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Potential Wingstop Inc (WING) Trade Targets 6.41% Return

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

A covered call identified by MarketIntelligececenter.com's patented algorithm on Wingstop Inc (<a href="http://www.marketintelligencecenter.com/symbol/WING">WING</a>) could yield about 6.41% (12.32% annualized, for comparison purposes only) in 190 days. Pair a long position in the stock with the Jun 15, 2018 $35 call for a net debit of about $32.89. This position also has 16.07% downside protection. Wingstop Inc closed at $39.18 Dec 6, 2017. Technical indicators for WING are bearish and support and resistance have been about $38.12 and $40.94, respectively.A

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