Nasdaq Dorsey Wright

Daily Option Ideas

Published: December 15, 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: QUALCOMM Inc (QCOM), Put: Jack Henry & Associates (JKHY), Covered Write: Mosaic Company (MOS)

Daily Option Ideas for December 15, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
QUALCOMM Incorporated - $148.36	QCOM2119C140	Buy the March 140.00 calls at 16.40	138.00

Follow Ups

Name	Option	Action
Weyerhaeuser Company ( WY)	Jan. 26.00 Calls	Initiate an option stop loss of 5.40 (CP: 7.40)
Viacom CBS Inc. ( VIAC)	Jan. 26.00 Calls	Stopped at 8.90 (CP: 8.85)
NIKE, Inc. ( NKE)	Apr. 130.00 Calls	Raise the option stop loss to 13.75 (CP: 15.70)
Apple Inc. ( AAPL)	Apr. 120.00 Calls	Initiate an option stop loss of 12.90 (CP: 14.90)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Jack Henry & Associates Inc - $158.60	JKHY2119O160	Buy the March 160.00 puts at 10.50	164.00

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
Mosaic Company $22.68	MOS2119C25	Mar. 25.00	1.52	$10,923.20	51.94%	22.64%	5.51%

Still Recommended

Name	Action
Marathon Petroleum Corp. (MPC) - 40.76	Sell the April 45.00 Calls.
Phillips-Van Heusen Corporation (PVH) - 93.60	Sell the March 90.00 Calls.
Comerica Incorporated (CMA) - 51.82	Sell the April 57.50 Calls.
Delta Air Lines Inc. (DAL) - 40.69	Sell the March 45.00 Calls.
General Motors (GM) - 41.62	Sell the March 45.00 Calls.
KeyCorp (KEY) - 15.43	Sell the March 16.00 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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