Return to News Categories

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

Liberty Global (LBTYA) Showing Resistance Near $30.09

Nov 10, 2017 ( via COMTEX) --

For a hedged play on Liberty Global (<a href="">LBTYA</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Apr 20, 2018 $27.50 covered call for a net debit in the $26.10 area. That is also the break-even stock price for the covered call. This trade will return 5.36%, or 12.16% annualized (for comparison purposes only), in 161 days. This covered call also provides 11.82% downside protection. The current 52-week low is $28.17 and the 52-week high is $37.69. Liberty Global stock has been showing support around $29.31 and resistance in the $30.09 range. The stock closed Nov 9, 2017's trading session at $29.60.A

(C) Copyright 2017, 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 56.65
Nat Gas 3.079
Corn 343
Cotton #2 69.35
Gold 1292.4
Copper 3.0600
Euro 1.17620
USD Index 93.825
SP500 E-mini 2570.50
DJIA E-mini 23261