Daily Option Ideas | Nasdaq Dorsey Wright

Daily Option Ideas

Published: November 13, 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: Abbott Laboratories (ABT); Put: Activision Blizzard (ATVI); Covered Write: Synchrony Financial (SYF).

Daily Option Ideas for November 13, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Abbott Laboratories - $112.58	O: 21C110.00D19	Buy the March 110.00 calls at 8.35	102.00

Follow Ups

Name	Option	Action
Freeport-McMoRan Inc. ( FCX)	Jan. 16.00 Calls	Raise the option stop loss to 2.45 (CP: 4.45)
T-Mobile US Inc. ( TMUS)	Jan. 115.00 Calls	Raise the option stop loss to 12.75 (CP: 14.75)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Activision Blizzard, Inc. - $77.55	O: 21O80.00D19	Buy the March 80.00 puts at 7.70	84.00

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
Synchrony Financial $29.11	O: 21C31.00D19	Mar. 31.00	2.50	$13,922.60	29.70%	22.63%	7.24%

Still Recommended

Name	Action
The Chemours Company (CC) - 21.68	Sell the January 23.00 Calls.
L Brands Inc. (LB) - 33.06	Sell the January 35.00 Calls.
The Gap, Inc. (GPS) - 21.73	Sell the January 23.00 Calls.
Bank of America (BAC) - 26.69	Sell the February 28.00 Calls.
Viacom CBS Inc. (VIAC) - 29.25	Sell the March 31.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

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