Call: T-Mobile (TMUS), Put: Equity Residential (EQR), Covered Write: Lowe's Companies (LOW)
Daily Option Ideas for October 15, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| T-Mobile US Inc. - $115.30 | TMUS2115A115 | Buy the January 115.00 calls at 8.20 | 102.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Crocs, Inc. ( CROX) | Dec. 37.00 Calls | Raise the option stop loss to 11.20 (CP: 13.20) |
| Crocs, Inc. ( CROX) | Dec. 39.00 Calls | Raise the option stop loss to 11.20 (CP: 13.20) |
| Marvell Technology Group Ltd. ( MRVL) | Jan. 38.00 Calls | Stopped at 6.30 (CP: 6.20) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Equity Residential - $52.31 | EQR2115M55 | Buy the January 55.00 puts at 5.80 | 57.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Walgreens Boots Alliance Inc. (WBA) | Jan. 42.50 Puts | Stopped at 6.40 (CP: 6.05) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Lowe's Companies, Inc. $173.61 | LOW2115A180 | Jan. 180.00 | 9.10 | $84,451.25 | 21.93% | 17.02% | 4.11% |
Still Recommended
| Name | Action |
|---|---|
| Dynatrace, Inc. (DT) - 43.71 | Sell the December 45.00 Calls. |
| The Chemours Company (CC) - 22.96 | Sell the January 23.00 Calls. |
| Snap Inc (SNAP) - 27.32 | Sell the January 25.00 Calls. |
| Synchrony Financial (SYF) - 28.67 | Sell the January 28.00 Calls. |
| Twitter, Inc (TWTR) - 45.98 | Sell the January 47.00 Calls. |
| L Brands Inc. (LB) - 31.98 | Sell the January 35.00 Calls. |
| D.R. Horton, Inc. (DHI) - 78.27 | Sell the January 80.00 Calls. |
| Builders FirstSource, Inc. (BLDR) - 33.91 | Sell the January 34.00 Calls. |
| Dow, Inc. (DOW) - 48.83 | Sell the January 50.00 Calls. |
| Williams Companies Inc. (WMB) - 19.68 | Sell the January 20.00 Calls. |
| CSX Corporation (CSX) - 80.47 | Sell the January 82.50 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| VICI Properties Inc ( VICI - 23.68 ) | March 25.00 covered write. |
| eBay Inc. ( EBAY - 56.46 ) | January 60.00 covered write. |
