NightHawk Radiology Holdings Inc. (NHWK) NewsBite

Posted on Monday, March 10, 2008 9:08 AM

NightHawk Radiology Holdings Inc. (NGM: NHWK) ended the last trading session at $10.77. So far the stock has hit a 52-week low of $10.56 and 52-week high of $25.95. NightHawk Radiology Holdings Inc. stock has been showing support around 10.40 and resistance in the 11.08 range. Technical indicators for the stock are Bearish and S&P gives NHWK a weak 2 STAR (out of 5) sell rating. NHWK appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Sep '08 10 covered call (NQK IB) for a net debit in the $9.02 area. That is also the break even stock price for this trade. This covered call has a 194 day duration, provides 16.25% downside protection and a 10.86% assigned return rate for a 20.44% annualized return rate (comparison purposes only). NightHawk Radiology Holdings Inc. does not pay dividends at this time. [IHF - Investors Observer]