Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Mercury Computer Systems (MRCY) Trading Near $50.42 Support Level

Dec 07, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Mercury Computer Systems (<a href="">MRCY</a>) could yield about 2.56% (21.76% annualized, for comparison purposes only) in 43 days. Pair a long position in the stock with the Jan 19, 2018 $50 call for a net debit of about $48.75. This position also has 5.70% downside protection. Mercury Computer Systems closed at $51.70 Dec 6, 2017. Technical indicators for MRCY are bearish and support and resistance have been about $50.42 and $52.56, respectively.A

(C) Copyright 2017, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 57.15
Nat Gas 2.743
Corn 347
Cotton #2 75.20
Gold 1263.9
Copper 3.1455
Euro 1.18130
USD Index 93.260
SP500 E-mini 2695.75
DJIA E-mini 24824