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Potential Powershares DB Silver (DBS) Trade Could Hit 3.51% Return

Jun 07, 2018 ( via COMTEX) --

For a hedged play on Powershares DB Silver (<a href="">DBS</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Oct 19, 2018 $25 covered call for a net debit in the $24.14 area. That is also the break-even stock price for the covered call. This trade will return 3.51%, or 9.58% annualized (for comparison purposes only), in 134 days. This covered call also provides 5.29% downside protection. The current 52-week low is $23.50 and the 52-week high is $27.91. Powershares DB Silver stock has been showing support around $25.41 and resistance in the $25.55 range. The stock closed Jun 6, 2018's trading session at $25.50.A

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