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

Potential Global Brass and Copper Holdin (BRSS) Trade Has 14.49% Downside Protection

Oct 11, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Global Brass and Copper Holdin (<a href="">BRSS</a>) could yield about 3.80% (7.27% annualized, for comparison purposes only) in 191 days. Pair a long position in the stock with the Apr 20, 2018 $30 call for a net debit of about $28.89. This position also has 14.49% downside protection. Global Brass and Copper Holdin closed at $33.79 Oct 10, 2017. Technical indicators for BRSS are bearish and support and resistance have been about $33.27 and $34.57, respectively.A

(C) Copyright 2017, 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 52.13
Nat Gas 2.990
Corn 345
Cotton #2 68.25
Gold 1277.1
Copper 3.1720
Euro 1.17765
USD Index 93.840
SP500 E-mini 2576.25
DJIA E-mini 23300