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RBC Bearings (ROLL) Showing Resistance Near $133.81

Dec 07, 2017 ( via COMTEX) --

For a hedged play on RBC Bearings (<a href="">ROLL</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jan 19, 2018 $125 covered call for a net debit in the $122.39 area. That is also the break-even stock price for the covered call. This trade will return 2.12%, or 18.03% annualized (for comparison purposes only), in 43 days. This covered call also provides 4.07% downside protection. The current 52-week low is $83.80 and the 52-week high is $139.95. RBC Bearings stock has been showing support around $123.95 and resistance in the $133.81 range. The stock closed Dec 6, 2017's trading session at $127.59.A

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