Vanguard Total Stock Market ETF (VTI) PriceWatch Alert With Support Around $44.75

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

Vanguard Total Stock Market ETF (PCX: VTI) closed yesterday at $45.32. So far VTI has hit a 52-week low of $33.26 and 52-week high of $66.01. VTI has been showing support around 44.75 and resistance in the 46.17 range. Technical indicators are Neutral. VTI appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Sep '09 45 covered call (JTI IS) for a net debit in the $43.17 area. That is also the break even stock price for this trade. This covered call has a 75 day duration, provides 4.74% downside protection and a 4.24% assigned return rate for a 20.63% 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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