Call: Zions Bancorporation (ZION), Put: Akamai Technologies (AKAM), Covered Write: International Game Technology (IGT)
Daily Option Ideas for September 29, 2017
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Zions Bancorporation - $47.18 | O:ZION 18A40.00D19 | Buy the January 40.00 calls at 7.70 | 41.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Amphenol Corporation ( APH) | Oct. 70.00 Calls | Raise the option stop loss to 12.40 (CP: 14.40) |
| Synopsys Inc ( SNPS) | Sep. 70.00 Calls | Stopped at 7.90 (CP: 9.70) |
| Analog Devices, Inc. ( ADI) | Dec. 77.50 Calls | Raise the option stop loss to 7.50 (CP: 9.50) |
| Textron Inc. ( TXT) | Jan. 46.00 Calls | Raise the option stop loss to 6.50 (CP: 8.50) |
| Micron Technology, Inc. ( MU) | Jan. 28.00 Calls | Raise the option stop loss to 9.70 (CP: 11.70) |
| Wyndham Worldwide Corporation ( WYN) | Mar. 95.00 Calls | Raise the option stop loss to 10.70 (CP: 12.70) |
| D.R. Horton, Inc. ( DHI) | Jan. 33.00 Calls | Raise the option stop loss to 5.20 (CP: 7.20) |
| Celgene Corporation ( CELG) | Dec. 125.00 Calls | Raise the option stop loss to 19.85 (CP: 21.85) |
| Old Dominion Freight Line, Inc. ( ODFL) | Jan. 95.00 Calls | Raise the option stop loss to 14.40 (CP: 16.40) |
| Eastman Chemical Company ( EMN) | Dec. 80.00 Calls | Raise the option stop loss to 9.00 (CP: 11.00) |
| Ameriprise Financial ( AMP) | Dec. 130.00 Calls | Raise the option stop loss to 17.50 (CP: 19.50) |
| BorgWarner Inc. ( BWA) | Jan. 45.00 Calls | Initiate an option stop loss of 5.20 (CP: 7.20) |
| Texas Instruments Incorporated ( TXN) | Jan. 80.00 Calls | Raise the option stop loss to 8.50 (CP: 10.50) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Akamai Technologies, Inc. - $48.72 | O:AKAM 18N55.00D16 | Buy the March 55.00 puts at 8.00 | 54.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Tyson Foods, Inc. (TSN) | Oct. 65.00 Puts | Stopped at 68.00 (CP: 70.67) |
| Kellogg Company (K) | Jan. 70.00 Puts | Raise the option stop loss to 6.10 (CP: 8.10) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| International Game Technology $24.56 | O:IGT 18A25.00D19 | Jan. 25.00 | 1.85 | $11,482.00 | 25.41% | 22.51% | 6.46% |
Still Recommended
| Name | Action |
|---|---|
| Teladoc Inc. (TDOC) - 32.65 | Sell the January 35.00 Calls. |
| Avis Budget Group, Inc. (CAR) - 38.29 | Sell the January 35.00 Calls. |
| The Chemours Company (CC) - 50.41 | Sell the January 55.00 Calls. |
| RH (RH) - 71.10 | Sell the March 75.00 Calls. |
| Servicenow Inc (NOW) - 116.65 | Sell the January 120.00 Calls. |
| LGI Homes, Inc (LGIH) - 47.86 | Sell the March 50.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Tempur Sealy International Inc. ( TPX - 63.75 ) | January 65.00 covered write. |
