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Proshares Ultra Silver (AGQ) Trading Near $23.65 Resistance Level

Oct 10, 2018 ( via COMTEX) --

A covered call identified by's patented algorithm on Proshares Ultra Silver (<a href="">AGQ</a>) could yield about 9.05% (21.18% annualized, for comparison purposes only) in 156 days. Pair a long position in the stock with the Mar 15, 2019 $23 call for a net debit of about $21.08. This position also has 9.44% downside protection. Proshares Ultra Silver closed at $23.29 Oct 9, 2018. Technical indicators for AGQ are bearish and support and resistance have been about $22.69 and $23.65, respectively.A

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