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Potential Web.Com Group Inc (WEB) Trade Could Hit 7.52% Return

Jan 03, 2018 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on Web.Com Group Inc (<a href="http://www.marketintelligencecenter.com/symbol/WEB">WEB</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $20 covered call for a net debit in the $18.60 area. That is also the break-even stock price for the covered call. This trade will return 7.52%, or 16.85% annualized (for comparison purposes only), in 163 days. This covered call also provides 15.83% downside protection. The current 52-week low is $17.25 and the 52-week high is $25.95. Web.Com Group Inc stock has been showing support around $21.73 and resistance in the $22.43 range. The stock closed Jan 2, 2018's trading session at $22.10.A

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