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Randgold Resources (GOLD) Trading Near $98.94 Resistance Level

Jan 12, 2018 ( via COMTEX) --

MarketIntelligenceCenter.comaEUR(TM)s patented algorithms have chosen the Feb 16, 2018 $97.50 call for a couple of hedged-trading ideas on Randgold Resources (<a href="">GOLD</a>). A traditional covered call on Randgold Resources yields 2.90% (30.26% annualized, for comparison purposes only) and provides 3.36% downside protection. For those looking for a higher return and who can tolerate more risk, consider buying the Jan 18, 2019 $60 call and then selling the Feb 16, 2018 $97.50 call for a net debit of $36.25. This trade has a potential return of 3.44% (30.26% annualized, for comparison purposes only), but also carries a greater potential for losses.

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