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

Childrens Place Retail Stores (PLCE) Trading Near $109.23 Support Level

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Childrens Place Retail Stores (<a href="http://www.marketintelligencecenter.com/symbol/PLCE">PLCE</a>) could yield about 5.06% (52.79% annualized, for comparison purposes only) in 35 days. Pair a long position in the stock with the Dec 15, 2017 $110 call for a net debit of about $104.70. This position also has 6.76% downside protection. Childrens Place Retail Stores closed at $112.30 Nov 9, 2017. Technical indicators for PLCE are bearish and support and resistance have been about $109.23 and $116.63, respectively.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 56.68
Nat Gas 3.132
Corn 343
Cotton #2 69.35
Gold 1294.4
Copper 3.0715
Euro 1.18085
USD Index 93.575
SP500 E-mini 2575.75
DJIA E-mini 23316
close_icon
open_icon