The covered call involves writing a call option contract while holding an equivalent number of shares of the underlying stock. It is also commonly referred to as a "buy-write" if the stock and options are purchased at the same time.
Current price: $7.04
Purchase price: $704
Num. shares: #300
Total cost: $2,112
Option: 20th April $9.00 ...
BKD is a stock in the healthcare sector which has the potential to rally this week. RSI is uptrending after bouncing off oversold levels. MACD positively crossed over and is diverging, Price Oscillator crossed over and is diverging. Volume dried up and is starting to expand on positive price action. It gapped up today so I have a tight stop loss set at 12.50 in ...
Was sold aggressively on Fri into strong long-term support at 14.30 area. Closed into day's low, huge volumes. To me this is a sign for local downtrend continuation w/target at 13.00 zone.
5 mins chart:
Brookdale Senior living is showing a bounce off a strong resistance line.
-Sellers attempted to force stock down further but were unsuccessful, as evidenced by the hammer candle.
- Enter LONG with a price target of $16, slightly below the previous peak, to avoid extra unnecessary risk.
- Set stop loss at $14.10, below the main resistance line. Get out ...