Daily Option Ideas | Nasdaq Dorsey Wright

Daily Option Ideas

Published: January 23, 2026

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: Dollar Tree (DLTR); Put: Best Buy Co (BBY); Covered Write: CVS Health Corp (CVS).

Daily Option Ideas for January 23, 2026

New Recommendations

Name	Option Symbol	Action	Stop Loss
Dollar Tree, Inc. - $128.34	O: 26D125.00D17	Buy the April 125.00 calls at 12.25	116.00

Follow Ups

Name	Option	Action
Gilead Sciences, Inc. ( GILD)	Mar. 125.00 Calls	Raise the option stop loss to 10.95 (CP: 12.95)
Monster Beverage Corp. ( MNST)	Mar. 77.50 Calls	Raise the option stop loss to 4.70 (CP: 6.70)
CME Group, Inc. ( CME)	Mar. 270.00 Calls	Raise the option stop loss to 14.90 (CP: 16.90)
Microsoft Corporation ( MSFT)	Apr. 450.00 Calls	Initiate an option stop loss of 34.00 (CP: 36.00)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Best Buy Co., Inc. - $66.99	O: 26P67.50D17	Buy the April 67.50 puts at 6.00	74.00

Follow Up

Name	Option	Action
Abbott Laboratories ( ABT)	Feb. 120.00 Puts	Initiate an option stop loss of 10.50 (CP: 12.50)
GoDaddy Inc. ( GDDY)	Feb. 130.00 Puts	Raise the option stop loss to 23.30 (CP: 25.30)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
CVS Health Corp. $ 82.68	O: 26E85.00D15	May. 85.00	4.70	$ 39,639.00	20.11%	15.71%	4.60%

Still Recommended

Name	Action
On Semiconductor Corp. ( ON) - 63.07	Sell the March 60.00 Calls.
Dexcom Inc. ( DXCM) - 73.92	Sell the February 70.00 Calls.
Semtech Corporation ( SMTC) - 80.13	Sell the February 80.00 Calls.
Alphabet Inc. Class A ( GOOGL) - 330.54	Sell the May 335.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
No Additions to This Section

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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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