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 MB Financial (MBFI) Trade Targets 3.89% Return

Nov 10, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on MB Financial (<a href="">MBFI</a>) could yield about 3.89% (7.52% annualized, for comparison purposes only) in 189 days. Pair a long position in the stock with the May 18, 2018 $40 call for a net debit of about $38.50. This position also has 10.25% downside protection. MB Financial closed at $42.90 Nov 9, 2017. Technical indicators for MBFI are bearish and support and resistance have been about $41.83 and $44.27, 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 58.44
Nat Gas 2.918
Corn 345 2/8
Cotton #2 71.14
Gold 1291.8
Copper 3.1535
Euro 1.18665
USD Index 93.085
SP500 E-mini 2597.25
DJIA E-mini 23519