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

DJ-UBS Sugar TR Sub-Idx ETN Ipath (SGG) Trading Near $30.55 Resistance Level

Jan 10, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on DJ-UBS Sugar TR Sub-Idx ETN Ipath (<a href="">SGG</a>) could yield about 4.63% (13.22% annualized, for comparison purposes only) in 128 days. Pair a long position in the stock with the May 18, 2018 $30 call for a net debit of about $28.66. This position also has 4.49% downside protection. DJ-UBS Sugar TR Sub-Idx ETN Ipath closed at $30.02 Jan 9, 2018. Technical indicators for SGG are bearish and support and resistance have been about $29.04 and $30.55, respectively.A

(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 5834.60
Nat Gas 3.248
Corn 352
Cotton #2 83.41
Gold 121.9
Copper 3.2015
Euro 1.23040
USD Index 90.191
SP500 E-mini 2835.50
DJIA E-mini 26205