Return to News Categories

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

Tower Semiconductor (TSEM) Trading Near $31.85 Support Level

Nov 10, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Tower Semiconductor (<a href="">TSEM</a>) could yield about 4.96% (25.87% annualized, for comparison purposes only) in 70 days. Pair a long position in the stock with the Jan 19, 2018 $33 call for a net debit of about $31.44. This position also has 5.41% downside protection. Tower Semiconductor closed at $33.24 Nov 9, 2017. Technical indicators for TSEM are bearish and support and resistance have been about $31.85 and $34.17, respectively.A

(C) Copyright 2017, 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 56.63
Nat Gas 3.078
Corn 343
Cotton #2 69.51
Gold 1292.1
Copper 3.0580
Euro 1.17535
USD Index 93.880
SP500 E-mini 2570.00
DJIA E-mini 23257