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Trimas Corp (TRS) Showing Support Near $25.47

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

For a hedged play on Trimas Corp (<a href="http://www.marketintelligencecenter.com/symbol/TRS">TRS</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $25 covered call for a net debit in the $23.80 area. That is also the break-even stock price for the covered call. This trade will return 5.04%, or 9.68% annualized (for comparison purposes only), in 190 days. This covered call also provides 8.46% downside protection. The current 52-week low is $19.75 and the 52-week high is $28.85. Trimas Corp stock has been showing support around $25.47 and resistance in the $26.37 range. The stock closed Dec 6, 2017's trading session at $26.A

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