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

Par Petroleum Corp (PARR) Trading Near $16.35 Support Level

Dec 06, 2018 ( via COMTEX) --

For a hedged play on Par Petroleum Corp (<a href="">PARR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 21, 2019 $15 covered call for a net debit in the $14.09 area. That is also the break-even stock price for the covered call. This trade will return 6.29%, or 11.67% annualized (for comparison purposes only), in 197 days. This covered call also provides 16.30% downside protection. The current 52-week low is $16.10 and the 52-week high is $21.34. Par Petroleum Corp stock has been showing support around $16.35 and resistance in the $17.71 range. The stock closed Dec 5, 2018's trading session at $16.85.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 51.20
Nat Gas 4.092
Corn 385 2/8
Cotton #2 79.97
Gold 1250.3
Copper 2.7645
Euro 1.13660
USD Index 97.090
SP500 E-mini 2651.25
DJIA E-mini 24558