MORNING UPDATE: PriceWatch Alerts for SWBI and More... for 2024-06-12 |
| PriceWatch Alerts for SWBI, UHS, AER, SFM, TGT, HEAR, ULTA, H, JXN, and LOW. Today's optimal covered call on Smith & Wesson Brands Inc has an assigned return rate of 5.9%. To enter this trade, buy 100 shares of SWBI stock at $16.28 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 $15.12 per share. This trade lasts 37 days, giving it an annualized return rate of 56.2%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Universal Health Services has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of UHS stock at $185.68 per share and sell one contract of the Universal Health Services June 21, 2024 185 call for $3.43 for a net debit of $182.25 per share. This trade lasts 9 days, giving it an annualized return rate of 55.1%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Aercap Holdings N.V. has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of AER stock at $90.13 per share and sell one contract of the Aercap Holdings N.V. June 21, 2024 90 call for $1.46 for a net debit of $88.66 per share. This trade lasts 9 days, giving it an annualized return rate of 55.0%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Sprouts Farmers Market has an assigned return rate of 1.5%. To enter this trade, buy 100 shares of SFM stock at $75.64 per share and sell one contract of the Sprouts Farmers Market June 21, 2024 75 call for $1.72 for a net debit of $73.92 per share. This trade lasts 9 days, giving it an annualized return rate of 53.1%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Target Corp has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of TGT stock at $146.19 per share and sell one contract of the Target Corp June 21, 2024 146 call for $2.25 for a net debit of $143.94 per share. This trade lasts 9 days, giving it an annualized return rate of 52.2%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Turtle Beach Corp has an assigned return rate of 9.0%. To enter this trade, buy 100 shares of HEAR stock at $15.48 per share and sell one contract of the Turtle Beach Corp August 16, 2024 15 call for $1.72 for a net debit of $13.76 per share. This trade lasts 65 days, giving it an annualized return rate of 49.6%. 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 1.3%. To enter this trade, buy 100 shares of ULTA stock at $387.69 per share and sell one contract of the Ulta Beauty Inc June 21, 2024 385 call for $7.74 for a net debit of $379.95 per share. This trade lasts 9 days, giving it an annualized return rate of 48.5%. The risk assessment of this trade is 5 keys (The Lowest relative risk). Today's optimal covered call on Hyatt Hotels Corp has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of H stock at $145.88 per share and sell one contract of the Hyatt Hotels Corp June 21, 2024 145 call for $2.78 for a net debit of $143.10 per share. This trade lasts 9 days, giving it an annualized return rate of 48.3%. The risk assessment of this trade is 3 keys (Moderate relative risk). Today's optimal covered call on Jackson Financial Inc Cl A has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of JXN stock at $71.01 per share and sell one contract of the Jackson Financial Inc Cl A June 21, 2024 70 call for $1.92 for a net debit of $69.10 per share. This trade lasts 9 days, giving it an annualized return rate of 47.8%. The risk assessment of this trade is 2 keys (Considerable relative risk). Today's optimal covered call on Lowe's Companies has an assigned return rate of 1.3%. To enter this trade, buy 100 shares of LOW stock at $218.35 per share and sell one contract of the Lowe's Companies June 21, 2024 217.5 call for $3.57 for a net debit of $214.78 per share. This trade lasts 9 days, giving it an annualized return rate of 46.2%. 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)! 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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 Golden Heaven Group Hldgs (GDHG), Sify Technologies Limited - Rights expiring 6/21/2024 (SIFYR) and WANG & LEE Group (WLGS) are moving higher this morning, while ThermoGenesis Holdings (THMO), Tonix Pharmaceuticals (TNXP) and KWESST Micro Systems (KWE) are headed lower. National Grid plc (NGG), McCormick & Company Inc (MKC) and Klaviyo Inc (KVYO) were upgraded. while Pure Storage Inc (PSTG), Paramount Global Class B (PARA) and Nextera Energy Partners LP (NEP) were downgraded. INTERNATIONAL MARKETS Stocks in Asia are mixed. The Shanghai SE Composite Index is up 0.0031%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.002%, the Australia ASX All Ordinaries is down 0.0051%, the Nikkei 225 is down 0.006%, and the Hang Seng is down 0.0131%. In Europe, stocks are mixed. The FTSE 100 is up 0.75%, the Euro Stox 50 is up 0.67%, the CAC 40 is up 0.5%, and the DAX is down 0.76%. FUTURES & CURRENCIES Energy futures are mixed today. The price for West Texas Intermediate crude oil is up $0.48 at $78.76 per barrel. Brent crude is down $0.4 at $82.71 per barrel. Natural Gas is down $0.09 at $3.07. Precious metals are mixed this morning. Gold is down $3.66 at $2313.05 per ounce. Platinum is down $5 at $951, while silver is up $0.09 at $29.37. 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 1.03% to $67,821.38, while Ethereum is up 0.03% to $3,541.50. Equity PUT/CALL RATIO Yesterday, 3,899,067 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 3,423,590 put contracts. The single-session put/call ratio was 0.88. TODAY'S ECONOMIC CALENDAR CPI May 8:30 a.m. EIA Crude Oil Inventories 6/8 10:30 a.m. FOMC Rate Decision June 2:00 p.m. EARNINGS EXPECTED TODAY: AFMD, AVGO, CANG, CODA, CURV, OXM, PLAY, VRA, ZH |
