MORNING UPDATE: PriceWatch Alerts for NTRA and More... for 2024-05-07 |
| PriceWatch Alerts for NTRA, TGT, TDW, DKS, LFMD, VAL, SFM, NRG, SM, and ULTA. Today's optimal covered call on Natera Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of NTRA stock at $97.21 per share and sell one contract of the Natera Inc May 17, 2024 95 call for $4.26 for a net debit of $92.95 per share. This trade lasts 10 days, giving it an annualized return rate of 73.2%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Target Corp has an assigned return rate of 3.6%. To enter this trade, buy 100 shares of TGT stock at $158.35 per share and sell one contract of the Target Corp May 24, 2024 157.5 call for $6.32 for a net debit of $152.04 per share. This trade lasts 17 days, giving it an annualized return rate of 72.9%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Tidewater Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of TDW stock at $107.29 per share and sell one contract of the Tidewater Inc May 17, 2024 105 call for $4.53 for a net debit of $102.76 per share. This trade lasts 10 days, giving it an annualized return rate of 72.3%. 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 4.9%. To enter this trade, buy 100 shares of DKS stock at $205.64 per share and sell one contract of the Dick's Sporting Goods Inc May 31, 2024 205 call for $10.22 for a net debit of $195.42 per share. This trade lasts 24 days, giving it an annualized return rate of 71.6%. The risk assessment of this trade is 4 keys (Low relative risk). Today's optimal covered call on Lifemd Inc has an assigned return rate of 8.9%. To enter this trade, buy 100 shares of LFMD stock at $12.44 per share and sell one contract of the Lifemd Inc June 21, 2024 12 call for $1.42 for a net debit of $11.02 per share. This trade lasts 45 days, giving it an annualized return rate of 71.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Valaris Ltd has an assigned return rate of 1.9%. To enter this trade, buy 100 shares of VAL stock at $70.80 per share and sell one contract of the Valaris Ltd May 17, 2024 70 call for $2.12 for a net debit of $68.68 per share. This trade lasts 10 days, giving it an annualized return rate of 64.0%. 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 1.9%. To enter this trade, buy 100 shares of SFM stock at $75.00 per share and sell one contract of the Sprouts Farmers Market May 17, 2024 75 call for $1.36 for a net debit of $73.64 per share. This trade lasts 10 days, giving it an annualized return rate of 61.5%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on NRG Energy has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of NRG stock at $77.89 per share and sell one contract of the NRG Energy May 17, 2024 75 call for $4.24 for a net debit of $73.65 per share. This trade lasts 10 days, giving it an annualized return rate of 60.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Sm Energy Company has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of SM stock at $50.72 per share and sell one contract of the Sm Energy Company May 17, 2024 50 call for $1.61 for a net debit of $49.11 per share. This trade lasts 10 days, giving it an annualized return rate of 60.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Ulta Beauty Inc has an assigned return rate of 4.1%. To enter this trade, buy 100 shares of ULTA stock at $394.88 per share and sell one contract of the Ulta Beauty Inc May 31, 2024 390 call for $20.24 for a net debit of $374.64 per share. This trade lasts 24 days, giving it an annualized return rate of 59.9%. 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. 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 Clearmind Medicine (CMND), ReAlpha Tech Corp (AIRE) and Envoy Medical (COCH) are moving higher this morning, while GreenPower Motor Co (GP), AgriFORCE Growing Systems (AGRI) and Holdco Nuvo Group DG (NUVO) are headed lower. Vale SA (VALE), Target Corp (TGT) and Sunstone Hotel Investors Inc (SHO) were upgraded. while Vestis Corp (VSTS), Teradata Corp (TDC) and Lyra Therapeutics Inc (LYRA) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are up. The Nikkei 225 is up 1.57%, the Australia ASX All Ordinaries is up 1.44%, the Shanghai SE Composite Index is up 1.16%, the Hang Seng is up 0.55%, and the Mumbai Sensex (S&P BSE SENSEX) is up 0.02%. In Europe, stocks are up. The FTSE 100 is up 1.1%, the DAX is up 0.58%, the Euro Stox 50 is up 0.48%, and the CAC 40 is up 0.31%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.53 at $78.26 per barrel. Brent crude is up $0.1 at $83.1 per barrel. Natural Gas is up $0.01 at $2.21. Precious metals are mixed this morning. Gold is down $11.87 at $2311.41 per ounce. Platinum is up $1.5 at $958.5, while silver is down $0.19 at $27.29. 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 0.93% to $64,276.16, while Ethereum is up 0.83% to $3,158.71. Equity PUT/CALL RATIO Yesterday, 3,858,306 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,961,928 put contracts. The single-session put/call ratio was 1.29. TODAY'S ECONOMIC CALENDAR Consumer Credit March 3:00 p.m. EARNINGS EXPECTED TODAY: ADTN, ATKR, AUDC, AVNT, BP, EEX, ESPR, GEO, GTN, HSIC, J, KOS, KVUE, MD, OSCR, RACE, SQSP, VPG, XFOR |
