Nasdaq Dorsey Wright

Daily Option Ideas

Published: December 11, 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: Marvell Technologies Group (MRVL); Put: Netease.com Inc (NTES); Covered Write: Regions Financial Corporation (RF).

Daily Option Ideas for December 11, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Marvell Technology Group Ltd. - $42.94	O: 21E42.00D21	Buy the May 42.00 calls at 5.65	39.00

Follow Ups

Name	Option	Action
Fastenal Company ( FAST)	Feb. 42.50 Calls	Initiate an option stop loss of 5.20 (CP: 7.20)
Centene Corporation ( CNC)	Mar. 62.50 Calls	Stopped at 61.00 (CP: 60.91)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Netease.com Inc. (China) ADR - $88.26	O: 21O89.00D19	Buy the March 89.00 puts at 7.70	92.00

Follow Up

Name	Option	Action
Activision Blizzard, Inc. (ATVI)	Mar. 80.00 Puts	Stopped at 84.00 (CP: 83.58)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Regions Financial Corporation $15.85	O: 21B16.00D19	Feb. 16.00	0.85	$7,421.90	35.16%	24.10%	4.42%

Still Recommended

Name	Action
Marathon Petroleum Corp. (MPC) - 43.83	Sell the April 45.00 Calls.
JD.COM INC (JD) - 81.71	Sell the March 90.00 Calls.
Phillips-Van Heusen Corporation (PVH) - 94.64	Sell the March 90.00 Calls.
Comerica Incorporated (CMA) - 53.06	Sell the April 57.50 Calls.
Ventas, Inc. (VTR) - 48.83	Sell the February 50.00 Calls.
Delta Air Lines Inc. (DAL) - 42.62	Sell the March 45.00 Calls.
General Motors (GM) - 42.87	Sell the March 45.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
LM Ericsson Telephone Company (Sweden) ADR ( ERIC - 12.27 )	April 13.00 covered write.

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