Call: Phillips 66 (PSX); Put: McCormick & Company (MKC); Covered Write: Newmont Corp (NEM).
Daily Option Ideas for July 29, 2025
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Phillips 66 - $128.13 | O: 25J125.00D17 | Buy the October 125.00 calls at 8.80 | 116.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Tractor Supply Company ( TSCO) | Sep. 52.00 Calls | Stopped at 6.30 (CP: 5.70) |
| Tapestry Inc. ( TPR) | Aug. 82.50 Calls | Stopped at 25.80 (CP: 25.10) |
| Apple Inc. ( AAPL) | Oct. 210.00 Calls | Stopped at 12.35 (CP: 12.10) |
| Marriott International, Inc. ( MAR) | Sep. 270.00 Calls | Stopped at 13.90 (CP: 13.10) |
| Dell Technologies Inc Class C ( DELL) | Sep. 130.00 Calls | Raise the option stop loss to 9.30 (CP: 11.30) |
| Texas Instruments Incorporated ( TXN) | Sep. 185.00 Calls | Initiate an option stop loss of 8.75 (CP: 10.75) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| McCormick & Company, Incorporated - $72.72 | O: 25X75.00D19 | Buy the December 75.00 puts at 5.10 | 79.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Pinterest, Inc. Class A ( PINS) | Sep. 34.00 Puts | Stopped at 39.00 (CP: 38.23) |
| Enphase Energy Inc ( ENPH) | Sep. 40.00 Puts | Raise the option stop loss to 5.20 (CP: 7.20) |
| United Parcel Service, Inc. ( UPS) | Oct. 100.00 Puts | Initiate an option stop loss of 8.90 (CP: 10.90) |
| Carmax Group ( KMX) | Sep. 65.00 Puts | Raise the option stop loss to 4.70 (CP: 6.70) |
| Novo Nordisk A/S (Denmark) ADR ( NVO) | Sep. 65.00 Puts | Initiate an option stop loss of 9.90 (CP: 11.90) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Newmont Corp $ 63.66 | O: 25J65.00D17 | Oct. 65.00 | 3.60 | $ 30,431.95 | 26.22% | 21.93% | 4.59% |
Still Recommended
| Name | Action |
|---|---|
| Hims & Hers Health Inc. ( HIMS) - 58.68 | Sell the September 55.00 Calls. |
| Fortinet Inc. ( FTNT) - 104.88 | Sell the September 105.00 Calls. |
| IonQ Inc. ( IONQ) - 42.34 | Sell the October 42.00 Calls. |
| MARA Holdings Inc. ( MARA) - 17.16 | Sell the December 18.00 Calls. |
| Palantir Technologies Inc. Class A ( PLTR) - 157.88 | Sell the August 145.00 Calls. |
| Airbnb, Inc. Class A ( ABNB) - 142.16 | Sell the September 140.00 Calls. |
| Expedia Group Inc. ( EXPE) - 187.16 | Sell the August 185.00 Calls. |
| Dollar General Corp. ( DG) - 105.81 | Sell the September 110.00 Calls. |
| General Motors ( GM) - 53.45 | Sell the December 55.00 Calls. |
| NetApp, Inc. ( NTAP) - 106.91 | Sell the December 110.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Arista Networks Inc ( ANET - 117.55 ) | September 110.00 covered write. |
| Uber Technologies, Inc. ( UBER - 90.60 ) | September 92.50 covered write. |
| Southwest Airlines Co. ( LUV - 32.52 ) | November 35.00 covered write. |
