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Tucows Inc Cl A (TCX) Trading Near $52.22 Support Level

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

For a hedged play on Tucows Inc Cl A (<a href="http://www.marketintelligencecenter.com/symbol/TCX">TCX</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Mar 16, 2018 $50 covered call for a net debit in the $48.75 area. That is also the break-even stock price for the covered call. This trade will return 2.56%, or 26.73% annualized (for comparison purposes only), in 35 days. This covered call also provides 9.47% downside protection. The current 52-week low is $44.15 and the 52-week high is $71.75. Tucows Inc Cl A stock has been showing support around $52.22 and resistance in the $55.91 range. The stock closed Feb 8, 2018's trading session at $53.84.A

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