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Potential Nasdaq Stock Market (NDAQ) Trade Targets 3.16% Return

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

For a hedged play on Nasdaq Stock Market (<a href="http://www.marketintelligencecenter.com/symbol/NDAQ">NDAQ</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Mar 16, 2018 $77.50 covered call for a net debit in the $75.11 area. That is also the break-even stock price for the covered call. This trade will return 3.16%, or 11.68% annualized (for comparison purposes only), in 99 days. This covered call also provides 4.08% downside protection. The current 52-week low is $65.98 and the 52-week high is $80. Nasdaq Stock Market stock has been showing support around $77.50 and resistance in the $79.58 range. The stock closed Dec 6, 2017's trading session at $78.31.A

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