Daily Option Ideas
Published: January 10, 2017
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Call: Noble Energy (NBL), Put: Molina Healthcare Inc. (MOH), Covered Write: Take-Two Interactive Software (TTWO)

 

Daily Option Ideas for January 10, 2017

Calls
New Recommendations
Name Option Symbol Action Stop Loss
Noble Energy Inc. - $37.04 O:NBL 17H35.00D18 Buy the August 35.00 calls at 5.30 32.00
Follow Ups
Name Option Action
Waste Management, Inc. ( WM) Apr. 60.00 Calls Stopped at 9.40 (CP: 9.40)
Incyte Genomics, Inc. ( INCY) Mar. 100.00 Calls Raise the option stop loss to 15.00 (CP: 21.40)
Puts
New Recommendations
Name Option Symbol Action Stop Loss
Molina Healthcare Inc. - $58.01 O:MOH 17R60.00D16 Buy the June 60.00 puts at 8.40 61.00
Follow Up
Name Option Action
FirstEnergy Corp. (FE) Jan. 35.00 Puts Initiate an option stop loss of 3.50 (CP: 4.00)
Covered Writes
New Recommendations
Name Option Sym. Call to Sell Call Price Investment for 500 Shares Annual Called Rtn. Annual Static Rtn. Downside Protection
Take-Two Interactive Software, Inc. $50.46 O:TTWO 17F55.00D16 Jun. 55.00 2.70 $24,347.00 27.70% 10.30% 4.20%
Still Recommended
Name Action
United Rentals, Inc. (URI) - 106.16 Sell the March 110.00 Calls.
Zillow Group Inc. Class C (Z) - 36.95 Sell the May 40.00 Calls.
Petroleo Brasileiro S.A. (Brazil) ADR (PBR) - 10.83 Sell the April 11.00 Calls.
Swift Transportation Company (SWFT) - 23.72 Sell the May 26.00 Calls.
Integrated Device Technology, Inc. (IDTI) - 24.80 Sell the May 26.00 Calls.
Western Digital Corporation (WDC) - 71.86 Sell the April 72.50 Calls.
Murphy Oil Corp (MUR) - 30.56 Sell the April 32.50 Calls.
Hess Corporation (HES) - 60.61 Sell the May 65.00 Calls.
Marathon Oil Corporation (MRO) - 17.40 Sell the April 19.00 Calls.
Carmax Group (KMX) - 65.19 Sell the April 67.50 Calls.
QEP Resources Inc. (QEP) - 18.02 Sell the June 20.00 Calls.
The Following Covered Write are no longer recommended
Name Covered Write
No additions to this section

 

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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
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