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Apex Silver Mines (SIL) Showing Resistance Near $33.87

Aug 10, 2017 ( via COMTEX) --

After Aug 9, 2017aEUR(TM)s trading in Apex Silver Mines (<a href="">SIL</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 2.70% or 27.44% (for comparison purposes only), while providing 3.60% downside protection. The trade is a Sep 15, 2017 covered call at the $33 level for a net debit of about $32.11. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $32.73 and $33.87, respectively.

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