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Randgold Resources (GOLD) Trading Near $104.70 Resistance Level

Sep 13, 2017 (Marketintelligencecenter.com via COMTEX) --

MarketIntelligenceCenter.comaEUR(TM)s patented algorithms have chosen the Nov 17, 2017 $100 call for a couple of hedged-trading ideas on Randgold Resources (<a href="http://www.marketintelligencecenter.com/symbol/GOLD">GOLD</a>). A traditional covered call on Randgold Resources yields 3.34% (18.80% annualized, for comparison purposes only) and provides 6.38% downside protection. For those looking for a higher return and who can tolerate more risk, consider buying the Jan 18, 2019 $50 call and then selling the Nov 17, 2017 $100 call for a net debit of $48.25. This trade has a potential return of 3.62% (18.80% annualized, for comparison purposes only), but also carries a greater potential for losses.

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