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Potential Proshares Ultra Silver (AGQ) Trade Targets 8.41% Return

May 14, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Proshares Ultra Silver (<a href="">AGQ</a>). Look at the Sep 21, 2018 $32 covered call for a net debit in the $29.50 area.<br /> <br /> This trade has a duration of 130 days. The break-even point of this trade is the same as the net debit, which gives this trade 8.08% downside protection. If the stock closes at or above $32 at expiration this trade will return 8.41% or 23.69% (for comparison purposes only). <br /> <br /> AGQ closed May 11, 2018's trading session at $32.10. In the past year, the stock has hit a 52-week low of $28.47 and 52-week high of $39.51. Proshares Ultra Silver stock has been showing support around $31.64 and resistance in the $32.92 range. Recent technical indicators for the stock are bearish.

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