PPL (PPL) PriceWatch Alert With 10.05% Downside Protection
Posted: Monday, July 06, 2009 8:07 AM EDT
By: Market Intelligence Center Staff
PPL (NYSE: PPL) closed yesterday at $31.83. So far the stock has hit a 52-week low of $24.25 and 52-week high of $53.23. PPL stock has been showing support around 30.80 and resistance in the 33.88 range. Technical indicators for the stock are Bearish and S&P gives PPL a neutral 3 STAR (out of 5) hold rating. PPL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at an Oct '09 30 covered call (PPL JF) for a net debit in the $28.63 area. That is also the break even stock price for this trade. This covered call has a 103 day duration, provides 10.05% downside protection and a 4.79% assigned return rate for a 16.96% annualized return rate (comparison purposes only). PPL has a current annual dividend yield of 4.13%. [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]
CLICK HERE: FREE PPL (PPL) Stock ReportSee what our analysts have uncovered about PPL (PPL).
More News For PPL (PPL):
Potential PPL (PPL) Trade Targets 7.34% Return
Tuesday, January 17, 2012... PPL Corp (NYSE: PPL) closed Friday's trading session at $28.09. In the past year, the stock has hit a 52-week low of $24.10 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1328301
Potential PPL (PPL) Trade Has $27.12 Breakeven
Monday, January 09, 2012... PPL (NYSE:PPL) closed Friday's wandering trading session at $28.52. In the past year, the stock has hit a 52-week low of $24.10 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1326716
PPL (PPL) Could Fall Through $29.51 Support Level
Thursday, December 29, 2011... PPL (NYSE:PPL) closed Wednesday's deflating trading session at $29.69. In the past year, the stock has hit a 52-week low of $24.10 and 52-week high......
http://www.marketintelligencecenter.com/analyfav/1324627
PPL (PPL) Could Fall Through $29.19 Support Level
Friday, December 23, 2011... PPL Corp (NYSE: PPL) closed Thursday's trading session at $29.54. In the past year, the stock has hit a 52-week low of $24.10 and 52-week high of......
http://www.marketintelligencecenter.com/analyfav/1323670
blog comments powered by