Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Royal Gold (RGLD) Trading Near $86.10 Support Level

Oct 12, 2017 (Marketintelligencecenter.com via COMTEX) --

Royal Gold (<a href="http://www.marketintelligencecenter.com/symbol/RGLD">RGLD</a>) closed Oct 11, 2017 at $88.34 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 Royal Gold for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $35 call and a short position in the Nov 17, 2017 $87.50 call for a net debit of about $50.85. This trade has an assigned return of 3.24% and 2.82% downside protection. For more a more conservative play, look at a covered call using the Nov 17, 2017 $87.50 call for a $50.85 net debit. This trade has an assigned return of 2.88% but the downside protection increases to 3.73%. Over the last 52 weeks the stock has traded between $60.21 and $94.39.A

(C) Copyright 2017, Marketintelligencecenter.com. 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 52.03
Nat Gas 2.882
Corn 349 4/8
Cotton #2 67.74
Gold 1280.1
Copper 3.1775
Euro 1.18365
USD Index 93.265
SP500 E-mini 2558.50
DJIA E-mini 23106
close_icon
open_icon