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DJ-UBS Coffee TR Sub-Idx ETN Ipath (JO) Showing Bearish Technicals

Feb 12, 2018 (Marketintelligencecenter.com via COMTEX) --

DJ-UBS Coffee TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/JO">JO</a>) closed Feb 9, 2018 at $15.23 and technical indicators recently have been bearish. With those figures in place, the algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have identified a couple of attractive trading opportunities in DJ-UBS Coffee TR Sub-Idx ETN Ipath for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $12 call and a short position in the Sep 21, 2018 $15 call for a net debit of about $2.50. This trade has an assigned return of 20% and 4.83% downside protection. For more a more conservative play, look at a covered call using the Sep 21, 2018 $15 call for a $2.50 net debit. This trade has an assigned return of 7.20% but the downside protection increases to 8.18%. Over the last 52 weeks the stock has traded between $14.65 and $21.64.A

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