MORNING UPDATE: PriceWatch Alerts for DOCN and More... for 2024-04-12 |
| PriceWatch Alerts for DOCN, VAL, CEG, EBAY, CIVI, VITL, FANG, LOW, WSM, and BROS. Today's optimal covered call on Digitalocean Holdings Inc has an assigned return rate of 6.5%. To enter this trade, buy 100 shares of DOCN stock at $36.48 per share and sell one contract of the Digitalocean Holdings Inc May 17, 2024 35 call for $3.63 for a net debit of $32.85 per share. This trade lasts 35 days, giving it an annualized return rate of 66.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Valaris Ltd has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of VAL stock at $71.10 per share and sell one contract of the Valaris Ltd April 19, 2024 70 call for $2.06 for a net debit of $69.04 per share. This trade lasts 7 days, giving it an annualized return rate of 63.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Constellation Energy Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of CEG stock at $192.88 per share and sell one contract of the Constellation Energy Corp April 19, 2024 190 call for $5.45 for a net debit of $187.43 per share. This trade lasts 7 days, giving it an annualized return rate of 62.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Ebay Inc has an assigned return rate of 3.7%. To enter this trade, buy 100 shares of EBAY stock at $51.89 per share and sell one contract of the Ebay Inc May 03, 2024 52 call for $1.75 for a net debit of $50.14 per share. This trade lasts 21 days, giving it an annualized return rate of 61.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Civitas Resources Inc has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of CIVI stock at $75.22 per share and sell one contract of the Civitas Resources Inc April 19, 2024 75 call for $1.19 for a net debit of $74.03 per share. This trade lasts 7 days, giving it an annualized return rate of 59.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Vital Farms Inc has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of VITL stock at $25.65 per share and sell one contract of the Vital Farms Inc May 17, 2024 25 call for $2.04 for a net debit of $23.61 per share. This trade lasts 35 days, giving it an annualized return rate of 59.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Diamondback Energy has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of FANG stock at $208.26 per share and sell one contract of the Diamondback Energy April 19, 2024 207.82 call for $3.12 for a net debit of $205.14 per share. This trade lasts 7 days, giving it an annualized return rate of 59.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of LOW stock at $235.44 per share and sell one contract of the Lowe's Companies April 19, 2024 235 call for $3.47 for a net debit of $231.97 per share. This trade lasts 7 days, giving it an annualized return rate of 59.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Williams-Sonoma has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of WSM stock at $294.47 per share and sell one contract of the Williams-Sonoma April 19, 2024 290 call for $8.20 for a net debit of $286.27 per share. This trade lasts 7 days, giving it an annualized return rate of 59.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Dutch Bros Inc Cl A has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of BROS stock at $32.89 per share and sell one contract of the Dutch Bros Inc Cl A May 17, 2024 32 call for $2.66 for a net debit of $30.23 per share. This trade lasts 35 days, giving it an annualized return rate of 59.4%. The risk assessment of this trade is 4 keys (Low 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 PaxMedica (PXMD), NextPlat (NXPL) and Beneficient (BENF) are moving higher this morning, while Motus GI Hldgs (MOTS), Monogram Orthopaedics (MGRM) and Rent the Runway (RENT) are headed lower. FMS Enterprises Migun Ltd (FBRT), Mobileye Global Inc (MBLY) and Coca-Cola Femsa SAB de CV (KOF) were upgraded. while TPG RE Finance Trust Inc (TRTX), VF Corp (VFC) and Instil Bio Inc (TIL) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.47%, the Shanghai SE Composite Index is up 0.23%, the Nikkei 225 is up 0.21%, the Hang Seng is down 0.26%, and the Australia ASX All Ordinaries is down 0.33%. In Europe, stocks are up. The FTSE 100 is up 1.49%, the DAX is up 0.86%, the CAC 40 is up 0.77%, and the Euro Stox 50 is up 0.71%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.57 at $86.18 per barrel. Brent crude is up $1.1 at $90.77 per barrel. Natural Gas is up $0.01 at $1.78. Precious metals are up this morning. Gold is up $21.37 at $2394.96 per ounce. Platinum is up $22.5 at $998.5, while silver is up $0.55 at $29.04. The dollar is mixed compared to the major currencies today. The greenback is up against the euro, flat against the Yen, and up against the Pound. Bitcoin is up 0.83% to $70,792.24, while Ethereum is down 0.23% to $3,526.76. Equity PUT/CALL RATIO Yesterday, 4,136,403 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,069,852 put contracts. The single-session put/call ratio was 0.98. TODAY'S ECONOMIC CALENDAR U. Mich Consumer Sentiment April 10:00 a.m. EARNINGS EXPECTED TODAY: BLK, BSVN, C, JPM, KULR, PGR, STT, WFC |
