Limited Brands (LTD) PriceWatch Alert Up To 19.71% Return

Posted: Monday, June 22, 2009 8:07 AM EDT

Limited Brands (NYSE: LTD) ended the last trading session at $11.84. So far the stock has hit a 52-week low of $5.98 and 52-week high of $22.16. Limited Brands stock has been showing support around 11.42 and resistance in the 12.32 range. Technical indicators for the stock are Bullish and S&P gives LTD a neutral 3 STAR (out of 5) hold rating. LTD appears on the Investors Observer Analysts Favorites list. For a hedged play on this stock, look at a Jan '10 10 covered call (LTD AB) for a net debit in the $8.99 area. That is also the break even stock price for this trade. This covered call has a 208 day duration, provides 24.07% downside protection and an 11.23% assigned return rate for a 19.71% annualized return rate (comparison purposes only). Limited Brands has a current annual dividend yield of 5.06%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

Click Symbol For More News On: (LTD)