Daily Option Ideas | Nasdaq Dorsey Wright

Daily Option Ideas

Published: October 10, 2024

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: Exxon Mobil Corporation (XOM), Put: Bristol-Myers Squibb Company (BMY), Covered Write: Tesla Inc. (TSLA)

Daily Option Ideas for October 10, 2024

New Recommendations

Name	Option Symbol	Action	Stop Loss
Exxon Mobil Corporation - $123.48	XOM2517A125	Buy the January 125.00 calls at 5.50	116.00

Follow Ups

Name	Option	Action
No Follow Ups

New Recommendations

Name	Option Symbol	Action	Stop Loss
Bristol-Myers Squibb Company - $52.37	BMY2517M52.5	Buy the January 52.50 puts at 2.88	57.00

Follow Up

Name	Option	Action
ProLogis ( PLD)	Nov. 125.00 Puts	Raise the option stop loss to 6.00 (CP: 8.00)

New Recommendations

Name	Option Sym.	Call to Sell	Call Price	Investment for 500 Shares	Annual Called Rtn.	Annual Static Rtn.	Downside Protection
Tesla Inc. $ 241.05	TSLA2517A245	Jan. 245.00	26.75	$ 108,221.35	44.55%	41.01%	10.01%

Still Recommended

Name	Action
The Gap, Inc. ( GAP) - 20.72	Sell the December 23.00 Calls.
Victoria's Secret & Company ( VSCO) - 24.59	Sell the December 24.00 Calls.
Shopify Inc ( SHOP) - 83.41	Sell the December 80.00 Calls.
Robinhood Markets, Inc. Class A ( HOOD) - 25.65	Sell the January 23.00 Calls.
Affirm Holdings, Inc. Class A ( AFRM) - 43.25	Sell the January 42.50 Calls.
KeyCorp ( KEY) - 16.87	Sell the January 17.00 Calls.
Capital One Financial Corporation ( COF) - 151.80	Sell the December 150.00 Calls.
Palantir Technologies Inc. Class A ( PLTR) - 43.13	Sell the January 40.00 Calls.
NVIDIA Corporation ( NVDA) - 132.65	Sell the January 125.00 Calls.
Broadcom Ltd ( AVGO) - 185.95	Sell the January 180.00 Calls.
Stanley Black & Decker, Inc. ( SWK) - 106.61	Sell the January 110.00 Calls.
Semtech Corporation ( SMTC) - 41.14	Sell the January 42.00 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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