Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Vanguard S&P 500 ETF (VOO) Showing Bearish Technicals With Support At $233.69

Jan 11, 2019 (Marketintelligencecenter.com via COMTEX) --

MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Vanguard S&P 500 ETF (<a href="http://www.marketintelligencecenter.com/symbol/VOO">VOO</a>). Look at the Apr 18, 2019 $235 covered call for a net debit in the $227.80 area.<br /> <br /> This trade has a duration of 97 days. The break-even point of this trade is the same as the net debit, which gives this trade 4.28% downside protection. If the stock closes at or above $235 at expiration this trade will return 3.16% or 11.89% (for comparison purposes only). <br /> <br /> VOO closed Jan 10, 2019's trading session at $238. In the past year, the stock has hit a 52-week low of $214.83 and 52-week high of $270.67. Vanguard S&P 500 ETF stock has been showing support around $233.69 and resistance in the $240.33 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2019, Marketintelligencecenter.com. 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 53.76
Nat Gas 9.483
Corn 381 6/8
Cotton #2 73.89
Gold 1281.3
Copper 2.7120
Euro 1.14200
USD Index 95.993
SP500 E-mini 2677.00
DJIA E-mini 24687
close_icon
open_icon