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

Potential Physical Swiss Gold (SGOL) Trade Has 3.58% Downside Protection

Jul 12, 2018 ( via COMTEX) --'s patented trade-picking algorithms have identified an attractive covered-call trade on Physical Swiss Gold (<a href="">SGOL</a>). Look at the Dec 21, 2018 $119 covered call for a net debit in the $115.70 area.<br /> <br /> This trade has a duration of 162 days. The break-even point of this trade is the same as the net debit, which gives this trade 3.58% downside protection. If the stock closes at or above $119 at expiration this trade will return 2.85% or 6.42% (for comparison purposes only). <br /> <br /> SGOL closed Jul 11, 2018's trading session at $120. In the past year, the stock has hit a 52-week low of $118.03 and 52-week high of $132.10. Physical Swiss Gold stock has been showing support around $119.43 and resistance in the $121.15 range. Recent technical indicators for the stock are bearish.

(C) Copyright 2018, 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 67.73
Nat Gas 2.746
Corn 361 6/8
Cotton #2 88.44
Gold 1227.9
Copper 2.7565
Euro 1.17065
USD Index 94.790
SP500 E-mini 2814.25
DJIA E-mini 25135