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 Royal Gold (RGLD) Trade Could Hit 3.25% Return

Oct 12, 2018 ( via COMTEX) --'s option-trade picking algorithms have identified an attractive covered-call trade on Royal Gold (<a href="">RGLD</a>). Look at the Nov 16, 2018 $77.50 covered call for a net debit in the $75.06 area.<br /> <br /> This trade has a duration of 35 days. The break-even point of this trade is the same as the net debit, which gives this trade 5.05%. If the stock closes at or above $77.50 at expiration this trade will return 3.25% or 33.90% (for comparison purposes only). <br /> <br /> RGLD closed Oct 11, 2018's trading session at $79.05. In the past year, the stock has hit a 52-week low of $71.91 and 52-week high of $98.53. Royal Gold stock has been showing support around $73.51 and resistance in the $82.53 range. Technical indicators for the stock are bearish and S&P gives RGLD 3 STARS (out of 5) hold ranking.

(C) Copyright 2018, 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 66.08
Nat Gas 3.198
Corn 370 2/8
Cotton #2 78.59
Gold 1236.2
Copper 2.7520
Euro 1.15305
USD Index 95.600
SP500 E-mini 2714.50
DJIA E-mini 24930