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Royal Gold (RGLD) Trading Near $79.80 Support Level

Feb 13, 2018 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on Royal Gold (<a href="">RGLD</a>) today after it closed at $83.25 on Feb 12, 2018. For more conservative investors, look at a covered call using the Mar 16, 2018 $82.50 call for a net debit of about $79.84. This trade will return 3.31% (39.07% annualized, for comparison purposes only) as long as the stock closes above $82.50 at expiration. Royal GoldAcan fall 4.08% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $35 call taking the place of the long stock position and the same short position in the Mar 16, 2018 $82.50 call. This trade only costs about $46.29 to get into and the rate of return increases to 2.59% (39.07% annualized, for comparison purposes only) but the downside protection falls to 2.34%.

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