Call: Stone Co (STNE); Put: Dominion Energy (D); Covered Write: Walt Disney (DIS).
Daily Option Ideas for September 1, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| StoneCo Ltd. Class A - $52.81 | O: 21A50.00D15 | Buy the January 50.00 calls at 9.20 | 48.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Fastenal Company ( FAST) | Nov. 40.00 Calls | Raise the option stop loss to 7.80 (CP: 9.80) |
| CSX Corporation ( CSX) | Nov. 65.00 Calls | Raise the option stop loss to 11.90 (CP: 13.90) |
| Boston Scientific Corporation ( BSX) | Nov. 35.00 Calls | Raise the option stop loss to 5.15 (CP: 7.15) |
| NIKE, Inc. ( NKE) | Jan. 105.00 Calls | Raise the option stop loss to 12.95 (CP: 14.95) |
| PTC Inc ( PTC) | Jan. 87.50 Calls | Initiate an option stop loss of 11.00 (CP: 13.00) |
| Paypal Holdings Inc ( PYPL) | Nov. 200.00 Calls | Initiate a stock price stop of 0.00 (CP: 209.43) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Dominion Energy Inc. - $77.82 | O: 21M80.00D15 | Buy the January 80.00 puts at 7.40 | 83.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| ConocoPhillips (COP) | Nov. 45.00 Puts | Initiate an option stop loss of 6.80 (CP: 8.80) |
| Walgreens Boots Alliance Inc. (WBA) | Jan. 42.50 Puts | Initiate a stock price stop of 0.00 (CP: 36.72) |
| Gilead Sciences, Inc. (GILD) | Nov. 70.00 Puts | Raise the option stop loss to 4.80 (CP: 6.80) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| The Walt Disney Company $131.87 | O: 21A140.00D15 | Jan. 140.00 | 8.10 | $63,433.25 | 24.96% | 14.14% | 5.00% |
Still Recommended
| Name | Action |
|---|---|
| Wendy's Company (WEN) - 20.94 | Sell the November 22.00 Calls. |
| Teradyne, Inc. (TER) - 84.97 | Sell the January 97.50 Calls. |
| PulteGroup, Inc. (PHM) - 44.59 | Sell the January 50.00 Calls. |
| Qorvo Inc. (QRVO) - 128.27 | Sell the November 135.00 Calls. |
| Bank of America (BAC) - 25.74 | Sell the December 27.00 Calls. |
| Canadian Natural Resources Ltd. (CNQ) - 19.67 | Sell the December 21.00 Calls. |
| Ally Financial Inc. (ALLY) - 22.88 | Sell the December 24.00 Calls. |
| Microchip Technology Incorporated (MCHP) - 109.70 | Sell the November 115.00 Calls. |
| Aptiv PLC (APTV) - 86.12 | Sell the November 87.50 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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