See How To Profit From W R Grace (GRA) Trading Near Its 52 Week High

Posted: Tuesday, November 17, 2009 12:34 PM EDT

W R Grace (NYSE: GRA) opened at $24.14. So far today, the stock has hit a low of $24.05 and a high of $24.53. GRA is now trading at $24.44, up $0.03 (0.12%). The stock hit its 52-Week high of $24.97 last month and set its 52-Week low of $2.95 last November. Grace is moving higher today after with the stock receiving a Hold rating from Jefferies. The stock is now trading just shy of its 52 week high which is set last month. Technical indicators for the stock are and S&P does not currently have a STARS rating for GRA. If you are looking for a hedged play on GRA the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 20 range. [ABR-Seven Summits Strategic Investments NewsBite]

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