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

Dec 01, 2017 (Marketintelligencecenter.com via COMTEX) --

After Nov 30, 2017aEUR(TM)s trading in Silver Standard Resources Inc. (<a href="http://www.marketintelligencecenter.com/symbol/SSRM">SSRM</a>) the algorithms behind MarketIntelligenceCenter.com'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.

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