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Werner Enterprises (WERN) Showing Support Near $36.40

Dec 07, 2017 ( via COMTEX) --

For a hedged play on Werner Enterprises (<a href="">WERN</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $35 covered call for a net debit in the $33.10 area. That is also the break-even stock price for the covered call. This trade will return 5.74%, or 11.02% annualized (for comparison purposes only), in 190 days. This covered call also provides 11.73% downside protection. The current 52-week low is $24.20 and the 52-week high is $38.95. Werner Enterprises stock has been showing support around $36.40 and resistance in the $38.20 range. The stock closed Dec 6, 2017's trading session at $37.50.A

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