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Natural Resource Partners LP (NRP) Trading Near $26.72 Resistance Level

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Natural Resource Partners LP (<a href="http://www.marketintelligencecenter.com/symbol/NRP">NRP</a>) could yield about 7.29% (16.54% annualized, for comparison purposes only) in 161 days. Pair a long position in the stock with the Apr 20, 2018 $25 call for a net debit of about $23.29. This position also has 10.03% downside protection. Natural Resource Partners LP closed at $25.89 Nov 9, 2017. Technical indicators for NRP are bearish and support and resistance have been about $24.74 and $26.72, respectively.A

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