Call: Cisco Systems (CSCO); Put: Newell Brands Inc (NWL); Covered Call: Five Below Inc. (FIVE)
Daily Option Ideas for May 16, 2019
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Cisco Systems, Inc. - $55.93 | O:CSCO 19H55.00D16 | Buy the August 55.00 calls at 3.10 | 51.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| T-Mobile US Inc. ( TMUS) | Jun. 65.00 Calls | Raise the option stop loss to 8.15 (CP: 10.15) |
| KB Home ( KBH) | Jul. 23.00 Calls | Initiate an option stop loss of 2.70 (CP: 4.70) |
| Fidelity National Information Services, ( FIS) | Jul. 110.00 Calls | Raise the option stop loss to 8.00 (CP: 10.00) |
| Sysco Corporation ( SYY) | Aug. 60.00 Calls | Raise the option stop loss to 12.60 (CP: 14.60) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Newell Brands Inc. - $15.54 | O:NWL 19U16.00D20 | Buy the September 16.00 puts at 1.90 | 17.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| AbbVie Inc. (ABBV) | Aug. 82.50 Puts | Stopped at 5.75 (CP: 5.75) |
| Big Lots, Inc. (BIG) | Jul. 45.00 Puts | Raise the option stop loss to 10.00 (CP: 12.00) |
| Nordstrom, Inc. (JWN) | Oct. 45.00 Puts | Raise the option stop loss to 7.15 (CP: 9.15) |
| Baidu, Inc. (China) ADR (BIDU) | Sep. 175.00 Puts | Stopped at 24.95 (CP: 23.80) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Five Below Inc $127.76 | O:FIVE 19H130.00D16 | Aug. 130.00 | 8.80 | $59,900.20 | 29.56% | 24.64% | 5.85% |
Still Recommended
| Name | Action |
|---|---|
| Liveramp Holdings Inc. (RAMP) - 55.74 | Sell the August 60.00 Calls. |
| Advanced Micro Devices, Inc. (AMD) - 27.58 | Sell the October 29.00 Calls. |
| Workday Inc. (WDAY) - 204.99 | Sell the September 210.00 Calls. |
| Twitter, Inc (TWTR) - 37.90 | Sell the September 40.00 Calls. |
| Iridium Communications, Inc. (IRDM) - 24.98 | Sell the October 28.00 Calls. |
| Okta Inc (OKTA) - 106.13 | Sell the August 110.00 Calls. |
| Wayfair Inc. (W) - 144.22 | Sell the August 155.00 Calls. |
| Twilio Inc (TWLO) - 135.45 | Sell the October 140.00 Calls. |
| Atlassian Corp. PLC (TEAM) - 126.08 | Sell the August 130.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| D.R. Horton, Inc. ( DHI - 44.05 ) | August 45.00 covered write. |
| Paycom Software Inc ( PAYC - 204.39 ) | August 210.00 covered write. |
