Potential Teradata Corporation (TDC) Trade Targets 5.48% Return
Dec 07, 2017 (Marketintelligencecenter.com via COMTEX News Network) -- MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Teradata Corporation (TDC). Look at the Apr 20, 2018 $35 covered call for a net debit in the $33.17 area. This trade has a duration of 134 days. The break-even point of this trade is the same as the net debit, which gives this trade 11.23% downside protection. If the stock closes at or above $35 at expiration this trade will return 5.48% or 14.94% (for comparison purposes only). TDC closed Dec 6, 2017's trading session at $37.38. In the past year, the stock has hit a 52-week low of $26.55 and 52-week high of $38.69. Teradata Corporation stock has been showing support around $36.45 and resistance in the $39.03 range. Recent technical indicators for the stock are bearish.
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