MORNING UPDATE: PriceWatch Alerts for GPS and More... for 2024-04-25 |
| PriceWatch Alerts for GPS, SQSP, OII, BURL, DKS, YPF, DVN, SM, SFM, and FIS. Today's optimal covered call on Gap Inc has an assigned return rate of 4.7%. To enter this trade, buy 100 shares of GPS stock at $20.11 per share and sell one contract of the Gap Inc May 17, 2024 20 call for $1.00 for a net debit of $19.11 per share. This trade lasts 22 days, giving it an annualized return rate of 74.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Squarespace Inc Cl A has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of SQSP stock at $35.69 per share and sell one contract of the Squarespace Inc Cl A May 17, 2024 35 call for $2.23 for a net debit of $33.46 per share. This trade lasts 22 days, giving it an annualized return rate of 72.8%. 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 4.6%. To enter this trade, buy 100 shares of OII stock at $23.05 per share and sell one contract of the Oceaneering International May 17, 2024 22.5 call for $1.53 for a net debit of $21.52 per share. This trade lasts 22 days, giving it an annualized return rate of 72.3%. 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 1.8%. To enter this trade, buy 100 shares of BURL stock at $178.74 per share and sell one contract of the Burlington Stores Inc May 03, 2024 177.5 call for $4.33 for a net debit of $174.41 per share. This trade lasts 8 days, giving it an annualized return rate of 71.9%. 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 1.8%. To enter this trade, buy 100 shares of DKS stock at $205.48 per share and sell one contract of the Dick's Sporting Goods Inc May 03, 2024 205 call for $4.03 for a net debit of $201.45 per share. This trade lasts 8 days, giving it an annualized return rate of 71.5%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Ypf Sociedad Anonima ADR has an assigned return rate of 5.8%. To enter this trade, buy 100 shares of YPF stock at $20.16 per share and sell one contract of the Ypf Sociedad Anonima ADR May 24, 2024 20 call for $1.26 for a net debit of $18.90 per share. This trade lasts 29 days, giving it an annualized return rate of 70.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Devon Energy Corp has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of DVN stock at $52.10 per share and sell one contract of the Devon Energy Corp May 03, 2024 51 call for $1.96 for a net debit of $50.14 per share. This trade lasts 8 days, giving it an annualized return rate of 69.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Sm Energy Company has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of SM stock at $50.01 per share and sell one contract of the Sm Energy Company May 17, 2024 50 call for $2.12 for a net debit of $47.90 per share. This trade lasts 22 days, giving it an annualized return rate of 69.7%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Sprouts Farmers Market has an assigned return rate of 4.4%. To enter this trade, buy 100 shares of SFM stock at $65.59 per share and sell one contract of the Sprouts Farmers Market May 17, 2024 65 call for $3.32 for a net debit of $62.27 per share. This trade lasts 22 days, giving it an annualized return rate of 69.6%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Fidelity National Information Se has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of FIS stock at $70.81 per share and sell one contract of the Fidelity National Information Se May 17, 2024 71 call for $2.76 for a net debit of $68.05 per share. This trade lasts 22 days, giving it an annualized return rate of 68.8%. 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)! 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. The RadioActive Home Study Kit teaches the proper limited risk trade setup and the 10 different Income Methods that are used to lower the initial risk, potentially bulletproof your stock positions and earn extra income. The RadioActive Home Study Kit comes with a money back guarantee and a free month of access to the patented PowerOptions Suite of Tools! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting-instructions.asp) and start back testing today! NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. STOCKS ON THE MOVE Barfresh Food Group (BRFH), Intelligent Living (ILAG) and Cyclacel Pharmaceuticals (CYCC) are moving higher this morning, while GraniteShares 2x Long META Daily ETF (FBL), Biophytis (BPTS) and Chicken Soup for the Soul (CSSE) are headed lower. Acadia Healthcare Company Inc (ACHC), United Parcel Service, Inc. (UPS) and UDR Inc (UDR) were upgraded. while Monster Beverage Corp (MNST), Li Auto Inc (LI) and First Industrial Realty Trust Inc (FR) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 2.21%, the Shanghai SE Composite Index is up 0.76%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.16%, the Australia ASX All Ordinaries is down 0.01%, and the Nikkei 225 is down 2.16%. In Europe, stocks are mixed. The FTSE 100 is up 0.78%, the Euro Stox 50 is down 0.66%, the DAX is down 0.76%, and the CAC 40 is down 0.86%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.1 at $82.95 per barrel. Brent crude is down $1.4 at $88.18 per barrel. Natural Gas is up $0.02 at $1.66. Precious metals are mixed this morning. Gold is up $12.44 at $2328.64 per ounce. Platinum is down $2.5 at $905, while silver is up $0.22 at $27.42. 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 down 4.19% to $63,633.57, while Ethereum is down 5.41% to $3,092.76. Equity PUT/CALL RATIO Yesterday, 4,017,604 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,782,588 put contracts. The single-session put/call ratio was 0.94. TODAY'S ECONOMIC CALENDAR Initial Claims 4/20 8:30 a.m. GDP Q1 8:30 a.m. EARNINGS EXPECTED TODAY: ALLE, ARCH, AZN, BCS, BDRBF, CHKP, CX, DOW, EQNR, INDV, PRTC, SBSI, SEOAY, SNY, STM, SUBCY, TAL |
