Lions Gate Director buys 2,600 shares

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Arthur Evrensal, Director at  Lions Gate Entertainment  ( LGF ), bought 2,600 shares of the company's common stock on October 17. The shares were purchased at $18.60 for a total of  $190,190.00.    

InvestorsKeyhole Trade Alert

IK-> The technicals for LGF ($18.98 up  $0.24) are neutral  with a downward trend. Support has been around $18.58 and resistance around $21.19  Look at the December 12/16 bull-put spread for a 20-cent credit. That's a  5.3% return and the stock has to fall 15.7% 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 Nasdaq, Inc.

Originally published on InvestorsObserver.com

This article appears in: Investing , Options

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