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

Omnicell (OMCL) Trading Near $48.84 Support Level

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

For a hedged play on Omnicell (<a href="http://www.marketintelligencecenter.com/symbol/OMCL">OMCL</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Feb 16, 2018 $50 covered call for a net debit in the $47.50 area. That is also the break-even stock price for the covered call. This trade will return 5.26%, or 27.05% annualized (for comparison purposes only), in 71 days. This covered call also provides 6.86% downside protection. The current 52-week low is $31.85 and the 52-week high is $55.40. Omnicell stock has been showing support around $48.84 and resistance in the $52.78 range. The stock closed Dec 6, 2017's trading session at $51.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 57.30
Nat Gas 2.702
Corn 349 2/8
Cotton #2 76.13
Gold 1263.0
Copper 3.0935
Euro 1.18020
USD Index 93.620
SP500 E-mini 2663.50
DJIA E-mini 24639
close_icon
open_icon