Nasdaq Dorsey Wright

Daily Option Ideas

Published: February 25, 2021

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: Micron Technology (MU), Put: Kellogg Company (K), Covered Write: Morgan Stanley (MS)

Daily Option Ideas for February 25, 2021

New Recommendations

Name	Option Symbol	Action	Stop Loss
Micron Technology, Inc. - $88.12	MU2118F85	Buy the June 85.00 calls at 11.95	82.00

Follow Ups

Name	Option	Action
CBRE Group, Inc. ( CBRE)	Mar. 60.00 Calls	Stopped at 15.30 (CP: 14.20)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Kellogg Company - $58.74	K2118R62.5	Buy the June 62.50 puts at 7.20	64.00

Follow Up

Name	Option	Action
Advanced Micro Devices, Inc. (AMD)	Jun. 92.50 Puts	Raise the option stop loss to 13.35 (CP: 15.35)
BP plc (United Kingdom) ADR (BP)	Jun. 24.00 Puts	Stopped at 26.00 (CP: 25.47)
Walmart Inc. (WMT)	May. 140.00 Puts	Initiate an option stop loss of 10.00 (CP: 12.00)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Morgan Stanley $79.88	MS2118F80	Jun. 80.00	5.15	$37,057.90	22.23%	18.80%	5.50%

Still Recommended

Name	Action
Cree Research Inc (CREE) - 118.26	Sell the June 125.00 Calls.
Synchrony Financial (SYF) - 40.22	Sell the June 40.00 Calls.
Micron Technology, Inc. (MU) - 92.52	Sell the May 90.00 Calls.
General Motors (GM) - 52.90	Sell the June 55.00 Calls.
Taiwan Semiconductor Manufacturing Co. (Taiwan) ADR (TSM) - 132.30	Sell the July 140.00 Calls.
Devon Energy Corporation (DVN) - 22.27	Sell the July 23.00 Calls.
Alcoa Inc. (AA) - 27.20	Sell the July 30.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
FireEye, Inc ( FEYE - 20.06 )	June 25.00 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.

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