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Potential Lumber Liquidators (LL) Trade Has 14.82% Downside Protection

Nov 13, 2017 (Marketintelligencecenter.com via COMTEX) --

Lumber Liquidators (<a href="http://www.marketintelligencecenter.com/symbol/LL">LL</a>) closed Nov 10, 2017 at $29 and technical indicators recently have been bearish. With those figures in place, the algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have identified a couple of attractive trading opportunities in Lumber Liquidators for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $13 call and a short position in the May 18, 2018 $28 call for a net debit of about $12.58. This trade has an assigned return of 19.03% and 11.72% downside protection. For more a more conservative play, look at a covered call using the May 18, 2018 $28 call for a $12.58 net debit. This trade has an assigned return of 13.34% but the downside protection increases to 14.82%. Over the last 52 weeks the stock has traded between $14.99 and $41.33.A

(C) Copyright 2017, Marketintelligencecenter.com. All rights reserved. ********************************************************************** As of Thursday, 11-09-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system

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