MORNING UPDATE: PriceWatch Alerts for PLAY and More... for 2024-01-16 |
| PriceWatch Alerts for PLAY, FRO, BASE, DKS, ADSK, ESTC, WDAY, NTNX, LULU, and PVH. Today's optimal covered call on Dave & Buster's Entertainment Inc. has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of PLAY stock at $49.24 per share and sell one contract of the Dave & Buster's Entertainment Inc. February 16, 2024 49 call for $2.52 for a net debit of $46.72 per share. This trade lasts 31 days, giving it an annualized return rate of 50.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Frontline Plc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of FRO stock at $22.14 per share and sell one contract of the Frontline Plc February 16, 2024 22 call for $1.16 for a net debit of $20.98 per share. This trade lasts 31 days, giving it an annualized return rate of 50.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Couchbase Inc. has an assigned return rate of 8.7%. To enter this trade, buy 100 shares of BASE stock at $23.37 per share and sell one contract of the Couchbase Inc. March 15, 2024 22.5 call for $2.68 for a net debit of $20.69 per share. This trade lasts 59 days, giving it an annualized return rate of 50.7%. 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 1.9%. To enter this trade, buy 100 shares of DKS stock at $140.84 per share and sell one contract of the Dick's Sporting Goods Inc January 26, 2024 140 call for $3.42 for a net debit of $137.42 per share. This trade lasts 10 days, giving it an annualized return rate of 48.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Autodesk Inc. has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of ADSK stock at $242.44 per share and sell one contract of the Autodesk Inc. January 26, 2024 242.5 call for $4.14 for a net debit of $238.30 per share. This trade lasts 10 days, giving it an annualized return rate of 46.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Elastic N.V. has an assigned return rate of 7.8%. To enter this trade, buy 100 shares of ESTC stock at $111.94 per share and sell one contract of the Elastic N.V. March 15, 2024 110 call for $9.94 for a net debit of $102.00 per share. This trade lasts 59 days, giving it an annualized return rate of 45.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Workday Inc. has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of WDAY stock at $283.24 per share and sell one contract of the Workday Inc. January 26, 2024 282.5 call for $5.56 for a net debit of $277.68 per share. This trade lasts 10 days, giving it an annualized return rate of 45.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Nutanix Inc. has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of NTNX stock at $50.31 per share and sell one contract of the Nutanix Inc. February 16, 2024 50 call for $2.33 for a net debit of $47.98 per share. This trade lasts 31 days, giving it an annualized return rate of 43.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on lululemon athletica inc. has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of LULU stock at $479.94 per share and sell one contract of the lululemon athletica inc. January 26, 2024 480 call for $7.79 for a net debit of $472.14 per share. This trade lasts 10 days, giving it an annualized return rate of 43.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on PVH Corp. has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of PVH stock at $119.96 per share and sell one contract of the PVH Corp. February 16, 2024 120 call for $4.63 for a net debit of $115.33 per share. This trade lasts 31 days, giving it an annualized return rate of 42.2%. 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)! 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 Cognex Corp. (CGNX), Exact Sciences Corp. (EXAS) and Western Digital Corp. (WDC) are moving higher this morning, while IDACORP Inc. (IDA), Illumina Inc. (ILMN) and Verisk Analytics Inc. (VRSK) are headed lower. BlackRock (BLK), CMS Energy (CMS) and Boston Beer Co (SAM) were upgraded. while G-III Apparel Group (GIII), Rent the Runway (RENT) and Levi Strauss (LEVI) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 0.28%, the Shanghai SE Composite Index is down 0.14%, the Mumbai Sensex (S&P BSE SENSEX) is down 0.29%, the Nikkei 225 is down 0.37%, and the Australia ASX All Ordinaries is down 0.66%. Stocks in Europe are down. The FTSE 100 is down 0.29%, the DAX is down 0.25%, the CAC 40 is down 0.21%, and the Euro Stox 50 is down 0.21%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.88 at $73.54 per barrel. Brent crude is up $1.13 at $79.23 per barrel. Natural Gas is down $0.25 at $3.06. Precious metals are down this morning. Gold is down $17.29 at $2037.55 per ounce. Platinum is down $11.33 at $902.47, while silver is down $0.17 at $23.05. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen, and up against the Pound. Bitcoin is up 1.05% to $43,119.97, while Ethereum is up 0.13% to $2,544.18. Equity PUT/CALL RATIO Yesterday, 5,152,857 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,548,017 put contracts. The single-session put/call ratio was 0.88. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: APLD, CVGW, FBK, FULT, GNTY, GS, HWC, IBKR, MBWM, MS, PNC, PNFP, PRGS, WAFD |
