MORNING UPDATE: PriceWatch Alerts for VITL and More... for 2024-04-09 |
| PriceWatch Alerts for VITL, TECK, GMS, BURL, BROS, HEAR, YPF, BBWI, EGO, and DOCN. Today's optimal covered call on Vital Farms Inc has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of VITL stock at $25.06 per share and sell one contract of the Vital Farms Inc May 17, 2024 25 call for $1.65 for a net debit of $23.41 per share. This trade lasts 38 days, giving it an annualized return rate of 63.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Teck Resources Ltd has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of TECK stock at $46.96 per share and sell one contract of the Teck Resources Ltd April 26, 2024 46 call for $2.34 for a net debit of $44.62 per share. This trade lasts 17 days, giving it an annualized return rate of 62.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gms Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of GMS stock at $100.03 per share and sell one contract of the Gms Inc April 19, 2024 100 call for $1.88 for a net debit of $98.15 per share. This trade lasts 10 days, giving it an annualized return rate of 62.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Burlington Stores Inc has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of BURL stock at $199.30 per share and sell one contract of the Burlington Stores Inc April 19, 2024 197.5 call for $5.42 for a net debit of $193.88 per share. This trade lasts 10 days, giving it an annualized return rate of 62.0%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Dutch Bros Inc Cl A has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of BROS stock at $32.36 per share and sell one contract of the Dutch Bros Inc Cl A May 17, 2024 32 call for $2.32 for a net debit of $30.04 per share. This trade lasts 38 days, giving it an annualized return rate of 61.1%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Turtle Beach Corp has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of HEAR stock at $16.79 per share and sell one contract of the Turtle Beach Corp May 17, 2024 16 call for $1.76 for a net debit of $15.03 per share. This trade lasts 38 days, giving it an annualized return rate of 60.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ypf Sociedad Anonima ADR has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of YPF stock at $21.71 per share and sell one contract of the Ypf Sociedad Anonima ADR May 03, 2024 21.5 call for $1.06 for a net debit of $20.64 per share. This trade lasts 24 days, giving it an annualized return rate of 60.5%. The risk assessment of this trade is 3 keys (Moderate 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 $46.75 per share and sell one contract of the Bath & Body Works Inc April 19, 2024 46 call for $1.56 for a net debit of $45.19 per share. This trade lasts 10 days, giving it an annualized return rate of 59.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Eldorado Gold Corp has an assigned return rate of 6.3%. To enter this trade, buy 100 shares of EGO stock at $15.07 per share and sell one contract of the Eldorado Gold Corp May 17, 2024 15 call for $0.96 for a net debit of $14.10 per share. This trade lasts 38 days, giving it an annualized return rate of 59.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Digitalocean Holdings Inc has an assigned return rate of 6.2%. To enter this trade, buy 100 shares of DOCN stock at $37.48 per share and sell one contract of the Digitalocean Holdings Inc May 17, 2024 35 call for $4.51 for a net debit of $32.97 per share. This trade lasts 38 days, giving it an annualized return rate of 57.6%. 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 Acrivon Therapeutics (ACRV), Laser Photonics (LASE) and Biophytis (BPTS) are moving higher this morning, while Vincerx Pharma (VINC), Focus Universal (FCUV) and BioSig Technologies (BSGM) are headed lower. MacroGenics Inc (MGNX), LPL Financial Holdings Inc (LPLA) and Infosys Ltd ADR (INFY) were upgraded. while Maxeon Solar Technologies Ltd (MAXN), Jones Lang LaSalle Inc (JLL) and ChargePoint Holdings Inc (CHPT) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 1.08%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.67%, the Australia ASX All Ordinaries is up 0.45%, the Hang Seng is up 0.05%, and the Shanghai SE Composite Index is down 0.72%. In Europe, stocks are mixed. The FTSE 100 is up 0.17%, the CAC 40 is down 0.26%, the Euro Stox 50 is down 0.33%, and the DAX is down 0.68%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.22 at $86.36 per barrel. Brent crude is down $0.35 at $90.4 per barrel. Natural Gas is up $0.05 at $1.89. Precious metals are up this morning. Gold is up $15.26 at $2354.5 per ounce. Platinum is up $18 at $981.5, while silver is up $0.22 at $28.07. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen, and down against the Pound. Bitcoin is up 4.32% to $72,207.55, while Ethereum is up 6.89% to $3,620.52. Equity PUT/CALL RATIO Yesterday, 3,257,830 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,315,238 put contracts. The single-session put/call ratio was 1.02. TODAY'S ECONOMIC CALENDAR NFIB Small Business Optimism March 6:00 a.m. EARNINGS EXPECTED TODAY: AEHR, CGNT, NEOG, PSMT, SGH, TLRY, WDFC |
