Daily Option Ideas | Nasdaq Dorsey Wright

Daily Option Ideas

Published: May 5, 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: ONEOK Inc (OKE); Put: Molson Coors Company (TAP); Covered Write: Citigroup Inc (C).

Daily Option Ideas for May 5, 2026

New Recommendations

Name	Option Symbol	Action	Stop Loss
ONEOK, Inc. - $90.63	O: 26I90.00D18	Buy the September 90.00 calls at 6.60	81.00

Follow Ups

Name	Option	Action
DuPont de Nemours Inc. ( DD)	Jul. 45.00 Calls	Initiate an option stop loss of 3.10 (CP: 5.10)
UBS AG (Switzerland) ADR ( UBS)	Aug. 40.00 Calls	Initiate an option stop loss of 3.70 (CP: 5.70)
Shopify Inc ( SHOP)	Jul. 125.00 Calls	Stopped at 13.55 (CP: 5.05)
Fortinet Inc. ( FTNT)	Jul. 85.00 Calls	Raise the option stop loss to 8.50 (CP: 10.05)

New Recommendations

Name	Option Symbol	Action	Stop Loss
Molson Coors Company - $42.43	O: 26S42.50D17	Buy the July 42.50 puts at 2.65	46.00

Follow Up

Name	Option	Action
Abbott Laboratories ( ABT)	Aug. 115.00 Puts	Raise the option stop loss to 24.60 (CP: 26.60)
Cognizant Technology Solutions ( CTSH)	Sep. 62.50 Puts	Raise the option stop loss to 8.90 (CP: 10.90)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Citigroup, Inc. $ 125.63	O: 26G130.00D17	Jul. 130.00	6.80	$ 61,289.15	25.05%	22.24%	4.26%

Still Recommended

Name	Action
Palantir Technologies Inc. Class A ( PLTR) - 146.03	Sell the July 150.00 Calls.
V.F. Corporation ( VFC) - 18.39	Sell the August 22.00 Calls.
Delta Air Lines Inc. ( DAL) - 68.50	Sell the July 72.50 Calls.
Starbucks Corporation ( SBUX) - 104.97	Sell the September 110.00 Calls.
General Motors ( GM) - 75.70	Sell the September 77.50 Calls.
Invesco PLC ( IVZ) - 26.04	Sell the July 27.00 Calls.

The Following Covered Write are no longer recommended

Name	Covered Write
Synchrony Financial ( SYF - 74.24 )	September 80.00 covered write.

Back to report

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.

Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
Copyright © 1995-2026 Dorsey, Wright & Associates, LLC.®
All quotes displayed are delayed 20 minutes
Disclaimer/Terms of Use/Copyright