MORNING UPDATE: PriceWatch Alerts for FANG and More... for 2024-04-26 |
| PriceWatch Alerts for FANG, FLR, GPS, FTAI, ERJ, CRI, PXD, SFM, LYV, and VITL. Today's optimal covered call on Diamondback Energy has an assigned return rate of 1.7%. To enter this trade, buy 100 shares of FANG stock at $207.10 per share and sell one contract of the Diamondback Energy May 03, 2024 205 call for $5.53 for a net debit of $201.57 per share. This trade lasts 7 days, giving it an annualized return rate of 77.6%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Fluor Corp has an assigned return rate of 4.5%. To enter this trade, buy 100 shares of FLR stock at $40.63 per share and sell one contract of the Fluor Corp May 17, 2024 40 call for $2.36 for a net debit of $38.27 per share. This trade lasts 21 days, giving it an annualized return rate of 75.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Gap Inc has an assigned return rate of 4.3%. To enter this trade, buy 100 shares of GPS stock at $20.22 per share and sell one contract of the Gap Inc May 17, 2024 20 call for $1.04 for a net debit of $19.18 per share. This trade lasts 21 days, giving it an annualized return rate of 71.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ftai Aviation Ltd has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of FTAI stock at $73.25 per share and sell one contract of the Ftai Aviation Ltd May 17, 2024 72.5 call for $3.70 for a net debit of $69.55 per share. This trade lasts 21 days, giving it an annualized return rate of 70.4%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Embraer-Empresa Brasileira DE Ae has an assigned return rate of 4.2%. To enter this trade, buy 100 shares of ERJ stock at $25.00 per share and sell one contract of the Embraer-Empresa Brasileira DE Ae May 17, 2024 25 call for $1.01 for a net debit of $23.98 per share. This trade lasts 21 days, giving it an annualized return rate of 70.2%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Carter's Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of CRI stock at $71.56 per share and sell one contract of the Carter's Inc May 17, 2024 70 call for $4.33 for a net debit of $67.23 per share. This trade lasts 21 days, giving it an annualized return rate of 68.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Pioneer Natural Resources Compan has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of PXD stock at $275.15 per share and sell one contract of the Pioneer Natural Resources Compan May 03, 2024 275 call for $4.15 for a net debit of $271.00 per share. This trade lasts 7 days, giving it an annualized return rate of 67.3%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Sprouts Farmers Market has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of SFM stock at $65.90 per share and sell one contract of the Sprouts Farmers Market May 17, 2024 65 call for $3.42 for a net debit of $62.48 per share. This trade lasts 21 days, giving it an annualized return rate of 66.9%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Live Nation Entertainment has an assigned return rate of 4.0%. To enter this trade, buy 100 shares of LYV stock at $88.49 per share and sell one contract of the Live Nation Entertainment May 17, 2024 87.5 call for $4.33 for a net debit of $84.16 per share. This trade lasts 21 days, giving it an annualized return rate of 65.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Vital Farms Inc has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of VITL stock at $26.44 per share and sell one contract of the Vital Farms Inc May 17, 2024 25 call for $2.38 for a net debit of $24.06 per share. This trade lasts 21 days, giving it an annualized return rate of 65.2%. 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 Tevogen Bio Holdings (TVGN), Pineapple Energy (PEGY) and Kintara Therapeutics (KTRA) are moving higher this morning, while Vincerx Pharma (VINC), SCWorx (WORX) and ReAlpha Tech Corp (AIRE) are headed lower. Western Digital Corp (WDC), Visteon Corp (VC) and Sonic Automotive Inc (SAH) were upgraded. while WNS (Holdings) Limited (WNS), Teledyne Technologies Inc (TDY) and Range Resources Corp (RRC) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Nikkei 225 is up 0.81%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.66%, the Hang Seng is up 0.48%, the Shanghai SE Composite Index is up 0.27%, and the Australia ASX All Ordinaries is down 1.39%. In Europe, stocks are up. The Euro Stox 50 is up 0.77%, the DAX is up 0.75%, the FTSE 100 is up 0.4%, and the CAC 40 is up 0.37%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.46 at $84.35 per barrel. Brent crude is down $1.75 at $89.76 per barrel. Natural Gas is down $0.07 at $1.54. Precious metals are up this morning. Gold is up $10.57 at $2342.73 per ounce. Platinum is up $5.5 at $917.5, while silver is up $0.09 at $27.53. 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 0.76% to $64,181.42, while Ethereum is up 1.15% to $3,127.78. Equity PUT/CALL RATIO Yesterday, 4,270,248 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,958,925 put contracts. The single-session put/call ratio was 0.93. TODAY'S ECONOMIC CALENDAR Personal Income / Spending March 8:30 a.m. PCE Prices March 8:30 a.m. EARNINGS EXPECTED TODAY: ALV, AN, AON, AVTR, B, BALL, CHTR, CL, CNC, CRI, CVEO, CVX, EAF, LYB, NWG, POR, ROP, SLCA, SXT, XOM |
