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Potential Silver Standard Resources Inc. (SSRM) Trade Could Hit 13.63% Return

Jan 03, 2018 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Silver Standard Resources Inc. (<a href="http://www.marketintelligencecenter.com/symbol/SSRM">SSRM</a>) could yield about 13.63% (13.09% annualized, for comparison purposes only) in 380 days. Pair a long position in the stock with the Jan 18, 2019 $8 call for a net debit of about $7.03. This position also has 21.25% downside protection. Silver Standard Resources Inc. closed at $8.93 Jan 2, 2018. Technical indicators for SSRM are bearish and support and resistance have been about $8.66 and $9.13, respectively.A

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