Ca;;: Toll Brothers (TOL); Put: CIGNA Corporation (CI); Covered Write: VICI Properties (VICI).
Daily Option Ideas for October 12, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Toll Brothers, Inc. - $49.83 | O: 21A47.00D15 | Buy the January 47.00 calls at 6.90 | 46.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Crocs, Inc. ( CROX) | Dec. 37.00 Calls | Raise the option stop loss to 9.10 (CP: 11.10) |
| Apple Inc. ( AAPL) | Jan. 110.00 Calls | Initiate an option stop loss of 16.75 (CP: 18.75) |
| JD.COM INC ( JD) | Jan. 75.00 Calls | Raise the option stop loss to 11.30 (CP: 13.30) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| CIGNA Corporation - $177.46 | O: 21M180.00D15 | Buy the January 180.00 puts at 14.65 | 188.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
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Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| VICI Properties Inc $23.64 | O: 21C25.00D19 | Mar. 25.00 | 1.55 | $11,266.90 | 22.84% | 13.29% | 5.44% |
Still Recommended
| Name | Action |
|---|---|
| Dynatrace, Inc. (DT) - 43.05 | Sell the December 45.00 Calls. |
| The Chemours Company (CC) - 22.99 | Sell the January 23.00 Calls. |
| Snap Inc (SNAP) - 27.00 | Sell the January 25.00 Calls. |
| Synchrony Financial (SYF) - 28.84 | Sell the January 28.00 Calls. |
| Twitter, Inc (TWTR) - 45.90 | Sell the January 47.00 Calls. |
| L Brands Inc. (LB) - 32.26 | Sell the January 35.00 Calls. |
| D.R. Horton, Inc. (DHI) - 78.09 | Sell the January 80.00 Calls. |
| Builders FirstSource, Inc. (BLDR) - 34.00 | Sell the January 34.00 Calls. |
| Paypal Holdings Inc (PYPL) - 197.27 | Sell the January 200.00 Calls. |
| Dow, Inc. (DOW) - 49.36 | Sell the January 50.00 Calls. |
| Williams Companies Inc. (WMB) - 19.42 | Sell the January 20.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Apple Inc. ( AAPL - 116.97 ) | January 120.00 covered write. |
| Fiserv, Inc. ( FISV - 105.11 ) | January 105.00 covered write. |
