Pall (PLL) PriceWatch Alert Up To 18.53% Return

Posted: Tuesday, June 16, 2009 8:07 AM EDT

Pall (NYSE: PLL) closed yesterday at $26.55. So far the stock has hit a 52-week low of $18.20 and 52-week high of $43.19. Pall stock has been showing support around 25.98 and resistance in the 27.18 range. Technical indicators for the stock are Bullish and S&P gives PLL a neutral 3 STAR (out of 5) hold rating. PLL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Sep '09 25 covered call (PLL IE) for a net debit in the $23.85 area. That is also the break even stock price for this trade. This covered call has a 95 day duration, provides 10.17% downside protection and a 4.82% assigned return rate for an 18.53% annualized return rate (comparison purposes only). Pall has a current annual dividend yield of 2.10%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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