Siemens Aktiengesellschaft (SI) PriceWatch Alert for July 6, 2009

Posted: Monday, July 06, 2009 8:07 AM EDT

Siemens Aktiengesellschaft (NYSE: SI) closed yesterday at $66.46. So far the stock has hit a 52-week low of $43.89 and 52-week high of $123.81. Siemens Aktiengesellschaft stock has been showing support around 65.52 and resistance in the 68.22 range. Technical indicators for the stock are Bearish and S&P gives SI a neutral 3 STAR (out of 5) hold rating. SI appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Oct '09 65 covered call (SI JM) for a net debit in the $59.66 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 10.23% downside protection and an 8.95% assigned return rate for a 31.72% annualized return rate (comparison purposes only). Siemens Aktiengesellschaft has a current annual dividend yield of 2.09%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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