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Neos Therapeutics (NEOS) Trading Near $9.87 Support Level

Nov 10, 2017 ( via COMTEX) --

For a hedged play on Neos Therapeutics (<a href="">NEOS</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $10 covered call for a net debit in the $9.10 area. That is also the break-even stock price for the covered call. This trade will return 9.89%, or 19.09% annualized (for comparison purposes only), in 189 days. This covered call also provides 11.65% downside protection. The current 52-week low is $4.85 and the 52-week high is $13.15. Neos Therapeutics stock has been showing support around $9.87 and resistance in the $10.97 range. The stock closed Nov 9, 2017's trading session at $10.30.A

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