Call: Fortinet (FTNT); Put: Halliburton (HAL) Covered Write: Northern Oil & Gas (NOG).
Daily Option Ideas for June 26, 2023
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Fortinet Inc. - $71.06 | O: 23J70.00D20 | Buy the October 70.00 calls at 6.70 | 66.00 |
Follow Ups
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Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Halliburton Company - $31.67 | O: 23V32.00D20 | Buy the October 32.00 puts at 2.81 | 35.00 |
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 |
|---|---|---|---|---|---|---|---|
| Northern Oil & Gas Inc. $32.07 | O: 23J34.00D20 | Oct. 34.00 | 2.25 | $15,672.45 | 23.32% | 19.02% | 5.70% |
Still Recommended
| Name | Action |
|---|---|
| On Semiconductor Corp. (ON) - 87.52 | Sell the September 90.00 Calls. |
| Apollo Global Management Inc. (APO) - 73.00 | Sell the September 72.50 Calls. |
| Carnival Corporation (CCL) - 15.80 | Sell the September 14.00 Calls. |
| CrowdStrike Holdings, Inc. Class A (CRWD) - 143.64 | Sell the October 155.00 Calls. |
| Capital One Financial Corporation (COF) - 106.60 | Sell the September 115.00 Calls. |
| Dell Technologies Inc Class C (DELL) - 50.87 | Sell the October 50.00 Calls. |
| Tapestry Inc. (TPR) - 42.91 | Sell the November 45.00 Calls. |
| EQT Corporation (EQT) - 39.18 | Sell the September 41.00 Calls. |
| Nucor Corporation (NUE) - 153.79 | Sell the October 160.00 Calls. |
| Take-Two Interactive Software, Inc. (TTWO) - 141.85 | Sell the September 140.00 Calls. |
| Bath & Body Works Inc. (BBWI) - 37.21 | Sell the August 40.00 Calls. |
| United Airlines Holdings Inc. (UAL) - 52.65 | Sell the December 55.00 Calls. |
| EQT Corporation (EQT) - 39.18 | Sell the December 40.00 Calls. |
| Fortinet Inc. (FTNT) - 71.59 | Sell the October 75.00 Calls. |
| The Chemours Company (CC) - 33.48 | Sell the October 34.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
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