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Potential iShares MSCI Russell Midcap Index (IWR) Trade Targets 2.06% Return

Dec 04, 2017 ( via COMTEX) --

For a hedged play on iShares MSCI Russell Midcap Index (<a href="">IWR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $205 covered call for a net debit in the $200.81 area. That is also the break-even stock price for the covered call. This trade will return 2.06%, or 4.58% annualized (for comparison purposes only), in 165 days. This covered call also provides 2.85% downside protection. The current 52-week low is $176.78 and the 52-week high is $208. iShares MSCI Russell Midcap Index stock has been showing support around $201.86 and resistance in the $209.84 range. The stock closed Dec 1, 2017's trading session at $206.71.A

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