Option Ideas: Call - Seagate Technology (STX), Put - The Walt Disney Company (DIS), Covered Write - Boyd Gaming Corp (BYD).
Daily Option Ideas for April 18, 2018
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Seagate Technology - $62.11 | O:STX 18I60.00D21 | Buy the September 60.00 calls at 7.20 | 56.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Chevron Corporation ( CVX) | Jun. 115.00 Calls | Raise the option stop loss to 7.75 (CP: 9.75) |
| Textron Inc. ( TXT) | Jun. 55.00 Calls | Initiate an option stop loss of 7.45 (CP: 9.45) |
| Total System Services Inc ( TSS) | Aug. 80.00 Calls | Raise the option stop loss to 8.10 (CP: 10.10) |
| Halliburton Company ( HAL) | Oct. 45.00 Calls | Raise the option stop loss to 6.40 (CP: 8.40) |
| NetApp, Inc. ( NTAP) | Sep. 60.00 Calls | Raise the option stop loss to 9.40 (CP: 11.40) |
| IntercontinentalExchange Inc. ( ICE) | Sep. 67.50 Calls | Raise the option stop loss to 6.60 (CP: 8.60) |
| Costco Wholesale Corporation ( COST) | Jun. 180.00 Calls | Raise the option stop loss to 16.20 (CP: 18.20) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| The Walt Disney Company - $101.21 | O:DIS 18U105.00D21 | Buy the September 105.00 puts at 7.25 | 114.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Mondelez International Inc. (MDLZ) | Jun. 47.00 Puts | Stopped at 4.65 (CP: 4.00) |
| Noble Energy Inc. (NBL) | May. 32.50 Puts | Stopped at 34.00 (CP: 33.62) |
| L Brands Inc. (LB) | May. 45.00 Puts | Raise the option stop loss to 8.80 (CP: 8.80) |
| PACCAR Inc. (PCAR) | Aug. 67.50 Puts | Stopped at 71.00 (CP: 70.88) |
| FMC Corporation (FMC) | Oct. 80.00 Puts | Stopped at 82.00 (CP: 82.74) |
| PACCAR Inc. (PCAR) | Aug. 70.00 Puts | Stopped at 71.00 (CP: 70.88) |
| Schlumberger Limited (SLB) | Aug. 70.00 Puts | Stopped at 70.00 (CP: 70.34) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Boyd Gaming Corp $34.40 | O:BYD 18I37.00D21 | Sep. 37.00 | 2.20 | $16,606.20 | 24.21% | 12.88% | 5.22% |
Still Recommended
| Name | Action |
|---|---|
| First Solar, Inc. (FSLR) - 72.68 | Sell the September 75.00 Calls. |
| Urban Outfitters, Inc. (URBN) - 39.36 | Sell the September 39.00 Calls. |
| Avis Budget Group, Inc. (CAR) - 47.58 | Sell the August 52.50 Calls. |
| Aaron's, Inc. (AAN) - 48.24 | Sell the August 50.00 Calls. |
| Deckers Outdoor Corporation (DECK) - 94.67 | Sell the September 97.50 Calls. |
| First Solar, Inc. (FSLR) - 72.68 | Sell the September 75.50 Calls. |
| Michael Kors Holdings Limited (KORS) - 66.84 | Sell the August 67.50 Calls. |
| Michael Kors Holdings Limited (KORS) - 66.84 | Sell the August 70.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Planet Fitness Inc ( PLNT - 40.47 ) | August 40.00 covered write. |
