Mar 21, 2017 (Marketintelligencecenter.com via COMTEX) --
A covered call identified by MarketIntelligececenter.com's patented algorithm on US Oil (<a href="http://www.marketintelligencecenter.com/symbol/USO">USO</a>) could yield about 11.33% (13.58% annualized, for comparison purposes only) in 305 days. Pair a long position in the stock with the Jan 19, 2018 $10 call for a net debit of about $8.98. This position also has 13.06% downside protection. US Oil closed at $10.32 Mar 17, 2017. Technical indicators for USO are bearish and support and resistance have been about $10.25 and $10.47, respectively.A
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