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Proshares Ultra Silver (AGQ) Trading Near $35.15 Resistance Level

Aug 10, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Proshares Ultra Silver (<a href="">AGQ</a>) could yield about 5.82% (29.92% annualized, for comparison purposes only) in 71 days. Pair a long position in the stock with the Oct 20, 2017 $34 call for a net debit of about $32.11. This position also has 7.08% downside protection. Proshares Ultra Silver closed at $34.58 Aug 9, 2017. Technical indicators for AGQ are bearish and support and resistance have been about $33.61 and $35.15, respectively.A

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