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Potential Oil States International (OIS) Trade Targets 6.95% Return

May 19, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Oil States International (<a href="http://www.marketintelligencecenter.com/symbol/OIS">OIS</a>) could yield about 6.95% (21.32% annualized, for comparison purposes only) in 119 days. Pair a long position in the stock with the Sep 15, 2017 $30 call for a net debit of about $28.05. This position also has 7.11% downside protection. Oil States International closed at $30.20 May 18, 2017. Technical indicators for OIS are bearish and support and resistance have been about $28.41 and $31.27, respectively.A

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