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

Feb 14, 2018 ( via COMTEX) --

Lumber Liquidators (<a href="">LL</a>) closed Feb 13, 2018 at $23.12 and technical indicators recently have been bearish. With those figures in place, the algorithms behind'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

(C) Copyright 2018, All rights reserved. ********************************************************************** As of Saturday, 02-10-2018 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system

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