Nasdaq Dorsey Wright

Call: Visa (V); Put: General Dynamics (GD); Covered Write: Take-Two Interactive (TTWO)

Daily Option Ideas for June 15, 2023

New Recommendations

Name	Option Symbol	Action	Stop Loss
Visa Inc. - $226.55	V2315I215	Buy the September 225.00 calls at 11.10	200.00

Follow Ups

Name	Option	Action
AFLAC Incorporated ( AFL)	Aug. 65.00 Calls	Raise the option stop loss to 3.70 (CP: 5.70)
Walmart Inc. ( WMT)	Sep. 145.00 Calls	Raise the option stop loss to 13.35 (CP: 15.35)
Stryker Corporation ( SYK)	Sep. 280.00 Calls	Raise the option stop loss to 21.70 (CP: 23.70)

New Recommendations

Name	Option Symbol	Action	Stop Loss
General Dynamics Corporation - $215.11	GD2317W210	Buy the November 210.00 puts at 7.90	236.00

Follow Up

Name	Option	Action
Newmont Corp (NEM)	Sep. 45.00 Puts	Stopped at 3.85 (CP: 3.80)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Take-Two Interactive Software, Inc. $136.63	TTWO2315I140	Sep. 140.00	7.35	$65,763.90	21.41%	17.80%	4.29%

Still Recommended

Name	Action
On Semiconductor Corp. (ON) - 92.74	Sell the September 90.00 Calls.
Apollo Global Management Inc. (APO) - 76.15	Sell the September 72.50 Calls.
Carnival Corporation (CCL) - 15.60	Sell the September 14.00 Calls.
CrowdStrike Holdings, Inc. Class A (CRWD) - 153.96	Sell the October 155.00 Calls.
Capital One Financial Corporation (COF) - 112.33	Sell the September 115.00 Calls.
Dell Technologies Inc Class C (DELL) - 49.38	Sell the October 50.00 Calls.
Tapestry Inc. (TPR) - 43.66	Sell the November 45.00 Calls.
EQT Corporation (EQT) - 38.45	Sell the September 41.00 Calls.
Nucor Corporation (NUE) - 150.64	Sell the October 160.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

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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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