MorningUpdate - Options Trading Email
  Location: Home > Tool Menu > Help Menu

MORNING UPDATE: PriceWatch Alerts for TRQ and More.......

MorningUpdate - Options Trading Email

Dear [FIRST_NAME]:



You received 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 877-992-7971.



------------------------------------------------------------------



PriceWatch Alerts for TRQ, CPRX, SAIC, PAYX, CMRE, HPE, GIS, TD, SJM, and PLAN.







Today's optimal covered call on Turquoise Hill Resources Ltd has an assigned return rate of 3.1%. To enter this trade, buy 100 shares of TRQ stock at $29.56 per share and sell one contract of the Turquoise Hill Resources Ltd May 20, 2022 29 call for $1.44 for a net debit of $28.12 per share. This trade lasts 32 days, giving it an annualized return rate of 31.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).



Today's optimal covered call on Catalyst Pharm Inc has an assigned return rate of 18.0%. To enter this trade, buy 100 shares of CPRX stock at $8.41 per share and sell one contract of the Catalyst Pharm Inc December 16, 2022 7.5 call for $2.06 for a net debit of $6.35 per share. This trade lasts 242 days, giving it an annualized return rate of 26.7% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Science Applications Internation has an assigned return rate of 3.9%. To enter this trade, buy 100 shares of SAIC stock at $87.63 per share and sell one contract of the Science Applications Internation June 17, 2022 85 call for $5.80 for a net debit of $81.83 per share. This trade lasts 60 days, giving it an annualized return rate of 22.1% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Paychex Inc has an assigned return rate of 2.2%. To enter this trade, buy 100 shares of PAYX stock at $136.69 per share and sell one contract of the Paychex Inc May 20, 2022 135 call for $4.54 for a net debit of $132.15 per share. This trade lasts 32 days, giving it an annualized return rate of 21.9% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Costamare Inc has an assigned return rate of 8.8%. To enter this trade, buy 100 shares of CMRE stock at $15.91 per share and sell one contract of the Costamare Inc September 16, 2022 15 call for $2.12 for a net debit of $13.79 per share. This trade lasts 151 days, giving it an annualized return rate of 20.7% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Hewlett Packard Enterprise Comp has an assigned return rate of 6.6%. To enter this trade, buy 100 shares of HPE stock at $15.38 per share and sell one contract of the Hewlett Packard Enterprise Comp August 19, 2022 15 call for $1.31 for a net debit of $14.07 per share. This trade lasts 123 days, giving it an annualized return rate of 19.0% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on General Mills has an assigned return rate of 1.8%. To enter this trade, buy 100 shares of GIS stock at $70.92 per share and sell one contract of the General Mills May 20, 2022 70 call for $2.18 for a net debit of $68.74 per share. This trade lasts 32 days, giving it an annualized return rate of 18.5% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Toronto Dominion Bank has an assigned return rate of 1.6%. To enter this trade, buy 100 shares of TD stock at $74.50 per share and sell one contract of the Toronto Dominion Bank May 20, 2022 72.5 call for $3.12 for a net debit of $71.38 per share. This trade lasts 32 days, giving it an annualized return rate of 15.9% The risk assessment of this trade is 3 keys, (Moderate relative risk).



Today's optimal covered call on J.M. Smucker Company has an assigned return rate of 2.7%. To enter this trade, buy 100 shares of SJM stock at $139.69 per share and sell one contract of the J.M. Smucker Company July 15, 2022 135 call for $8.26 for a net debit of $131.43 per share. This trade lasts 88 days, giving it an annualized return rate of 10.8% The risk assessment of this trade is 2 keys, (Considerable relative risk).



Today's optimal covered call on Anaplan Inc has an assigned return rate of 1.4%. To enter this trade, buy 100 shares of PLAN stock at $65.23 per share and sell one contract of the Anaplan Inc January 19, 2024 65 call for $1.14 for a net debit of $64.09 per share. This trade lasts 641 days, giving it an annualized return rate of 0.8% The risk assessment of this trade is 2 keys, (Considerable 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 (https://www.poweropt.com/store/main.aspx)! 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

Nike Inc (NKE), US Bancorp (USB) and Caterpillar Inc. (CAT) are moving higher this morning, while State Street Corp (STT), W W Grainger Inc (GWW) and Generac Holdings Inc. (GNRC) are headed lower. Biogen Inc (BIIB), Comerica Incorporated (CMA) and HB Fuller Co (FUL) were upgraded by analysts this morning, while Aptiv PLC (APTV), United Airlines Holdings Inc (UAL) and Progressive Corp (PGR) were downgraded.



INTERNATIONAL MARKETS

Stocks in Asia are mixed. The Hang Seng is up 0.67%, the Australia ASX All Ordinaries is up 0.65%, the Shanghai SE Composite Index is down -0.49% the Nikkei 225 is down -1.08% and the Mumbai Sensex is down -2.01%. In Europe stocks are up. The CAC 40 is up 0.72%, the DAX is up 0.62%, the Euro Stoxx 50 is up 0.54% and the FTSE 100 is up 0.47%.



FUTURES & CURRENCIES

Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.2 at 106.75 per barrel. Brent crude is up 0.21 at 111.91 per barrel. Natural Gas is up 0.26 at 7.56. Precious metals are up this morning. Gold is up 15.82 at 1994.06 per ounce. Platinum is up 21.01 at 1013.9 while silver is up 0.57 at 26.36. The dollar is up compared to the major currencies today. The greenback is up against the euro, up against the Yen and up against the Pound. Bitcoin is down -3.53% to $39,051.48 while Ethereum is down -4.39% to $2,913.78.



Equity PUT/CALL RATIO

Yesterday, 1,635,794 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 815,533 put contracts. The single-session put/call ratio was 0.5.



TODAY'S ECONOMIC CALENDAR

NAHB Housing Market Index Apr 10:00 ET



EARNINGS EXPECTED TODAY:

BAC, SCHW, BK, SYF, JBHT, ELS, PNFP, SFBS, FNB, FBK