Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Tetra Tech (TTEK) Showing Bearish Technicals

Jan 03, 2018 (Marketintelligencecenter.com via COMTEX) --

MarketIntelligenceCenter.com's option-trade picking algorithms have identified an attractive covered-call trade on Tetra Tech (<a href="http://www.marketintelligencecenter.com/symbol/TTEK">TTEK</a>). Look at the Jun 15, 2018 $45 covered call for a net debit in the $43.14 area.<br /> <br /> This trade has a duration of 163 days. The break-even point of this trade is the same as the net debit, which gives this trade 10.56%. If the stock closes at or above $45 at expiration this trade will return 4.28% or 9.60% (for comparison purposes only). <br /> <br /> TTEK closed Jan 2, 2018's trading session at $48.25. In the past year, the stock has hit a 52-week low of $38.85 and 52-week high of $50.90. Tetra Tech stock has been showing support around $47.45 and resistance in the $49.05 range. Technical indicators for the stock are bearish and S&P gives TTEK 4 STARS (out of 5) buy ranking.

(C) Copyright 2018, Marketintelligencecenter.com. 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 63.82
Nat Gas 3.155
Corn 348 6/8
Cotton #2 81.16
Gold 1336.1
Copper 3.2070
Euro 1.22725
USD Index 90.450
SP500 E-mini 2789.00
DJIA E-mini 25939
close_icon
open_icon