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

Anadarko Petroleum (APC) Showing Bearish Technicals With Support At $52.75

Feb 07, 2018 (Marketintelligencecenter.com via COMTEX) --

After Feb 6, 2018aEUR(TM)s trading in Anadarko Petroleum (<a href="http://www.marketintelligencecenter.com/symbol/APC">APC</a>) the option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center uncovered a trade that offers a 3.59% return, or 35.49% annualized (for comparison purposes only), while providing 7.65% downside protection. The trade is a Mar 16, 2018 covered call at the $55 level for a net debit of about $53.09. The net debit is also the breakeven point for this trade. Standard & PooraEUR(TM)s has a 3 STARS (out of 5) hold ranking on Anadarko Petroleum. Technical indicators for the stock have been bearish and support and resistance have been in the area of $52.75 and $59.93, respectively.

(C) Copyright 2018, 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 61.33
Nat Gas 2.630
Corn 365
Cotton #2 79.07
Gold 1329.7
Copper 3.1860
Euro 1.23585
USD Index 89.685
SP500 E-mini 2720.75
DJIA E-mini 24999
close_icon
open_icon