MORNING UPDATE: PriceWatch Alerts For KMX BOWL CCL LOVE for 2024-07-12 |
| This alert as part of your subscription to one of the PowerOptions products. As always, if you have any questions feel free to email us at support@poweropt.com or call 302-992-7971. COVERED CALL PriceWatch Alerts... Today's optimal covered call on CarMax Inc. has an assigned return rate of 1.0%, with a downside protection of 16.2%. To enter this trade, buy 100 shares of KMX stock at $79.71 per share and sell one contract of the CarMax Inc. 8/16/2024 67.5 CALL for $12.90 for a net debit of $66.81 per share. This trade lasts 36 days, giving it an annualized return rate of 10.4%, Today's optimal covered call on Bowlero Corp. has an assigned return rate of 2.6%, with a downside protection of 14.4%. To enter this trade, buy 100 shares of BOWL stock at $14.23 per share and sell one contract of the Bowlero Corp. 8/16/2024 12.5 CALL for $2.05 for a net debit of $12.18 per share. This trade lasts 36 days, giving it an annualized return rate of 26.7%, Today's optimal covered call on Carnival Corp. has an assigned return rate of 1.9%, with a downside protection of 13.4%. To enter this trade, buy 100 shares of CCL stock at $18.12 per share and sell one contract of the Carnival Corp. 8/16/2024 16.0 CALL for $2.42 for a net debit of $15.70 per share. This trade lasts 36 days, giving it an annualized return rate of 19.4%, Today's optimal covered call on Lovesac Company (The) has an assigned return rate of 4.6%, with a downside protection of 10.9%. To enter this trade, buy 100 shares of LOVE stock at $26.82 per share and sell one contract of the Lovesac Company (The) 8/16/2024 25.0 CALL for $2.93 for a net debit of $23.90 per share. This trade lasts 36 days, giving it an annualized return rate of 46.8%, For more insight on the Monthly Covered Call Picks of the Day PUT/CALL RATIO... Last Session 25,431,147 put contracts traded and 37,520,335 call contracts traded. Put/Call Volume Ratio: 0.68 Last Session 211,762,801 put contracts open and 236,817,672 call contracts open. Put/Call Open Interest Ratio: 0.89 UPCOMING EARNINGS ANNOUNCEMENTS... Citigroup Inc. (C) 07/12/24 JPMorgan Chase & Co. (JPM) 07/12/24 Wells Fargo & Co. (WFC) 07/12/24 SunPower Corp. (SPWR) 07/12/24 Fastenal Co. (FAST) 07/12/24 OPTIONABLE STOCK ADVANCES & DECLINES... Last Session 4,702 stocks advanced and 1,033 stocks declined. Advance/Decline Ratio: 4.55 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. 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! 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 and start back testing today! |
