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 DJ-UBS Sugar TR Sub-Idx ETN Ipath (SGG) Trade Has 5.80% Downside Protection

Feb 13, 2018 ( 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 4.08% (15.86% annualized, for comparison purposes only) in 94 days. Pair a long position in the stock with the May 18, 2018 $27 call for a net debit of about $25.93. This position also has 5.80% downside protection. DJ-UBS Sugar TR Sub-Idx ETN Ipath closed at $27.54 Feb 12, 2018. Technical indicators for SGG are bearish and support and resistance have been about $27.01 and $28.01, respectively.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 62.25
Nat Gas 2.632
Corn 368 2/8
Cotton #2 77.34
Gold 1343.6
Copper 3.1950
Euro 1.24090
USD Index 89.260
SP500 E-mini 2729.50
DJIA E-mini 25167