iShares Dow Jones US (IAI) 2/9/10 PriceWatch Alert Targets 19.17% Return
Posted: Tuesday, February 09, 2010 8:41 AM EDT
By: Market Intelligence Center Staff
iShares Dow Jones US (PACF: IAI) closed yesterday at $25.45. So far IAI has hit a 52-week low of $14.98 and 52-week high of $30.80. IAI has been showing support around 25.09 and resistance in the 26.17 range. Technical indicators are Bearish. IAI appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at an Apr '10 25 covered call for a net debit in the $24.15 area. That is also the break even stock price for this trade. This covered call has a 67 day duration, provides 5.11% downside protection and a 3.52% assigned return rate for a 19.17% annualized return rate (comparison purposes only). [ATU-Seven Summits Research]
CLICK HERE: FREE (IAI) Stock ReportSee what our analysts have uncovered about (IAI).