Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Physical Silver (SIVR) Showing Bearish Technicals

Feb 14, 2018 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on Physical Silver (<a href="http://www.marketintelligencecenter.com/symbol/SIVR">SIVR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Sep 21, 2018 $16 covered call for a net debit in the $15.09 area. That is also the break-even stock price for the covered call. This trade will return 5.96%, or 9.93% annualized (for comparison purposes only), in 219 days. This covered call also provides 6.50% downside protection. The current 52-week low is $14.92 and the 52-week high is $18.15. Physical Silver stock has been showing support around $16 and resistance in the $16.26 range. The stock closed Feb 13, 2018's trading session at $16.14.A

(C) Copyright 2018, Marketintelligencecenter.com. 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 62.21
Nat Gas 2.636
Corn 368 2/8
Cotton #2 77.35
Gold 1343.4
Copper 3.1935
Euro 1.24080
USD Index 89.265
SP500 E-mini 2728.25
DJIA E-mini 25157
close_icon
open_icon