Daily Option Ideas
Published: June 16, 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: Digital Realty Trust (DLR), Put: Apache (APA), Covered Write: Exact Sciences (EXAS)

 

Daily Option Ideas for June 16, 2017

Calls
New Recommendations
Name Option Symbol Action Stop Loss
Digital Realty Trust, Inc. - $116.60 O:DLR 17J110.00D20 Buy the October 110.00 calls at 9.60 110.00
Follow Ups
Name Option Action
Newmont Mining Corporation ( NEM) Jun. 33.00 Calls Expired at 0.14 
Eastman Chemical Company ( EMN) Jun. 75.00 Calls Expired at 8.04
CME Group, Inc. ( CME) Jun. 120.00 Calls Expired at 6.18
Ingersoll-Rand PLC ( IR) Sep. 77.50 Calls Raise the option stop loss to 13.10 (CP: 15.10)
Alcoa Inc. ( AA) Jul. 32.00 Calls Stopped at 30.00 (CP: 29.91)
CSX Corporation ( CSX) Aug. 45.00 Calls Stopped at 8.15 (CP: 8.10)
Eagle Materials, Inc. ( EXP) Oct. 97.50 Calls Stopped at 93.00 (CP: 93.16)
Manpower Inc ( MAN) Sep. 100.00 Calls Raise the option stop loss to 7.90 (CP: 9.90)
Northern Trust Corporation ( NTRS) Oct. 85.00 Calls Raise the option stop loss to 8.80 (CP: 10.80)
Puts
New Recommendations
Name Option Symbol Action Stop Loss
Apache Corporation - $49.55 O:APA 17V55.00D20 Buy the October 55.00 puts at 7.10 53.00
Follow Up
Name Option Action
Dollar Tree, Inc. (DLTR) Aug. 82.50 Puts Raise the option stop loss to 10.40 (CP: 12.40)
The Hain Celestial Group, Inc. (HAIN) Aug. 42.00 Puts Initiate a stock price stop of 39.00 (CP: 33.78)
The Hain Celestial Group, Inc. (HAIN) Nov. 39.00 Puts Initiate a stock price stop of 39.00 (CP: 33.78)
WESCO Internation, Inc. (WCC) Oct. 65.00 Puts Raise the option stop loss to 6.60 (CP: 8.60)
PriceSmart, Inc. (PSMT) Oct. 95.00 Puts Initiate an option stop loss of 7.80 (CP: 9.80)
Target Corporation (TGT) Oct. 57.50 Puts Initiate an option stop loss of 4.65 (CP: 6.65)
Covered Writes
New Recommendations
Name Option Sym. Call to Sell Call Price Investment for 500 Shares Annual Called Rtn. Annual Static Rtn. Downside Protection
Exact Sciences Corporation $32.23 O:EXAS 17J35.00D20 Oct. 35.00 3.00 $14,846.70 48.62% 25.82% 8.18%
Still Recommended
Name Action
Momo Inc (China) ADR (MOMO) - 36.32 Sell the October 40.00 Calls.
Lumber Liquidators Holdings Inc (LL) - 24.94 Sell the November 30.00 Calls.
Dish Network Corporation (DISH) - 65.28 Sell the September 67.50 Calls.
MACOM Technology Solutions Holdings Inc. (MTSI) - 56.27 Sell the November 60.00 Calls.
Micron Technology, Inc. (MU) - 30.56 Sell the October 32.00 Calls.
Cabot Oil & Gas Corporation (COG) - 23.34 Sell the October 25.00 Calls.
Weight Watchers International, Inc. (WTW) - 28.80 Sell the October 28.00 Calls.
Cirrus Logic Inc (CRUS) - 62.97 Sell the September 65.00 Calls.
The Following Covered Write are no longer recommended
Name Covered Write
No additions to this section

 

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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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