Call: T-Mobile (US); Put: 3M Company (MMM); Covered Write: Uniti Group Inc (UNIT).
Daily Option Ideas for January 11, 2021
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| T-Mobile US Inc. - $132.93 | O: 21E130.00D21 | Buy the May 130.00 calls at 11.40 | 124.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Dow, Inc. ( DOW) | Mar. 50.00 Calls | Raise the option stop loss to 7.55 (CP: 9.55) |
| Marvell Technology Group Ltd. ( MRVL) | May. 42.00 Calls | Raise the option stop loss to 7.90 (CP: 9.90) |
| Analog Devices, Inc. ( ADI) | Mar. 140.00 Calls | Raise the option stop loss to 17.80 (CP: 19.80) |
| QUALCOMM Incorporated ( QCOM) | Mar. 140.00 Calls | Raise the option stop loss to 17.70 (CP: 19.70) |
| Target Corporation ( TGT) | Apr. 170.00 Calls | Raise the option stop loss to 26.35 (CP: 28.35) |
| L Brands Inc. ( LB) | May. 37.00 Calls | Raise the option stop loss to 10.10 (CP: 12.10) |
| ConocoPhillips ( COP) | May. 40.00 Calls | Raise the option stop loss to 5.40 (CP: 7.40) |
| Lowe's Companies, Inc. ( LOW) | Mar. 155.00 Calls | Initiate an option stop loss of 13.35 (CP: 15.35) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| 3M Company - $165.20 | O: 21O170.00D19 | Buy the March 170.00 puts at 10.90 | 178.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Kellogg Company (K) | Mar. 65.00 Puts | Initiate a stock price stop of 0.00 (CP: 59.37) |
| Digital Realty Trust, Inc. (DLR) | Apr. 140.00 Puts | Raise the option stop loss to 11.00 (CP: 13.00) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Uniti Group Inc $11.83 | O: 21E12.00D21 | May. 12.00 | 1.15 | $5,394.80 | 28.42% | 26.55% | 8.64% |
Still Recommended
| Name | Action |
|---|---|
| Marathon Petroleum Corp. (MPC) - 43.18 | Sell the April 45.00 Calls. |
| Snap Inc (SNAP) - 52.73 | Sell the February 55.00 Calls. |
| General Motors (GM) - 43.06 | Sell the June 45.00 Calls. |
| Marvell Technology Group Ltd. (MRVL) - 49.08 | Sell the May 50.00 Calls. |
| Western Digital Corporation (WDC) - 51.82 | Sell the April 55.00 Calls. |
| Kohl's Corporation (KSS) - 41.61 | Sell the April 42.50 Calls. |
| MGM Resorts International (MGM) - 31.36 | Sell the June 35.00 Calls. |
| Uber Technologies, Inc. (UBER) - 53.28 | Sell the March 55.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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