Call: International Paper (IP), Put: Digital Realty Trust (DLR), Covered Write: Sysco Corp (SYY)
Daily Option Ideas for December 30, 2020
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| International Paper Company - $49.64 | IP2116D47.5 | Buy the April 47.50 calls at 4.50 | 46.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Freeport-McMoRan Inc. ( FCX) | Jan. 16.00 Calls | Raise the option stop loss to 8.45 (CP: 10.45) |
| Johnson Controls International PLC ( JCI) | Jan. 42.00 Calls | Raise the option stop loss to 2.70 (CP: 4.20) |
| Apple Inc. ( AAPL) | Apr. 120.00 Calls | Stopped at 19.25 (CP: 18.55) |
| Monster Beverage Corp. ( MNST) | Mar. 85.00 Calls | Raise the option stop loss to 6.80 (CP: 8.80) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Digital Realty Trust, Inc. - $138.35 | DLR2116P140 | Buy the April 140.00 puts at 9.90 | 146.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Gilead Sciences, Inc. (GILD) | Mar. 60.00 Puts | Initiate a stock price stop of 62.00 (CP: 56.59) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Sysco Corporation $72.83 | SYY2121E75 | May. 75.00 | 5.50 | $34,288.95 | 21.32% | 17.66% | 6.43% |
Still Recommended
| Name | Action |
|---|---|
| Marathon Petroleum Corp. (MPC) - 40.73 | Sell the April 45.00 Calls. |
| Phillips-Van Heusen Corporation (PVH) - 93.44 | Sell the March 90.00 Calls. |
| Comerica Incorporated (CMA) - 55.22 | Sell the April 57.50 Calls. |
| American International Group, Inc. (AIG) - 37.16 | Sell the May 40.00 Calls. |
| L Brands Inc. (LB) - 37.59 | Sell the May 40.00 Calls. |
| Synovus Financial Corp. (SNV) - 31.78 | Sell the March 32.00 Calls. |
| Citizens Financial Group Inc (CFG) - 34.88 | Sell the March 35.00 Calls. |
| Snap Inc (SNAP) - 51.23 | Sell the March 55.00 Calls. |
| Ballard Power Systems, Inc. (BLDP) - 22.07 | Sell the March 24.00 Calls. |
| Kimco Realty Corporation (KIM) - 14.50 | Sell the April 15.00 Calls. |
| Freeport-McMoRan Inc. (FCX) - 24.74 | Sell the April 26.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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