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DJ-UBS Copper TR Sub-Idx ETN Ipath (JJC) Showing Support Near $28.22

May 19, 2017 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on DJ-UBS Copper TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/JJC">JJC</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Sep 15, 2017 $28 covered call for a net debit in the $27.14 area. That is also the break-even stock price for the covered call. This trade will return 3.13%, or 9.60% annualized (for comparison purposes only), in 119 days. This covered call also provides 5.23% downside protection. The current 52-week low is $22.95 and the 52-week high is $32.39. DJ-UBS Copper TR Sub-Idx ETN Ipath stock has been showing support around $28.22 and resistance in the $28.94 range. The stock closed May 18, 2017's trading session at $28.64.A

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