Call: Wells Fargo (WFC); Put: Clorox (CLX); Covered Write: Delta Air Lines (DAL).
Daily Option Ideas for July 16, 2025
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Wells Fargo & Company - $79.91 | O: 25J80.00D17 | Buy the October 80.00 calls at 4.25 | 71.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Wynn Resorts, Limited ( WYNN) | Sep. 90.00 Calls | Stopped at 21.50 (CP: 21.05) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| The Clorox Company - $126.90 | O: 25V125.00D17 | Buy the October 125.00 puts at 5.80 | 140.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| BJ's Wholesale Club Holdings Inc ( BJ) | Nov. 110.00 Puts | Initiate an option stop loss of 7.90 (CP: 9.90) |
| Constellation Brands, Inc. ( STZ) | Sep. 175.00 Puts | Stopped at 11.60 (CP: 10.90) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Delta Air Lines Inc. $ 55.71 | O: 25I55.00D19 | Sep. 55.00 | 3.95 | $ 25,855.10 | 29.74% | 29.74% | 6.10% |
Still Recommended
| Name | Action |
|---|---|
| Hims & Hers Health Inc. ( HIMS) - 50.46 | Sell the September 55.00 Calls. |
| Fortinet Inc. ( FTNT) - 104.93 | Sell the September 105.00 Calls. |
| IonQ Inc. ( IONQ) - 41.47 | Sell the October 42.00 Calls. |
| MARA Holdings Inc. ( MARA) - 18.76 | Sell the December 18.00 Calls. |
| Norwegian Cruise Line Holdings Ltd. ( NCLH) - 22.74 | Sell the December 22.00 Calls. |
| Lumentum Holdings Inc ( LITE) - 98.14 | Sell the August 90.00 Calls. |
| Palantir Technologies Inc. Class A ( PLTR) - 148.58 | Sell the August 145.00 Calls. |
| Airbnb, Inc. Class A ( ABNB) - 136.54 | Sell the September 140.00 Calls. |
| Arista Networks Inc ( ANET) - 107.37 | Sell the September 110.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Palantir Technologies Inc. Class A ( PLTR - 148.58 ) | September 130.00 covered write. |
| Vistra Corp ( VST - 191.37 ) | August 195.00 covered write. |
