Call: Johnson Controls International (JCI); Put: Gilead Sciences (GILD), Covered Write: Williams Companies (WMB).
Daily Option Ideas for November 5, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Johnson Controls International PLC - $43.48 | O: 21D43.00D16 | Buy the April 43.00 calls at 3.80 | 39.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Hanesbrands, Inc. ( HBI) | Jan. 15.00 Calls | Stopped at 13.00 (CP: 13.31) |
| Builders FirstSource, Inc. ( BLDR) | Jan. 31.00 Calls | Initiate an option stop loss of 3.10 (CP: 5.10) |
| Abbott Laboratories ( ABT) | Jan. 100.00 Calls | Initiate an option stop loss of 12.70 (CP: 14.70) |
| JD.COM INC ( JD) | Mar. 80.00 Calls | Raise the option stop loss to 14.25 (CP: 16.25) |
| Applied Materials, Inc. ( AMAT) | Jan. 57.50 Calls | Raise the option stop loss to 11.20 (CP: 13.20) |
| Target Corporation ( TGT) | Jan. 145.00 Calls | Raise the option stop loss to 14.45 (CP: 16.45) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Gilead Sciences, Inc. - $59.63 | O: 21N60.00D19 | Buy the February 60.00 puts at 4.55 | 64.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Capital One Financial Corporation (COF) | Jan. 80.00 Puts | Stopped at 75.00 (CP: 78.54) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Williams Companies Inc. $19.09 | O: 21B20.00D19 | Feb. 20.00 | 0.94 | $9,085.00 | 34.68% | 17.81% | 4.92% |
Still Recommended
| Name | Action |
|---|---|
| The Chemours Company (CC) - 21.33 | Sell the January 23.00 Calls. |
| L Brands Inc. (LB) - 33.70 | Sell the January 35.00 Calls. |
| Phillips-Van Heusen Corporation (PVH) - 61.08 | Sell the January 65.00 Calls. |
| General Motors (GM) - 35.24 | Sell the January 37.00 Calls. |
| QUALCOMM Incorporated (QCOM) - 128.97 | Sell the January 130.00 Calls. |
| Big Lots, Inc. (BIG) - 48.60 | Sell the January 52.50 Calls. |
| The Gap, Inc. (GPS) - 20.93 | Sell the January 23.00 Calls. |
| Steel Dynamics Inc. (STLD) - 30.76 | Sell the February 32.00 Calls. |
| Ryder System, Inc. (R) - 51.27 | Sell the February 52.50 Calls. |
| Discover Financial Services (DFS) - 67.87 | Sell the January 70.00 Calls. |
| Newmont Corp (NEM) - 65.08 | Sell the March 70.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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