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

Guggenheim Solar ETF (TAN) Trading Near $24.69 Resistance Level

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

A covered call identified by MarketIntelligececenter.com's patented algorithm on Guggenheim Solar ETF (<a href="http://www.marketintelligencecenter.com/symbol/TAN">TAN</a>) could yield about 4.57% (10.37% annualized, for comparison purposes only) in 161 days. Pair a long position in the stock with the Apr 20, 2018 $24 call for a net debit of about $22.95. This position also has 5.74% downside protection. Guggenheim Solar ETF closed at $24.35 Nov 9, 2017. Technical indicators for TAN are bearish and support and resistance have been about $24.03 and $24.69, 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 58.56
Nat Gas 2.899
Corn 345 2/8
Cotton #2 71.14
Gold 1290.7
Copper 3.1480
Euro 1.18630
USD Index 93.135
SP500 E-mini 2597.00
DJIA E-mini 23500
close_icon
open_icon