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Nanometrics (NANO) Trading Near $25.75 Support Level

Nov 10, 2017 ( via COMTEX) --

For a hedged play on Nanometrics (<a href="">NANO</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Mar 16, 2018 $26 covered call for a net debit in the $24.24 area. That is also the break-even stock price for the covered call. This trade will return 7.26%, or 21.03% annualized (for comparison purposes only), in 126 days. This covered call also provides 9% downside protection. The current 52-week low is $21.60 and the 52-week high is $32.42. Nanometrics stock has been showing support around $25.75 and resistance in the $27.45 range. The stock closed Nov 9, 2017's trading session at $26.63.A

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