Host Hotels and Resorts (HST) 2/9/10 PriceWatch Alert Shows Bearish Technicals
Posted: Tuesday, February 09, 2010 8:36 AM EDT
By: Market Intelligence Center Staff
Host Hotels and Resorts (NYSE: HST) closed yesterday at $10.78. So far the stock has hit a 52-week low of $3.08 and 52-week high of $12.70. Host Hotels stock has been showing support around 10.42 and resistance in the 11.36 range. Technical indicators for the stock are Bearish and S&P gives HST a weak 2 STAR (out of 5) sell rating. HST appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Jul '10 10 covered call for a net debit in the $9.13 area. That is also the break even stock price for this trade. This covered call has a 158 day duration, provides 15.31% downside protection and a 9.53% assigned return rate for a 22.01% annualized return rate (comparison purposes only). Host Hotels does not pay dividends at this time. [ATU-Seven Summits Research]
CLICK HERE: FREE Host Hotels (HST) Stock ReportSee what our analysts have uncovered about Host Hotels (HST).