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Murphy Oil (MUR) Trading Near $26.55 Resistance Level

May 19, 2017 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on Murphy Oil (<a href="">MUR</a>) today after it closed at $25.90 on May 18, 2017. For more conservative investors, look at a covered call using the Oct 20, 2017 $25 call for a net debit of about $23.10. This trade will return 8.17% (19.38% annualized, for comparison purposes only) as long as the stock closes above $25 at expiration. Murphy OilAcan fall 10.80% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 19, 2018 $17.50 call taking the place of the long stock position and the same short position in the Oct 20, 2017 $25 call. This trade only costs about $6.29 to get into and the rate of return increases to 19.04% (19.38% annualized, for comparison purposes only) but the downside protection falls to 8.14%.

(C) Copyright 2017, All rights reserved. ********************************************************************** As of Monday, 05-15-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system

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