Call: Costco Wholesale (COST); Put: Pepsi (PEP); Covered Write: Lumentum (LITE).
Daily Option Ideas for July 9, 2025
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Costco Wholesale Corporation - $978.32 | O: 25J980.00D17 | Buy the October 980.00 calls at 54.00 | 864.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| General Dynamics Corporation ( GD) | Aug. 280.00 Calls | Raise the option stop loss to 20.00 (CP: 22.00) |
| Tapestry Inc. ( TPR) | Aug. 82.50 Calls | Raise the option stop loss to 11.80 (CP: 13.80) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| PepsiCo, Inc. - $134.26 | O: 25V135.00D17 | Buy the October 135.00 puts at 7.30 | 148.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Adobe Systems Incorporated ( ADBE) | Oct. 380.00 Puts | Initiate an option stop loss of 23.35 (CP: 25.35) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Lumentum Holdings Inc $ 91.31 | O: 25H90.00D15 | Aug. 90.00 | 7.20 | $ 42,077.90 | 57.91% | 57.91% | 6.89% |
Still Recommended
| Name | Action |
|---|---|
| Palantir Technologies Inc. Class A ( PLTR) - 139.71 | Sell the September 130.00 Calls. |
| Delta Air Lines Inc. ( DAL) - 50.52 | Sell the September 50.00 Calls. |
| United Airlines Holdings Inc. ( UAL) - 81.21 | Sell the September 82.50 Calls. |
| Hims & Hers Health Inc. ( HIMS) - 48.96 | Sell the September 55.00 Calls. |
| Fortinet Inc. ( FTNT) - 107.54 | Sell the September 105.00 Calls. |
| Coherent Corp. ( COHR) - 90.40 | Sell the August 85.00 Calls. |
| IonQ Inc. ( IONQ) - 44.97 | Sell the October 42.00 Calls. |
| On Semiconductor Corp. ( ON) - 57.62 | Sell the August 55.00 Calls. |
| Palo Alto Networks Inc ( PANW) - 203.99 | Sell the September 200.00 Calls. |
| MARA Holdings Inc. ( MARA) - 17.52 | Sell the December 18.00 Calls. |
| Norwegian Cruise Line Holdings Ltd. ( NCLH) - 21.64 | Sell the December 22.00 Calls. |
| Uber Technologies, Inc. ( UBER) - 97.48 | Sell the August 97.50 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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