Call: General Motors (GM); Put: Tractor Supply Company (TSCO); Covered Write: Haliburton Company (HAL).
Daily Option Ideas for February 2, 2026
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| General Motors - $83.88 | O: 26C82.50D20 | Buy the March 82.50 calls at 4.65 | 77.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| Gilead Sciences, Inc. ( GILD) | Mar. 125.00 Calls | Raise the option stop loss to 16.30 (CP: 18.30) |
| CME Group, Inc. ( CME) | Mar. 270.00 Calls | Raise the option stop loss to 20.20 (CP: 22.20) |
| Apple Inc. ( AAPL) | Apr. 260.00 Calls | Initiate an option stop loss of 15.75 (CP: 17.75) |
| Wells Fargo & Company ( WFC) | Apr. 87.50 Calls | Initiate an option stop loss of 5.55 (CP: 7.55) |
| Walmart Inc. ( WMT) | Apr. 115.00 Calls | Initiate an option stop loss of 9.70 (CP: 11.70) |
| Hilton Worldwide Holdings Inc ( HLT) | Mar. 300.00 Calls | Initiate an option stop loss of 10.90 (CP: 12.90) |
| State Street Corporation ( STT) | May. 125.00 Calls | Initiate an option stop loss of 9.50 (CP: 11.50) |
| International Business Machines Corp. ( IBM) | Apr. 305.00 Calls | Initiate an option stop loss of 19.10 (CP: 21.10) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Tractor Supply Company - $52.74 | O: 26P55.00D17 | Buy the April 55.00 puts at 3.80 | 57.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| American Tower REIT ( AMT) | Apr. 175.00 Puts | Initiate an option stop loss of 6.60 (CP: 8.60) |
| Marvell Technology Inc. ( MRVL) | Mar. 80.00 Puts | Initiate an option stop loss of 5.60 (CP: 7.60) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Halliburton Company $ 33.52 | O: 26C33.00D20 | Mar. 33.00 | 1.70 | $ 15,757.85 | 29.09% | 34.10% | 4.12% |
Still Recommended
| Name | Action |
|---|---|
| Alcoa Inc. ( AA) - 56.81 | Sell the March 60.00 Calls. |
| Intel Corporation ( INTC) - 46.47 | Sell the May 49.00 Calls. |
| The Gap, Inc. ( GAP) - 27.98 | Sell the March 29.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Semtech Corporation ( SMTC - 79.77 ) | February 80.00 covered write. |
| Alphabet Inc. Class A ( GOOGL - 338.00 ) | May 335.00 covered write. |
