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Potential Physical Swiss Gold (SGOL) Trade Has 3.59% Downside Protection

Feb 13, 2018 ( via COMTEX) --

After Feb 12, 2018aEUR(TM)s trading in Physical Swiss Gold (<a href="">SGOL</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 3% or 8.97% (for comparison purposes only), while providing 3.59% downside protection. The trade is a Jun 15, 2018 covered call at the $127 level for a net debit of about $123.30. 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 $127.28 and $128.64, respectively.

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