Nasdaq Dorsey Wright

Daily Option Ideas

Published: December 31, 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: Expedia (EXPE), Put: Genuine Parts Company (GPC), Covered Write: General Motors (GM)

Daily Option Ideas for December 31, 2020

New Recommendations

Name	Option Symbol	Action	Stop Loss
Expedia Group Inc. - $132.56	EXPE2116D130	Buy the May 130.00 calls at 15.70	120.00

Follow Ups

Name	Option	Action
Johnson Controls International PLC ( JCI)	Jan. 42.00 Calls	Stopped at 2.70 (CP: 2.50)
Monster Beverage Corp. ( MNST)	Mar. 85.00 Calls	Raise the option stop loss to 7.30 (CP: 9.30)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Genuine Parts Company - $100.25	GPC2119N105	Buy the March 0.00 puts at 7.10	106.00

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
General Motors $41.84	GM2118F45	Jul. 45.00	3.15	$19,453.80	31.51%	15.00%	6.49%

Still Recommended

Name	Action
Marathon Petroleum Corp. (MPC) - 41.57	Sell the May 45.00 Calls.
Phillips-Van Heusen Corporation (PVH) - 95.52	Sell the March 90.00 Calls.
Comerica Incorporated (CMA) - 55.74	Sell the May 57.50 Calls.
American International Group, Inc. (AIG) - 37.52	Sell the May 40.00 Calls.
L Brands Inc. (LB) - 38.03	Sell the May 40.00 Calls.
Synovus Financial Corp. (SNV) - 32.39	Sell the March 32.00 Calls.
Citizens Financial Group Inc (CFG) - 35.40	Sell the March 35.00 Calls.
Snap Inc (SNAP) - 49.35	Sell the March 55.00 Calls.
Ballard Power Systems, Inc. (BLDP) - 23.56	Sell the March 24.00 Calls.
Kimco Realty Corporation (KIM) - 14.80	Sell the May 15.00 Calls.
Freeport-McMoRan Inc. (FCX) - 26.53	Sell the May 26.00 Calls.
Sysco Corporation (SYY) - 73.29	Sell the May 75.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

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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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