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Sarepta Therapeutics (SRPT) Trading Near $53.82 Resistance Level

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

Sarepta Therapeutics (<a href="http://www.marketintelligencecenter.com/symbol/SRPT">SRPT</a>) closed Nov 9, 2017 at $52.16 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 Sarepta Therapeutics for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $10 call and a short position in the Dec 15, 2017 $50 call for a net debit of about $38.85. This trade has an assigned return of 2.96% and 6.36% downside protection. For more a more conservative play, look at a covered call using the Dec 15, 2017 $50 call for a $38.85 net debit. This trade has an assigned return of 4.66% but the downside protection increases to 8.43%. Over the last 52 weeks the stock has traded between $26.26 and $57.57.A

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