Centene director buys 17,600 shares

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Bobby Raines 12/18/2013

Orlando Ayala, who sits on the board at Centene Corp.( CNC ) , bought 17,600 shares of the company's common stock on Dec. 17. At $56.41 per share, Ayala paid a total of $992,816 for the new shares.

IK-> The technicals for CNC ($56.90 up 0.79) are bullish with a downward trend. Recent support has been around $54.26 and recent resistance has been around $59.02. Standard & Poor's does not follow the stock. Look at the March 45/50 bull-put spread for a 60-cent credit. That's a 13.64% return and the stock has to fall 12.1% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: CNC

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