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Potential DJ-UBS Sugar TR Sub-Idx ETN Ipath (SGG) Trade Has 5.94% Downside Protection

Nov 10, 2017 (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 5.37% (20.01% annualized, for comparison purposes only) in 98 days. Pair a long position in the stock with the Feb 16, 2018 $30 call for a net debit of about $28.46. This position also has 5.94% downside protection. DJ-UBS Sugar TR Sub-Idx ETN Ipath closed at $30.27 Nov 9, 2017. Technical indicators for SGG are bearish and support and resistance have been about $29.98 and $30.62, respectively.A

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