Unum Group (UNM) PriceWatch Alert Up To 15.48% Return
Posted: Tuesday, June 30, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
Unum Group (NYSE: UNM) closed yesterday at $15.95. So far the stock has hit a 52-week low of $7.61 and 52-week high of $27.50. Unum Group stock has been showing support around 15.56 and resistance in the 16.36 range. Technical indicators for the stock are Bearish and S&P gives UNM a neutral 3 STAR (out of 5) hold rating. UNM appears on the Investors Observer Momentum Plays list. For a hedged play on this stock, look at a Dec '09 12.50 covered call (UNM LV) for a net debit in the $11.65 area. That is also the break even stock price for this trade. This covered call has a 172 day duration, provides 26.96% downside protection and a 7.30% assigned return rate for a 15.48% annualized return rate (comparison purposes only). Unum Group has a current annual dividend yield of 1.88%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE Unum Group (UNM) Stock ReportSee what our analysts have uncovered about Unum Group (UNM).