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Potential DJ-UBS Copper TR Sub-Idx ETN Ipath (JJC) Trade Has 6.27% Downside Protection

Nov 28, 2017 (Marketintelligencecenter.com via COMTEX) --

For a hedged play on DJ-UBS Copper TR Sub-Idx ETN Ipath (<a href="http://www.marketintelligencecenter.com/symbol/JJC">JJC</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the Jun 15, 2018 $35 covered call for a net debit in the $33.57 area. That is also the break-even stock price for the covered call. This trade will return 4.22%, or 7.75% annualized (for comparison purposes only), in 199 days. This covered call also provides 6.27% downside protection. The current 52-week low is $27.93 and the 52-week high is $37.30. DJ-UBS Copper TR Sub-Idx ETN Ipath stock has been showing support around $35.66 and resistance in the $36 range. The stock closed Nov 27, 2017's trading session at $35.83.A

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