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Physical Silver (SIVR) Trading Near $16.35 Resistance Level

May 11, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Physical Silver (<a href="http://www.marketintelligencecenter.com/symbol/SIVR">SIVR</a>) could yield about 6.17% (10.05% annualized, for comparison purposes only) in 224 days. Pair a long position in the stock with the Dec 21, 2018 $16 call for a net debit of about $15.07. This position also has 7.37% downside protection. Physical Silver closed at $16.27 May 10, 2018. Technical indicators for SIVR are bearish and support and resistance have been about $16.19 and $16.35, respectively.A

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