SPDR S&P International Small Cap ETF (GWX) PriceWatch Alert Up To 14.99% Return
Posted: Tuesday, June 16, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
SPDR S&P International Small Cap ETF (PCX: GWX) closed yesterday at $21.34. So far GWX has hit a 52-week low of $13.57 and 52-week high of $32.75. GWX has been showing support around 20.41 and resistance in the 22.83 range. Technical indicators are Bullish. GWX appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at an Oct '09 21 covered call (GWX JU) for a net debit in the $19.99 area. That is also the break even stock price for this trade. This covered call has a 123 day duration, provides 6.33% downside protection and a 5.05% assigned return rate for a 14.99% annualized return rate (comparison purposes only). [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE (GWX) Stock ReportSee what our analysts have uncovered about (GWX).