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Powershares DB Silver (DBS) Trading Near $27.49 Support Level

Sep 12, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Powershares DB Silver (<a href="http://www.marketintelligencecenter.com/symbol/DBS">DBS</a>) could yield about 3.44% (9.75% annualized, for comparison purposes only) in 129 days. Pair a long position in the stock with the Jan 19, 2018 $27 call for a net debit of about $26.10. This position also has 5.09% downside protection. Powershares DB Silver closed at $27.50 Sep 11, 2017. Technical indicators for DBS are bearish and support and resistance have been about $27.49 and $27.51, respectively.A

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