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Proshares Ultra Silver (AGQ) Trading Near $26.63 Support Level

Feb 12, 2019 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Proshares Ultra Silver (<a href="http://www.marketintelligencecenter.com/symbol/AGQ">AGQ</a>) could yield about 7.08% (20.04% annualized, for comparison purposes only) in 129 days. Pair a long position in the stock with the Jun 21, 2019 $26 call for a net debit of about $24.27. This position also has 9.67% downside protection. Proshares Ultra Silver closed at $26.87 Feb 11, 2019. Technical indicators for AGQ are bearish and support and resistance have been about $26.63 and $27.23, respectively.A

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