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Potential Market Vectors Gold Miners (GDX) Trade Targets 5.52% Return

Dec 06, 2017 ( via COMTEX) --

MarketIntelligenceCenter.comaEUR(TM)s patented algorithms have chosen the Jun 15, 2018 $21 call for a couple of hedged-trading ideas on Market Vectors Gold Miners (<a href="">GDX</a>). A traditional covered call on Market Vectors Gold Miners yields 5.52% (10.56% annualized, for comparison purposes only) and provides 9.42% downside protection. For those looking for a higher return and who can tolerate more risk, consider buying the Jan 18, 2019 $14 call and then selling the Jun 15, 2018 $21 call for a net debit of $6.23. This trade has a potential return of 12.35% (10.56% annualized, for comparison purposes only), but also carries a greater potential for losses.

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