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

Potential Tucows Inc Cl A (TCX) Trade Has 3.98% Downside Protection

Nov 10, 2017 (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 Dec 15, 2017 $60 covered call for a net debit in the $57.80 area. That is also the break-even stock price for the covered call. This trade will return 3.80%, or 39.69% annualized (for comparison purposes only), in 35 days. This covered call also provides 3.98% downside protection. The current 52-week low is $29.40 and the 52-week high is $63.20. Tucows Inc Cl A stock has been showing support around $58.80 and resistance in the $60.90 range. The stock closed Nov 9, 2017's trading session at $60.20.A

(C) Copyright 2017, 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 58.45
Nat Gas 2.914
Corn 345 2/8
Cotton #2 71.14
Gold 1291.6
Copper 3.1540
Euro 1.18670
USD Index 93.075
SP500 E-mini 2597.50
DJIA E-mini 23519
close_icon
open_icon