NewsletterDailyWednesday, June 3, 2026
Daily Market Briefing — Wednesday, June 3, 2026 | CoveredCalls.live
Daily Market Briefing
Wednesday, June 3, 2026
S&P 500 (SPY)
▼ 754.24
-0.70%
Nasdaq (QQQ)
▼ 744.21
-0.26%
VIX
0.00%
Market Close
SymbolName CloseChangeRange
SPY SPDR S&P 500 ETF $754.24 -0.70% $758.80 / $753.57
QQQ Invesco Nasdaq QQQ $744.21 -0.26% $748.65 / $741.01
DIA Dow Jones ETF $508.26 -1.13% $512.85 / $507.99
IWM Russell 2000 ETF $287.67 -1.37% $290.01 / $286.78
Top News Today
1

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.

CNBC
2

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction - Reuters

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction  Reuters

Reuters
3

Broadcom stock slip on revenue miss

Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.

CNBC
4

Historic stock rally faces key test

Two key tech companies reporting earnings after the bell could determine the next move higher or lower.

CNBC
5

What's behind Palo Alto's earnings sell-off — and how to proceed

The stock was red hot into the earnings report.

CNBC
6

Sellers are pulling homes off the market at the fastest pace since 2020

Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.

CNBC
7

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says - Reuters

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says  Reuters

Reuters
8

Rupee dented by oil price jump, equity weakness; likely RBI intervention caps losses - Reuters

Rupee dented by oil price jump, equity weakness; likely RBI intervention caps losses  Reuters

Reuters
Economic Releases — Today
EventImpact ActualEstimate
ISM Services PMI ★★★ 54.5 53.8
MBA 30-Year Mortgage Rate ★★ 6.57%
ADP Employment Change ★★ 122 117
Fed Barr Speech ★★
Factory Orders MoM ★★ 4.8% 4.6%
EIA Crude Oil Stocks Change ★★ -7.974 -4
EIA Gasoline Stocks Change ★★ 3.364 -0.5
Fed Goolsbee Speech ★★
Fed Logan Speech ★★
Total Vehicle Sales 16.1 16
Tomorrow's High-Impact Events ★★★
EventPriorityEstimate
No high-impact releases tomorrow.

Only 3-star (high impact) events shown. Check Investing.com for full calendar.

Earnings This Week
SymbolCompany EPS Est.Date
CHWY CHEWY INC - CLASS A $0.22 2026-06-03
CMCO COLUMBUS MCKINNON CORP $0.78 2026-06-03
PATH UIPATH INC - CLASS A $0.15 2026-06-03
AVGO BROADCOM INC $2.16 2026-06-04
AVO MISSION PRODUCE INC $0.13 2026-06-04
DOCU DOCUSIGN INC $0.99 2026-06-04
IOT SAMSARA INC - CLASS A $0.13 2026-06-04
NIO NIO INC $-0.78 2026-06-04
PL PLANET LABS PBC - CLASS A $-0.03 2026-06-04
RBRK RUBRIK INC - CLASS A $-0.03 2026-06-04

⚡ Picks with earnings before expiry are flagged. Manage risk accordingly.

Covered Call Picks — 30 to 360 Days

Top-scoring covered call setups from today's scan. Selected for balance of premium, downside protection and liquidity. Horizons: 30–360 days.

SymbolName StrikeExpiryDTE PremiumDeltaIV Ann.RetCushion
No candidates found for this range today.

Ann.Ret = annualized return on capital. Cushion = % stock can drop before loss. Not financial advice.

LEAP Covered Calls — 360+ Days

Long-dated covered calls for investors seeking income while holding long-term positions. Lower annualized yield, higher total premium collected.

SymbolName StrikeExpiryDTE PremiumDeltaIV Ann.RetCushion
No LEAP candidates found today.

This newsletter is generated automatically after the daily scanner run. Data sourced from Finnhub and live options data. All covered call picks are selected algorithmically using the CCL Score — they are not personalized financial advice. Always verify data with your broker before trading. Past performance of the scanner does not guarantee future results.

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