MORNING UPDATE: PriceWatch Alerts for UBER and More... for 2024-03-04 |
| PriceWatch Alerts for UBER, AMAT, LRCX, PHM, TOL, SLG, MKSI, ASML, NVO, and APO. Today's optimal covered call on Uber Technologies Inc has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of UBER stock at $81.03 per share and sell one contract of the Uber Technologies Inc March 15, 2024 81 call for $2.19 for a net debit of $78.84 per share. This trade lasts 11 days, giving it an annualized return rate of 71.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Applied Materials has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of AMAT stock at $210.25 per share and sell one contract of the Applied Materials March 15, 2024 210 call for $5.82 for a net debit of $204.43 per share. This trade lasts 11 days, giving it an annualized return rate of 71.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Lam Research Corp has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of LRCX stock at $981.53 per share and sell one contract of the Lam Research Corp March 15, 2024 980 call for $27.18 for a net debit of $954.35 per share. This trade lasts 11 days, giving it an annualized return rate of 70.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Pultegroup has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of PHM stock at $111.21 per share and sell one contract of the Pultegroup March 15, 2024 111 call for $3.02 for a net debit of $108.19 per share. This trade lasts 11 days, giving it an annualized return rate of 67.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Toll Brothers Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of TOL stock at $116.92 per share and sell one contract of the Toll Brothers Inc March 15, 2024 117 call for $2.86 for a net debit of $114.06 per share. This trade lasts 11 days, giving it an annualized return rate of 67.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on SL Green Realty Corp has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of SLG stock at $48.49 per share and sell one contract of the SL Green Realty Corp March 15, 2024 47.5 call for $2.18 for a net debit of $46.31 per share. This trade lasts 11 days, giving it an annualized return rate of 67.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Mks Instruments Inc has an assigned return rate of 2.6%. To enter this trade, buy 100 shares of MKSI stock at $126.53 per share and sell one contract of the Mks Instruments Inc March 15, 2024 125 call for $4.66 for a net debit of $121.87 per share. This trade lasts 11 days, giving it an annualized return rate of 67.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Asml Holdings NY Reg ADR has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of ASML stock at $990.94 per share and sell one contract of the Asml Holdings NY Reg ADR March 15, 2024 990 call for $25.32 for a net debit of $965.62 per share. This trade lasts 11 days, giving it an annualized return rate of 65.8%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Novo Nordisk A/S ADR has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of NVO stock at $124.23 per share and sell one contract of the Novo Nordisk A/S ADR March 15, 2024 124 call for $3.28 for a net debit of $120.96 per share. This trade lasts 11 days, giving it an annualized return rate of 65.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Apollo Asset Management Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of APO stock at $111.01 per share and sell one contract of the Apollo Asset Management Inc March 15, 2024 111 call for $2.63 for a net debit of $108.38 per share. This trade lasts 11 days, giving it an annualized return rate of 63.0%. 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 Macy's Inc. (M), Coinbase Global Inc. (COIN) and Camden Property Trust (CPT) are moving higher this morning, while QuidelOrtho Corp. (QDEL), Workday Inc. Cl A (WDAY) and Iron Mountain Inc. (IRM) are headed lower. BRF (BRFS), Norfolk Southern (NSC) and () were upgraded. while (), () and () were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.45%, the Shanghai SE Composite Index is up 0.27%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.12%, the Hang Seng is down 0.83%, and the Nikkei 225 is down 0.93%. In Europe, stocks are mixed. The Euro Stox 50 is up 0.1%, the CAC 40 is up 0.03%, the DAX is down 0.16%, and the FTSE 100 is down 0.51%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.09 at $79.72 per barrel. Brent crude is down $0.4 at $83.37 per barrel. Natural Gas is up $0.11 at $1.95. Precious metals are mixed this morning. Gold is down $0.65 at $2083 per ounce. Platinum is up $8.5 at $892.5, while silver is down $0.03 at $23.12. 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 4.23% to $65,033.21, while Ethereum is up 1.82% to $3,505.84. Equity PUT/CALL RATIO Yesterday, 5,022,231 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,876,694 put contracts. The single-session put/call ratio was 0.97. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: AKYA, AVAV, AVDL, CARA, DSP, GSL, GTLB, LNSR, NWPX, PAY, RBOT, SE, SFIX, SOHU, STXS, TDUP, VATE |
