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Potential Xencor Inc (XNCR) Trade Targets 4.20% Return

Mar 08, 2018 ( via COMTEX) --

For a hedged play on Xencor Inc (<a href="">XNCR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $30 covered call for a net debit in the $28.78 area. That is also the break-even stock price for the covered call. This trade will return 4.20%, or 21.60% annualized (for comparison purposes only), in 71 days. This covered call also provides 10.56% downside protection. The current 52-week low is $18.55 and the 52-week high is $32.71. Xencor Inc stock has been showing support around $30.74 and resistance in the $33.06 range. The stock closed Mar 7, 2018's trading session at $32.18.A

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