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Interface Inc (TILE) Trading Near $25.03 Resistance Level

Dec 07, 2017 (Marketintelligencecenter.com via COMTEX) --

After Dec 6, 2017aEUR(TM)s trading in Interface Inc (<a href="http://www.marketintelligencecenter.com/symbol/TILE">TILE</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 5.63% or 9.13% (for comparison purposes only), while providing 13.76% downside protection. The trade is a Jul 20, 2018 covered call at the $22.50 level for a net debit of about $21.30. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $24.38 and $25.03, respectively.

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