MORNING UPDATE: PriceWatch Alerts for EAT and More... for 2024-02-20 |
| PriceWatch Alerts for EAT, CFLT, AX, COF, OZK, BX, NVO, QCOM, GOOG, and NXPI. Today's optimal covered call on Brinker International Inc. has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of EAT stock at $44.88 per share and sell one contract of the Brinker International Inc. March 15, 2024 45 call for $1.76 for a net debit of $43.12 per share. This trade lasts 24 days, giving it an annualized return rate of 56.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Confluent Inc. has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of CFLT stock at $33.96 per share and sell one contract of the Confluent Inc. March 15, 2024 33 call for $2.31 for a net debit of $31.65 per share. This trade lasts 24 days, giving it an annualized return rate of 55.6%. 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 4.2%. To enter this trade, buy 100 shares of AX stock at $54.03 per share and sell one contract of the Axos Financial Inc. March 15, 2024 52.5 call for $3.63 for a net debit of $50.40 per share. This trade lasts 24 days, giving it an annualized return rate of 54.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Capital One Financial Corporation has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of COF stock at $137.23 per share and sell one contract of the Capital One Financial Corporation March 01, 2024 137 call for $3.02 for a net debit of $134.21 per share. This trade lasts 10 days, giving it an annualized return rate of 54.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Bank OZK has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of OZK stock at $42.65 per share and sell one contract of the Bank OZK March 08, 2024 42 call for $1.92 for a net debit of $40.74 per share. This trade lasts 17 days, giving it an annualized return rate of 54.0%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Blackstone Inc. has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of BX stock at $127.89 per share and sell one contract of the Blackstone Inc. March 08, 2024 128 call for $3.74 for a net debit of $124.16 per share. This trade lasts 17 days, giving it an annualized return rate of 53.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Novo Nordisk A/S has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of NVO stock at $124.01 per share and sell one contract of the Novo Nordisk A/S March 01, 2024 124 call for $2.52 for a net debit of $121.50 per share. This trade lasts 10 days, giving it an annualized return rate of 53.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on QUALCOMM Incorporated has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of QCOM stock at $152.69 per share and sell one contract of the QUALCOMM Incorporated March 01, 2024 152.5 call for $3.26 for a net debit of $149.43 per share. This trade lasts 10 days, giving it an annualized return rate of 53.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Alphabet Inc. has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of GOOG stock at $141.76 per share and sell one contract of the Alphabet Inc. March 01, 2024 142 call for $2.62 for a net debit of $139.14 per share. This trade lasts 10 days, giving it an annualized return rate of 53.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on NXP Semiconductors N.V. has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of NXPI stock at $232.16 per share and sell one contract of the NXP Semiconductors N.V. March 01, 2024 230 call for $6.76 for a net debit of $225.40 per share. This trade lasts 10 days, giving it an annualized return rate of 53.2%. 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'. 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STOCKS ON THE MOVE Discover Financial Services (DFS), GlobalFoundries Inc. (GFS) and Celanese Corp. (CE) are moving higher this morning, while SSR Mining Inc. (SSRM), Globe Life Inc. (GL) and CSX Corp. (CSX) are headed lower. LivaNova (LIVN), US Foods Hldg (USFD) and Southwest Airlines (LUV) were upgraded. while Oatly Group (OTLY), Sunoco (SUN) and Alkermes (ALKS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.34%, the Nikkei 225 is up 0.09%, the Australia ASX All Ordinaries is down 0.1%, the Hang Seng is down 0.83%, and the Shanghai SE Composite Index is down 0.86%. In Europe, stocks are mixed. The FTSE 100 is up 0.18%, the CAC 40 is up 0.03%, the Euro Stox 50 is down 0.02%, and the DAX is down 0.1%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.61 at $77.51 per barrel. Brent crude is down $0.5 at $82.74 per barrel. Natural Gas is down $0.02 at $1.59. Precious metals are up this morning. Gold is up $10.16 at $2027.09 per ounce. Platinum is up $5.5 at $908.5, while silver is up $0.1 at $23.11. 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 0.21% to $52,358.43, while Ethereum is up 1.08% to $2,938.04. Equity PUT/CALL RATIO Yesterday, 4,641,945 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,319,977 put contracts. The single-session put/call ratio was 0.93. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: ALE, ALLE, AWI, BCS, CAMT, CHH, CNP, ETRN, FLR, FMS, HD, KBR, MD, NPO, OMI, RNW, SPNS, TPH, WLK, WLKP |
