Call: Amerisource Bergen Corporation (ABC); Put: JetBlue (JBLU); Covered Write: Costamare Inc (CMRE).
Daily Option Ideas for August 6, 2021
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| AmerisourceBergen Corporation - $121.31 | O: 22A120.00D21 | Buy the January 120.00 calls at 8.50 | 110.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Amphenol Corporation ( APH) | Oct. 67.50 Calls | Raise the option stop loss to 4.80 (CP: 6.80) |
| American International Group, Inc. ( AIG) | Nov. 47.00 Calls | Initiate an option stop loss of 3.55 (CP: 5.55) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| JetBlue Airways Corporation - $15.14 | O: 21X16.00D17 | Buy the December 16.00 puts at 2.09 | 16.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| The Progressive Corporation (PGR) | Nov. 100.00 Puts | Stopped at 5.40 (CP: 5.40) |
| Activision Blizzard, Inc. (ATVI) | Nov. 95.00 Puts | Stopped at 14.45 (CP: 13.85) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Costamare Inc. $11.17 | O: 21L12.00D17 | Dec. 12.00 | 0.85 | $5,210.00 | 38.68% | 19.23% | 6.55% |
Still Recommended
| Name | Action |
|---|---|
| Cleveland-Cliffs Inc. (CLF) - 23.32 | Sell the October 22.00 Calls. |
| Antero Resources Corp (AR) - 13.24 | Sell the November 15.00 Calls. |
| United States Steel Corporation (X) - 25.31 | Sell the October 25.00 Calls. |
| Cloudflare Inc Class A (NET) - 121.46 | Sell the November 115.00 Calls. |
| Mosaic Company (MOS) - 30.70 | Sell the December 32.00 Calls. |
| Dick's Sporting Goods, Inc. (DKS) - 107.78 | Sell the December 110.00 Calls. |
| Halliburton Company (HAL) - 19.48 | Sell the October 21.00 Calls. |
| The Trade Desk Inc (TTD) - 83.38 | Sell the November 90.00 Calls. |
| Green Plains Inc. (GPRE) - 33.44 | Sell the December 36.00 Calls. |
| Alcoa Inc. (AA) - 38.75 | Sell the November 42.00 Calls. |
| Nucor Corporation (NUE) - 101.51 | Sell the October 105.00 Calls. |
| Biocryst Pharmaceuticals Inc (BCRX) - 17.65 | Sell the December 18.00 Calls. |
| Ford Motor Company (F) - 13.71 | Sell the November 14.00 Calls. |
| United States Steel Corporation (X) - 25.31 | Sell the October 26.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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