Return to News Categories

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

Regeneron Pharmaceuticals (REGN) Trading Near $383.24 Resistance Level

Dec 07, 2017 ( via COMTEX) --

For a hedged play on Regeneron Pharmaceuticals (<a href="">REGN</a>) MarketIntelligenceCenter.comaEUR(TM)s patented trade-picking algorithms selected a Jan 19, 2018 $375 covered call for a net debit in the $359.82 area. That is also the break-even stock price for the covered call. This trade will return 4.21%, or 35.78% annualized (for comparison purposes only), in 43 days. This covered call also provides 4.07% downside protection. A lower-cost play on Regeneron Pharmaceuticals would use a longer term call option in place of the long position in the stock. Look at the Jan 18, 2019 $175 call and the same sold call for a net debit of $191.59.This trade only has 2.27% downside protection, but the assigned return rate rises to 4.38% or an annualized rate of 37.21% (for comparison purposes only). The current 52-week low is $340.09 and the 52-week high is $543.55. Regeneron Pharmaceuticals stock has been showing support around $362.60 and resistance in the $383.24 range. The stock closed Dec 6, 2017's trading session at $375.13.A

(C) Copyright 2017, 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 57.33
Nat Gas 2.704
Corn 349
Cotton #2 76.07
Gold 1263.4
Copper 3.0870
Euro 1.18040
USD Index 93.555
SP500 E-mini 2664.00
DJIA E-mini 24645