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 Oasis Petroleum (OAS) Trade Could Hit 21.21% Return

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

After Dec 6, 2017aEUR(TM)s trading in Oasis Petroleum (<a href="http://www.marketintelligencecenter.com/symbol/OAS">OAS</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 21.21% or 19.02% (for comparison purposes only), while providing 31.95% downside protection. The trade is a Jan 18, 2019 covered call at the $8 level for a net debit of about $6.59. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $9.39 and $10.07, respectively.

(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 57.28
Nat Gas 2.707
Corn 349
Cotton #2 76.06
Gold 1263.8
Copper 3.0870
Euro 1.18045
USD Index 93.560
SP500 E-mini 2663.25
DJIA E-mini 24642
close_icon
open_icon