Option Ideas: Call Ideas - Avery Dennison Corporation (AVY), Put - Noble Energy, Inc. (NBL), and Covered Write - Activision Blizzard, Inc. (ATVI).
Daily Option Ideas for August 8, 2017
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Avery Dennison Corporation - $93.40 | O:AVY 18A90.00D19 | Buy the January 90.00 calls at 6.40 | 87.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Southwest Airlines Co. ( LUV) | Dec. 55.00 Calls | Stopped at 55.00 (CP: 54.81) |
| Apple Inc. ( AAPL) | Oct. 145.00 Calls | Raise the option stop loss to 14.40 (CP: 16.40) |
| Estee Lauder Companies ( EL) | Jan. 95.00 Calls | Raise the option stop loss to 6.50 (CP: 8.50) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Noble Energy Inc. - $25.39 | O:NBL 18M27.50D19 | Buy the January 27.50 puts at 3.50 | 31.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Dril-Quip (DRQ) | Dec. 55.00 Puts | Raise the option stop loss to 10.70 (CP: 12.70) |
| Michael Kors Holdings Limited (KORS) | Nov. 37.50 Puts | Stopped at 40.00 (CP: 45.25) |
| Helmerich & Payne, Inc. (HP) | Dec. 55.00 Puts | Raise the option stop loss to 8.60 (CP: 10.60) |
| Target Corporation (TGT) | Oct. 60.00 Puts | Stopped at 59.00 (CP: 58.74) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Activision Blizzard, Inc. $62.51 | O:ATVI 18A65.00D19 | Jan. 65.00 | 61.33 | $29,140.15 | 23.32% | 11.65% | 4.97% |
Still Recommended
| Name | Action |
|---|---|
| Box Inc. (BOX) - 18.84 | Sell the December 20.00 Calls. |
| Navistar International Corportation (NAV) - 31.67 | Sell the October 30.00 Calls. |
| Teladoc Inc. (TDOC) - 31.70 | Sell the January 35.00 Calls. |
| Carmax Group (KMX) - 65.83 | Sell the January 70.00 Calls. |
| NVIDIA Corporation (NVDA) - 172.35 | Sell the November 170.00 Calls. |
| Select Comfort Corporation (SCSS) - 33.86 | Sell the December 35.00 Calls. |
| Autodesk, Inc. (ADSK) - 109.82 | Sell the January 115.00 Calls. |
| Exact Sciences Corporation (EXAS) - 39.20 | Sell the January 41.00 Calls. |
| Boise Cascade Co (BCC) - 30.40 | Sell the January 32.50 Calls. |
| Tempur Sealy International Inc. (TPX) - 59.56 | Sell the January 65.00 Calls. |
| United Rentals, Inc. (URI) - 118.10 | Sell the January 130.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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