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Potential Physical Swiss Gold (SGOL) Trade Has 2.32% Downside Protection

Sep 13, 2017 ( via COMTEX) --

For a hedged play on Physical Swiss Gold (<a href="">SGOL</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Dec 15, 2017 $129 covered call for a net debit in the $126.06 area. That is also the break-even stock price for the covered call. This trade will return 2.33%, or 9.15% annualized (for comparison purposes only), in 93 days. This covered call also provides 2.32% downside protection. The current 52-week low is $109.18 and the 52-week high is $130.83. Physical Swiss Gold stock has been showing support around $128.30 and resistance in the $129.44 range. The stock closed Sep 12, 2017's trading session at $129.05.A

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