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Potential Market Vectors Gold Miners (GDX) Trade Has 7.53% Downside Protection

Mar 05, 2018 ( via COMTEX) --

Market Vectors Gold Miners (<a href="">GDX</a>) closed Mar 2, 2018 at $21.48 and technical indicators recently have been bearish.'s patented option-trade picking algorithms have identified an attractive trading opportunity in Market Vectors Gold Miners for today. For a conservative trade, look at a covered call using the Jun 15, 2018 $21 call for a $6.37 net debit. This trade has an assigned return of 5.67% but the downside protection increases to 7.53%. Over the last 52 weeks the stock has traded between $20.83 and $25.58.A

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