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Potential Malibu Boats Cmn A (MBUU) Trade Has 21.33% Downside Protection

Feb 09, 2018 ( via COMTEX) --

For a hedged play on Malibu Boats Cmn A (<a href="">MBUU</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Aug 17, 2018 $25 covered call for a net debit in the $23.60 area. That is also the break-even stock price for the covered call. This trade will return 5.93%, or 11.45% annualized (for comparison purposes only), in 189 days. This covered call also provides 21.33% downside protection. The current 52-week low is $20.21 and the 52-week high is $34.88. Malibu Boats Cmn A stock has been showing support around $29.13 and resistance in the $31.43 range. The stock closed Feb 8, 2018's trading session at $30.A

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