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Proshares Ultra Silver (AGQ) Trading Near $35.53 Resistance Level

Nov 08, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on Proshares Ultra Silver (<a href="">AGQ</a>) could yield about 5.98% (30.34% annualized, for comparison purposes only) in 72 days. Pair a long position in the stock with the Jan 19, 2018 $34 call for a net debit of about $32.07. This position also has 6.28% downside protection. Proshares Ultra Silver closed at $34.22 Nov 7, 2017. Technical indicators for AGQ are bearish and support and resistance have been about $33.44 and $35.53, respectively.A

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