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Potential iShares Russell 1000 Value Index (IWD) Trade Has 4.09% Downside Protection

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on iShares Russell 1000 Value Index (<a href="http://www.marketintelligencecenter.com/symbol/IWD">IWD</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $117 covered call for a net debit in the $114.62 area. That is also the break-even stock price for the covered call. This trade will return 2.06%, or 3.99% annualized (for comparison purposes only), in 189 days. This covered call also provides 4.09% downside protection. The current 52-week low is $106.37 and the 52-week high is $121.24. iShares Russell 1000 Value Index stock has been showing support around $118.48 and resistance in the $120.18 range. The stock closed Nov 9, 2017's trading session at $119.52.A

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