World Fuel Services (INT) PriceWatch Alert for July 6, 2009

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

World Fuel Services (NYSE: INT) closed yesterday at $39.82. So far the stock has hit a 52-week low of $13.78 and 52-week high of $48.75. World Fuel Services stock has been showing support around 38.95 and resistance in the 41.05 range. Technical indicators for the stock are Bullish and S&P gives INT a neutral 3 STAR (out of 5) hold rating. INT appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Nov '09 35 covered call (INT KG) for a net debit in the $32.02 area. That is also the break even stock price for this trade. This covered call has a 138 day duration, provides 19.59% downside protection and a 9.31% assigned return rate for a 24.62% annualized return rate (comparison purposes only). World Fuel Services has a current annual dividend yield of 0.74%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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