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 Targets 7.67% Return

Dec 04, 2017 (Marketintelligencecenter.com via COMTEX) --

The patented option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center Aare highlighting two trades on DJ-UBS Coffee TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/JO">JO</a>) today after it closed at $16.30 on Dec 1, 2017. For more conservative investors, look at a covered call using the Jun 15, 2018 $16 call for a net debit of about $14.83. This trade will return 7.67% (14.50% annualized, for comparison purposes only) as long as the stock closes above $16 at expiration. DJ-UBS Coffee TR Sub-Idx ETN Ipath can fall 8.89% before causing a problem. For investors with a higher appetite for risk, consider a diagonal spread with a Jan 18, 2019 $12 call taking the place of the long stock position and the same short position in the Jun 15, 2018 $16 call. This trade only costs about $3.64 to get into and the rate of return increases to 9.58% (14.50% annualized, for comparison purposes only) but the downside protection falls to 4.04%.

(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 56.97
Nat Gas 2.840
Corn 351
Cotton #2 73.53
Gold 1252.1
Copper 2.9780
Euro 1.17935
USD Index 93.780
SP500 E-mini 2653.50
DJIA E-mini 24357
close_icon
open_icon