Nasdaq Dorsey Wright

Daily Option Ideas

Published: October 21, 2020

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Call: Electronic Arts (EA), Put: Tyson Foods (TSN), Covered Write: General Motors (GM)

Daily Option Ideas for October 21, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Electronic Arts Inc. - $127.65	EA2115A120	Buy the January 120.00 calls at 13.85	122.00

Follow Ups

Name	Option	Action
Astrazeneca Group PLC Ads (United Kingdom) ADR ( AZN)	Jan. 55.00 Calls	Stopped at 51.00 (CP: 51.81)
D.R. Horton, Inc. ( DHI)	Feb. 70.00 Calls	Stopped at 74.00 (CP: 73.82)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Tyson Foods, Inc. - $59.17	TSN2115M65	Buy the January 65.00 puts at 8.45	62.00

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
General Motors $35.60	GM2115A37	Jan. 37.00	2.64	$16,757.05	39.62%	28.57%	6.31%

Still Recommended

Name	Action
Dynatrace, Inc. (DT) - 43.16	Sell the December 45.00 Calls.
The Chemours Company (CC) - 22.59	Sell the January 23.00 Calls.
Synchrony Financial (SYF) - 27.61	Sell the January 28.00 Calls.
Twitter, Inc (TWTR) - 46.35	Sell the January 47.00 Calls.
L Brands Inc. (LB) - 33.06	Sell the January 35.00 Calls.
Builders FirstSource, Inc. (BLDR) - 33.67	Sell the January 34.00 Calls.
Dow, Inc. (DOW) - 49.34	Sell the January 50.00 Calls.
Williams Companies Inc. (WMB) - 19.69	Sell the January 20.00 Calls.
Phillips-Van Heusen Corporation (PVH) - 61.59	Sell the January 65.00 Calls.
Fifth Third Bancorp (FITB) - 23.75	Sell the February 24.00 Calls.
LyondellBasell Industries NV (LYB) - 77.83	Sell the January 80.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
D.R. Horton, Inc. ( DHI - 76.52 )	January 80.00 covered write.

Back to report

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.

Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
Copyright © 1995-{ENDYEAR} Dorsey, Wright & Associates, LLC.®
All quotes displayed are delayed 20 minutes
Disclaimer/Terms of Use/Copyright