Return to News Categories

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

Raven Industries Inc (RAVN) Showing Resistance Near $35.73

Feb 09, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Raven Industries Inc (<a href="">RAVN</a>). Look at the May 18, 2018 $30 covered call for a net debit in the $29.05 area.<br /> <br /> This trade has a duration of 98 days. The break-even point of this trade is the same as the net debit, which gives this trade 15.42% downside protection. If the stock closes at or above $30 at expiration this trade will return 3.27% or 12.17% (for comparison purposes only). <br /> <br /> RAVN closed Feb 8, 2018's trading session at $34.34. In the past year, the stock has hit a 52-week low of $23.95 and 52-week high of $40.85. Raven Industries Inc stock has been showing support around $33.39 and resistance in the $35.73 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2018, 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 61.34
Nat Gas 2.630
Corn 365 2/8
Cotton #2 79.07
Gold 1329.8
Copper 3.1860
Euro 1.23575
USD Index 89.705
SP500 E-mini 2720.25
DJIA E-mini 24995