 0.2%, and the Mumbai Sensex (S&P BSE SENSEX) is up 0.04%. Stocks in Europe are down. The Euro Stox 50 is down 0.46%, the CAC 40 is down 0.46%, the DAX is down 0.46%, and the FTSE 100 is down 0.1%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $1.5 at $72.45 per barrel. Brent crude is up $0.25 at $77.77 per barrel. Natural Gas is up $0.11 at $3.05. Precious metals are mixed this morning. Gold is up $6.21 at $2035.1 per ounce. Platinum is down $9.5 at $941, while silver is up $0.01 at $23.14. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and up against the Pound. Bitcoin is up 4.02% to $46,833.01, while Ethereum is up 0.77% to $2,283.75. Equity PUT/CALL RATIO Yesterday, 4,687,720 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,916,786 put contracts. The single-session put/call ratio was 0.84. TODAY'S ECONOMIC CALENDAR Trade Balance Nov. 8:30 a.m. EARNINGS EXPECTED TODAY: ACI, AEHR, AYI, AZZ, ETWO, MSM, NEOG, PKE, PSMT, SAR, SGH, SNX, TLRY, VOXX, WDFC |
