MORNING UPDATE: PriceWatch Alerts for QTWO and More... for 2024-04-17 |
PriceWatch Alerts for QTWO, CARG, DKS, DVN, CEG, NTRA, FLR, OII, TDW, and ORCL. Today's optimal covered call on Q2 Holdings Inc has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of QTWO stock at $50.54 per share and sell one contract of the Q2 Holdings Inc May 17, 2024 50 call for $3.22 for a net debit of $47.32 per share. This trade lasts 30 days, giving it an annualized return rate of 66.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Cargurus Inc Cl A has an assigned return rate of 5.7%. To enter this trade, buy 100 shares of CARG stock at $21.59 per share and sell one contract of the Cargurus Inc Cl A May 17, 2024 21 call for $1.72 for a net debit of $19.88 per share. This trade lasts 30 days, giving it an annualized return rate of 66.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Dick's Sporting Goods Inc has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DKS stock at $198.70 per share and sell one contract of the Dick's Sporting Goods Inc April 26, 2024 197.5 call for $4.74 for a net debit of $193.96 per share. This trade lasts 9 days, giving it an annualized return rate of 66.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Devon Energy Corp has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of DVN stock at $52.18 per share and sell one contract of the Devon Energy Corp April 26, 2024 52 call for $1.09 for a net debit of $51.09 per share. This trade lasts 9 days, giving it an annualized return rate of 65.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Constellation Energy Corp has an assigned return rate of 5.4%. To enter this trade, buy 100 shares of CEG stock at $186.65 per share and sell one contract of the Constellation Energy Corp May 17, 2024 185 call for $11.07 for a net debit of $175.58 per share. This trade lasts 30 days, giving it an annualized return rate of 63.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Natera Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of NTRA stock at $90.32 per share and sell one contract of the Natera Inc May 17, 2024 90 call for $4.86 for a net debit of $85.46 per share. This trade lasts 30 days, giving it an annualized return rate of 62.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Fluor Corp has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of FLR stock at $40.36 per share and sell one contract of the Fluor Corp May 17, 2024 40 call for $2.37 for a net debit of $37.99 per share. This trade lasts 30 days, giving it an annualized return rate of 62.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Oceaneering International has an assigned return rate of 5.0%. To enter this trade, buy 100 shares of OII stock at $22.97 per share and sell one contract of the Oceaneering International May 17, 2024 22.5 call for $1.55 for a net debit of $21.42 per share. This trade lasts 30 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 Tidewater Inc has an assigned return rate of 4.9%. To enter this trade, buy 100 shares of TDW stock at $92.20 per share and sell one contract of the Tidewater Inc May 17, 2024 90 call for $6.44 for a net debit of $85.76 per share. This trade lasts 30 days, giving it an annualized return rate of 58.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Oracle Corp has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of ORCL stock at $120.62 per share and sell one contract of the Oracle Corp April 26, 2024 120 call for $2.49 for a net debit of $118.13 per share. This trade lasts 9 days, giving it an annualized return rate of 57.7%. 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)! 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. 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STOCKS ON THE MOVE VIA optronics (VIAO), INVO Bioscience (INVO) and WiSA Technologies (WISA) are moving higher this morning, while Trilogy Metals (TMQ), Longeveron (LGVN) and Hub Cyber Security (HUBC) are headed lower. Toronto-Dominion Bank (TD), Strategic Education Inc (STRA) and Omnicom Group Inc. (OMC) were upgraded. while Vista Energy SAB de CV - ADR (VIST), YPF SA (YPF) and Volkswagen A G Unsponsored Represent 1 10th Sh ADR (VWAGY) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are down. The Hang Seng is down 2.12%, the Shanghai SE Composite Index is down 1.65%, the Nikkei 225 is down 1.32%, the Mumbai Sensex (S&P BSE SENSEX) is down 1.14%, and the Australia ASX All Ordinaries is down 0.09%. In Europe, stocks are up. The CAC 40 is up 1.25%, the FTSE 100 is up 0.61%, the Euro Stox 50 is up 0.6%, and the DAX is up 0.48%. FUTURES & CURRENCIES Energy futures are down today. The price for West Texas Intermediate crude oil is down $0.6 at $84.9 per barrel. Brent crude is down $0.5 at $89.49 per barrel. Natural Gas is down $0.01 at $1.67. Precious metals are mixed this morning. Gold is up $3.7 at $2386.9 per ounce. Platinum is down $5.5 at $956, while silver is up $0.41 at $28.51. 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 0.53% to $63,057.42, while Ethereum is up 0.24% to $3,070.66. Equity PUT/CALL RATIO Yesterday, 4,858,302 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,027,666 put contracts. The single-session put/call ratio was 0.83. TODAY'S ECONOMIC CALENDAR MBA Mortgage Applications 4/13 7:00 a.m. EIA Crude Oil Inventories 4/13 10:30 a.m. EARNINGS EXPECTED TODAY: ABT, ASML, BANR, BKU, CFG, CSX, FCCO, FHN, KMI, MCRI, MMLP, OSBC, OZK, PLD, TRV, USB, VFS, VLVLY, WTFC |