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

iShares Russell 2000 Growth Index (IWO) Showing Support Near $184.20

Nov 30, 2017 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on iShares Russell 2000 Growth Index (<a href="http://www.marketintelligencecenter.com/symbol/IWO">IWO</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Feb 16, 2018 $185 covered call for a net debit in the $180.31 area. That is also the break-even stock price for the covered call. This trade will return 2.60%, or 12.17% annualized (for comparison purposes only), in 78 days. This covered call also provides 2.96% downside protection. The current 52-week low is $149.80 and the 52-week high is $187.38. iShares Russell 2000 Growth Index stock has been showing support around $184.20 and resistance in the $188.18 range. The stock closed Nov 29, 2017's trading session at $185.80.A

(C) Copyright 2017, 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 57.55
Nat Gas 2.811
Corn 350 6/8
Cotton #2 73.77
Gold 1252.8
Copper 2.9790
Euro 1.17985
USD Index 93.755
SP500 E-mini 2651.75
DJIA E-mini 24347
close_icon
open_icon