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Potential Powershares DB Silver (DBS) Trade Has 4.77% Downside Protection

Feb 09, 2018 ( via COMTEX) --

After Feb 8, 2018aEUR(TM)s trading in Powershares DB Silver (<a href="">DBS</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 4.38% or 9.93% (for comparison purposes only), while providing 4.77% downside protection. The trade is a Jul 20, 2018 covered call at the $25 level for a net debit of about $23.94. 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 $25.02 and $25.24, respectively.

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