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Potential Powershares DB Silver (DBS) Trade Has 5.17% Downside Protection

Aug 10, 2017 (Marketintelligencecenter.com via COMTEX) --

After Aug 9, 2017aEUR(TM)s trading in Powershares DB Silver (<a href="http://www.marketintelligencecenter.com/symbol/DBS">DBS</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 5.29% or 11.94% (for comparison purposes only), while providing 5.17% downside protection. The trade is a Jan 19, 2018 covered call at the $26 level for a net debit of about $24.67. 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 $25.75 and $26.19, respectively.

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