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

Sun Hydraulics Cor (SNHY) Showing Bearish Technicals

Dec 07, 2017 ( via COMTEX) --

For a hedged play on Sun Hydraulics Cor (<a href="">SNHY</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $55 covered call for a net debit in the $52.01 area. That is also the break-even stock price for the covered call. This trade will return 5.72%, or 11% annualized (for comparison purposes only), in 190 days. This covered call also provides 10.49% downside protection. The current 52-week low is $34.17 and the 52-week high is $63.63. Sun Hydraulics Cor stock has been showing support around $57.46 and resistance in the $58.90 range. The stock closed Dec 6, 2017's trading session at $58.11.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 57.54
Nat Gas 2.709
Corn 348 6/8
Cotton #2 73.67
Gold 1243.3
Copper 3.0520
Euro 1.17495
USD Index 93.990
SP500 E-mini 2668.50
DJIA E-mini 24561