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Potential Sanmina SCI (SANM) Trade Targets 7.49% Return

Jan 03, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Sanmina SCI (<a href="http://www.marketintelligencecenter.com/symbol/SANM">SANM</a>) could yield about 7.49% (25.55% annualized, for comparison purposes only) in 107 days. Pair a long position in the stock with the Apr 20, 2018 $33 call for a net debit of about $30.69. This position also has 7.80% downside protection. Sanmina SCI closed at $33.29 Jan 2, 2018. Technical indicators for SANM are bearish and support and resistance have been about $32.73 and $33.83, respectively.A

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