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TeleTech (TTEC) Showing Resistance Near $37.08

Feb 09, 2018 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on TeleTech (<a href="http://www.marketintelligencecenter.com/symbol/TTEC">TTEC</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Apr 20, 2018 $35 covered call for a net debit in the $33.70 area. That is also the break-even stock price for the covered call. This trade will return 3.85%, or 20.11% annualized (for comparison purposes only), in 70 days. This covered call also provides 4.66% downside protection. The current 52-week low is $28.20 and the 52-week high is $43.75. TeleTech stock has been showing support around $34.43 and resistance in the $37.08 range. The stock closed Feb 8, 2018's trading session at $35.34.A

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