Call: Twitter (TWTR); Put: NIO Inc. (NIO); Covered Write: Alcoa Inc (AA).
Daily Option Ideas for July 30, 2021
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Twitter, Inc - $69.75 | O: 21L65.00D17 | Buy the December 65.00 calls at 9.95 | 64.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Cleveland-Cliffs Inc. ( CLF) | Oct. 21.00 Calls | Initiate an option stop loss of 3.15 (CP: 5.15) |
| Amphenol Corporation ( APH) | Oct. 67.50 Calls | Initiate an option stop loss of 3.90 (CP: 5.90) |
| eBay Inc. ( EBAY) | Oct. 65.00 Calls | Stopped at 7.75 (CP: 5.70) |
| L Brands Inc. ( LB) | Nov. 75.00 Calls | Initiate an option stop loss of 8.15 (CP: 8.60) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| NIO Inc. Sponsored ADR Class A - $44.68 | O: 21S50.00D16 | Buy the July 50.00 puts at 10.65 | 48.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Uber Technologies, Inc. (UBER) | Sep. 55.00 Puts | Raise the option stop loss to 9.75 (CP: 11.75) |
| Fastly, Inc. Class A (FSLY) | Dec. 55.00 Puts | Initiate an option stop loss of 9.65 (CP: 11.65) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Alcoa Inc. $39.37 | O: 21K42.00D19 | Nov. 42.00 | 3.85 | $18,370.00 | 43.10% | 30.25% | 8.49% |
Still Recommended
| Name | Action |
|---|---|
| Cleveland-Cliffs Inc. (CLF) - 24.86 | Sell the October 22.00 Calls. |
| Antero Resources Corp (AR) - 13.61 | Sell the November 15.00 Calls. |
| United States Steel Corporation (X) - 25.47 | Sell the October 25.00 Calls. |
| CommScope Holding Company, Inc. (COMM) - 21.21 | Sell the November 21.00 Calls. |
| Cloudflare Inc Class A (NET) - 120.39 | Sell the November 115.00 Calls. |
| NVIDIA Corporation (NVDA) - 196.62 | Sell the November 195.00 Calls. |
| Mosaic Company (MOS) - 31.13 | Sell the December 32.00 Calls. |
| Dick's Sporting Goods, Inc. (DKS) - 105.11 | Sell the December 110.00 Calls. |
| Halliburton Company (HAL) - 21.25 | Sell the October 21.00 Calls. |
| The Trade Desk Inc (TTD) - 84.10 | Sell the November 90.00 Calls. |
| Applied Materials, Inc. (AMAT) - 137.50 | Sell the October 140.00 Calls. |
| Green Plains Inc. (GPRE) - 34.55 | Sell the December 36.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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