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Potential Rice Midstream Partners LP (RMP) Trade Could Hit 7.93% Return

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Rice Midstream Partners LP (<a href="http://www.marketintelligencecenter.com/symbol/RMP">RMP</a>) could yield about 7.93% (17.98% annualized, for comparison purposes only) in 161 days. Pair a long position in the stock with the Jul 20, 2018 $20 call for a net debit of about $18.52. This position also has 8.85% downside protection. Rice Midstream Partners LP closed at $20.32 Feb 8, 2018. Technical indicators for RMP are bearish and support and resistance have been about $19.62 and $21.56, respectively.A

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