SPDR S&P Semiconductor ETF (XSD) 2/9/10 PriceWatch Alert At $38.52 Break Even
Posted: Tuesday, February 09, 2010 8:33 AM EDT
By: Market Intelligence Center Staff
SPDR S&P Semiconductor ETF (PACF: XSD) closed yesterday at $42.92. So far XSD has hit a 52-week low of $22.06 and 52-week high of $48.49. XSD has been showing support around 41.83 and resistance in the 44.35 range. Technical indicators are Bearish. XSD appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Jun '10 40 covered call for a net debit in the $38.52 area. That is also the break even stock price for this trade. This covered call has a 130 day duration, provides 10.25% downside protection and a 3.84% assigned return rate for a 10.79% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]
CLICK HERE: FREE (XSD) Stock ReportSee what our analysts have uncovered about (XSD).