MORNING UPDATE: PriceWatch Alerts For BOWL CCL KMX for 2024-07-16 |
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 Bowlero Corp. has an assigned return rate of 2.6%, with a downside protection of 13.8%. To enter this trade, buy 100 shares of BOWL stock at $14.13 per share and sell one contract of the Bowlero Corp. 8/16/2024 12.5 CALL for $1.95 for a net debit of $12.18 per share. This trade lasts 32 days, giving it an annualized return rate of 30.0%, Today's optimal covered call on Carnival Corp. has an assigned return rate of 1.1%, with a downside protection of 13.7%. To enter this trade, buy 100 shares of CCL stock at $18.32 per share and sell one contract of the Carnival Corp. 8/16/2024 16.0 CALL for $2.50 for a net debit of $15.82 per share. This trade lasts 32 days, giving it an annualized return rate of 13.0%, Today's optimal covered call on CarMax Inc. has an assigned return rate of 1.4%, with a downside protection of 9.8%. To enter this trade, buy 100 shares of KMX stock at $82.00 per share and sell one contract of the CarMax Inc. 8/16/2024 75.0 CALL for $8.00 for a net debit of $74.00 per share. This trade lasts 32 days, giving it an annualized return rate of 15.4%, For more insight on the Monthly Covered Call Picks of the Day PUT/CALL RATIO... Last Session 20,349,020 put contracts traded and 31,242,686 call contracts traded. Put/Call Volume Ratio: 0.65 Last Session 210,726,434 put contracts open and 235,087,315 call contracts open. Put/Call Open Interest Ratio: 0.90 UPCOMING EARNINGS ANNOUNCEMENTS... Bank of America Corp. (BAC) 07/16/24 Morgan Stanley (MS) 07/16/24 UnitedHealth Group Inc. (UNH) 07/16/24 Charles Schwab Inc. (The) (SCHW) 07/16/24 PNC Financial Services Group Inc. (The) (PNC) 07/16/24 OPTIONABLE STOCK ADVANCES & DECLINES... Last Session 3,560 stocks advanced and 2,145 stocks declined. Advance/Decline Ratio: 1.66 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! |