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

iShares Russell 1000 Growth Index (IWF) Showing Resistance Near $133.85

Dec 06, 2017 ( via COMTEX) --

For a hedged play on iShares Russell 1000 Growth Index (<a href="">IWF</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $132 covered call for a net debit in the $128.17 area. That is also the break-even stock price for the covered call. This trade will return 2.98%, or 6.69% annualized (for comparison purposes only), in 163 days. This covered call also provides 3.09% downside protection. The current 52-week low is $103.73 and the 52-week high is $134.50. iShares Russell 1000 Growth Index stock has been showing support around $131.39 and resistance in the $133.85 range. The stock closed Dec 5, 2017's trading session at $132.27.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 574.20
Nat Gas 2.622
Corn 347 4/8
Cotton #2 75.92
Gold 121.9
Copper 3.1395
Euro 1.17500
USD Index 93.929
SP500 E-mini 2683.00
DJIA E-mini 24677