MORNING UPDATE: PriceWatch Alerts for BOOT and More... for 2024-03-08 |
| PriceWatch Alerts for BOOT, SHAK, NVO, BX, TOL, VRNS, RCL, SPOT, QCOM, and CYBR. Today's optimal covered call on Boot Barn Holdings Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of BOOT stock at $90.18 per share and sell one contract of the Boot Barn Holdings Inc March 15, 2024 90 call for $2.18 for a net debit of $88.00 per share. This trade lasts 7 days, giving it an annualized return rate of 103.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Shake Shack Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of SHAK stock at $104.44 per share and sell one contract of the Shake Shack Inc March 15, 2024 104 call for $2.72 for a net debit of $101.72 per share. This trade lasts 7 days, giving it an annualized return rate of 102.3%. 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 2.2%. To enter this trade, buy 100 shares of NVO stock at $135.92 per share and sell one contract of the Novo Nordisk A/S ADR March 15, 2024 136 call for $2.90 for a net debit of $133.02 per share. This trade lasts 7 days, giving it an annualized return rate of 102.2%. 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 2.2%. To enter this trade, buy 100 shares of BX stock at $124.80 per share and sell one contract of the Blackstone Inc March 15, 2024 125 call for $2.46 for a net debit of $122.34 per share. This trade lasts 7 days, giving it an annualized return rate of 99.2%. 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 2.1%. To enter this trade, buy 100 shares of TOL stock at $120.14 per share and sell one contract of the Toll Brothers Inc March 15, 2024 120 call for $2.66 for a net debit of $117.48 per share. This trade lasts 7 days, giving it an annualized return rate of 97.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Varonis Systems Inc has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of VRNS stock at $50.24 per share and sell one contract of the Varonis Systems Inc March 15, 2024 50 call for $1.28 for a net debit of $48.96 per share. This trade lasts 7 days, giving it an annualized return rate of 96.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Royal Caribbean Cruises Ltd has an assigned return rate of 2.1%. To enter this trade, buy 100 shares of RCL stock at $124.35 per share and sell one contract of the Royal Caribbean Cruises Ltd March 15, 2024 124 call for $2.88 for a net debit of $121.47 per share. This trade lasts 7 days, giving it an annualized return rate of 95.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Spotify Technology S.A. has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of SPOT stock at $270.35 per share and sell one contract of the Spotify Technology S.A. March 15, 2024 270 call for $5.76 for a net debit of $264.58 per share. This trade lasts 7 days, giving it an annualized return rate of 93.4%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Qualcomm Inc has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of QCOM stock at $175.72 per share and sell one contract of the Qualcomm Inc March 15, 2024 175 call for $4.22 for a net debit of $171.50 per share. This trade lasts 7 days, giving it an annualized return rate of 93.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Cyberark Soft Ord has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of CYBR stock at $262.06 per share and sell one contract of the Cyberark Soft Ord March 15, 2024 260 call for $7.25 for a net debit of $254.81 per share. This trade lasts 7 days, giving it an annualized return rate of 92.9%. The risk assessment of this trade is 3 keys (Moderate 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 Ainos (AIMD), Psyence Biomedical (PBM) and Mira Pharmaceuticals (MIRA) are moving higher this morning, while Affimed (AFMD), Amylyx Pharma (AMLX) and AerSale (ASLE) are headed lower. Marvell Technology Inc (MRVL), Mongodb Inc (MDB) and Kinetik Holdings Inc (KNTK) were upgraded. while Vail Resorts, Inc. (MTN), Martin Marietta Materials Inc (MLM) and Maxeon Solar Technologies Ltd (MAXN) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.59%, the Australia ASX All Ordinaries is up 0.25%, the Nikkei 225 is up 0.13%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.09%, and the Hang Seng is down 0.83%. In Europe, stocks are mixed. The CAC 40 is up 0.03%, the Euro Stox 50 is down 0.1%, the DAX is down 0.33%, and the FTSE 100 is down 0.57%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.98 at $78.32 per barrel. Brent crude is down $0.5 at $82.38 per barrel. Natural Gas is down $0.02 at $1.78. Precious metals are mixed this morning. Gold is up $6.96 at $2167 per ounce. Platinum is down $4 at $916.5, while silver is up $0.15 at $24.49. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, down against the Yen, and down against the Pound. Bitcoin is up 1.05% to $67,455.67, while Ethereum is up 4.59% to $3,948.59. Equity PUT/CALL RATIO Yesterday, 4,267,184 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,065,499 put contracts. The single-session put/call ratio was 0.95. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls Feb. 8:30 a.m. Unemployment Rate Feb. 8:30 a.m. EARNINGS EXPECTED TODAY: AQN, CEPU, CRMT, GCO, GORV, PBR |
