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Potential DJ-UBS Sugar TR Sub-Idx ETN Ipath (SGG) Trade Has 7.32% Downside Protection

Aug 10, 2017 ( via COMTEX) --

A covered call identified by's patented algorithm on DJ-UBS Sugar TR Sub-Idx ETN Ipath (<a href="">SGG</a>) could yield about 5.37% (19.83% annualized, for comparison purposes only) in 99 days. Pair a long position in the stock with the Nov 17, 2017 $28 call for a net debit of about $26.57. This position also has 7.32% downside protection. DJ-UBS Sugar TR Sub-Idx ETN Ipath closed at $28.67 Aug 9, 2017. Technical indicators for SGG are bearish and support and resistance have been about $28.37 and $29.01, respectively.A

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