MORNING UPDATE: PriceWatch Alerts for LFMD and More... for 2024-05-03 |
| PriceWatch Alerts for LFMD, URBN, M, GPS, NTRA, JXN, BURL, VTLE, WSM, and FTAI. Today's optimal covered call on Lifemd Inc has an assigned return rate of 10.8%. To enter this trade, buy 100 shares of LFMD stock at $12.49 per share and sell one contract of the Lifemd Inc June 21, 2024 12 call for $1.66 for a net debit of $10.83 per share. This trade lasts 49 days, giving it an annualized return rate of 78.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Urban Outfitters Inc has an assigned return rate of 4.6%. To enter this trade, buy 100 shares of URBN stock at $39.40 per share and sell one contract of the Urban Outfitters Inc May 24, 2024 39 call for $2.12 for a net debit of $37.28 per share. This trade lasts 21 days, giving it an annualized return rate of 76.8%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Macy's Inc has an assigned return rate of 6.0%. To enter this trade, buy 100 shares of M stock at $19.12 per share and sell one contract of the Macy's Inc May 31, 2024 19 call for $1.19 for a net debit of $17.93 per share. This trade lasts 28 days, giving it an annualized return rate of 75.1%. 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 7.2%. To enter this trade, buy 100 shares of GPS stock at $20.79 per share and sell one contract of the Gap Inc June 07, 2024 20 call for $2.14 for a net debit of $18.65 per share. This trade lasts 35 days, giving it an annualized return rate of 73.2%. 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 2.9%. To enter this trade, buy 100 shares of NTRA stock at $93.72 per share and sell one contract of the Natera Inc May 17, 2024 92.5 call for $3.81 for a net debit of $89.91 per share. This trade lasts 14 days, giving it an annualized return rate of 70.1%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Jackson Financial Inc Cl A has an assigned return rate of 2.9%. To enter this trade, buy 100 shares of JXN stock at $69.42 per share and sell one contract of the Jackson Financial Inc Cl A May 17, 2024 65 call for $6.23 for a net debit of $63.19 per share. This trade lasts 14 days, giving it an annualized return rate of 69.7%. 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 1.5%. To enter this trade, buy 100 shares of BURL stock at $184.31 per share and sell one contract of the Burlington Stores Inc May 10, 2024 182.5 call for $4.54 for a net debit of $179.77 per share. This trade lasts 7 days, giving it an annualized return rate of 69.3%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Vital Energy Inc has an assigned return rate of 2.8%. To enter this trade, buy 100 shares of VTLE stock at $50.91 per share and sell one contract of the Vital Energy Inc May 17, 2024 50 call for $2.26 for a net debit of $48.65 per share. This trade lasts 14 days, giving it an annualized return rate of 67.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Williams-Sonoma has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of WSM stock at $292.24 per share and sell one contract of the Williams-Sonoma May 17, 2024 290 call for $9.86 for a net debit of $282.38 per share. This trade lasts 14 days, giving it an annualized return rate of 65.7%. 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 2.7%. To enter this trade, buy 100 shares of FTAI stock at $75.53 per share and sell one contract of the Ftai Aviation Ltd May 17, 2024 75 call for $2.47 for a net debit of $73.06 per share. This trade lasts 14 days, giving it an annualized return rate of 64.6%. 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)! 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 Helius Medical Tech (HSDT), Nuvo Group DG (NUVO) and Vaxxinity (VAXX) are moving higher this morning, while AEON Biopharma (AEON), Sprout Social (SPT) and Marin Software (MRIN) are headed lower. Tetra Tech Inc (TTEK), Extreme Networks Inc (EXTR) and MGM Resorts International (MGM) were upgraded. while Etsy Inc (ETSY), NetGear Inc (NTGR) and Flex Ltd (FLEX) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Hang Seng is up 2.5%, the Shanghai SE Composite Index is up 0.79%, the Australia ASX All Ordinaries is up 0.55%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.17%, and the Nikkei 225 is down 0.1%. In Europe, stocks are up. The FTSE 100 is up 0.53%, the CAC 40 is up 0.51%, the DAX is up 0.44%, and the Euro Stox 50 is up 0.43%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.4 at $79.29 per barrel. Brent crude is up $0.5 at $84.1 per barrel. Natural Gas is up $0.02 at $2.05. Precious metals are mixed this morning. Gold is down $5.69 at $2298 per ounce. Platinum is up $9.5 at $964, while silver is down $0.26 at $26.46. 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 1.11% to $58,222.41, while Ethereum is up 3.66% to $2,992.30. Equity PUT/CALL RATIO Yesterday, 3,881,891 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,838,913 put contracts. The single-session put/call ratio was 0.99. TODAY'S ECONOMIC CALENDAR Nonfarm Payrolls April 8:30 a.m. Unemployment Rate April 8:30 a.m. EARNINGS EXPECTED TODAY: ADNT, AMRX, ASIX, BBU, CBRE, CIO, CRBG, ESNT, FLR, GTLS, HSY, JOUT, MGA, MITT, NVT, OMI, PRLB, TILE, TRP, XPO |
