Omniture (OMTR) PriceWatch Alert Targets 30.99% Downside Protection
Posted: Wednesday, June 10, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
Omniture (NasdaqNM: OMTR) closed yesterday at $13.23. So far the stock has hit a 52-week low of $7.15 and 52-week high of $23.85. Omniture stock has been showing support around 12.62 and resistance in the 13.74 range. Technical indicators for the stock are Bullish and S&P gives OMTR a weak 2 STAR (out of 5) sell rating. OMTR appears on the Investors Observer Stocks In The News list. Morgan Stanley upgraded OMTR on Tuesday to Overweight from Equal-Weight. For a hedged play on this stock, look at a Dec '09 10 covered call (MOQ LB) 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 192 day duration, provides 30.99% downside protection and a 9.53% assigned return rate for an 18.12% annualized return rate (comparison purposes only). Omniture does not pay dividends at this time. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE Omniture (OMTR) Stock ReportSee what our analysts have uncovered about Omniture (OMTR).
More News For Omniture (OMTR):
Omniture (OMTR) NewsBite - OMTR Upgraded By Morgan Stanley
Tuesday, June 09, 2009... Omniture (OMTR) was upgraded today by analysts at Morgan Stanley and the stock is now at $12.92, up $0.54 (4.36%) on volume of 1,008,220 shares......
http://www.marketintelligencecenter.com/newsbites/888482
Omniture (OMTR) NewsBite - OMTR Downgraded By Wedbush Morgan
Wednesday, April 08, 2009... Omniture (OMTR) was downgraded today by analysts at Wedbush Morgan and the stock is now at $13.69, down $0.48 (-3.39%) on volume of 1,510,701 shares......
http://www.marketintelligencecenter.com/newsbites/815660
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