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Lumber Liquidators (LL) Trading Near $27.28 Support Level

Nov 14, 2017 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on Lumber Liquidators (<a href="">LL</a>) today after it closed at $28.04 on Nov 13, 2017. For more conservative investors, look at a covered call using the May 18, 2018 $27 call for a net debit of about $23.75. This trade will return 13.68% (26.99% annualized, for comparison purposes only) as long as the stock closes above $27 at expiration. Lumber LiquidatorsAcan fall 15.32% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $15 call taking the place of the long stock position and the same short position in the May 18, 2018 $27 call. This trade only costs about $10.40 to get into and the rate of return increases to 15.38% (26.99% annualized, for comparison purposes only) but the downside protection falls to 9.44%.

(C) Copyright 2017, All rights reserved. ********************************************************************** As of Friday, 11-10-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system,

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