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Powershares DB Silver (DBS) Trading Near $25.51 Support Level

Apr 17, 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 Oct 19, 2018 $25 covered call for a net debit in the $23.81 area. That is also the break-even stock price for the covered call. This trade will return 4.99%, or 9.86% annualized (for comparison purposes only), in 185 days. This covered call also provides 6.66% 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 $25.51 and resistance in the $25.51 range. The stock closed Apr 16, 2018's trading session at $25.51.A

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