Nasdaq Dorsey Wright

Daily Option Ideas

Published: March 10, 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: Fiserv (FISV), Put: Unilever (UL), Covered Write: L Brands (LB)

Daily Option Ideas for March 10, 2021

New Recommendations

Name	Option Symbol	Action	Stop Loss
Fiserv, Inc. - $123.86	FISV2118F115	Buy the June 115.00 calls at 13.55	106.00

Follow Ups

Name	Option	Action
Bank of America ( BAC)	Jun. 30.00 Calls	Raise the option stop loss to 5.70 (CP: 7.70)
Comcast Corporation ( CMCSA)	Jun. 50.00 Calls	Initiate an option stop loss of 5.90 (CP: 7.90)
Discover Financial Services ( DFS)	Apr. 95.00 Calls	Initiate an option stop loss of 5.50 (CP: 7.50)
General Motors ( GM)	Jun. 50.00 Calls	Initiate an option stop loss of 7.35 (CP: 9.35)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Unilever PLC (United Kingdom) ADR - $54.83	UL2120T57.5	Buy the August 57.50 puts at 5.80	62.00

Follow Up

Name	Option	Action
iQIYI, Inc. Sponsored ADR Class A (IQ)	Jun. 27.50 Puts	Stopped at 27.00 (CP: 27.83)
Walmart Inc. (WMT)	May. 140.00 Puts	Stopped at 13.30 (CP: 11.45)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
L Brands Inc. $54.51	LB2120H55	Aug. 55.00	8.40	$23,490.75	35.61%	37.03%	14.19%

Still Recommended

Name	Action
Micron Technology, Inc. (MU) - 89.30	Sell the May 90.00 Calls.
General Motors (GM) - 54.65	Sell the June 55.00 Calls.
Alcoa Inc. (AA) - 29.94	Sell the July 30.00 Calls.
Ladder Capital Corp (LADR) - 11.57	Sell the August 12.50 Calls.
Halliburton Company (HAL) - 23.47	Sell the July 25.00 Calls.
MGM Resorts International (MGM) - 37.48	Sell the June 40.00 Calls.
The Gap, Inc. (GPS) - 28.99	Sell the June 30.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
First Horizon Corp. ( FHN - 16.69 )	August 18.00 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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