Call: Apple (AAPL), Put: Lennar Corp (LEN), Covered Write: Phillips-Van Heusen Corp (PVH)
Daily Option Ideas for December 1, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Apple Inc. - $122.72 | AAPL2116D120 | Buy the April 120.00 calls at 12.35 | 112.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Freeport-McMoRan Inc. ( FCX) | Jan. 16.00 Calls | Raise the option stop loss to 5.65 (CP: 7.65) |
| T-Mobile US Inc. ( TMUS) | Jan. 115.00 Calls | Raise the option stop loss to 16.25 (CP: 18.25) |
| Viacom CBS Inc. ( VIAC) | Jan. 26.00 Calls | Raise the option stop loss to 8.30 (CP: 10.30) |
| Texas Instruments Incorporated ( TXN) | Mar. 145.00 Calls | Raise the option stop loss to 19.15 (CP: 21.15) |
| IntercontinentalExchange Inc. ( ICE) | Mar. 100.00 Calls | Raise the option stop loss to 7.50 (CP: 9.50) |
| QUALCOMM Incorporated ( QCOM) | Mar. 140.00 Calls | Initiate a stock price stop of 16.15 (CP: 151.00) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Lennar Corporation - $73.23 | LEN2119N75 | Buy the February 75.00 puts at 7.20 | 79.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Johnson & Johnson (JNJ) | Mar. 155.00 Puts | Stopped at 12.40 (CP: 11.60) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Phillips-Van Heusen Corporation $79.49 | PVH2119C90 | Mar. 90.00 | 6.80 | $37,943.00 | 59.21% | 26.34% | 7.23% |
Still Recommended
| Name | Action |
|---|---|
| QUALCOMM Incorporated (QCOM) - 147.17 | Sell the March 150.00 Calls. |
| The Chemours Company (CC) - 24.33 | Sell the April 24.00 Calls. |
| OneMain Holdings Inc. (OMF) - 38.99 | Sell the February 40.00 Calls. |
| Marathon Petroleum Corp. (MPC) - 38.88 | Sell the April 45.00 Calls. |
| JD.COM INC (JD) - 85.35 | Sell the March 90.00 Calls. |
| LM Ericsson Telephone Company (Sweden) ADR (ERIC) - 12.24 | Sell the April 13.00 Calls. |
| Welltower Inc. (WELL) - 62.98 | Sell the March 65.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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