Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Apex Silver Mines (SIL) Showing Bearish Technicals With Support At $27.81

Jul 12, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Apex Silver Mines (<a href="">SIL</a>). Look at the Oct 19, 2018 $28 covered call for a net debit in the $26.87 area.<br /> <br /> This trade has a duration of 99 days. The break-even point of this trade is the same as the net debit, which gives this trade 5.61% downside protection. If the stock closes at or above $28 at expiration this trade will return 4.16% or 15.36% (for comparison purposes only). <br /> <br /> SIL closed Jul 11, 2018's trading session at $28.47. In the past year, the stock has hit a 52-week low of $28.21 and 52-week high of $36.36. Apex Silver Mines stock has been showing support around $27.81 and resistance in the $29.73 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2018, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 67.74
Nat Gas 2.746
Corn 361 6/8
Cotton #2 88.40
Gold 1227.8
Copper 2.7555
Euro 1.17055
USD Index 94.795
SP500 E-mini 2814.00
DJIA E-mini 25130