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

G-X Nasdaq China Tech ETF (QQQC) Trading Near $30.48 Resistance Level

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on G-X Nasdaq China Tech ETF (<a href="http://www.marketintelligencecenter.com/symbol/QQQC">QQQC</a>) could yield about 3.97% (11.50% annualized, for comparison purposes only) in 126 days. Pair a long position in the stock with the Jun 15, 2018 $28 call for a net debit of about $26.92. This position also has 6.59% downside protection. G-X Nasdaq China Tech ETF closed at $28.82 Feb 8, 2018. Technical indicators for QQQC are bearish and support and resistance have been about $27.95 and $30.48, respectively.A

(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 62.73
Nat Gas 2.608
Corn 367 2/8
Cotton #2 79.77
Gold 1330.1
Copper 3.2165
Euro 1.23150
USD Index 89.875
SP500 E-mini 2716.75
DJIA E-mini 25070
close_icon
open_icon