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Mazor Robotics Ads (MZOR) Showing Bearish Technicals With Support At $47.07

Dec 07, 2017 ( via COMTEX) --

For a hedged play on Mazor Robotics Ads (<a href="">MZOR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Feb 16, 2018 $50 covered call for a net debit in the $45.60 area. That is also the break-even stock price for the covered call. This trade will return 9.64%, or 49.60% annualized (for comparison purposes only), in 71 days. This covered call also provides 10.76% downside protection. The current 52-week low is $20.50 and the 52-week high is $65.97. Mazor Robotics Ads stock has been showing support around $47.07 and resistance in the $57.19 range. The stock closed Dec 6, 2017's trading session at $51.09.A

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