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Ultra DJ-UBS Natural Gas Proshares (BOIL) Trading Near $27.98 Resistance Level

Apr 17, 2018 ( via COMTEX) --

The patented option-trade picking algorithms that power's Artificial Intelligence Center are highlighting two trades on Ultra DJ-UBS Natural Gas Proshares (<a href="">BOIL</a>) today after it closed at $27.46 on Apr 16, 2018. For more conservative investors, look at a covered call using the Jun 15, 2018 $26 call for a net debit of about $24.91. This trade will return 4.33% (26.81% annualized, for comparison purposes only) as long as the stock closes above $26 at expiration. Ultra DJ-UBS Natural Gas ProsharesAcan fall 9.28% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $15 call taking the place of the long stock position and the same short position in the Jun 15, 2018 $26 call. This trade only costs about $10.40 to get into and the rate of return increases to 5.76% (26.81% annualized, for comparison purposes only) but the downside protection falls to 7.53%.

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