Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Nordson Corp (NDSN) Showing Bearish Technicals With Support At $123.51

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

For a hedged play on Nordson Corp (<a href="http://www.marketintelligencecenter.com/symbol/NDSN">NDSN</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jan 19, 2018 $125 covered call for a net debit in the $120.60 area. That is also the break-even stock price for the covered call. This trade will return 3.63%, or 30.89% annualized (for comparison purposes only), in 43 days. This covered call also provides 4.58% downside protection. The current 52-week low is $103.76 and the 52-week high is $131.49. Nordson Corp stock has been showing support around $123.51 and resistance in the $128.91 range. The stock closed Dec 6, 2017's trading session at $126.41.A

(C) Copyright 2017, Marketintelligencecenter.com. 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 57.31
Nat Gas 2.602
Corn 347
Cotton #2 76.31
Gold 1257.3
Copper 3.1305
Euro 1.17760
USD Index 93.840
SP500 E-mini 2678.75
DJIA E-mini 24682
close_icon
open_icon