Sigma Aldrich (SIAL) PriceWatch Alert At $43.13 Break Even
Posted: Wednesday, June 24, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
Sigma Aldrich (NasdaqNM: SIAL) closed yesterday at $48.13. So far the stock has hit a 52-week low of $31.45 and 52-week high of $62.74. Sigma Aldrich stock has been showing support around 47.16 and resistance in the 48.82 range. Technical indicators for the stock are Bullish and S&P gives SIAL a neutral 3 STAR (out of 5) hold rating. SIAL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Oct '09 45 covered call (IAQ JI) for a net debit in the $43.13 area. That is also the break even stock price for this trade. This covered call has an 115 day duration, provides 10.39% downside protection and a 4.34% assigned return rate for a 13.76% annualized return rate (comparison purposes only). Sigma Aldrich has a current annual dividend yield of 1.20%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE Sigma Aldrich (SIAL) Stock ReportSee what our analysts have uncovered about Sigma Aldrich (SIAL).