Posted: Friday, December 12, 2014 8:00 AM ET
MarketIntelligenceCenter.com's option-trade picking algorithms have identified an attractive covered-call trade on L-3 Communications Holdings Inc (LLL). Look at the Apr. '15 $125.00 covered call for a net debit in the $117.01 area. This trade has a duration of 126 days. The break-even point of this trade is the same as the net debit, which gives this trade 4.65%. If the stock closes at or above $125.00 at expiration this trade will return 6.83% or 19.78% (for comparison purposes only). LLL closed Thursday's trading session at $122.71. In the past year, the stock has hit a 52-week low of $99.33 and 52-week high of $127.27. L3 Communications stock has been showing support around $121.18 and resistance in the $125.38 range. Technical indicators for the stock are bullish and S&P gives LLL 2 STARS (out of 5) sell ranking.
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