NutriSystem (NTRI) PriceWatch Alert Support At Around $18.06

Posted on Monday, September 08, 2008 8:07 AM

NutriSystem (NasdaqNM: NTRI) ended the last trading session at $19.29. So far the stock has hit a 52-week low of $12.55 and 52-week high of $58.48. NutriSystem stock has been showing support around 18.06 and resistance in the 20.20 range. Technical indicators for the stock are Bullish. NTRI appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Mar '09 15 covered call (NSI CC) for a net debit in the $13.99 area. That is also the break even stock price for this trade. This covered call has a 194 day duration, provides 27.48% downside protection and a 7.22% assigned return rate for a 13.58% annualized return rate (comparison purposes only). NutriSystem has a current annual dividend yield of 3.54%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]