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Futures and Commodity Market News (NTES) Trading Near $337.83 Support Level

Jan 03, 2018 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on (<a href="">NTES</a>) today after it closed at $348.36 on Jan 2, 2018. For more conservative investors, look at a covered call using the Feb 16, 2018 $345 call for a net debit of about $326.56. This trade will return 5.64% (46.81% annualized, for comparison purposes only) as long as the stock closes above $345 at expiration. Netease.comAcan fall 6.25% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $175 call taking the place of the long stock position and the same short position in the Feb 16, 2018 $345 call. This trade only costs about $155.94 to get into and the rate of return increases to 9% (46.81% annualized, for comparison purposes only) but the downside protection falls to 5%.

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