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Potential Physical Swiss Gold (SGOL) Trade Targets 3.16% Return

Jun 14, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Physical Swiss Gold (<a href="">SGOL</a>). Look at the Dec 21, 2018 $125 covered call for a net debit in the $121.15 area.<br /> <br /> This trade has a duration of 190 days. The break-even point of this trade is the same as the net debit, which gives this trade 3.58% downside protection. If the stock closes at or above $125 at expiration this trade will return 3.16% or 6.08% (for comparison purposes only). <br /> <br /> SGOL closed Jun 13, 2018's trading session at $125.66. In the past year, the stock has hit a 52-week low of $117.19 and 52-week high of $132.10. Physical Swiss Gold stock has been showing support around $124.71 and resistance in the $126.21 range. Recent technical indicators for the stock are bearish.

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