Sigma Aldrich (SIAL) PriceWatch Alert At $43.38 Break Even

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

Sigma Aldrich (NasdaqNM: SIAL) closed yesterday at $48.28. 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 46.91 and resistance in the 50.77 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 $43.38 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 10.15% downside protection and a 3.73% assigned return rate for a 13.23% annualized return rate (comparison purposes only). Sigma Aldrich has a current annual dividend yield of 1.15%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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