Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Purefunds ISE Junior Silver (SILJ) Showing Bearish Technicals With Support At $12.44

Mar 20, 2017 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Purefunds ISE Junior Silver (<a href="">SILJ</a>). Look at the Aug 18, 2017 $12 covered call for a net debit in the $11.13 area.<br /> <br /> This trade has a duration of 151 days. The break-even point of this trade is the same as the net debit, which gives this trade 12.90% downside protection. If the stock closes at or above $12 at expiration this trade will return 7.71% or 18.66% (for comparison purposes only). <br /> <br /> SILJ closed Mar 17, 2017's trading session at $12.77. In the past year, the stock has hit a 52-week low of $8.12 and 52-week high of $19.78. Purefunds ISE Junior Silver stock has been showing support around $12.44 and resistance in the $13.38 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2017, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 48.14
Nat Gas 3.081
Corn 356 2/8
Cotton #2 77.47
Gold 1243.3
Copper 2.6395
Euro 1.08425
USD Index 99.442
SP500 E-mini 2342.75
DJIA E-mini 20575