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Potential Physical Swiss Gold (SGOL) Trade Has 2.33% Downside Protection

Mar 14, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Physical Swiss Gold (<a href="">SGOL</a>) could yield about 2.17% (8.52% annualized, for comparison purposes only) in 93 days. Pair a long position in the stock with the Jun 15, 2018 $128 call for a net debit of about $125.28. This position also has 2.33% downside protection. Physical Swiss Gold closed at $128.27 Mar 13, 2018. Technical indicators for SGOL are bearish and support and resistance have been about $127.37 and $128.91, respectively.A

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