Call: Etsy, Inc. (ETSY), Put: International Business Machines (IBM), Covered Write: The TJX Companies (TJX)
Daily Option Ideas for December 3, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Etsy Inc - $154.74 | ETSY2119C150 | Buy the March 150.00 calls at 21.90 | 148.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| CSX Corporation ( CSX) | Jan. 77.50 Calls | Stopped at 13.45 (CP: 13.20) |
| Freeport-McMoRan Inc. ( FCX) | Jan. 16.00 Calls | Raise the option stop loss to 6.35 (CP: 8.35) |
| Viacom CBS Inc. ( VIAC) | Jan. 26.00 Calls | Raise the option stop loss to 8.35 (CP: 10.35) |
| NIKE, Inc. ( NKE) | Mar. 125.00 Calls | Raise the option stop loss to 13.85 (CP: 15.85) |
| IntercontinentalExchange Inc. ( ICE) | Mar. 100.00 Calls | Raise the option stop loss to 7.80 (CP: 9.80) |
| Royal Caribbean Cruises Ltd. ( RCL) | Mar. 75.00 Calls | Initiate an option stop loss of 14.75 (CP: 16.75) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| International Business Machines Corp. - $123.61 | IBM2119O125 | Buy the March 125.00 puts at 8.45 | 136.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Electronic Arts Inc. (EA) | Jan. 125.00 Puts | Stopped at 130.00 (CP: 129.36) |
| HSBC Holding PLC (United Kingdom) ADR (HSBC) | Mar. 26.00 Puts | Stopped at 28.00 (CP: 28.32) |
| Electronic Arts Inc. (EA) | Mar. 130.00 Puts | Stopped at 130.00 (CP: 129.36) |
Covered Writes
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. $65.00 | TJX2116D67.5 | Apr. 67.50 | 4.40 | $31,106.55 | 20.26% | 16.19% | 5.61% |
Still Recommended
| Name | Action |
|---|---|
| The Chemours Company (CC) - 25.50 | Sell the April 24.00 Calls. |
| OneMain Holdings Inc. (OMF) - 40.36 | Sell the February 40.00 Calls. |
| Marathon Petroleum Corp. (MPC) - 40.58 | Sell the April 45.00 Calls. |
| JD.COM INC (JD) - 84.38 | Sell the March 90.00 Calls. |
| LM Ericsson Telephone Company (Sweden) ADR (ERIC) - 12.25 | Sell the April 13.00 Calls. |
| Welltower Inc. (WELL) - 62.48 | Sell the March 65.00 Calls. |
| Phillips-Van Heusen Corporation (PVH) - 83.29 | Sell the March 90.00 Calls. |
| Chevron Corporation (CVX) - 89.87 | Sell the March 92.50 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| QUALCOMM Incorporated ( QCOM - 149.98 ) | March 150.00 covered write. |
