Mar 16, 2017 (Marketintelligencecenter.com via COMTEX) --
After Mar 15, 2017aEUR(TM)s trading in Apex Silver Mines (<a href="http://www.marketintelligencecenter.com/symbol/SIL">SIL</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 5.23% or 15.03% (for comparison purposes only), while providing 7.12% downside protection. The trade is a Jul 21, 2017 covered call at the $35 level for a net debit of about $33.26. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $32.10 and $37.76, respectively.
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