Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Okta Inc Class A (OKTA) Trading Near $41.18 Resistance Level

Mar 08, 2018 ( via COMTEX) --

For a hedged play on Okta Inc Class A (<a href="">OKTA</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $35 covered call for a net debit in the $33.43 area. That is also the break-even stock price for the covered call. This trade will return 4.66%, or 23.98% annualized (for comparison purposes only), in 71 days. This covered call also provides 14.56% downside protection. The current 52-week low is $21.52 and the 52-week high is $39.61. Okta Inc Class A stock has been showing support around $36 and resistance in the $41.18 range. The stock closed Mar 7, 2018's trading session at $39.13.A

(C) Copyright 2018, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 62.26
Nat Gas 2.659
Corn 376 2/8
Cotton #2 81.23
Gold 1316.1
Copper 3.0800
Euro 1.23155
USD Index 89.460
SP500 E-mini 2723.25
DJIA E-mini 24671