Nasdaq Dorsey Wright

Call: ConocoPhillips (COP), Put: Newell Brands (NWL), Covered Write: The Walt Disney Company (DIS)

Daily Option Ideas for May 28, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
ConocoPhillips - $43.01	COP2021H40	Buy the August 40.00 calls at 5.95	37.00

Follow Ups

Name	Option	Action
The Walt Disney Company ( DIS)	Sep. 105.00 Calls	Stopped at 18.30 (CP: 16.60)
Electronic Arts Inc. ( EA)	Sep. 115.00 Calls	Initiate an option stop loss of 13.45 (CP: 15.45)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Newell Brands Inc. - $13.58	NWL2018U15	Buy the September 15.00 puts at 2.55	15.00

Follow Up

Name	Option	Action
No Follow Ups

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
The Walt Disney Company $121.53	DIS2018I120	Sep. 120.00	7.65	$55,172.00	24.85%	18.75%	5.49%

Still Recommended

Name	Action
Micron Technology, Inc. (MU) - 49.45	Sell the October 50.00 Calls.
Chevron Corporation (CVX) - 93.90	Sell the September 95.00 Calls.
Intel Corporation (INTC) - 63.56	Sell the September 65.00 Calls.
J.P. Morgan Chase & Co. (JPM) - 101.37	Sell the September 105.00 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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