MORNING UPDATE: PriceWatch Alerts for PHM and More... for 2024-03-20 |
| PriceWatch Alerts for PHM, HOOD, SG, NFLX, LLY, TOL, APP, BBWI, DKS, and CLS. Today's optimal covered call on Pultegroup has an assigned return rate of 2.0%. To enter this trade, buy 100 shares of PHM stock at $111.41 per share and sell one contract of the Pultegroup March 28, 2024 111 call for $2.56 for a net debit of $108.85 per share. This trade lasts 8 days, giving it an annualized return rate of 80.1%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Robinhood Markets Inc Cl A has an assigned return rate of 5.2%. To enter this trade, buy 100 shares of HOOD stock at $17.24 per share and sell one contract of the Robinhood Markets Inc Cl A April 12, 2024 17 call for $1.08 for a net debit of $16.16 per share. This trade lasts 23 days, giving it an annualized return rate of 79.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Sweetgreen Inc Cl A has an assigned return rate of 12.5%. To enter this trade, buy 100 shares of SG stock at $22.95 per share and sell one contract of the Sweetgreen Inc Cl A May 17, 2024 23 call for $2.51 for a net debit of $20.44 per share. This trade lasts 58 days, giving it an annualized return rate of 77.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Netflix Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of NFLX stock at $620.74 per share and sell one contract of the Netflix Inc March 28, 2024 620 call for $12.28 for a net debit of $608.46 per share. This trade lasts 8 days, giving it an annualized return rate of 76.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Eli Lilly and Company has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of LLY stock at $772.78 per share and sell one contract of the Eli Lilly and Company March 28, 2024 772.5 call for $14.61 for a net debit of $758.18 per share. This trade lasts 8 days, giving it an annualized return rate of 76.6%. 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 1.8%. To enter this trade, buy 100 shares of TOL stock at $121.49 per share and sell one contract of the Toll Brothers Inc March 28, 2024 121 call for $2.67 for a net debit of $118.82 per share. This trade lasts 8 days, giving it an annualized return rate of 74.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Applovin Corp Cl A has an assigned return rate of 11.9%. To enter this trade, buy 100 shares of APP stock at $67.64 per share and sell one contract of the Applovin Corp Cl A May 17, 2024 67.5 call for $7.33 for a net debit of $60.31 per share. This trade lasts 58 days, giving it an annualized return rate of 73.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Bath & Body Works Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of BBWI stock at $47.48 per share and sell one contract of the Bath & Body Works Inc March 28, 2024 47 call for $1.31 for a net debit of $46.17 per share. This trade lasts 8 days, giving it an annualized return rate of 72.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Dick's Sporting Goods Inc has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DKS stock at $214.96 per share and sell one contract of the Dick's Sporting Goods Inc March 28, 2024 215 call for $3.54 for a net debit of $211.42 per share. This trade lasts 8 days, giving it an annualized return rate of 68.7%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Celestica Inc has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of CLS stock at $43.02 per share and sell one contract of the Celestica Inc April 19, 2024 42.5 call for $2.86 for a net debit of $40.16 per share. This trade lasts 30 days, giving it an annualized return rate of 68.6%. 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)! 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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 Etao International Co (ETAO), Oblong (OBLG) and Treasure Global (TGL) are moving higher this morning, while Momentus (MNTS), Ontrak (OTRK) and Verb Tech (VERB) are headed lower. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down 1.24%, the Mumbai Sensex (S&P BSE SENSEX) is down 1.01%, the Shanghai SE Composite Index is down 0.72%, the Australia ASX All Ordinaries is down 0.001%, and the Nikkei 225 is up 0.66%. In Europe, stocks are mixed. The DAX is up 0.2%, the Euro Stox 50 is down 0.13%, the FTSE 100 is down 0.16%, and the CAC 40 is down 0.63%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.65 at $81.87 per barrel. Brent crude is up $0.3 at $86.58 per barrel. Natural Gas is down $0.01 at $1.74. Precious metals are down this morning. Gold is down $5.23 at $2153.3 per ounce. Platinum is down $1.5 at $895, while silver is down $0.06 at $24.85. 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 0.57% to $63,010.37, while Ethereum is up 1.03% to $3,237.36. Equity PUT/CALL RATIO Yesterday, 3,645,158 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,716,691 put contracts. The single-session put/call ratio was 1.02. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications 3/16 7:00 a.m. EIA Crude Oil Inventories 3/9 10:30 a.m. FOMC Rate Decision March 2:00 p.m. EARNINGS EXPECTED TODAY: |
