Vanguard FTSE All-World ex-US Index ETF (VEU) PriceWatch Alert Could Hit 19.52% Return

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

Vanguard FTSE All-World ex-US Index ETF (PCX: VEU) closed yesterday at $35.45. So far VEU has hit a 52-week low of $23.32 and 52-week high of $52.79. VEU has been showing support around 34.98 and resistance in the 36.22 range. Technical indicators are Bullish. VEU appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Sep '09 35 covered call (VEU II) for a net debit in the $33.65 area. That is also the break even stock price for this trade. This covered call has a 75 day duration, provides 5.08% downside protection and a 4.01% assigned return rate for a 19.52% annualized return rate (comparison purposes only). [For more information on these strategies along with more details on possible risks go to www.iotogo.com/HPWAinfo]

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