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Nuance Communications (NUAN) Showing Bearish Technicals With Support At $14.45

Nov 10, 2017 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center Aare highlighting two trades on Nuance Communications (<a href="">NUAN</a>) today after it closed at $14.98 on Nov 9, 2017. For more conservative investors, look at a covered call using the Apr 20, 2018 $14 call for a net debit of about $13.14. This trade will return 6.54% (14.83% annualized, for comparison purposes only) as long as the stock closes above $14 at expiration. Nuance Communications can fall 12.34% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $5 call taking the place of the long stock position and the same short position in the Apr 20, 2018 $14 call. This trade only costs about $8.40 to get into and the rate of return increases to 7.14% (14.83% annualized, for comparison purposes only) but the downside protection falls to 10.60%.

(C) Copyright 2017, All rights reserved. ********************************************************************** As of Monday, 11-06-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system,

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