Call: Dexcom (DXCM); Put: Sealed Air Corporation (SEE); Covered Write: Hess Corporation (HES)
Daily Option Ideas for July 25, 2023
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Dexcom Inc. - $130.31 | DXCM2315L130 | Buy the December 130.00 calls at 12.90 | 118.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Fiserv, Inc. ( FI) | Sep. 110.00 Calls | Raise the option stop loss to 18.90 (CP: 20.90) |
| The TJX Companies, Inc. ( TJX) | Oct. 80.00 Calls | Raise the option stop loss to 6.80 (CP: 8.80) |
| Molson Coors Company ( TAP) | Oct. 65.00 Calls | Raise the option stop loss to 5.00 (CP: 7.00) |
| Tractor Supply Company ( TSCO) | Oct. 210.00 Calls | Stopped at 13.30 (CP: 12.60) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Sealed Air Corporation - $46.64 | SEE2320V45 | Buy the October 45.00 puts at 1.75 | 50.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Freeport-McMoRan Inc. (FCX) | Nov. 39.00 Puts | Stopped at 44.00 (CP: 43.99) |
| The Sherwin-Williams Company (SHW) | Dec. 250.00 Puts | Stopped at 280.00 (CP: 276.31) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Hess Corporation $145.66 | HES2317K150 | Nov. 150.00 | 10.40 | $69,501.10 | 21.74% | 20.13% | 5.97% |
Still Recommended
| Name | Action |
|---|---|
| CrowdStrike Holdings, Inc. Class A (CRWD) - 149.74 | Sell the October 155.00 Calls. |
| Roku, Inc. Class A (ROKU) - 71.86 | Sell the October 65.00 Calls. |
| International Game Technology (IGT) - 33.01 | Sell the October 33.00 Calls. |
| Palantir Technologies Inc. Class A (PLTR) - 16.32 | Sell the November 18.00 Calls. |
| Schlumberger Limited (SLB) - 57.02 | Sell the November 60.00 Calls. |
| Aptiv PLC (APTV) - 109.43 | Sell the November 115.00 Calls. |
| Generac Holdings, Inc. (GNRC) - 146.60 | Sell the November 145.00 Calls. |
| Arista Networks Inc (ANET) - 171.72 | Sell the December 180.00 Calls. |
| Norwegian Cruise Line Holdings Ltd. (NCLH) - 20.81 | Sell the December 22.00 Calls. |
| KB Home (KBH) - 52.99 | Sell the October 55.00 Calls. |
| Wynn Resorts, Limited (WYNN) - 107.51 | Sell the December 110.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Delta Air Lines Inc. ( DAL - 47.48 ) | December 50.00 covered write. |
