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Rice Midstream Partners LP (RMP) Trading Near $18.20 Support Level

Mar 08, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Rice Midstream Partners LP (<a href="">RMP</a>) could yield about 5.74% (9.31% annualized, for comparison purposes only) in 225 days. Pair a long position in the stock with the Oct 19, 2018 $17.50 call for a net debit of about $16.55. This position also has 11.73% downside protection. Rice Midstream Partners LP closed at $18.75 Mar 7, 2018. Technical indicators for RMP are bearish and support and resistance have been about $18.20 and $19.24, respectively.A

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