Call: Arbor Realty Trust (ABR); Put: Vertex Pharmaceuticals (VRTX); Covered Write: Antero Resources (AR).
Daily Option Ideas for June 29, 2021
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Arbor Realty Trust, Inc. - $18.07 | ABR2115J17.5 | Buy the October 17.50 calls at 1.30 | 16.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Microsoft Corporation ( MSFT) | Sep. 250.00 Calls | Raise the option stop loss to 22.65 (CP: 24.65) |
| Applied Materials, Inc. ( AMAT) | Oct. 135.00 Calls | Raise the option stop loss to 12.35 (CP: 14.35) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Vertex Pharmaceuticals Incorporated - $196.78 | VRTX2115V200 | Buy the October 200.00 puts at 15.50 | 224.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
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Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Antero Resources Corp $14.49 | AR2119K15 | Nov. 15.00 | 2.10 | $6,373.90 | 42.16% | 38.69% | 13.16% |
Still Recommended
| Name | Action |
|---|---|
| The Gap, Inc. (GPS) - 32.66 | Sell the September 38.00 Calls. |
| International Game Technology (IGT) - 23.74 | Sell the October 25.00 Calls. |
| Timkensteel Corp. (TMST) - 13.92 | Sell the August 15.00 Calls. |
| The Gap, Inc. (GPS) - 32.66 | Sell the September 33.00 Calls. |
| Caesars Entertainment Inc. (CZR) - 100.54 | Sell the September 110.00 Calls. |
| Tanger Factory Outlet Centers (SKT) - 18.43 | Sell the September 20.00 Calls. |
| Himax Technologies, Inc. ADR (Taiwan) (HIMX) - 15.08 | Sell the September 16.00 Calls. |
| Devon Energy Corporation (DVN) - 28.41 | Sell the October 30.00 Calls. |
| Hawaiian Holdings, Inc. (HA) - 25.41 | Sell the October 28.00 Calls. |
| Allegheny Technologies, Inc. (ATI) - 20.71 | Sell the October 22.50 Calls. |
| Cleveland-Cliffs Inc. (CLF) - 20.62 | Sell the October 22.00 Calls. |
| Olin Corp (OLN) - 46.48 | Sell the August 47.00 Calls. |
| Marathon Oil Corporation (MRO) - 13.39 | Sell the September 14.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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