WisdomTree India Earnings Fund (EPI) PriceWatch Alert for January 4, 2010

Posted: Friday, January 01, 2010 8:34 AM EDT

WisdomTree India Earnings Fund (PACF: EPI) closed yesterday at $22.07. So far EPI has hit a 52-week low of $8.82 and 52-week high of $22.48. EPI has been showing support around 21.85 and resistance in the 22.41 range. Technical indicators are Bullish. EPI appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at an Apr '10 22 covered call for a net debit in the $20.82 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 5.66% downside protection and a 5.67% assigned return rate for a 20.08% annualized return rate (comparison purposes only). [ABR-Seven Summits Research]

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