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

Feb 13, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on DJ-UBS Sugar TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/SGG">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

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