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Retrophin Inc (RTRX) Showing Bearish Technicals

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

Retrophin Inc (<a href="http://www.marketintelligencecenter.com/symbol/RTRX">RTRX</a>) closed Feb 8, 2018 at $21.29 and technical indicators recently have been bearish. With those figures in place, the algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have identified a couple of attractive trading opportunities in Retrophin Inc for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $12.50 call and a short position in the Sep 21, 2018 $20 call for a net debit of about $6.45. This trade has an assigned return of 16.27% and 11.03% downside protection. For more a more conservative play, look at a covered call using the Sep 21, 2018 $20 call for a $6.45 net debit. This trade has an assigned return of 10.49% but the downside protection increases to 15.02%. Over the last 52 weeks the stock has traded between $15.55 and $26.44.A

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