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

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

Dec 07, 2017 ( via COMTEX) --

For a hedged play on Nasdaq Stock Market (<a href="">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

(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 57.37
Nat Gas 2.644
Corn 347
Cotton #2 76.20
Gold 1257.9
Copper 3.1200
Euro 1.17595
USD Index 93.405
SP500 E-mini 2686.75
DJIA E-mini 24752