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Interface Inc (TILE) Showing Bearish Technicals With Resistance At $25.63

Mar 08, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Interface Inc (<a href="">TILE</a>). Look at the Jul 20, 2018 $25 covered call for a net debit in the $23.64 area.<br /> <br /> This trade has a duration of 134 days. The break-even point of this trade is the same as the net debit, which gives this trade 6.15% downside protection. If the stock closes at or above $25 at expiration this trade will return 5.70% or 15.54% (for comparison purposes only). <br /> <br /> TILE closed Mar 7, 2018's trading session at $25.20. In the past year, the stock has hit a 52-week low of $17.83 and 52-week high of $26.25. Interface Inc stock has been showing support around $24.43 and resistance in the $25.63 range. Recent technical indicators for the stock are bearish.

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