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Potential Physical Silver (SIVR) Trade Has 6.51% Downside Protection

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

For a hedged play on Physical Silver (<a href="http://www.marketintelligencecenter.com/symbol/SIVR">SIVR</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Sep 21, 2018 $16 covered call for a net debit in the $15.05 area. That is also the break-even stock price for the covered call. This trade will return 6.24%, or 10.35% annualized (for comparison purposes only), in 220 days. This covered call also provides 6.51% downside protection. The current 52-week low is $14.92 and the 52-week high is $18.15. Physical Silver stock has been showing support around $15.94 and resistance in the $16.30 range. The stock closed Feb 12, 2018's trading session at $16.11.A

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