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

Potential Natural Gas Services Group (NGS) Trade Has 11.21% Downside Protection

Dec 05, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Natural Gas Services Group (<a href="http://www.marketintelligencecenter.com/symbol/NGS">NGS</a>) could yield about 5.26% (14.12% annualized, for comparison purposes only) in 136 days. Pair a long position in the stock with the Apr 20, 2018 $25 call for a net debit of about $23.75. This position also has 11.21% downside protection. Natural Gas Services Group closed at $26.75 Dec 4, 2017. Technical indicators for NGS are bearish and support and resistance have been about $25.68 and $27.88, respectively.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 574.20
Nat Gas 2.622
Corn 347 4/8
Cotton #2 75.92
Gold 121.9
Copper 3.1395
Euro 1.17500
USD Index 93.929
SP500 E-mini 2683.00
DJIA E-mini 24677
close_icon
open_icon