MORNING UPDATE: PriceWatch Alerts for META and More... for 2024-02-15 |
| PriceWatch Alerts for META, C, KKR, AX, MPC, STX, BX, NXT, IWM, and VLO. Today's optimal covered call on Meta Platforms Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of META stock at $473.28 per share and sell one contract of the Meta Platforms Inc February 23, 2024 472.5 call for $8.17 for a net debit of $465.10 per share. This trade lasts 8 days, giving it an annualized return rate of 64.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Citigroup Inc has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of C stock at $53.98 per share and sell one contract of the Citigroup Inc February 23, 2024 54 call for $0.82 for a net debit of $53.16 per share. This trade lasts 8 days, giving it an annualized return rate of 64.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on KKR & Company LP has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of KKR stock at $95.95 per share and sell one contract of the KKR & Company LP February 23, 2024 96 call for $1.42 for a net debit of $94.54 per share. This trade lasts 8 days, giving it an annualized return rate of 62.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Axos Financial Inc has an assigned return rate of 5.1%. To enter this trade, buy 100 shares of AX stock at $53.47 per share and sell one contract of the Axos Financial Inc March 15, 2024 52.5 call for $3.52 for a net debit of $49.95 per share. This trade lasts 29 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 Marathon Petroleum Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of MPC stock at $169.88 per share and sell one contract of the Marathon Petroleum Corp February 23, 2024 170 call for $2.41 for a net debit of $167.47 per share. This trade lasts 8 days, giving it an annualized return rate of 61.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Seagate Technology Hldgs Plc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of STX stock at $86.81 per share and sell one contract of the Seagate Technology Hldgs Plc February 23, 2024 86 call for $2.09 for a net debit of $84.72 per share. This trade lasts 8 days, giving it an annualized return rate of 61.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Blackstone Inc has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of BX stock at $127.95 per share and sell one contract of the Blackstone Inc February 23, 2024 127 call for $2.82 for a net debit of $125.13 per share. This trade lasts 8 days, giving it an annualized return rate of 60.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Nextracker Inc Cl A has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of NXT stock at $60.89 per share and sell one contract of the Nextracker Inc Cl A March 15, 2024 60 call for $3.73 for a net debit of $57.16 per share. This trade lasts 29 days, giving it an annualized return rate of 60.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Russell 2000 Ishares ETF has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of IWM stock at $199.13 per share and sell one contract of the Russell 2000 Ishares ETF February 23, 2024 198.5 call for $3.53 for a net debit of $195.60 per share. This trade lasts 8 days, giving it an annualized return rate of 60.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Valero Energy Corp has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of VLO stock at $141.04 per share and sell one contract of the Valero Energy Corp February 23, 2024 140 call for $3.06 for a net debit of $137.97 per share. This trade lasts 8 days, giving it an annualized return rate of 59.5%. 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 Applovin Corp. Cl A (APP), Informatica Inc. (INFA) and Pegasystems Inc. (PEGA) are moving higher this morning, while West Pharmaceutical Services Inc. (WST), YETI Holdings Inc. (YETI) and Twilio Inc. Cl A (TWLO) are headed lower. Outlook Therapeutics (OTLK), Eversource Energy (ES) and Teradyne (TER) were upgraded. while Keysight Techs (KEYS), Comcast (CMCSA) and SSR Mining (SSRM) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.22%, the Shanghai SE Composite Index is up 0.86%, the Nikkei 225 is up 0.37%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.32%, and the Hang Seng is down 0.83%. In Europe, stocks are up. The Euro Stox 50 is up 0.84%, the DAX is up 0.7%, the FTSE 100 is up 0.06%, and the CAC 40 is up 0.03%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.44 at $76.03 per barrel. Brent crude is down $0.75 at $81 per barrel. Natural Gas is up $0.02 at $1.62. Precious metals are up this morning. Gold is up $5.28 at $1997.1 per ounce. Platinum is up $7 at $900, while silver is up $0.25 at $22.62. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, down against the Yen, and up against the Pound. Bitcoin is up 1.36% to $52,337.68, while Ethereum is up 1.69% to $2,793.18. Equity PUT/CALL RATIO Yesterday, 4,924,963 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,708,764 put contracts. The single-session put/call ratio was 0.96. TODAY'S ECONOMIC CALENDAR Initial Claims 2/10 8:30 a.m. Retail Sales Jan. 8:30 a.m. Industrial Production Jan. 9:15 a.m. EARNINGS EXPECTED TODAY: ALLT, PAX, RELX |
