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STAAR Surgical (STAA) Showing Bearish Technicals With Support At $13.28

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

After Nov 9, 2017aEUR(TM)s trading in STAAR Surgical (<a href="http://www.marketintelligencecenter.com/symbol/STAA">STAA</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 7.52% or 21.80% (for comparison purposes only), while providing 9.70% downside protection. The trade is a Mar 16, 2018 covered call at the $15 level for a net debit of about $13.94. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $13.28 and $16.88, respectively.

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