Call: Ameresco Inc. (AMRC), Put: Citrix Systems Inc. (CTXS), Covered Write: United States Steel Corporation (X)
Daily Option Ideas for August 5, 2021
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Ameresco Inc. - $65.35 | AMRC2115J65 | Buy the October 65.00 calls at 5.60 | 59.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Centene Corporation ( CNC) | Dec. 72.50 Calls | Stopped at 67.00 (CP: 66.85) |
| Home Depot, Inc. ( HD) | Oct. 320.00 Calls | Raise the option stop loss to 17.65 (CP: 19.65) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Citrix Systems, Inc. - $101.01 | CTXS2117X100 | Buy the December 100.00 puts at 6.30 | 114.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Fastly, Inc. Class A (FSLY) | Dec. 55.00 Puts | Raise the option stop loss to 15.25 (CP: 17.25) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| United States Steel Corporation $25.24 | X2115J26 | Oct. 26.00 | 2.16 | $11,727.50 | 50.23% | 41.32% | 7.44% |
Still Recommended
| Name | Action |
|---|---|
| Cleveland-Cliffs Inc. (CLF) - 23.70 | Sell the October 22.00 Calls. |
| Antero Resources Corp (AR) - 13.27 | Sell the November 15.00 Calls. |
| United States Steel Corporation (X) - 25.24 | Sell the October 25.00 Calls. |
| Cloudflare Inc Class A (NET) - 120.00 | Sell the November 115.00 Calls. |
| Mosaic Company (MOS) - 30.61 | Sell the December 32.00 Calls. |
| Dick's Sporting Goods, Inc. (DKS) - 104.69 | Sell the December 110.00 Calls. |
| Halliburton Company (HAL) - 19.20 | Sell the October 21.00 Calls. |
| The Trade Desk Inc (TTD) - 86.44 | Sell the November 90.00 Calls. |
| Green Plains Inc. (GPRE) - 35.04 | Sell the December 36.00 Calls. |
| Alcoa Inc. (AA) - 38.75 | Sell the November 42.00 Calls. |
| Nucor Corporation (NUE) - 104.90 | Sell the October 105.00 Calls. |
| Biocryst Pharmaceuticals Inc (BCRX) - 16.26 | Sell the December 18.00 Calls. |
| Ford Motor Company (F) - 13.32 | Sell the November 14.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| CommScope Holding Company, Inc. ( COMM - 20.69 ) | November 21.00 covered write. |
