Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Ultra S&P 500 Proshares (SSO) Trading Near $89.17 Support Level

Jun 19, 2017 (Marketintelligencecenter.com via COMTEX) --

MarketIntelligenceCenter.comaEUR(TM)s patented algorithms have chosen the Aug 18, 2017 $90 call for a couple of hedged-trading ideas on Ultra S&P 500 Proshares (<a href="http://www.marketintelligencecenter.com/symbol/SSO">SSO</a>). A traditional covered call on Ultra S&P 500 Proshares yields 2.66% (16.23% annualized, for comparison purposes only) and provides 2.85% downside protection. For those looking for a higher return and who can tolerate more risk, consider buying the Jan 19, 2018 $62 call and then selling the Aug 18, 2017 $90 call for a net debit of $26.91. This trade has a potential return of 4.04% (16.23% annualized, for comparison purposes only), but also carries a greater potential for losses.

(C) Copyright 2017, Marketintelligencecenter.com. 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 43.14
Nat Gas 2.938
Corn 362
Cotton #2 66.69
Gold 1257.5
Copper 2.6270
Euro 1.12525
USD Index 96.905
SP500 E-mini 2436.50
DJIA E-mini 21356
close_icon
open_icon