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DJ-UBS Coffee TR Sub-Idx ETN Ipath (JO) Trading Near $15.22 Resistance Level

Feb 13, 2018 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center Aare highlighting two trades on DJ-UBS Coffee TR Sub-Idx ETN Ipath (<a href="">JO</a>) today after it closed at $15.10 on Feb 12, 2018. For more conservative investors, look at a covered call using the Sep 21, 2018 $15 call for a net debit of about $13.91. This trade will return 7.83% (13% annualized, for comparison purposes only) as long as the stock closes above $15 at expiration. DJ-UBS Coffee TR Sub-Idx ETN Ipath can fall 7.94% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $11 call taking the place of the long stock position and the same short position in the Sep 21, 2018 $15 call. This trade only costs about $3.35 to get into and the rate of return increases to 19.40% (13% annualized, for comparison purposes only) but the downside protection falls to 5.02%.

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