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Lumber Liquidators (LL) Showing Bearish Technicals With Support At $21.34

Feb 14, 2018 (Marketintelligencecenter.com via COMTEX) --

Lumber Liquidators (<a href="http://www.marketintelligencecenter.com/symbol/LL">LL</a>) closed Feb 13, 2018 at $23.12 and technical indicators recently have been bearish. With those figures in place, the algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have identified a couple of attractive trading opportunities in Lumber Liquidators for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $10 call and a short position in the Aug 17, 2018 $20 call for a net debit of about $8.84. This trade has an assigned return of 12.99% and 18.50% downside protection. For more a more conservative play, look at a covered call using the Aug 17, 2018 $20 call for a $8.84 net debit. This trade has an assigned return of 10.92% but the downside protection increases to 22.04%. Over the last 52 weeks the stock has traded between $15.25 and $41.33.A

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