MORNING UPDATE: PriceWatch Alerts for FDMT and More... for 2024-06-06 |
| PriceWatch Alerts for FDMT, NTRA, URBN, MTDR, YPF, SWBI, ARHS, BECN, FIS, and HEAR. Today's optimal covered call on 4D Molecular Therapeutics Inc has an assigned return rate of 6.8%. To enter this trade, buy 100 shares of FDMT stock at $27.28 per share and sell one contract of the 4D Molecular Therapeutics Inc July 19, 2024 25 call for $3.87 for a net debit of $23.41 per share. This trade lasts 43 days, giving it an annualized return rate of 56.3%. 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 2.5%. To enter this trade, buy 100 shares of NTRA stock at $110.79 per share and sell one contract of the Natera Inc June 21, 2024 110 call for $3.44 for a net debit of $107.35 per share. This trade lasts 15 days, giving it an annualized return rate of 56.3%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Urban Outfitters Inc has an assigned return rate of 2.4%. To enter this trade, buy 100 shares of URBN stock at $41.12 per share and sell one contract of the Urban Outfitters Inc June 21, 2024 41 call for $1.06 for a net debit of $40.06 per share. This trade lasts 15 days, giving it an annualized return rate of 53.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Matador Resources Company has an assigned return rate of 2.3%. To enter this trade, buy 100 shares of MTDR stock at $57.80 per share and sell one contract of the Matador Resources Company June 21, 2024 57.5 call for $1.62 for a net debit of $56.18 per share. This trade lasts 15 days, giving it an annualized return rate of 53.4%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Ypf Sociedad Anonima ADR has an assigned return rate of 5.3%. To enter this trade, buy 100 shares of YPF stock at $20.81 per share and sell one contract of the Ypf Sociedad Anonima ADR July 12, 2024 20.5 call for $1.34 for a net debit of $19.48 per share. This trade lasts 36 days, giving it an annualized return rate of 51.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Smith & Wesson Brands Inc has an assigned return rate of 6.2%. To enter this trade, buy 100 shares of SWBI stock at $16.22 per share and sell one contract of the Smith & Wesson Brands Inc July 19, 2024 16 call for $1.16 for a net debit of $15.06 per share. This trade lasts 43 days, giving it an annualized return rate of 51.8%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Arhaus Inc Cl A has an assigned return rate of 6.1%. To enter this trade, buy 100 shares of ARHS stock at $19.51 per share and sell one contract of the Arhaus Inc Cl A July 19, 2024 19.5 call for $1.14 for a net debit of $18.38 per share. This trade lasts 43 days, giving it an annualized return rate of 50.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Beacon Roofing Suppl has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of BECN stock at $97.63 per share and sell one contract of the Beacon Roofing Suppl June 21, 2024 97.5 call for $2.20 for a net debit of $95.43 per share. This trade lasts 15 days, giving it an annualized return rate of 49.5%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Fidelity National Information Se has an assigned return rate of 1.2%. To enter this trade, buy 100 shares of FIS stock at $75.96 per share and sell one contract of the Fidelity National Information Se June 14, 2024 76 call for $0.86 for a net debit of $75.10 per share. This trade lasts 8 days, giving it an annualized return rate of 48.9%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Turtle Beach Corp has an assigned return rate of 9.5%. To enter this trade, buy 100 shares of HEAR stock at $15.41 per share and sell one contract of the Turtle Beach Corp August 16, 2024 15 call for $1.72 for a net debit of $13.70 per share. This trade lasts 71 days, giving it an annualized return rate of 48.3%. 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. 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 Freight Technologies (FRGT), Virax Biolabs Group (VRAX) and Aethlon Medical (AEMD) are moving higher this morning, while Actelis Networks (ASNS), Jowell Global (JWEL) and Moving iMage Technologies (MITQ) are headed lower. United Airlines Holdings Inc (UAL), StoneCo Ltd (STNE) and Sealed Air Corp (SEE) were upgraded. while ZIM Integrated Shipping Services Ltd (ZIM), 2Seventy Bio Inc (TSVT) and Shopify Inc (SHOP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Mumbai Sensex (S&P BSE SENSEX) is up 0.0093%, the Nikkei 225 is up 0.0074%, the Australia ASX All Ordinaries is up 0.0068%, the Hang Seng is up 0.0028%, and the Shanghai SE Composite Index is down 0.0054%. In Europe, stocks are up. The Euro Stox 50 is up 0.76%, the CAC 40 is up 0.54%, the FTSE 100 is up 0.35%, and the DAX is up 0.27%. FUTURES & CURRENCIES Energy futures are up today. The price for West Texas Intermediate crude oil is up $0.88 at $74.85 per barrel. Brent crude is up $0.82 at $79.23 per barrel. Natural Gas is up $0.072 at $2.829. Precious metals are up this morning. Gold is up $4.5 at $2377.85 per ounce. Platinum is up $3.8 at $1004.8, while silver is up $0.4 at $30.43. 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 0.34% to $71,162.80, while Ethereum is up 1.17% to $3,847.77. Equity PUT/CALL RATIO Yesterday, 3,903,845 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,809,986 put contracts. The single-session put/call ratio was 0.98. TODAY'S ECONOMIC CALENDAR Initial Claims 6/1 8:30 a.m. Trade Balance April 8:30 a.m. EARNINGS EXPECTED TODAY: ABM, AGX, ALOT, AMSWA, BIG, CIEN, GIII, HOFT, JFIN, NIO, QSG, RENT, SJM, TTC |
