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Powershares DB Silver (DBS) Showing Resistance Near $25.13

Dec 05, 2017 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Powershares DB Silver (<a href="">DBS</a>). Look at the Apr 20, 2018 $25 covered call for a net debit in the $24.07 area.<br /> <br /> This trade has a duration of 136 days. The break-even point of this trade is the same as the net debit, which gives this trade 4.17% downside protection. If the stock closes at or above $25 at expiration this trade will return 3.82% or 10.25% (for comparison purposes only). <br /> <br /> DBS closed Dec 4, 2017's trading session at $25.12. In the past year, the stock has hit a 52-week low of $23.50 and 52-week high of $28.85. Powershares DB Silver stock has been showing support around $25.13 and resistance in the $25.13 range. Recent technical indicators for the stock are bearish.

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