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Powershares DB Silver (DBS) Showing Resistance Near $26.34

Jan 09, 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 Jul 20, 2018 $26 covered call for a net debit in the $24.85 area. That is also the break-even stock price for the covered call. This trade will return 4.62%, or 8.79% annualized (for comparison purposes only), in 192 days. This covered call also provides 5.33% downside protection. The current 52-week low is $23.50 and the 52-week high is $28.85. Powershares DB Silver stock has been showing support around $26.12 and resistance in the $26.34 range. The stock closed Jan 8, 2018's trading session at $26.25.A

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