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 Zions Bancorporation (ZION) Trade Has 4.24% Downside Protection

Jan 03, 2018 ( via COMTEX) --

Zions Bancorporation (<a href="">ZION</a>) closed Jan 2, 2018 at $50.70 and technical indicators recently have been bearish. With those figures in place, the algorithms behind's Artificial Intelligence Center have identified a couple of attractive trading opportunities in Zions Bancorporation for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $35 call and a short position in the Feb 16, 2018 $50 call for a net debit of about $14. This trade has an assigned return of 7.14% and 3.35% downside protection. For more a more conservative play, look at a covered call using the Feb 16, 2018 $50 call for a $14 net debit. This trade has an assigned return of 2.98% but the downside protection increases to 4.24%. Over the last 52 weeks the stock has traded between $38.43 and $52.20.A

(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 63.43
Nat Gas 3.168
Corn 348 6/8
Cotton #2 81.40
Gold 1336.1
Copper 3.2030
Euro 1.22555
USD Index 90.495
SP500 E-mini 2792.50
DJIA E-mini 25964