Nasdaq Dorsey Wright

Daily Option Ideas

Published: November 17, 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: Dow, Inc. (DOW), Put: Johnson & Johnson (JNJ), Covered Write: Truist Financial (TFC)

Daily Option Ideas for November 17, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Dow, Inc. - $54.48	DOW2119C50	Buy the March 50.00 calls at 6.80	50.00

Follow Ups

Name	Option	Action
International Paper Company ( IP)	Jan. 45.00 Calls	Raise the option stop loss to 3.80 (CP: 5.80)
Freeport-McMoRan Inc. ( FCX)	Jan. 16.00 Calls	Raise the option stop loss to 3.20 (CP: 5.20)
T-Mobile US Inc. ( TMUS)	Jan. 115.00 Calls	Raise the option stop loss to 13.30 (CP: 15.30)
Viacom CBS Inc. ( VIAC)	Jan. 26.00 Calls	Raise the option stop loss to 4.35 (CP: 6.35)
United Parcel Service, Inc. ( UPS)	Apr. 160.00 Calls	Raise the option stop loss to 15.35 (CP: 17.35)
NIKE, Inc. ( NKE)	Mar. 125.00 Calls	Initiate an option stop loss of 11.25 (CP: 13.25)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Johnson & Johnson - $149.35	JNJ2119O155	Buy the March 155.00 puts at 12.55	158.00

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
Truist Financial Corp $48.57	TFC2119C50	Mar. 50.00	3.10	$22,791.35	25.83%	16.98%	5.37%

Still Recommended

Name	Action
The Chemours Company (CC) - 23.15	Sell the January 23.00 Calls.
L Brands Inc. (LB) - 34.76	Sell the January 35.00 Calls.
The Gap, Inc. (GPS) - 24.16	Sell the January 23.00 Calls.
Bank of America (BAC) - 27.58	Sell the February 28.00 Calls.
Synchrony Financial (SYF) - 31.11	Sell the March 31.00 Calls.
Sysco Corporation (SYY) - 74.97	Sell the February 75.00 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
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