Call: Bunge Limited (BG); Put: Open Text Corporation (OTEX); Covered Write: Block Inc (XYZ).
Daily Option Ideas for May 12, 2026
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Bunge Limited - $126.21 | O: 26G125.00D17 | Buy the July 125.00 calls at 8.00 | 116.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
| The Allstate Corporation ( ALL) | Jul. 210.00 Calls | Initiate an option stop loss of 10.00 (CP: 12.00) |
| J.P. Morgan Chase & Co. ( JPM) | Jul. 300.00 Calls | Initiate an option stop loss of 15.20 (CP: 17.20) |
Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Open Text Corporation - $23.89 | O: 26S25.00D17 | Buy the July 25.00 puts at 2.45 | 27.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Abbott Laboratories ( ABT) | Aug. 115.00 Puts | Stopped at 28.80 (CP: 28.40) |
| Cognizant Technology Solutions ( CTSH) | Sep. 62.50 Puts | Raise the option stop loss to 11.30 (CP: 13.30) |
| Accenture PLC ( ACN) | Aug. 200.00 Puts | Raise the option stop loss to 32.50 (CP: 34.50) |
| PDD Holdings Inc. ( PDD) | Jul. 100.00 Puts | Initiate an option stop loss of 6.75 (CP: 8.75) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| Block Inc $ 73.17 | O: 26G75.00D17 | Jul. 75.00 | 4.10 | $ 35,547.65 | 41.46% | 26.69% | 4.60% |
Still Recommended
| Name | Action |
|---|---|
| Palantir Technologies Inc. Class A ( PLTR) - 136.89 | Sell the July 150.00 Calls. |
| V.F. Corporation ( VFC) - 17.94 | Sell the August 22.00 Calls. |
| Delta Air Lines Inc. ( DAL) - 71.20 | Sell the July 72.50 Calls. |
| Starbucks Corporation ( SBUX) - 105.74 | Sell the September 110.00 Calls. |
| Citigroup, Inc. ( C) - 125.85 | Sell the July 130.00 Calls. |
| Amkor Technology, Inc. ( AMKR) - 76.69 | Sell the July 80.00 Calls. |
| On Semiconductor Corp. ( ON) - 107.24 | Sell the July 105.00 Calls. |
| eBay Inc. ( EBAY) - 108.13 | Sell the July 110.00 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
| Synchrony Financial ( SYF - 70.28 ) | September 72.50 covered write. |
