Return to News Categories

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 Silver Standard Resources Inc. (SSRM) Trade Targets 18.16% Return

Dec 01, 2017 ( via COMTEX) --

After Nov 30, 2017aEUR(TM)s trading in Silver Standard Resources Inc. (<a href="">SSRM</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 18.16% or 16.05% (for comparison purposes only), while providing 18.62% downside protection. The trade is a Jan 18, 2019 covered call at the $8 level for a net debit of about $6.77. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $8.13 and $8.60, respectively.

(C) Copyright 2017, 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 57.06
Nat Gas 2.829
Corn 351 4/8
Cotton #2 73.40
Gold 1250.5
Copper 2.9745
Euro 1.17860
USD Index 93.795
SP500 E-mini 2653.25
DJIA E-mini 24342