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Potential iShares MSCI Russell Midcap Index (IWR) Trade Has 3.13% Downside Protection

Dec 01, 2017 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on iShares MSCI Russell Midcap Index (<a href="http://www.marketintelligencecenter.com/symbol/IWR">IWR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $205 covered call for a net debit in the $200.65 area. That is also the break-even stock price for the covered call. This trade will return 2.16%, or 4.71% annualized (for comparison purposes only), in 168 days. This covered call also provides 3.13% downside protection. The current 52-week low is $176.43 and the 52-week high is $208. iShares MSCI Russell Midcap Index stock has been showing support around $205.44 and resistance in the $208.86 range. The stock closed Nov 30, 2017's trading session at $207.14.A

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