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Potential Trimas Corp (TRS) Trade Could Hit 3.95% Return

Mar 08, 2018 ( via COMTEX) --

For a hedged play on Trimas Corp (<a href="">TRS</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $25 covered call for a net debit in the $24.05 area. That is also the break-even stock price for the covered call. This trade will return 3.95%, or 14.56% annualized (for comparison purposes only), in 99 days. This covered call also provides 8.55% downside protection. The current 52-week low is $19.75 and the 52-week high is $28.85. Trimas Corp stock has been showing support around $25.43 and resistance in the $26.93 range. The stock closed Mar 7, 2018's trading session at $26.29.A

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