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

Dec 06, 2018 (Marketintelligencecenter.com via COMTEX) --

MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Natural Resource Partners LP (<a href="http://www.marketintelligencecenter.com/symbol/NRP">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, Marketintelligencecenter.com. All rights reserved. ********************************************************************** As of Sunday, 12-02-2018 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 51.20
Nat Gas 4.092
Corn 385 2/8
Cotton #2 79.97
Gold 1250.3
Copper 2.7645
Euro 1.13660
USD Index 97.090
SP500 E-mini 2651.25
DJIA E-mini 24558
close_icon
open_icon