Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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 iShares Russell 2000 Growth Index (IWO) Trade Has 4.50% Downside Protection

Jan 03, 2018 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on iShares Russell 2000 Growth Index (<a href="http://www.marketintelligencecenter.com/symbol/IWO">IWO</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $186 covered call for a net debit in the $180.02 area. That is also the break-even stock price for the covered call. This trade will return 3.32%, or 8.98% annualized (for comparison purposes only), in 135 days. This covered call also provides 4.50% downside protection. The current 52-week low is $153.50 and the 52-week high is $188.62. iShares Russell 2000 Growth Index stock has been showing support around $185.89 and resistance in the $189.85 range. The stock closed Jan 2, 2018's trading session at $188.52.A

(C) Copyright 2018, Marketintelligencecenter.com. 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 63.72
Nat Gas 3.092
Corn 346 2/8
Cotton #2 81.25
Gold 1335.0
Copper 3.2080
Euro 1.22875
USD Index 90.360
SP500 E-mini 2794.75
DJIA E-mini 25949
close_icon
open_icon