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

Potential DJ-UBS Coffee TR Sub-Idx ETN Ipath (JO) Trade Could Hit 8.47% Return

Dec 05, 2017 (Marketintelligencecenter.com via COMTEX) --

DJ-UBS Coffee TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/JO">JO</a>) closed Dec 4, 2017 at $16.10 and technical indicators recently have been bearish. With those figures in place, the algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have identified a couple of attractive trading opportunities in DJ-UBS Coffee TR Sub-Idx ETN Ipath for today. For investors looking for a high return, a diagonal spread pairing a long position in the Jan 18, 2019 $13 call and a short position in the Jun 15, 2018 $16 call for a net debit of about $2.69. This trade has an assigned return of 11.11% and 2.48% downside protection. For more a more conservative play, look at a covered call using the Jun 15, 2018 $16 call for a $2.69 net debit. This trade has an assigned return of 8.47% but the downside protection increases to 8.38%. Over the last 52 weeks the stock has traded between $15.17 and $22.60.A

(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 57.54
Nat Gas 2.699
Corn 348 4/8
Cotton #2 75.90
Gold 1262.2
Copper 3.1250
Euro 1.17930
USD Index 93.235
SP500 E-mini 2691.75
DJIA E-mini 24835
close_icon
open_icon