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Match Group Inc CS (MTCH) Trading Near $37.83 Resistance Level

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center are highlighting two trades on Match Group Inc CS (<a href="http://www.marketintelligencecenter.com/symbol/MTCH">MTCH</a>) today after it closed at $33.59 on Feb 8, 2018. For more conservative investors, look at a covered call using the Jun 15, 2018 $33 call for a net debit of about $30.20. This trade will return 9.27% (26.85% annualized, for comparison purposes only) as long as the stock closes above $33 at expiration. Match Group Inc CSAcan fall 10.11% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $20 call taking the place of the long stock position and the same short position in the Jun 15, 2018 $33 call. This trade only costs about $10.90 to get into and the rate of return increases to 19.26% (26.85% annualized, for comparison purposes only) but the downside protection falls to 8.03%.

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