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

Potential Apex Silver Mines (SIL) Trade Targets 4.92% Return

Jan 12, 2018 ( via COMTEX) --

For a hedged play on Apex Silver Mines (<a href="">SIL</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Apr 20, 2018 $33 covered call for a net debit in the $31.44 area. That is also the break-even stock price for the covered call. This trade will return 4.92%, or 18.35% annualized (for comparison purposes only), in 98 days. This covered call also provides 4.84% downside protection. The current 52-week low is $29.42 and the 52-week high is $41.68. Apex Silver Mines stock has been showing support around $32.66 and resistance in the $33.34 range. The stock closed Jan 11, 2018's trading session at $33.04.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