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Randgold Resources (GOLD) Trading Near $89.84 Support Level

Nov 14, 2017 (Marketintelligencecenter.com via COMTEX) --

Randgold Resources (<a href="http://www.marketintelligencecenter.com/symbol/GOLD">GOLD</a>) closed Nov 13, 2017 at $90.56 and technical indicators recently have been bearish. MarketIntelligenceCenter.com's patented option-trade picking algorithms have identified an attractive trading opportunity in Randgold Resources for today. For a conservative trade, look at a covered call using the Dec 15, 2017 $90 call for a $46.50 net debit. This trade has an assigned return of 2.54% but the downside protection increases to 3.09%. Over the last 52 weeks the stock has traded between $67.54 and $108.29.A

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