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MORNING UPDATE: PriceWatch Alerts For BOWL URBN CCL KMX for 2024-07-11
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COVERED CALL PriceWatch Alerts...

Today's optimal covered call on Bowlero Corp. has an assigned return rate of 3.1%, with a downside protection of 12.5%. To enter this trade, buy 100 shares of BOWL stock at $13.85 per share and sell one contract of the Bowlero Corp. 8/16/2024 12.5 CALL for $1.73 for a net debit of $12.13 per share. This trade lasts 36 days, giving it an annualized return rate of 30.5%,

Today's optimal covered call on Urban Outfitters Inc. has an assigned return rate of 1.9%, with a downside protection of 11.5%. To enter this trade, buy 100 shares of URBN stock at $44.37 per share and sell one contract of the Urban Outfitters Inc. 8/16/2024 40.0 CALL for $5.10 for a net debit of $39.27 per share. This trade lasts 36 days, giving it an annualized return rate of 18.4%,

Today's optimal covered call on Carnival Corp. has an assigned return rate of 1.6%, with a downside protection of 11.3%. To enter this trade, buy 100 shares of CCL stock at $17.74 per share and sell one contract of the Carnival Corp. 8/16/2024 16.0 CALL for $2.00 for a net debit of $15.75 per share. This trade lasts 36 days, giving it an annualized return rate of 16.0%,

Today's optimal covered call on CarMax Inc. has an assigned return rate of 1.6%, with a downside protection of 10.4%. To enter this trade, buy 100 shares of KMX stock at $76.93 per share and sell one contract of the CarMax Inc. 8/16/2024 70.0 CALL for $8.00 for a net debit of $68.93 per share. This trade lasts 36 days, giving it an annualized return rate of 15.3%,

For more insight on the Monthly Covered Call Picks of the Day


PUT/CALL RATIO...
Last Session 18,340,375 put contracts traded and 27,304,279 call contracts traded.
Put/Call Volume Ratio: 0.67
Last Session 208,059,789 put contracts open and 232,364,101 call contracts open.
Put/Call Open Interest Ratio: 0.90


UPCOMING EARNINGS ANNOUNCEMENTS...
Delta Air Lines Inc. (DAL) 07/11/24
PepsiCo Inc. (PEP) 07/11/24
ConAgra Inc. (CAG) 07/11/24
Uranium Royalty Corp. (UROY) 07/11/24
Vista Oil & Gas S.A.B. de C.V. (VIST) 07/11/24


OPTIONABLE STOCK ADVANCES & DECLINES...
Last Session 0 stocks advanced and 0 stocks declined.
Advance/Decline Ratio: NaN

All stocks and options shown are examples only. These are not recommendations to buy or sell any security and they do not represent in any way a positive or negative outlook for any security. Potential returns do not take into account your trade size, brokerage commissions, taxes or our subscription fees which will affect actual investment returns. Stocks and options involve risk and are not suitable for all investors and investing in options carries substantial risk. Prior to buying or selling options, a person must receive a copy of Characteristics and Risks of Standardized Options available at https://www.cboe.com/Resources/Intro.aspx. Privacy policy available upon request.

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