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

Pegasystems Inc (PEGA) Trading Near $49.07 Resistance Level

Feb 09, 2018 ( via COMTEX) --

For a hedged play on Pegasystems Inc (<a href="">PEGA</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $45 covered call for a net debit in the $41 area. That is also the break-even stock price for the covered call. This trade will return 9.75%, or 28.26% annualized (for comparison purposes only), in 126 days. This covered call also provides 11.82% downside protection. The current 52-week low is $38.35 and the 52-week high is $64.85. Pegasystems Inc stock has been showing support around $45.17 and resistance in the $49.07 range. The stock closed Feb 8, 2018's trading session at $46.50.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 61.77
Nat Gas 2.650
Corn 368 6/8
Cotton #2 77.38
Gold 1339.8
Copper 3.1820
Euro 1.23570
USD Index 89.575
SP500 E-mini 2715.75
DJIA E-mini 25041