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Sohu.com (SOHU) Trading Near $46.02 Resistance Level

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

A covered call identified by MarketIntelligececenter.com's patented algorithm on Sohu.com (<a href="http://www.marketintelligencecenter.com/symbol/SOHU">SOHU</a>) could yield about 6.86% (25.30% annualized, for comparison purposes only) in 99 days. Pair a long position in the stock with the Mar 16, 2018 $42.50 call for a net debit of about $39.76. This position also has 11.56% downside protection. Sohu.com closed at $44.97 Dec 6, 2017. Technical indicators for SOHU are bearish and support and resistance have been about $44.14 and $46.02, respectively.A

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