Nasdaq Dorsey Wright

Daily Option Ideas

Published: August 4, 2023

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Call: Darden Restaurants (DRI); Put: Pilgrim's Pride Corporation (PPC); Covered Write: Tempur Seal International Inc (TPX).

Daily Option Ideas for August 4, 2023

New Recommendations

Name	Option Symbol	Action	Stop Loss
Darden Restaurants, Inc. - $162.78	O: 23J160.00D20	Buy the October 160.00 calls at 9.00	156.00

Follow Ups

Name	Option	Action
No Follow Ups

New Recommendations

Name	Option Symbol	Action	Stop Loss
Pilgrim's Pride Corporation - $25.34	O: 23X26.00D15	Buy the December 26.00 puts at 2.10	27.00

Follow Up

Name	Option	Action
No Follow Ups

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Tempur Sealy International Inc. $45.94	O: 23L47.50D15	Dec. 47.50	3.10	$21,680.35	23.29%	16.51%	5.68%

Still Recommended

Name	Action
CrowdStrike Holdings, Inc. Class A (CRWD) - 157.55	Sell the October 155.00 Calls.
Palantir Technologies Inc. Class A (PLTR) - 18.71	Sell the November 18.00 Calls.
Schlumberger Limited (SLB) - 57.98	Sell the November 60.00 Calls.
KB Home (KBH) - 53.24	Sell the October 55.00 Calls.
Caesars Entertainment Inc. (CZR) - 55.00	Sell the December 60.00 Calls.
CF Industries Holdings, Inc. (CF) - 81.23	Sell the November 85.00 Calls.
United Airlines Holdings Inc. (UAL) - 52.16	Sell the December 55.00 Calls.
Halliburton Company (HAL) - 39.69	Sell the January 42.00 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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