Daily Option Ideas
Published: August 12, 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: Merck (MRK); Put: Chipotle Mexican Grill (CMG); Covered Write: Lam Research Corporation (LRCX).

The option suggestions featured here are pulled from the NDW Options Ideas tool. These are just a sample of the ideas that can be found there. The Options Idea tool contains numerous additional income and speculative plays. It also offers relative strength-based screens targeting the highest (and lowest) relative strength stocks and ETFs that have recently moved counter to their longer-term trend. To access or subscribe to the Options Ideas tool, click here.


Call

Merck & Co., Inc. (MRK) Nov 20 $130 Call

Additional Data:  
Bid/Ask Spread 8.04%
Delta 62.78
Gamma 1.93
Implied Volatility 29.49%
Expiry Date 100
Earnings Date 10/29/2026

Put

Chipotle Mexican Grill 'A' (CMG) Dec 18 $34 Put

Additional Data:  
Bid/Ask Spread 4.35%
Delta -49.62
Gamma 5.20
Implied Volatility 40.55%
Expiry Date 128
Earnings Date 11/04/2026

Income (Covered Call)

Lam Research Corporation (LRCX) Sep 11 $375 Covered Call

Additional Data:  
Ann. Static Return 33.59%
Bid/Ask Spread 25.81%
Delta 74.02
Gamma -0.53
Implied Volatility 64.42%
Expiry Date 30
Earnings Date 10/21/2026

 

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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.
Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
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