Sigma Aldrich (SIAL) PriceWatch Alert Bullish Price Movement

Posted: Friday, June 26, 2009 8:07 AM EDT

Sigma Aldrich (NasdaqNM: SIAL) closed yesterday at $50.00. 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 47.56 and resistance in the 51.22 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 $44.00 area. That is also the break even stock price for this trade. This covered call has an 113 day duration, provides 12.00% downside protection and a 2.27% assigned return rate for a 7.34% annualized return rate (comparison purposes only). Sigma Aldrich has a current annual dividend yield of 1.21%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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