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Mercury Computer Systems (MRCY) Trading Near $52.12 Resistance Level

Jan 03, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Mercury Computer Systems (<a href="">MRCY</a>) could yield about 5.26% (43.66% annualized, for comparison purposes only) in 44 days. Pair a long position in the stock with the Feb 16, 2018 $50 call for a net debit of about $47.50. This position also has 5.37% downside protection. Mercury Computer Systems closed at $50.20 Jan 2, 2018. Technical indicators for MRCY are bearish and support and resistance have been about $48.78 and $52.12, respectively.A

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