Nasdaq Dorsey Wright

Call: Halliburton Company (HAL), Put: Zoom Video Communications, Inc. Class A (ZM), Covered Write: Palantir Technologies Inc. Class A (PLTR)

Daily Option Ideas for May 8, 2024

New Recommendations

Name	Option Symbol	Action	Stop Loss
Halliburton Company - $37.16	HAL2420I38	Buy the September 38.00 calls at 2.24	32.00

Follow Ups

Name	Option	Action
No Follow Ups

New Recommendations

Name	Option Symbol	Action	Stop Loss
Zoom Video Communications, Inc. Class A - $61.11	ZM2416T60	Buy the August 60.00 puts at 3.90	64.00

Follow Up

Name	Option	Action
CVS Health Corp. ( CVS)	Jun. 75.00 Puts	Raise the option stop loss to 17.75 (CP: 19.75)
Intel Corporation ( INTC)	Jun. 43.00 Puts	Raise the option stop loss to 10.90 (CP: 12.90)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Palantir Technologies Inc. Class A $ 21.40	PLTR2416H22	Aug. 22.00	2.20	$ 9,682.65	45.64%	37.03%	9.21%

Still Recommended

Name	Action
Lyft Inc Class A ( LYFT) - 16.60	Sell the July 20.00 Calls.
DraftKings Inc Class A ( DKNG) - 43.30	Sell the July 45.00 Calls.
United Airlines Holdings Inc. ( UAL) - 52.69	Sell the August 55.00 Calls.
Airbnb, Inc. Class A ( ABNB) - 159.81	Sell the September 170.00 Calls.
Palantir Technologies Inc. Class A ( PLTR) - 21.40	Sell the August 23.00 Calls.
Micron Technology, Inc. ( MU) - 119.21	Sell the August 115.00 Calls.
Comerica Incorporated ( CMA) - 53.21	Sell the September 55.00 Calls.
Royal Caribbean Cruises Ltd. ( RCL) - 141.59	Sell the September 145.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
Constellation Energy Corporation ( CEG - 200.58 )	August 195.00 covered write.

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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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