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Potential DJ-UBS Sugar TR Sub-Idx ETN Ipath (SGG) Trade Has 5.48% Downside Protection

Nov 09, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on DJ-UBS Sugar TR Sub-Idx ETN Ipath (<a href="">SGG</a>) could yield about 5.59% (20.63% annualized, for comparison purposes only) in 99 days. Pair a long position in the stock with the Feb 16, 2018 $30 call for a net debit of about $28.41. This position also has 5.48% downside protection. DJ-UBS Sugar TR Sub-Idx ETN Ipath closed at $30.05 Nov 8, 2017. Technical indicators for SGG are bearish and support and resistance have been about $29.77 and $30.39, respectively.A

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