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Tucows Inc Cl A (TCX) Showing Support Near $57.80

Jan 03, 2018 ( via COMTEX) --

For a hedged play on Tucows Inc Cl A (<a href="">TCX</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Feb 16, 2018 $60 covered call for a net debit in the $58.30 area. That is also the break-even stock price for the covered call. This trade will return 2.91%, or 24.18% annualized (for comparison purposes only), in 44 days. This covered call also provides 7.60% downside protection. The current 52-week low is $35.30 and the 52-week high is $71.75. Tucows Inc Cl A stock has been showing support around $57.80 and resistance in the $72.70 range. The stock closed Jan 2, 2018's trading session at $63.09.A

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