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Potential Natural Resource Partners LP (NRP) Trade Targets 3.12% Return

Dec 06, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Natural Resource Partners LP (<a href="">NRP</a>). Look at the Jan 18, 2019 $35 covered call for a net debit in the $33.93 area.<br /> <br /> This trade has a duration of 43 days. The break-even point of this trade is the same as the net debit, which gives this trade 9.09% downside protection. If the stock closes at or above $35 at expiration this trade will return 3.12% or 26.51% (for comparison purposes only). <br /> <br /> NRP closed Dec 5, 2018's trading session at $37.34. In the past year, the stock has hit a 52-week low of $24.06 and 52-week high of $37.75. Natural Resource Partners LP stock has been showing support around $35.72 and resistance in the $38.54 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2018, All rights reserved. ********************************************************************** As of Sunday, 12-02-2018 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system,

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