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Potential Pan American Silver (PAAS) Trade Has 12.60% Downside Protection

Oct 10, 2018 (Marketintelligencecenter.com via COMTEX) --

After Oct 9, 2018aEUR(TM)s trading in Pan American Silver (<a href="http://www.marketintelligencecenter.com/symbol/PAAS">PAAS</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 9.11% or 17.51% (for comparison purposes only), while providing 12.60% downside protection. The trade is a Apr 18, 2019 covered call at the $14 level for a net debit of about $12.83. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $14.25 and $15.01, respectively.

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