Daily Option Ideas | Nasdaq Dorsey Wright

Daily Option Ideas

Published: December 12, 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: Applied Materials (AMAT); Put: Southwest Airlines (LUV); Covered Write: Royal Caribbean (RCL)

Daily Option Ideas for December 12, 2023

New Recommendations

Name	Option Symbol	Action	Stop Loss
Applied Materials, Inc. - $157.21	AMAT2419D155	Buy the April 155.00 calls at 14.50	140.00

Follow Ups

Name	Option	Action
American International Group, Inc. ( AIG)	Jan. 60.00 Calls	Raise the option stop loss to 5.00 (CP: 7.00)
T-Mobile US Inc. ( TMUS)	Feb. 145.00 Calls	Raise the option stop loss to 15.80 (CP: 17.80)
Centene Corporation ( CNC)	Mar. 72.50 Calls	Initiate an option stop loss of 4.90 (CP: 6.90)
Broadcom Ltd ( AVGO)	Mar. 920.00 Calls	Raise the option stop loss to 151.20 (CP: 171.20)
Meta Platform Inc. ( META)	Mar. 320.00 Calls	Initiate an option stop loss of 31.60 (CP: 33.60)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Southwest Airlines Co. - $30.34	LUV2415O30	Buy the March 30.00 puts at 1.99	33.00

Follow Up

Name	Option	Action
Delta Air Lines Inc. (DAL)	Mar. 38.00 Puts	Stopped at 41.00 (CP: 41.29)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Royal Caribbean Cruises Ltd. $120.41	RCL2415C125	Mar. 125.00	7.25	$57,238.50	31.61%	20.26%	4.96%

Still Recommended

Name	Action
Amazon.com Inc. (AMZN) - 145.89	Sell the March 150.00 Calls.
Dexcom Inc. (DXCM) - 117.90	Sell the March 120.00 Calls.
Airbnb, Inc. Class A (ABNB) - 142.93	Sell the March 150.00 Calls.
Guess Inc. (GES) - 22.45	Sell the March 23.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

Back to report

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.

Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
Copyright © 1995-2026 Dorsey, Wright & Associates, LLC.®
All quotes displayed are delayed 20 minutes
Disclaimer/Terms of Use/Copyright