Call: MSCI, Inc. (MSCI), Put: Delta Air Lines (DAL), Covered Write: NetApp, Inc. (NTAP)
Daily Option Ideas for April 27, 2018
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| MSCI Inc. - $150.14 | O:MSCI 18F140.00D15 | Buy the June 140.00 calls at 12.60 | 140.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Chevron Corporation ( CVX) | Jun. 115.00 Calls | Raise the option stop loss to 9.80 (CP: 11.80) |
| E*trade Group, Inc. ( ETFC) | Jul. 50.00 Calls | Raise the option stop loss to 9.60 (CP: 11.60) |
| The Charles Schwab Corporation ( SCHW) | Sep. 50.00 Calls | Raise the option stop loss to 5.70 (CP: 7.70) |
| Halliburton Company ( HAL) | Oct. 45.00 Calls | Raise the option stop loss to 6.95 (CP: 8.95) |
| V.F. Corporation ( VFC) | Aug. 72.50 Calls | Raise the option stop loss to 7.60 (CP: 9.60) |
| The TJX Companies, Inc. ( TJX) | Jul. 75.00 Calls | Raise the stock price stop loss to 79.00 (CP: 86.29) |
| UnitedHealth Group Incorporated ( UNH) | Jun. 220.00 Calls | Raise the option stop loss to 18.85 (CP: 20.85) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Delta Air Lines Inc. - $53.48 | O:DAL 18S57.50D20 | Buy the July 57.50 puts at 5.15 | 58.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Expedia Group Inc. (EXPE) | Jul. 115.00 Puts | Stopped at 116.00 (CP: 115.00) |
| Acuity Brands, Inc. (AYI) | Aug. 135.00 Puts | Raise the option stop loss to 14.00 (CP: 16.00) |
| Nordstrom, Inc. (JWN) | Jul. 52.50 Puts | Stopped at 51.00 (CP: 51.20) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| NetApp, Inc. $67.46 | O:NTAP 18I70.00D21 | Sep. 70.00 | 67.47 | $32,018.10 | 20.51% | 13.31% | 5.09% |
Still Recommended
| Name | Action |
|---|---|
| Avis Budget Group, Inc. (CAR) - 48.56 | Sell the August 52.50 Calls. |
| Deckers Outdoor Corporation (DECK) - 92.06 | Sell the September 97.50 Calls. |
| Take-Two Interactive Software, Inc. (TTWO) - 99.19 | Sell the September 100.00 Calls. |
| Lam Research Corporation (LRCX) - 190.40 | Sell the August 195.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| First Solar, Inc. ( FSLR - 75.08 ) | September 75.00 covered write. |
| First Solar, Inc. ( FSLR - 75.08 ) | September 75.50 covered write. |
| Alcoa Inc. ( AA - 52.94 ) | October 60.00 covered write. |
