Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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 Lumber Liquidators (LL) Trade Could Hit 8.30% Return

Jan 12, 2018 (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 $31.79 on Jan 11, 2018. For more conservative investors, look at a covered call using the Apr 20, 2018 $30 call for a net debit of about $27.70. This trade will return 8.30% (30.92% annualized, for comparison purposes only) as long as the stock closes above $30 at expiration. Lumber Liquidators can fall 12.89% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $3 call taking the place of the long stock position and the same short position in the Apr 20, 2018 $30 call. This trade only costs about $25.34 to get into and the rate of return increases to 6.50% (30.92% annualized, for comparison purposes only) but the downside protection falls to 10.84%.

(C) Copyright 2018, Marketintelligencecenter.com. All rights reserved. ********************************************************************** As of Monday, 01-08-2018 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system,

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 63.94
Nat Gas 3.261
Corn 351 2/8
Cotton #2 83.61
Gold 1336.0
Copper 3.2005
Euro 1.23035
USD Index 90.140
SP500 E-mini 2836.25
DJIA E-mini 26235
close_icon
open_icon