National Fuel Gas (NFG) Picked For Investors Observer Hedged Dividend Income List
Posted: Tuesday, February 09, 2010 8:25 AM EDT
By: Market Intelligence Center Staff
National Fuel Gas (NYSE: NFG) closed yesterday at $46.13. So far the stock has hit a 52-week low of $26.67 and 52-week high of $52.00. National Fuel Gas stock has been showing support around 45.18 and resistance in the 47.30 range. Technical indicators for the stock are Bearish and S&P gives NFG a positive 4 STAR (out of 5) buy rating. NFG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Apr '10 45 covered call for a net debit in the $43.58 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 5.53% downside protection and a 3.26% assigned return rate for a 17.75% annualized return rate (comparison purposes only). National Fuel Gas has a current annual dividend yield of 2.85%. [ATU-Seven Summits Research]
CLICK HERE: FREE National Fuel Gas (NFG) Stock ReportSee what our analysts have uncovered about National Fuel Gas (NFG).