MORNING UPDATE: PriceWatch Alerts for QTWO and More... for 2024-04-22 |
| PriceWatch Alerts for QTWO, EOG, FANG, GPS, SFM, DKS, LYV, BURL, VITL, and DVN. Today's optimal covered call on Q2 Holdings Inc has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of QTWO stock at $50.00 per share and sell one contract of the Q2 Holdings Inc May 17, 2024 50 call for $2.50 for a net debit of $47.50 per share. This trade lasts 25 days, giving it an annualized return rate of 68.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Eog Resources has an assigned return rate of 2.5%. To enter this trade, buy 100 shares of EOG stock at $133.17 per share and sell one contract of the Eog Resources May 03, 2024 133 call for $3.43 for a net debit of $129.74 per share. This trade lasts 11 days, giving it an annualized return rate of 65.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Diamondback Energy has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of FANG stock at $200.74 per share and sell one contract of the Diamondback Energy May 03, 2024 200 call for $5.44 for a net debit of $195.30 per share. This trade lasts 11 days, giving it an annualized return rate of 62.7%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Gap Inc has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of GPS stock at $20.76 per share and sell one contract of the Gap Inc May 24, 2024 20 call for $1.89 for a net debit of $18.87 per share. This trade lasts 32 days, giving it an annualized return rate of 62.6%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Sprouts Farmers Market has an assigned return rate of 4.8%. To enter this trade, buy 100 shares of SFM stock at $65.15 per share and sell one contract of the Sprouts Farmers Market May 17, 2024 65 call for $3.12 for a net debit of $62.03 per share. This trade lasts 25 days, giving it an annualized return rate of 62.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Dick's Sporting Goods Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of DKS stock at $195.08 per share and sell one contract of the Dick's Sporting Goods Inc May 03, 2024 195 call for $4.60 for a net debit of $190.48 per share. This trade lasts 11 days, giving it an annualized return rate of 61.9%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Live Nation Entertainment has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of LYV stock at $89.96 per share and sell one contract of the Live Nation Entertainment May 17, 2024 90 call for $4.03 for a net debit of $85.93 per share. This trade lasts 25 days, giving it an annualized return rate of 61.7%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Burlington Stores Inc has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of BURL stock at $178.57 per share and sell one contract of the Burlington Stores Inc May 03, 2024 177.5 call for $5.14 for a net debit of $173.43 per share. This trade lasts 11 days, giving it an annualized return rate of 61.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Vital Farms Inc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of VITL stock at $25.24 per share and sell one contract of the Vital Farms Inc May 17, 2024 25 call for $1.36 for a net debit of $23.88 per share. This trade lasts 25 days, giving it an annualized return rate of 61.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Devon Energy Corp has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of DVN stock at $51.83 per share and sell one contract of the Devon Energy Corp May 03, 2024 51 call for $1.95 for a net debit of $49.88 per share. This trade lasts 11 days, giving it an annualized return rate of 58.6%. 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 Moolec Science (MLEC), Complete Solaria (CSLR) and NKGen Biotech (NKGN) are moving higher this morning, while Vaxxinity (VAXX), EzFill Holdings (EZFL) and Hepion Pharmaceuticals (HEPA) are headed lower. PPG Industries, Inc. (PPG), Sea Ltd (SE) and Robert Half Inc (RHI) were upgraded. while Southern Copper Corp (SCCO), Western Digital Corp (WDC) and UBS Group AG (UBS) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 1.08%, the Nikkei 225 is up 1%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.83%, the Shanghai SE Composite Index is down 0.29%, and the Hang Seng is down 0.99%. In Europe, stocks are up. The FTSE 100 is up 1.59%, the DAX is up 0.42%, the Euro Stox 50 is up 0.39%, and the CAC 40 is up 0.2%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.6 at $81.76 per barrel. Brent crude is flat $0 at $86.79 per barrel. Natural Gas is down $0.01 at $1.75. Precious metals are down this morning. Gold is down $46.26 at $2344.94 per ounce. Platinum is down $12 at $922.5, while silver is down $1.16 at $27.52. 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 1.68% to $66,070.47, while Ethereum is up 1.34% to $3,212.26. Equity PUT/CALL RATIO Yesterday, 5,130,009 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 5,270,525 put contracts. The single-session put/call ratio was 1.03. TODAY'S ECONOMIC CALENDAR Nothing Scheduled EARNINGS EXPECTED TODAY: ACI, AGNC, AZZ, BOH, CDNS, CLF, DX, HBT, MNSB, RBB, SAP, SFBS, SIFY, TFC, TRST, VZ, WASH, ZION |
