Nasdaq Dorsey Wright

Daily Option Ideas

Published: November 19, 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: Fiserv (FISV), Put: CF Industries (CF), Covered Write: The TJX Companies (TJX)

Daily Option Ideas for November 19, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Fiserv, Inc. - $113.02	FISV2119C105	Buy the March 105.00 calls at 13.50	104.00

Follow Ups

Name	Option	Action
Builders FirstSource, Inc. ( BLDR)	Jan. 31.00 Calls	Raise the option stop loss to 4.20 (CP: 6.20)
Freeport-McMoRan Inc. ( FCX)	Jan. 16.00 Calls	Raise the option stop loss to 3.25 (CP: 5.25)
L Brands Inc. ( LB)	Jan. 27.50 Calls	Initiate an option stop loss of 10.00 (CP: 12.00)
T-Mobile US Inc. ( TMUS)	Jan. 115.00 Calls	Raise the option stop loss to 13.45 (CP: 15.45)
Viacom CBS Inc. ( VIAC)	Jan. 26.00 Calls	Raise the option stop loss to 4.95 (CP: 6.95)
The Gap, Inc. ( GPS)	Jan. 20.00 Calls	Initiate an option stop loss of 3.15 (CP: 5.15)

New Recommendations

Name	Option Symbol	Action	Stop Loss
CF Industries Holdings, Inc. - $32.15	CF2119N35	Buy the February 35.00 puts at 4.60	36.00

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
The TJX Companies, Inc. $62.28	TJX2116D65	Apr. 65.00	3.50	$29,350.25	23.88%	11.97%	4.63%

Still Recommended

Name	Action
The Chemours Company (CC) - 23.43	Sell the January 23.00 Calls.
L Brands Inc. (LB) - 33.61	Sell the January 35.00 Calls.
The Gap, Inc. (GPS) - 23.67	Sell the January 23.00 Calls.
Synchrony Financial (SYF) - 30.08	Sell the March 31.00 Calls.
Sysco Corporation (SYY) - 71.68	Sell the February 75.00 Calls.
Truist Financial Corp (TFC) - 47.45	Sell the March 50.00 Calls.
QUALCOMM Incorporated (QCOM) - 147.05	Sell the March 150.00 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.

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