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Ignyta Inc (RXDX) Trading Near $14.38 Support Level

Dec 07, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Ignyta Inc (<a href="">RXDX</a>) could yield about 12.61% (20.46% annualized, for comparison purposes only) in 225 days. Pair a long position in the stock with the Jul 20, 2018 $12.50 call for a net debit of about $11.09. This position also has 28.38% downside protection. Ignyta Inc closed at $15.50 Dec 6, 2017. Technical indicators for RXDX are bearish and support and resistance have been about $14.38 and $16.33, respectively.A

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