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

Physical Swiss Gold (SGOL) Showing Support Near $126.96

Feb 07, 2018 ( via COMTEX) --

For a hedged play on Physical Swiss Gold (<a href="">SGOL</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $127 covered call for a net debit in the $123.54 area. That is also the break-even stock price for the covered call. This trade will return 2.79%, or 7.96% annualized (for comparison purposes only), in 128 days. This covered call also provides 3.43% downside protection. The current 52-week low is $116.31 and the 52-week high is $132.10. Physical Swiss Gold stock has been showing support around $126.96 and resistance in the $129.62 range. The stock closed Feb 6, 2018's trading session at $127.94.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 62.32
Nat Gas 2.585
Corn 367 4/8
Cotton #2 77.16
Gold 1350.2
Copper 3.2000
Euro 1.24085
USD Index 89.240
SP500 E-mini 2723.25
DJIA E-mini 25123