Nasdaq Dorsey Wright

Call: Oracle Corp (ORCL), Put: International Business Machines (IBM), Covered Write: Comcast Corp (CMCSA)

Daily Option Ideas for May 19, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Oracle Corporation - $52.34	ORCL2018I50	Buy the September 50.00 calls at 5.30	46.00

Follow Ups

Name	Option	Action
Tractor Supply Company ( TSCO)	Jul. 85.00 Calls	Stopped at 25.10 (CP: 23.80)
McCormick & Company, Incorporated ( MKC)	Sep. 150.00 Calls	Stopped at 28.90 (CP: 26.10)
Best Buy Co., Inc. ( BBY)	Sep. 75.00 Calls	Stopped at 14.80 (CP: 14.10)
Bristol-Myers Squibb Company ( BMY)	Sep. 60.00 Calls	Lower the stock stop price to 59.00 (CP: 62.89)

New Recommendations

Name	Option Symbol	Action	Stop Loss
International Business Machines Corp. - $120.29	IBM2018U125	Buy the September 125.00 puts at 12.50	130.00

Follow Up

Name	Option	Action
Dollar Tree, Inc. (DLTR)	Aug. 85.00 Puts	Stopped at 81.00 (CP: 80.16)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Comcast Corporation $38.09	CMCSA2016J40	Oct. 40.00	2.13	$18,241.70	20.91%	11.52%	4.52%

Still Recommended

Name	Action
Copart Incorporated (CPRT) - 83.98	Sell the August 85.00 Calls.
Micron Technology, Inc. (MU) - 45.92	Sell the October 50.00 Calls.
Apollo Global Management Inc. (APO) - 43.51	Sell the September 45.00 Calls.
Chevron Corporation (CVX) - 92.55	Sell the September 95.00 Calls.
Electronic Arts Inc. (EA) - 117.12	Sell the September 120.00 Calls.
Newmont Corp (NEM) - 66.26	Sell the September 70.00 Calls.
Rent-A-Center, Inc. (RCII) - 24.86	Sell the September 25.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

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DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.

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