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Potential Lumber Liquidators (LL) Trade Could Hit 14.94% Return

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center Aare highlighting two trades on Lumber Liquidators (<a href="http://www.marketintelligencecenter.com/symbol/LL">LL</a>) today after it closed at $29.43 on Nov 9, 2017. For more conservative investors, look at a covered call using the May 18, 2018 $29 call for a net debit of about $25.23. This trade will return 14.94% (28.85% annualized, for comparison purposes only) as long as the stock closes above $29 at expiration. Lumber Liquidators can fall 14.27% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $17 call taking the place of the long stock position and the same short position in the May 18, 2018 $29 call. This trade only costs about $10.05 to get into and the rate of return increases to 19.40% (28.85% annualized, for comparison purposes only) but the downside protection falls to 8.08%.

(C) Copyright 2017, Marketintelligencecenter.com. 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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