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Natural Resource Partners LP (NRP) Trading Near $31.70 Support Level

May 16, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Natural Resource Partners LP (<a href="">NRP</a>) could yield about 4.16% (23.39% annualized, for comparison purposes only) in 65 days. Pair a long position in the stock with the Jul 20, 2018 $30 call for a net debit of about $28.79. This position also has 10.83% downside protection. Natural Resource Partners LP closed at $32.29 May 15, 2018. Technical indicators for NRP are bearish and support and resistance have been about $31.70 and $32.90, respectively.A

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